SYSTEMS AND METHODS FOR PROPERTY INFORMATION DEVELOPMENT DISTRIBUTION AND DISPLAY

• US 20120158459A1
• Filed: 12/02/2011
• Published: 06/21/2012
• Est. Priority Date: 08/31/2004
• Status: Active Application

• Current Assignee: Villena, Jose, Villena, Mario
• Original Assignee: Villena, Jose, Villena, Mario
• Inventors: Villena, Mario, Villena, Jose
• Application Number:
  US13/294,044
• Publication Number:
  US 20120158459A1
• Time in Patent Office: Days
• US Class Current: 705/7.34
• CPC Class Codes: G06F 16/29 Geographical information databases
• CPC Class Codes: G06Q 30/00 Commerce
• CPC Class Codes: G06Q 30/0205 Location or geographical consideration
• CPC Class Codes: G06Q 30/0206 Price or cost determination based on market factors
• CPC Class Codes: G06Q 30/0278 Product appraisal
• CPC Class Codes: G06Q 50/16 Real estate

Abstract

An apparatus for creating and maintaining a database containing information relating to residential properties includes an AVM device configured to receive information relating to residential properties, producing AVM values for each property and updating an AVM database with the AVM values.

Claims

1-37. -37. (canceled)

38. A system for distributing real-estate related information, comprising:

one or more tangible computer-readable mediums that includes one or more databases with entries for a plurality of residential properties with each entry including at least;

a first field containing an address of a residential property, and a second field containing an automatic valuation method (AVM) value reflecting a computer-generated value of the residential property identified by the address of the first field; and

one or more computers configured to;

update each of the AVM values using residential property information so as to enable the one or more databases so as to repeatedly reflect market changes in the AVM values of the residential properties; and

distribute the AVM values to any one of a plurality of users over a publically-accessible network.

39. The system of claim 38, wherein:

the one or more computer-readable mediums further includes geographic information for each residential property, and

the one or more computers are further configured to provide display information to a plurality of remote terminals to enable each of the remote terminals to generate a map-like display for a respective geographic region, each map-like display containing at least;

(1) respective icons for each of a plurality of residential properties within the respective geographic region, the icons being spatially distributed relative to one another based on the geographic information, and (2) at least one AVM value for one of the plurality of residential properties.

40. The system of claim 39, wherein the residential properties include substantially all of the residential properties for an existing residential market in a user-defined geographic region.

41. The system of claim 39, wherein the residential properties include a majority all of the residential properties for the existing residential market offered for sale in a user-defined geographic region.

42. The system of claim 39, wherein each geographic region is defined based on information received from a user.

43. The system of claim 42, wherein the remote terminals include a plurality of mobile phones.

44. The system of claim 42, wherein each map-like display is configured such that a user selection of a first property in the map-like display displays a window containing at least an AVM value for the first property.

45. The system of claim 42, wherein the map-like display includes an AVM value for each of a plurality of residential properties.

46. The system of claim 38, wherein the one or more computers are further configured to distribute the AVM values to any one of a plurality of mobile phones.

47. The system of claim 38, wherein the one or more computers are further configured to perform queries on the plurality of properties based on physical characteristics of the properties.

48. The system of claim 38, further comprising a first terminal containing software that enables the terminal to pass user-provided information to the one or more computers, and to display a map-like display for a geographic region designated by the user of the terminal based on information received from the one or more computers, the map-like display containing at least:

(1) respective icons for each of a plurality of residential properties within the respective geographic region, the icons being spatially distributed relative to one another based on the geographic information, and (2) at least one AVM value for one of the plurality of residential properties.

49. The system of claim 38, wherein:

the one or more computer-readable mediums further includes geographic information for each residential property, and

the one or more computers are further configured to provide display information to a plurality of remote terminals to enable each of the remote terminals to generate a map-like display for a respective geographic region based on the geographic information, each map-like display including at least an AVM values for each of a plurality of residential properties within the respective geographic region.

50. A method for distributing real-estate related information using one or more tangible computer-readable mediums that includes one or more databases with entries for plurality of residential properties with each entry including at least a first field containing an address of a residential property, and a second field containing a automatic valuation methodology (AVM) value reflecting a computer-generated value of the residential property identified by the address of the first field, the method comprising:

repeatedly updating the AVM values based on residential property information so as to reflect market changes in the values of the residential properties using one or one or more first computers configured to generate AVM values from residential property information; and

distributing the AVM values to any one of a plurality of users over a publically-accessible network using one or more second computers configured to distribute data over a network.

51. The method of claim 50, further comprising:

receiving from a first user by the one or more second computers first information defining a geographic region; and

providing display information to a first terminal by the one or more second computers based on the first information to enable the first terminal to generate a map-like display for the geographic region, the map-like display containing at least;

(1) respective icons for each of a plurality of residential properties within the geographic region, the icons being spatially distributed relative to one another based on geographic information also residing in the one or more computer-readable mediums, and (2) at least one AVM value for one of the plurality of residential properties.

52. The method of claim 51, wherein the residential properties include substantially all of the residential properties for an existing market in at least two counties.

53. The method of claim 51, wherein the residential properties are existing market residential properties offered for sale.

54. The method of claim 51, wherein the map-like display is configured such that a user selection of a first property in the map-like display displays an AVM value for the first property.

55. The method of claim 51, wherein the map-like display includes AVM values for a plurality of residential properties.

56. The method of claim 51, wherein providing display information to a first terminal includes providing AVM values to a mobile phone of the first user.

57. A system for distributing real-estate related information, comprising:

one or more computers configured to;

receive user-provided information and determine a geographic region based on received user-provided information;

produce a plurality of automated valuation method (AVM) values using residential property information, the residential properties being within the geographic region, the AVM values reflecting current market estimates for the residential properties;

provide display information to a remote terminal over a publically accessible network based on the user-provided information, the display information enabling the remote terminal to generate a map-like display for the geographic region, the map-like display containing at least;

respective icons for each of a plurality of residential properties within the geographic region, the icons being spatially distributed relative to one another based on geographic information also residing in one or more computer-readable mediums; and

an AVM value for at least one of the plurality of residential properties within the map-like display.