SYSTEM AND METHOD OF OPTIMIZING COMMERCIAL REAL ESTATE TRANSACTIONS
First Claim
1. A method for facilitating a real estate transaction comprising the steps of:
- receiving at least one site performance criteria from at least one prospective buyer;
receiving prospective site data regarding at least one prospective site from at least one prospective seller;
calculating the value of at least one prospective site metric using the prospective site data wherein the at least one prospective site metric corresponds to at least one of the site performance criteria;
evaluating the at least one prospective site metric using a predetermined set of filtering criteria;
determining whether the at least one prospective site meets the site performance criteria based on the evaluation of the prospective site data and the at least one prospective site metric; and
displaying the degree to which the at least one prospective site meets the site performance criteria.
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Accused Products
Abstract
The present invention is directed to a method for facilitating a real estate transaction comprising the steps of receiving at least one site performance criteria from at least one prospective buyer, receiving prospective site data regarding at least one prospective site from at least one prospective seller, calculating the value of at least one prospective site metric using the prospective site data wherein the at least one prospective site metric corresponds to at least one of the site performance criteria, evaluating the at least one prospective site metric using a predetermined set of filtering criteria, determining whether the at least one prospective site meets the site performance criteria based on the evaluation of the prospective site data and the at least one prospective site metric and displaying the degree to which the at least one prospective site meets the site performance criteria.
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Citations
21 Claims
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1. A method for facilitating a real estate transaction comprising the steps of:
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receiving at least one site performance criteria from at least one prospective buyer; receiving prospective site data regarding at least one prospective site from at least one prospective seller; calculating the value of at least one prospective site metric using the prospective site data wherein the at least one prospective site metric corresponds to at least one of the site performance criteria; evaluating the at least one prospective site metric using a predetermined set of filtering criteria; determining whether the at least one prospective site meets the site performance criteria based on the evaluation of the prospective site data and the at least one prospective site metric; and displaying the degree to which the at least one prospective site meets the site performance criteria. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16)
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17. A system for facilitating a real estate transaction comprising:
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a server for storing prospective site data regarding at least one prospective site from at least one prospective seller and for storing site performance criteria from at least one prospective buyer; a user interface allowing prospective buyers and sellers to check the status of prospective sites; and a filtering module enabling evaluation of the prospective site data using a predetermined set of filtering criteria; a modeling module enabling calculation of the value of at least one prospective site metric using the prospective site data wherein the at least one prospective site metric corresponds to at least one of the site performance criteria; a scoring module enabling evaluation of the at least one prospective site metric using the predetermined set of filtering criteria and determination of whether the at least one prospective site meets the site performance criteria based on the evaluation of the prospective site data and the at least one prospective site metric; and an output module enabling generation of a signal indicating the degree to which the at least one prospective site meets the site performance criteria. - View Dependent Claims (18, 19, 20)
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21. A method for facilitating the purchase of commercial real estate comprising the steps of:
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inputting site performance criteria and filtering criteria; receiving prospective site data regarding at least one prospective site from at least one prospective seller; evaluating the prospective site data using the filtering criteria; receiving at least one prospective site metric based on the prospective site data; evaluating the at least one prospective site metric using the filtering criteria; receiving a determination of whether the at least one prospective site meets the site performance criteria based on the evaluation of the prospective site data and the at least one prospective site metric; and determining whether to make an offer for the prospective site.
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Specification