Multiple transaction property valuation
Property valuation that uses multiple transactions in predicting a value for a property. Instead of choosing only one prior transaction, valuation uses multiple transactions for a given property to provide a more accurate mark-to-market value. Preferably, a weighted combination of mark-to-market val...
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creator | GAO ANDRE H AN MARK Y |
description | Property valuation that uses multiple transactions in predicting a value for a property. Instead of choosing only one prior transaction, valuation uses multiple transactions for a given property to provide a more accurate mark-to-market value. Preferably, a weighted combination of mark-to-market values provided by an HPI and individual ones of the multiple transaction records provide a predicted value for the given property. Weighting factors recency and transaction type to correct for both sources of potential inaccuracy. |
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Instead of choosing only one prior transaction, valuation uses multiple transactions for a given property to provide a more accurate mark-to-market value. Preferably, a weighted combination of mark-to-market values provided by an HPI and individual ones of the multiple transaction records provide a predicted value for the given property. Weighting factors recency and transaction type to correct for both sources of potential inaccuracy.</description><subject>CALCULATING</subject><subject>COMPUTING</subject><subject>COUNTING</subject><subject>DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES</subject><subject>PHYSICS</subject><subject>SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR</subject><fulltext>true</fulltext><rsrctype>patent</rsrctype><creationdate>2010</creationdate><recordtype>patent</recordtype><sourceid>EVB</sourceid><recordid>eNrjZFD3Lc0pySzISVUoKUrMK05MLsnMz1MoKMovSC0qqVQoS8wpTQQJ8TCwpiXmFKfyQmluBgU31xBnD93Ugvz41OKCxOTUvNSS-NBgcwtjQxNLIydDYyKUAACtrSiM</recordid><startdate>20101109</startdate><enddate>20101109</enddate><creator>GAO ANDRE H</creator><creator>AN MARK Y</creator><scope>EVB</scope></search><sort><creationdate>20101109</creationdate><title>Multiple transaction property valuation</title><author>GAO ANDRE H ; AN MARK Y</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-epo_espacenet_US7831492B13</frbrgroupid><rsrctype>patents</rsrctype><prefilter>patents</prefilter><language>eng</language><creationdate>2010</creationdate><topic>CALCULATING</topic><topic>COMPUTING</topic><topic>COUNTING</topic><topic>DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES</topic><topic>PHYSICS</topic><topic>SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR</topic><toplevel>online_resources</toplevel><creatorcontrib>GAO ANDRE H</creatorcontrib><creatorcontrib>AN MARK Y</creatorcontrib><collection>esp@cenet</collection></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext_linktorsrc</fulltext></delivery><addata><au>GAO ANDRE H</au><au>AN MARK Y</au><format>patent</format><genre>patent</genre><ristype>GEN</ristype><title>Multiple transaction property valuation</title><date>2010-11-09</date><risdate>2010</risdate><abstract>Property valuation that uses multiple transactions in predicting a value for a property. Instead of choosing only one prior transaction, valuation uses multiple transactions for a given property to provide a more accurate mark-to-market value. Preferably, a weighted combination of mark-to-market values provided by an HPI and individual ones of the multiple transaction records provide a predicted value for the given property. Weighting factors recency and transaction type to correct for both sources of potential inaccuracy.</abstract><oa>free_for_read</oa></addata></record> |
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subjects | CALCULATING COMPUTING COUNTING DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES PHYSICS SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR |
title | Multiple transaction property valuation |
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