METHOD AND SYSTEM FOR MARKETING AND SELLING WATER RIGHTS

• US 20140074734A1
• Filed: 09/11/2013
• Published: 03/13/2014
• Est. Priority Date: 09/11/2012
• Status: Abandoned Application

• Current Assignee: Pinnacle Software, LLC
• Original Assignee: Pinnacle Software, LLC
• Inventors: Lassley, Jesse R., Bemis, Michael, Green, Collin
• Application Number:
  US14/023,750
• Publication Number:
  US 20140074734A1
• Time in Patent Office: Days
• US Class Current: 705/306
• CPC Class Codes: G06Q 30/0201 Market modelling; Market analysis; Collecting market data
• CPC Class Codes: G06Q 30/0278 Product appraisal
• CPC Class Codes: G06Q 50/165 Land development
• CPC Class Codes: Y02A 20/00 Water conservation; Efficient water supply; Efficient water use
• CPC Class Codes: Y02A 20/20 Controlling water pollution; Waste water treatment

Abstract

A water rights marketing system, methods, and products that perform maintaining a listings database including listings data representative of a plurality of water right listings, receiving data representative of a search query for locating one or more relevant water right listings included in the plurality of water right listings, the search query including search criteria defined by a user of the user device, identifying the one or more relevant water right listings having at least one listings data element that satisfies the search criteria, and presenting the one or more relevant water right listings on a display associated with the user device for access by the user.

Claims

1. A method comprising:

maintaining, by a water rights marketing system, a listings database comprising listings data representative of a plurality of water right listings;

receiving, by the water rights marketing system from a user device, data representative of a search query for identifying one or more relevant water right listings included in the plurality of water right listings, the search query including one or more search criteria defined by a user of the user device;

identifying, by the water rights marketing system in response to the receiving of the search query, the one or more relevant water right listings, the one or more relevant water right listings each having one or more listings data elements that satisfy the one or more search criteria; and

presenting, by the water rights marketing system, the one or more relevant water right listings for display by the user device,

wherein the listings data for at least one of the plurality of water right listings includes

water rights data received from a water rights agency database and associated with the at least one of the plurality of water right listings, and

data representative of listing information provided by the user or another user.

2. The method of claim 1, further comprising:

providing, by the water rights marketing system via a user interface on the user device, one or more filters for selective application by the user for defining the one or more search criteria, the one or more filters corresponding to listings data, and

receiving, by the water rights marketing system from the user device, a selective application by the user of at least one of the one or more filters.

3. The method of claim 1, wherein the one or more search criteria are based on at least one of a quantity of water, an approved nature of use of water, a hydrologic basin identifier, a county, a water source, a type of water right, and a type of point of diversion.

4. The method of claim 1, wherein the one or more search criteria include a geographic search area.

5. The method of claim 4, wherein the geographic search area comprises a polygon defined by a user on a geo-reference base layer, a hydrologic basin, a county, a public land survey area, or a real property parcel.

6. The method of claim 4, further comprising:

defining the geographic search area by

receiving, by the water rights marketing system from the user device, user input of at least one of an address, a parcel number, a tax identification number, a water right reference number, and a user placement of a graphical object on a geo-reference base layer;

determining, by the water rights marketing system, a geographic point location based on the user input; and

defining, by the water rights marketing system, the geographic search area based on the geographic point location.

7. The method of claim 4, wherein the identifying the one or more relevant water right listings included in the plurality of water right listings comprises:

searching, by the water rights marketing system, the listings database to identify the one or more relevant water right listings as having at least one geo-referenced listings data element located within the geographic search area.

8. The method of claim 7, wherein the at least one geo-referenced listings data element is a point of diversion or a place of use.

9. The method of claim 1, wherein the presenting comprises:

displaying, by the water rights marketing system, a geo-reference base layer and one or more graphical elements representing one or more geo-referenced listings data elements of the one or more relevant water rights on the geo-reference base layer.

10. The method of claim 9, wherein the geo-reference base layer comprises a map, a satellite image, or an aerial image.

11. The method of claim 1, wherein the presenting comprises:

displaying, by the water rights marketing system, a results table including a listing summary for each of the one or more relevant water right listings,

wherein each listing summary includes at least a portion of the listings data associated with each of the one or more relevant water right listings.

12. The method of claim 11, further comprising:

providing, by the water rights marketing system, one or more selectable options for accessing additional information associated with the one or more relevant water right listings.

13. The method of claim 1, further comprising:

receiving, by the water rights marketing system, the water rights data associated with the at least one of the plurality of water rights from the water rights agency database; and

maintaining, by the water rights marketing system, a water rights database comprising the water rights data.

14. The method of claim 1, embodied as computer-executable instructions on at least one non-transitory computer-readable medium.

15. A method comprising:

receiving, by a water rights marketing system from a user device, listing information provided by a user of the user device to create a water right listing associated with a water right;

maintaining, by the water rights marketing system, a listings database including listing data associated with the water right listing; and

publishing, by the water rights marketing system, the water right listing,

wherein the listing data comprises data representative of the listing information provided by the user and water right data associated with the water right and received from a water rights agency database.

16. The method of claim 15, further comprising:

receiving, by the water rights marketing system from the water rights agency database, water rights data representative of a plurality of water rights; and

maintaining, by the water rights marketing system, a water rights database comprising the water rights data, including the water right data associated with the water right.

17. The method of claim 16, further comprising:

receiving, by the water rights marketing system from the user device, a search query for identifying the water right included in the plurality of water rights; and

searching, by the water rights marketing system, the water rights database to identify the water right.

18. The method of claim 15, further comprising:

receiving, from the user device, a user request to create the water right listing.

19. The method of claim 18, further comprising:

providing, by the water rights marketing system in response to the receiving of the user request, a graphical user interface for display by the user device and configured to facilitate input of the listing information from the user of the user device.

20. The method of claim 19, wherein:

the graphical user interface includes one or more fields for inputting the listing information; and

at least one of the one or more fields is pre-populated with corresponding water right data received from the water rights database.

21. The method of claim 15, wherein the listing information includes one or more documents uploaded by a user.

22. The method of claim 15, wherein the listing information includes transaction information associated with a sale of the water right.

23. The method of claim 15, further comprising:

receiving, by the water rights marketing system, one or more user preferences specifying access rights for a portion of the water rights information included in the water right listing.

24. A method comprising:

maintaining, by a water rights marketing system, one or more water rights databases comprising water rights data corresponding to a plurality of water rights, the water rights data including water right valuation data;

receiving, by a water rights marketing system, user input specifying a water right to be valued;

identifying, by the water rights marketing system, comparable water rights data included in the one or more water rights databases; and

determining, by the water rights marketing system, an estimated value of the water right based on the valuation data included in the comparable water rights data.

25. The method of claim 24, further comprising:

searching, by the water rights marketing system in response to the receiving the user input specifying the water right to be valued, the one or more water rights databases to identify the water right to be valued,

wherein the determining of the estimated value of the water right is further based on water rights data included in the one or more water rights databases corresponding to the water right.

26. The method of claim 24, wherein the identifying the comparable water rights data is performed in accordance with a comparables heuristic.

27. The method of claim 24, wherein:

the one or more water rights databases include a listings database including listings data representing a plurality of water right listings, and

the water right valuation data is included in the listings data in the listings database.

28. The method of claim 27, wherein the identifying the comparable water rights data comprises:

presenting, by the water rights marketing system, a set of water right listings included in the plurality of water right listings for selection by the user;

receiving, by the water rights marketing system, a user selection of one or more of the water right listings included in the set of water right listings; and

identifying, by the water rights marketing system, the listings data associated with the selected one or more of the water right listings included in the set of water right listings as the comparable water rights data.

29. The method of claim 24, wherein the determining the estimated value is performed in accordance with a statistical regression analysis.

30. The method of claim 24, wherein the determining the estimated value is further based on a depletion factor.

31. The method of claim 30, wherein the depletion factor is included in the comparable water rights data or determined based on the comparable water rights data.

32. A water rights marketing system comprising:

a water rights database comprising water rights data representative of one or more water rights;

a listings module configured to facilitate generation of one or more water right listings associated with the one or more water rights;

a listings database including listing data representative of the one or more water right listings;

a search module configured to receive a search query from a user device and search the listings database to identify one or more relevant water right listings included in the one or more water right listings; and

a display module configured to display at least a portion of the one or more relevant water right listings,

wherein the listing data associated with the water right listing included in the one or more water right listings includes

water rights data corresponding to the one or more water rights associated with the one or more water rights listings, and

data representative of listing information provided by a user of the user device.