Automatically determining a current value for a real estate property, such as a home, that is tailored to input from a human user, such as its owner
First Claim
1. A computer storage device whose contents cause a computing system to perform a method for procuring information about a property from its owner that is usable to refine an automatic valuation of the property, the method comprising:
- generating the automatic valuation of the property using only information about the property originated by a public source;
displaying at least a portion of information about the property used in the automatic valuation of the property;
on a first day;
obtaining user input from the owner adjusting at least one aspect of information about the property used in the automatic valuation of the property;
storing the obtained user input in a non-volatile medium; and
on a second day that is after the first day, using the stored user input to display to the owner a refined valuation of the property that is based on the adjustment of the obtained user input.
5 Assignments
0 Petitions
Accused Products
Abstract
A facility procuring information about a distinguished property from a user knowledgeable about the distinguished property that is usable to refine an automatic valuation of the distinguished property is described. The facility displays information about the distinguished property used in the automatic valuation of the distinguished property. The facility obtains user input from the user adjusting at least one aspect of information about the distinguished property used in the automatic valuation of the distinguished property. On a later day, facility displays to the user a refined valuation of the distinguished property that is based on the adjustment of the obtained user input.
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Citations
13 Claims
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1. A computer storage device whose contents cause a computing system to perform a method for procuring information about a property from its owner that is usable to refine an automatic valuation of the property, the method comprising:
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generating the automatic valuation of the property using only information about the property originated by a public source; displaying at least a portion of information about the property used in the automatic valuation of the property; on a first day; obtaining user input from the owner adjusting at least one aspect of information about the property used in the automatic valuation of the property; storing the obtained user input in a non-volatile medium; and on a second day that is after the first day, using the stored user input to display to the owner a refined valuation of the property that is based on the adjustment of the obtained user input. - View Dependent Claims (2, 3, 4, 12)
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5. A method in a computing system having a processor for refining an automatic valuation of a home based upon input from a user knowledgeable about the home, comprising:
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generating the automatic valuation of the property using only information about the home originated by a public source; displaying at least a portion of information about the property used in the automatic valuation of the property; on a first day, obtaining user input adjusting at least one aspect of information about the home used in the automatic valuation of the home; with a computer processor, automatically determining a refined valuation of the home that is based on the adjustment of the obtained user input; and presenting the refined valuation of the home on a second day that is after the first day. - View Dependent Claims (6, 7, 8, 9, 10, 11, 13)
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Specification