Valuation tool for an online auction of a real property asset
AssigneeAuction.com, LLC
InventorsJacob Seid, Peter Muoio, Jennifer Leuer, John Hood, Nat Subsin
Life of this patent
Estimating the term…
Abstract
A computer-implemented method for generating an indicator of value relating to a real property asset is provided. The method includes providing a user interface that includes one or more prompts for soliciting information associated with the real property asset. Data associated with the real property asset is received. Based on the data associated with the real property asset, comparable data associated with one or more comparable assets is determined. An auction reserve price for the real property asset is generated based on the data associated with the real property asset and the comparable data.
Claims15
A computer-implemented method for generating an indicator of value relating to a real property asset, the method being implemented by one or more processors and comprising:
- providing, to a computing device of a seller of the real property asset, a user interface that includes one or more prompts for soliciting information associated with the real property asset;
- receiving, from the computing device of the seller, data associated with the real property asset;
- based on the received data associated with the real property asset, determining comparable data associated with one or more comparable assets;
- and
- generating an auction reserve price for the real property asset based on the received data associated with the real property asset and the comparable data.
A non-transitory computer-readable medium storing instructions that, when executed by a processor of a server, cause the server to perform operations comprising:
- providing, to a computing device of a seller of a real property asset, a user interface that includes one or more prompts for soliciting information associated with the real property asset;
- receiving, from the computing device of the seller, data associated with the real property asset;
- based on the received data associated with the real property asset, determining comparable data associated with one or more comparable assets;
- and
- generating an auction reserve price for the real property asset based on the received data associated with the real property asset and the comparable data.
A system comprising:
- a network interface;
- a memory storing instructions;
- and
- a processor, coupled to the network interface and the memory, to execute the instructions, the instructions causing the system to perform operations comprising:
- providing, to a computing device of a seller of a real property asset, a user interface that includes one or more prompts for soliciting information associated with the real property asset;
- receiving, from the computing device of the seller, data associated with the real property asset;
- based on the received data associated with the real property asset, determining comparable data associated with one or more comparable assets;
- and
- generating an auction reserve price for the real property asset based on the received data associated with the real property asset and the comparable data.
Dependencies are inferred from the claim text.