PATENT CLAIM ANALYSIS

Application Number: 15907749
Application Type: Utility
Filing Date: 2018-02
Publication Date: 2019-08
Patent Classification: ["705", "007340"]

Abstract:
Tools for analyzing sub-markets corresponding to subject properties are disclosed. An initial pool of property sales is determined as a general market for a subject property, according to property characteristics. Interfaces are provided to allow revision of the property characteristics to iteratively flexibly define new sub-markets for the subject property. A map image is displayed depicting the subject property along with properties included and excluded from the current sub-market. Additionally, a graph image depicts sale price versus hedonic price for each property. Boundary lines are provided in the graph image to depict sales price outliers among the results for the current sub-market. The distribution of any selectable property characteristic for the general market and the current sub-market can also be displayed in a graphical image. Interfaces allow the user to investigate individual properties (e.g., outliers) and to selectively include or exclude any given property.

Claim (Index 11):
An apparatus for displaying a subject property along with pools of property sales, the apparatus comprising:\n a processor; and a memory, the memory storing program code executable by the processor to perform operations comprising: receiving an identification of a subject property and identifying a general market for the subject property as a corresponding first pool of property sales that satisfy a first range of values for property characteristics corresponding to the subject property; displaying a graph image corresponding to the general market, the graph image including a depiction of properties in the corresponding first pool of property sales wherein a first axis correlates to hedonic price and a second axis correlates to sale price, the first axis and the second axis being on a matched scale, the graph image further including first and second boundary lines indicating a predetermined number of standard deviations of the sale price from the hedonic price; identifying a sub-market for the subject property as a corresponding second pool of property sales that satisfy a second range of values for the property characteristics, the second range being more narrow than the first range in at least one of the property characteristics; and automatically updating the graph image to include a depiction of properties in the corresponding second pool of properties.

Metadata:
- Claim Count in Document: 23.0
- Percentile: 88.0
- Lexical Diversity: 1.89157
- Patent Class: 705.0
- Transitional Phrase Type: open
- Component Type: 1
- Foreign Priority: False
- Related Applications: ['15268902', '12929621', '13527353', '12037168', '13279769']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.102779400916155
- 35 USC 102 Novelty (BERT): 0.4959026688473589
- Combined Prediction Score: 0.1420917277092754
- Mean Citation Score: 246.23796600000003
- Max Citation Score: 250.41127000000003
- Similarity Product: 199.0831878355789

Labels:
- Claim Label 101: 0
- Claim Label 102: 1
- Claim Label 103: 1
- Claim Label 112: 1
- Combined Label: 0
- Label 101 Adjusted: 0

Dataset: test