METHOD AND APPARATUS FOR TESTING AUTOMATED VALUATION MODELS

Patent №

US 8,370,239

Granted

2013-02-05

Filed 2011

Owner

FIRST AMERICAN REAL ESTATE SOLUTIONS, L.P.

+2 more

Lab

AI components

3

ml · kr · planning

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

13182289

A method and apparatus for real time testing of automated valuation 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.

Machine learningKnowledge representationPlanningG06Q 30/0278G06Q 10/10G06Q 40/00G06Q 40/12G06Q 50/16

AI classification

Machine learning1.00
Planning1.00
Knowledge representation0.56
AI hardware0.08
Natural language0.02
Evolutionary computation0.01
Vision0.00
Speech0.00

Ownership

FIRST AMERICAN REAL ESTATE SOLUTIONS, L.P.

assignment · 498060529

FIRST AMERICAN CORELOGIC, INC.

merger · 498060561

CORELOGIC INFORMATION SOLUTIONS, INC.

namechg · 498090150

Assignors

GRABOSKE, BENJAMIN, WALKER, ROBERT

On an employer assignment, the assignors are typically the inventors.

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