Multiple transaction property valuation

Details Multiple transaction property valuation Multiple transaction property valuation

2005-01-12

2010-11-09

Kazimi, Hani (Department: 3691)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Finance

C705S038000

Reexamination Certificate

active

07831492

ABSTRACT:
Property valuation that uses multiple transactions in predicting a value for a property. Instead of choosing only one prior transaction, valuation uses multiple transactions for a given property to provide a more accurate mark-to-market value. Preferably, a weighted combination of mark-to-market values provided by an HPI and individual ones of the multiple transaction records provide a predicted value for the given property. Weighting factors recency and transaction type to correct for both sources of potential inaccuracy.

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