SYSTEM, METHOD, AND APPARATUS FOR PROPERTY APPRAISALS

• US 20090006185A1
• Filed: 06/26/2008
• Published: 01/01/2009
• Est. Priority Date: 06/29/2007
• Status: Active Grant

• Current Assignee: Clarocity Corp.
• Original Assignee: Zaio, Inc. (Clarocity Corp.)
• Inventors: Stinson, Bradley H.
• Granted Patent: US 8,046,306 B2
• Time in Patent Office: Days
• US Class Current: 705/10
• CPC Class Codes: G06Q 10/10 Office automation; Time management
• CPC Class Codes: G06Q 30/02 Marketing; Price estimation or determination; Fundraising
• CPC Class Codes: G06Q 30/0278 Product appraisal
• CPC Class Codes: G06Q 50/16 Real estate

Abstract

An appraisal system, method, and apparatus for property appraisals including a collector system, an appraisal database, an accounting system, and a scoring system. The collector system gathers data associated with a property and provides the data to the appraisal database. The collector system also reviews, edits, corrects, validates, and formats the data. The scoring system uses the collector system and appraisal database to access and analyze the data to calculate a score associated with the property. The score is calculated using one or more of a zone and market group associated with the property. The scoring system maps the score to one or more comparable sales of one or more other properties based on one or more of the zone and market group in order to generate an appraisal report for the property.

Claims

1. An appraisal system comprising:

a collector system configured to gather at least one of data and files associated with a property; and

a scoring system coupled to the collector system and configured to analyze at least one of the data and files in order to calculate a score associated with the property, wherein the score is calculated using at least;

one of a zone and a market group associated with the property.

2. The appraisal system of claim 1 further comprising an appraisal database coupled to at least one of the collector system and the scoring system and configured to receive at least one of data and files from at least one of the collector system and the scoring system in order to generate an appraisal report associated with the property.

3. The appraisal system of claim 1 wherein the scoring system uses at least one of the score and market analysis software to calculate at least one of an appraisal value and an appraisal report, associated with the property.

4. The appraisal system of claim 1 wherein at least one of:

a portable communication device in communication with at least one of the collector system and the scoring system collects latitude, longitude, and altitude coordinates of the property via a Global Positioning System; and

a portable communication device in communication with at least one of the collector system and the scoring system generates at least one of a photograph and satellite image of the property via a Global Positioning System in order to place a verified latitude, longitude, and altitude in the center of the property.

5. The appraisal system of claim 1 wherein at least one of:

the data and files include at least one of a photograph of the property, a parcel number associated with the property, and one or more comparable sales of other properties in the market group of the property;

the data includes at least one of geographic area, type, style, and size range of the property; and

a portable communication device configured to capture an image of the property and record audibly an address for the property to generate ah audio clip that is associated with the image, so mat me image can be tagged with a related address data field.

6. The appraisal system of claim 1 wherein the zone is defined by at least one of the market group, a community, a neighborhood, a city;

one or more zip codes, a county, a state, a region, and a country.

7. The appraisal system of claim 1 wherein at least one of:

the market group is defined by at least one of the zone, one or more attributes of the property, one or more comparable sales of other properties, a subdivision, a community, and a predetermined geographic boundary; and

one or more properties with similar attributes are in the same market group.

8. A method comprising the steps of:

collecting data related to a first property;

creating at least one of a zone and a market group for the first property;

generating a score associated with the first property based on the data;

mapping the score to one or more comparable sales of one or more other properties based on at least one of the score, the zone, and the market group; and

generating an appraisal report for the first property based oh at least one of the score, the zone, the market groups, and mapping of the score to one or more comparable sales of brie or more other properties.

9. The method of claim 8 further comprising collecting the data in at least one of text, image, audio, and video files.

10. The method of claim 9 further comprising at least one of:

one or more of the files are imported into an appraisal database;

address data fields associated with the files are tagged in the appraisal database;

integrating the files into the appraisal database; and

allowing access to the files in the appraisal database in order to generate an appraisal report.

11. The method of claim 8 further comprising at least one of:

performing quality control of the data;

notifying an appraiser or another entity if there is a quality control error associated with the data;

at least one of formatting and validating the data;

updating an appraisal value of the first property oh a timely basis including at least one of daily, monthly, quarterly, and annually; and

allowing access to the data in the appraisal database in order to generate an appraisal report.

12. A method comprising the steps of;

requesting an appraisal of a property via an appraisal system, wherein the appraisal system includes a collector system, an appraisal database, an accounting system, and a scoring system;

using, the collector system to search for at least one of data and files related to the property;

searching the appraisal database for at least one of data and files related to the property;

creating an accounting invoice related to the property via the accounting system;

analyzing at least one of the data files, and accounting invoice via the scoring system to generate at least one of a score, a zone, and a market group; and

preparing an appraisal report associated with the property instantly or within a predetermined period of time based on at least one of the score, the zone, and the market group.

13. The method of claim 12 further comprising at least one of:

wherein the appraisal report includes at least one of an exterior based appraisal, an interior based-appraisal, and a special request appraisal; and

notifying ah appraiser to perform a property or site inspection of the property based on the appraisal report.

14. The method of claim 12 further comprising at least, one of:

accessing the collector system to at least one of add, edit, review, and verify data including photographs associated with the property;

at least one of viewing, reviewing, adding, editing, and verifying property data including photographs via a portable communication device; and

accessing the collector system to at least one of add, edit, review, and verify the appraisal report associated with the property.

15. A method comprising the steps of:

collecting data related to a first property;

creating at least one of a zone and a market group for the first property based on the data, wherein each zone includes a plurality of market groups and each market group is generated based on at least one of geographic area, type, style, and size range of the first property;

generating a score associated with the first property based on at least, one of the zone and market group;

mapping the score to one or more comparable sales of one or more other properties based on at least one of the score, the zone, and the market group; and

generating an appraisal report for the first property based on at least one of the score, the zone, the market group, and mapping of the score to one or more comparable sales of one or more other properties.

16. The method of claim 15 further comprising mapping the score to one or more comparable sales of one or more other properties includes mapping the score to a cash value of one or more other properties based on at least one of the score, the zone, and the market group.

17. The method of claim 15 further comprising mapping the score to one or more comparable sales of one or more other properties includes mapping the score to a current market value of one or more other properties based on at least one of the score, the zone, and the market group.

18. A system, comprising:

a host system including a processor for processing data associated with a property;

a memory in communication with the processor for storing the data;

an input digitizer in communication with the memory and the processor for inputting the data into the memory; and

an application program stored in the memory and accessible by the processor for directing processing of the data by the processor, wherein the application program is configured to facilitate the steps of;

collecting data related to a first property;

creating at least one of a zone and a market group for the first property;

generating a score associated with the first property based on the data;

mapping the score to one or more comparable sales of one or more other properties based on at least one of the score, the zone, and the market group; and

generating an appraisal report for the first property based on at least one of the score, the zone, the market group, and mapping of the score to one or more comparable sales of one or more other properties.

19. A system, comprising:

a host server for accepting and processing data in connection with a property;

an appraisal database in communication with the host, server for collecting data on the property and using a collector system of the host server to gather at least one of data and files associated with the property; and

a scoring system in communication with at least one of the host server, the collector system, and the appraisal database configured to analyze at least one of the data and files in order to calculate a score associated with the property, wherein the score is calculated using at least one of a zone and a market group associated with the property.

20. A system, comprising:

a browser for submitting data to a web server, wherein the browser and the web server communicate via a communication channel and the data submitted to the web server includes information in connection with at least a first property;

a collector system associated with the web server for collecting data related to the first property;

an appraisal database associated with the web server and in communication with the collector system for collecting data on the first property; and

a scoring system associated with the web server and in communication with at least one of the collector system and the appraisal database for creating at least one of a zone and a market group for the first property, generating a score associated with the first property based on the data, mapping the score to one or more comparable sales of one of more other properties based on at least one of the score, the zone, and the market group, and generating an appraisal report for the first property based on at least one of the score, the zone, the market group, and mapping of the score to one or more comparable sales of one or more other properties.