Lin L Feng

Address:

11300 Potomac Oaks Dr, Rockville, MD 20850

VIN:

5FNRL38958B112860

Make:

HONDA

Model:

ODYSSEY

Year:

2008

US Patent:

20160027069, Jan 28, 2016

Filed:

Jul 28, 2014

Appl. No.:

14/444041

Inventors:

- Washington DC, US
Eric Rosenblatt - Derwood MD, US
Jesse Staal - Arlington VA, US
Lin Feng - Rockville MD, US
Weifeng Wu - Arlington VA, US

International Classification:

G06Q 30/02
G06Q 50/16

Abstract:

Modeling appropriate comparable properties for the assessment of appraisals entails accessing a property dataset, wherein subsets of properties represented in the property data are determined to be members of respective condominium projects. Condominium project identification information is scrubbed, standardized and updated using various techniques. An automated valuation model is applied to the property data, preferably implementing the condominium project variable as a location fixed effect variable. Appraisal reports where the subject property is a condominium are then analyzed using the results of the automated valuation model, including but not limited to ranking and displaying the appraiser-chosen comparables among the model-chosen comparables.