Predicting real estate and other transactions

Abstract

A technique for estimating the relative likelihood that specific parcels or groups thereof will sell within a selected time, possibly including such steps as: Responsive to location of each parcel with respect to other parcels that have recently sold, including receiving a 1 st kind of information, associated with sales in a neighborhood for each parcel being examined, including a set of attributes. Deriving additional attributes for each parcel based on its attributes and others near it. Determining independently for each neighborhood which of those attributes are more important for estimating relative likelihood of sale. Determining a degree of similarity between each unsold parcel and each recently-sold parcel, in response to those sets of attributes, weighted in response to relative importance. Providing a 2 nd kind of information, ordering parcels by a relative likelihood of sale within a selected time.

1 . A computer-implemented method, comprising:
 receiving, by at least one computer, data associated with a set of a plurality of parcels;   selecting, by said at least one computer, at least one selected parcel of said plurality of parcels,
 said at least one selected parcel being more likely to be associated with a financial transaction event, 
 within a time period 
 than at least one of said plurality of parcels not one of said at least one selected parcel; and 
   providing, by said at least one computer, said at least one selected parcel of said plurality of parcels.   
     
     
         2 . The computer-implemented method according to  claim 1 ,
 wherein said selecting comprises:
 ranking said plurality of parcels based on at least one of:
 likelihood of
 sale, 
 being offered for sale, 
 being insured, 
 being financed, 
 being renovated, or 
 being in need of security, 
 
 within the time period, and 
 
 selecting said at least one selected parcel based on said ranking. 
   
     
     
         3 . The method according to  claim 2 , wherein said ranking comprises using at least one characteristic of at least one of:
 a parcel,   an owner of the parcel,   at least one person associated with the parcel, or   a household associated with the parcel.   
     
     
         4 . The method according to  claim 2 , wherein said ranking comprises at least one of:
 ranking to identify likelihood of occurrence of the financial transaction event; or   scoring the parcel based on likelihood of occurrence of the financial transaction event associated with at least one of:
 the parcel, 
 the owner of the parcel, or 
 the household of the parcel. 
   
     
     
         5 . The method according to  claim 1 , wherein said financial transaction event comprises at least one of:
 being sold;   being offered for sale;   being insured;   being financed;   being refinanced;   being renovated; or   being in need of security.   
     
     
         6 . The method according to  claim 1 , wherein said providing comprises:
 providing, by said at least one computer, said at least one selected parcel based on at least one of:
 a ranking; 
 a client list; 
 a set of clients; 
 a set of people who visited a website; 
 a set of people in at least one micromarket; 
 a set of people with a particular demographic; or 
 a set of parcels meeting a particular criterion associated with at least one of:
 the parcel; 
 an owner of the parcel; 
 a household associated with the parcel; 
 a person associated with the parcel; 
 financing associated with the parcel; 
 personal property associated with the parcel; 
 real property associated with the parcel; or 
 an improvement associated with the parcel. 
 
   
     
     
         7 . The method according to  claim 1 , wherein said providing comprises:
 providing at least one of
 an offering, or 
 a targeted marketing offering, based on said selection. 
   
     
     
         8 . The method according to  claim 7 , wherein said providing the offering comprises at least one of:
 selecting marketing material of the offering;   providing marketing material of the offering;   providing internet based communication of the offering;   providing web-based communication of the offering;   providing mailing of the offering;   providing a telephonic communication of the offering;   providing a transmission of the offering;   providing a communication of the offering;   providing a communication email of the offering;   providing an alert of the offering;   providing a notification of the offering;   providing a communication via social networking of the offering;   integrating the offering with a mailing application;   providing advertising with the offering; or   providing promotion with the offering.   
     
     
         9 . The method according to  claim 7 , wherein said providing the offering comprises at least one of:
 providing an insurance offering;   providing a property and casualty insurance offering;   providing a property insurance offering;   providing a personal property insurance offering;   providing a fire insurance offering;   providing a life insurance offering;   providing a health insurance offering;   providing an automobile insurance offering;   providing a boat insurance offering;   providing a flood insurance offering; or   providing another insurance offering.   
     
     
         10 . The method according to  claim 7 , wherein said providing the offering comprises at least one of:
 providing a financing offering;   providing a mortgage offering;   providing a refinancing offering;   providing a consumer credit offering;   providing a home equity loan offering;   providing a loan offering;   providing a credit card offering;   providing a second mortgage offering;   providing a line of credit offering; or   providing another financing offering.   
     
     
         11 . The method according to  claim 2 , wherein said ranking further comprises at least one of:
 ranking based on property valuation; or   ranking based on at least one other criterion.   
     
     
         12 . The method according to  claim 7 , wherein said providing the offering comprises at least one of:
 providing a product or service offering;   providing a consumer product offering;   providing a consumer service offering;   providing a commercial product offering;   providing a commercial service offering;   providing an appliance offering;   providing an electronic device offering;   providing a personal property offering;   providing a furniture offering;   providing an improvement offering;   providing a direct marketing offering;   providing a small appliance offering;   providing a mobile device offering;   providing a household device offering; or   providing a product or service offering.   
     
     
         13 . The method according to  claim 7 , wherein said providing the offering comprises at least one of:
 providing a household consumption offering;   providing a grocery offering;   providing a consumable offering;   providing a toiletry offering; or   providing another household consumption offering.   
     
     
         14 . The method according to  claim 7 , wherein said providing the offering comprises at least one of:
 providing a travel offering;   providing a leisure travel offering;   providing a business travel offering; or   providing another travel offering.   
     
     
         15 . The method according to  claim 7 , wherein said providing the offering comprises at least one of:
 providing a loan origination offering;   providing a loan offering;   providing a credit offering;   providing a banking service offering; or   providing another loan origination offering.   
     
     
         16 . The method according to  claim 7 , wherein said providing the offering comprises at least one of:
 providing a home improvement offering;   providing a renovation offering;   providing remodeling offering;   providing an addition construction offering;   providing a buy/replace offering; or   providing another home improvement offering.   
     
     
         17 . The method according to  claim 7 , wherein said providing the offering comprises:
 providing a home security offering.   
     
     
         18 . The method according to  claim 7 , wherein said providing the offering comprises at least one of:
 providing a communications offering;   providing an internet service provider (ISP) offering;   providing a bandwidth offering;   providing a telephony offering; or   providing a mobile phone or mobile phone service offering;   providing a fiber optic communications offering;   providing a satellite communications offering;   providing a coaxial cable communications offering;   providing an entertainment offering;   providing a television offering;   providing a content offering; or   providing another communications offering.   
     
     
         19 . The method according to  claim 1 , wherein said parcel comprises a commercial property parcel, and said financial transaction event comprises at least one of: a sale, a lease, or a rental. 
     
     
         20 . The method according to  claim 1 , wherein said providing comprises:
 providing for at least one of:
 use by a government; 
 predicting tax revenues by a government; 
 performing feasibility studies by at least one of business or government; 
 determining whether to build or purchase a business; 
 estimating market demand for the financial transaction event; 
 forecasting; 
 planning; 
 estimating need for office locations; or 
 determining appropriate office size. 
   
     
     
         21 . The method according to  claim 1 , wherein said providing comprises:
 providing for use by the government of at least one of:
 using census tract data; 
 information by voting district comprising at least one of:
 information by likelihood of political affiliation; or 
 information by projected contribution level by home; 
 
 forecasting ramification of redistricting; 
 forecasting tax revenues; 
 determining tax assessment; 
 projecting revenue; or 
 determining school districting. 
   
     
     
         22 . The method according to  claim 1 , wherein said providing comprises:
 providing a likelihood for targeting based on tracking of location based data.   
     
     
         23 . The method according to  claim 1 , wherein said parcel comprises a multifamily residential offering comprising at least one of:
 a condominium;   a multi-unit dwelling; or   a townhouse.   
     
     
         24 . The method according to  claim 1 , wherein said providing comprises:
 providing for at least one of:
 identifying at least one potential buyer comprising at least one of:
 identifying those likely to buy a property; 
 identifying buyers who are like previous buyers; 
 projecting characteristics of potential buyers of property; or 
 projecting a location of potential buyers of real property for potential sale. 
 
   
     
     
         25 . The method according to  claim 1 , wherein said providing comprises:
 providing for at least one of:
 purchasing at least one good; or 
 purchasing at least one service. 
   
     
     
         26 . The method according to  claim 25 , wherein said providing comprises at least one of:
 providing for purchasing at least one appliance; or   providing for purchasing at least one major purchase comprising at least one of:
 a new home; 
 a timeshare; 
 a second home; 
 a vacation home; 
 a retirement home; 
 an automobile; 
 a boat; or 
 a vehicle. 
   
     
     
         27 . The method according to  claim 1 , wherein said providing comprises:
 providing for targeted communication.   
     
     
         28 . The method according to  claim 27 , wherein said targeted communication is provided to at least one of:
 at least one parcel owner; or   at least one potential buyer of a parcel.   
     
     
         29 . The method according to  claim 27 , wherein said targeted communication comprises at least one of:
 an electronic mail;   an online agent;   an instant message;   a page; or   a video message.   
     
     
         30 . A system comprising:
 at least one computer adapted to receive data associated with a set of a plurality of parcels;
 said at least one computer adapted to select at least one selected parcel of said plurality of parcels,
 wherein said at least one selected parcel being more likely to be associated with a financial transaction event, 
 within a time period 
 than at least one of said plurality of parcels not one of said at least one selected parcel; and 
 
 said at least one computer adapted to provide said at least one selected parcel of said plurality of parcels. 
   
     
     
         31 . A computer program product embodied on a computer accessible medium, which when executed on at least one computer performs a method comprising:
 receiving, by at least one computer, data associated with a set of a plurality of parcels;   selecting, by said at least one computer, at least one selected parcel of said plurality of parcels,
 said at least one selected parcel being more likely to be associated with a financial transaction event, 
 within a time period 
 than at least one of said plurality of parcels not one of said at least one selected parcel; and 
   providing, by said at least one computer, said at least one selected parcel of said plurality of parcels.