Property complexity scoring system, method, and computer program storage device
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United States of America Patent
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Issued Date -
Nov 29, 2012
app pub date -
May 25, 2011
filing date -
May 25, 2011
priority date (Note) -
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Abstract
A property complexity scoring device includes an interface and a computer processor that is programmed to receive location information of a target property via the interface. The computer processor also receives respective property values of the target property from each of a plurality of Automated Valuation Models (AVMs) via the interface and calculates a complexity score based on a combination of the received property values. The complexity score is in one of a plurality of complexity score levels and indicates a difficulty level in determining a property value estimate of the target property. Another approach uses a reconciliation of a plurality of scoring processes to arrive at a complexity score.
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