AUTOMATICALLY DETERMINING A CURRENT VALUE FOR A REAL ESTATE PROPERTY, SUCH AS A HOME, THAT IS TAILORED TO INPUT FROM A HUMAN USER, SUCH AS ITS OWNER.

摘要

A facility procuring information about a distinguished property from its owner that is usable to refine an automatic valuation of the distinguished property is described. The facility displays information about the distinguished property used in the automatic valuation of the distinguished property. The facility obtains user input from the owner adjusting at least one aspect of information about the distinguished property used in the automatic valuation of the distinguished property. The facility then displays to the owner a refined valuation of the distinguished property that is based on the adjustment of the obtained user input.

主权项

1. A computer-readable storage device storing contents adapted to cause a computing system to perform a method for procuring information about a subject home from its owner that is usable to refine an initial automatic estimated market value of the subject home, the method comprising:
retrieving indications of home attributes of the subject home to be used in the determination of the initial automatic estimated market value of the subject home; determining the initial automatic estimated market value of the subject home by applying, to one or more of the home attributes of the subject home, a home valuation model being usable to automatically determine automatic estimated market values for homes near the subject home based only on home attributes of the homes near the subject home, wherein the home valuation model is based on:
a plurality of home attributes of recently-sold homes near the subject home, andselling prices of the recently-sold homes near the subject home; displaying at least a portion of the home attributes of the subject home used in the initial automatic estimated market value of the subject home; obtaining input from the owner of the subject home adjusting at least one home attribute of the subject home used in the initial automatic estimated market value of the subject home; and after obtaining the input from the owner, without human intervention,
refining the initial automatic estimated market value, using the home valuation model, to determine a refined automatic estimated market value of the subject home based on:
at least a portion of the home attributes of the subject home used in the determination of the initial automatic estimated market value of the subject home, andthe adjusted at least one home attribute of the subject home used in the initial automatic estimated market value of the subject home.