Methods and systems for managing real estate property
First Claim
1. A method for controlling workflow relating to an acquisition or leasing of a facility using a real estate management system, the real estate management system including a computer coupled to a database, said method comprising:
- selecting a location for a potential facility being considered for a transaction including at least one of an acquisition transaction and a leasing transaction;
prompting a user to enter into the computer information relating to the selected location, the entered information is stored in the database;
automatically displaying on the computer a workflow summary including an active stages section, a future stages section, and a past stages section relating to the selected location of the potential facility, wherein the active stages section includes tasks to be performed within a predetermined period of time and in a recommended sequence to progress the transaction toward completion, the future stages section includes tasks that will likely need to be performed in the future in a recommended sequence to complete the transaction, and the past stages section includes tasks that have already been performed to progress the transaction toward completion;
prompting the user to enter into the computer information relating to each action displayed and performed to complete the transaction, the entered information is stored in the database;
generating documents to complete the transaction based on the information stored in the database for the selected location, once the transaction is completed the potential facility is known as the facility having been at least one of leased or acquired;
prompting the user to enter into the computer information relating to infrastructure updates for the facility; and
managing the infrastructure updates for maintaining the facility.
1 Assignment
0 Petitions
Accused Products
Abstract
A method for controlling workflow relating to an acquisition or leasing of a facility is provided. The method utilizes a real estate management system that includes a computer coupled to a database. The method includes selecting a location for a potential facility being considered for a transaction including at least one of an acquisition transaction and a leasing transaction, prompting a user to enter information relating to the selected location and storing it in the database, and automatically displaying on the computer a workflow summary relating to the selected location of the potential facility. The method further includes prompting the user to enter information relating to each action displayed and performed to complete the transaction, generating documents to complete the transaction based on the information stored in the database for the selected location, prompting the user to enter information relating to infrastructure updates for the facility, and managing the infrastructure updates for maintaining the facility.
48 Citations
30 Claims
-
1. A method for controlling workflow relating to an acquisition or leasing of a facility using a real estate management system, the real estate management system including a computer coupled to a database, said method comprising:
-
selecting a location for a potential facility being considered for a transaction including at least one of an acquisition transaction and a leasing transaction;
prompting a user to enter into the computer information relating to the selected location, the entered information is stored in the database;
automatically displaying on the computer a workflow summary including an active stages section, a future stages section, and a past stages section relating to the selected location of the potential facility, wherein the active stages section includes tasks to be performed within a predetermined period of time and in a recommended sequence to progress the transaction toward completion, the future stages section includes tasks that will likely need to be performed in the future in a recommended sequence to complete the transaction, and the past stages section includes tasks that have already been performed to progress the transaction toward completion;
prompting the user to enter into the computer information relating to each action displayed and performed to complete the transaction, the entered information is stored in the database;
generating documents to complete the transaction based on the information stored in the database for the selected location, once the transaction is completed the potential facility is known as the facility having been at least one of leased or acquired;
prompting the user to enter into the computer information relating to infrastructure updates for the facility; and
managing the infrastructure updates for maintaining the facility. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10)
-
-
11. A network-based system for controlling workflow relating to an acquisition transaction or a leasing transaction of a facility for a business entity and for managing the facility for the business entity after the transaction has been completed, said system comprising:
-
a client system comprising a browser;
a database for storing information; and
a server system configured to be coupled to said client system and said database, said server further configured to;
prompt a user to select a location of a potential facility being considered for a transaction including at least one of an acquisition transaction and a leasing transaction;
prompt the user to input into the client system information relating to the selected location, the inputted information is stored in the database;
calculate a score for the potential facility based on a determination of whether the potential facility satisfies certain building requirements for the business entity;
automatically display on the client system a workflow summary including an active stages section, a future stages section, and a past stages section relating to the selected location of the potential facility, wherein the active stages section includes tasks to be performed within a predetermined period of time and in a recommended sequence to progress the transaction toward completion, the future stages section includes tasks that will likely need to be performed in the future in a recommended sequence to complete the transaction, and the past stages section includes tasks that have already been performed to progress the transaction toward completion;
prompt the user to input into the client system information relating to each action displayed and performed to complete the transaction, the inputted information is stored in the database;
generate documents to complete the transaction based on the information stored in the database for the selected location, once the transaction is completed the potential facility is known as the facility having been at least one of leased or acquired;
prompt the user to input into the client system information relating to infrastructure updates for the facility; and
process the infrastructure updates for maintaining the facility. - View Dependent Claims (12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29)
-
-
30. A computer program embodied on a computer readable medium for controlling workflow relating to an acquisition or leasing of a facility by a business entity, said program comprising at least one code segment that prompts a user to select a location for a potential facility being considered for a transaction including at least one of an acquisition transaction and a leasing transaction and then:
-
prompts a user to input information relating to the selected location, the entered information is stored in a database;
calculates a score for the potential facility using an algorithm for determining whether the potential facility satisfies certain building requirements for the business entity;
automatically generates a workflow summary including an active stages section, a future stages section, and a past stages section relating to the selected location of the potential facility, wherein the active stages section includes tasks to be performed within a predetermined period of time and in a recommended sequence to progress the transaction toward completion, the future stages section includes tasks that will likely need to be performed in the future in a recommended sequence to complete the transaction, and the past stages section includes tasks that have already been performed to progress the transaction toward completion;
prompts the user to input information relating to each action displayed and performed to complete the transaction, the entered information is stored in the database;
prompts the user to submit an approval request for approval of the transaction involving the selected location by at least one predetermined approver, the approver then provides the user with an approval or a rejection indicating whether management of the business entity approves or rejects the transaction;
generates documents to complete the transaction based on the information stored in the database for the selected location, once the transaction is completed the potential facility is known as the facility having been at least one of leased or acquired, the generated documents include at least one of a lease agreement, a lease renewal agreement, and a purchase agreement relating to the facility;
records and tracks any options relating to the facility;
prompts the user to input information relating to infrastructure updates for the facility including scheduling and monitoring construction or repair costs for the facility, arranging for signage for the facility, and arranging for installing certain technology systems within the facility; and
manages the infrastructure updates for maintaining the facility including processing at least one of work orders, purchase orders, vouchers, invoices, and payments to vendors for work performed at the facility.
-
Specification