Value resolution process

A method for resolving the value of a property, comprising the steps of:

• establishing a methodology for valuation;
• determining a value for the property based upon the valuation methodology;
• comparing the value for the property to a predetermined target value;
• and
• resolving the value of the property according to a determined relationship of the value with the target value.

A method for resolving the value of a property, comprising the steps of:

• establishing a methodology for valuation;
• providing information;
• determining a value for the property from the information and based upon the valuation methodology;
• comparing the value for the property to a plurality of classes, each class having a maximum value and minimum value;
• and
• resolving the value of the property based upon the value class for which the actual value of the property lies between the maximum value and minimum value of that value class.

A method for resolving the value of property, comprising the steps of:

• establishing a valuation methodology;
• setting predetermined value increments to represent assigned value of the property;
• setting a target value;
• providing information into the valuation methodology;
• determining an actual value for the property from the information and based upon the valuation methodology;
• comparing the actual value to the target value;
• comparing the actual value of the property to specific value increments dependent upon the relationship of the actual value to the target value;
• and
• assigning one of the value increments to the property based upon a predetermined relationship for assigning value increments.

A barter based system for exchanging property rights between members of the system, comprising:

• an automated valuation tool configured to determine the actual value of rights in the property of one member in response to input data for pre-selected valuation parameters;
• an automated determining tool configured to determine an assigned value associated with the actual value determined by the valuation tool, said assigned value being selected from a plurality of possible assigned values each having actual values exclusive to that assigned value;
• and
• a bank in which each member has an account in which a debit for the account of the one member and a credit for the account of another member is recorded at least in part as trade credits from the determination of the assigned value.

A barter based system for concluding transactions in property rights between parties, comprising:

• an automated valuation tool configured to determine the value of rights in the property of one party in response to input data for pre-selected valuation parameters;
• an automated determining tool configured to calculate consideration transferable by another party for the rights in the property in response to determination of the value of rights in the property;
• and
• a bank in which at least one party account is modified to reflect an amount at least partly in trade credits associated with the calculated consideration.

A system for exchanging rights in intangible properties, comprising:

• a plurality of client systems operated by clients;
• a listing server system including:
• a process for listing intangible properties and services and products and providing those listings to the client systems;
• a process for receiving indications of interest in rights in particular intangible properties and services and products from the client servers;
• and
• a processor for executing the processes for listing and receiving indications of interest;
• a value resolution system including:
• a process for receiving data from a client system that pertains to a particular intangible property;
• a process for determining an actual value of the particular intangible property based upon the data;
• a process for assigning one of a plurality of predetermined assigned values for the particular intangible property based upon the actual value;
• a process for establishing a consideration amount for the particular intangible property associated with the assigned value;
• and
• a processor for executing the processes for receiving use based data, determining an actual value, assigning assigned values and assigning a consideration amount;
• and
• a banking system having client accounts and an administrator account including:
• a process for receiving and executing instructions for recording the debit of system currency from the account of a client and a credit to another client upon a transaction for rights in intangible property and products and services on the listing server system;
• a process for receiving and executing instructions for recording a debit for the account of one client and a credit for the account of another client for consideration determined by the value resolution system;
• a process for calculating and assessing a commission for a transaction by recording a debit in a client account and a credit in the administrator account;
• and
• a processor for executing the processes for receiving and executing instructions, recording a debit and credit and calculating and assessing a commission.