
US Patent Application No: 2006/0122,918
Number of patents in Portfolio can not be more than 2000
Method and apparatus for testing automated valuation models
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Jun 8, 2006
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Dec 8, 2004
filing date -
11/007,750
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Abstract
A method and apparatus for real time testing of automated valuation models using various indicators of accuracy. These indicators are then weighted according to their value as indicators of accuracy using individualized weighting factors or an equation. A ranking is then computed based upon the factors and their weights. This method is preformed continuously, so as to achieve real-time or periodically updated automated valuation model accuracy rankings.
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