Invention Grant
- Patent Title: Valuation tool for an online auction of a real property asset
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Application No.: US14210311Application Date: 2014-03-13
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Publication No.: US10380679B2Publication Date: 2019-08-13
- Inventor: Jacob Seid , Peter Muoio , Jennifer Leuer , John Hood , Nat Subsin
- Applicant: Auction.com, LLC
- Applicant Address: US CA Irvine
- Assignee: Auction.com, LLC
- Current Assignee: Auction.com, LLC
- Current Assignee Address: US CA Irvine
- Agency: Mahamedi IP Law LLP
- Main IPC: G06Q30/08
- IPC: G06Q30/08 ; G06Q30/00 ; G06Q30/06

Abstract:
A computer-implemented method for generating an indicator of value relating to a real property asset is provided. The method includes providing a user interface that includes one or more prompts for soliciting information associated with the real property asset. Data associated with the real property asset is received. Based on the data associated with the real property asset, comparable data associated with one or more comparable assets is determined. An auction reserve price for the real property asset is generated based on the data associated with the real property asset and the comparable data.
Public/Granted literature
- US20140279151A1 VALUATION TOOL FOR AN ONLINE AUCTION OF A REAL PROPERTY ASSET Public/Granted day:2014-09-18
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