SYSTEM AND METHOD FOR GENERATING A PROBABILITY SCORE INDICATIVE OF A PROBABILITY THAT AN OWNER WILL SELL A REAL ESTATE PROPERTY
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United States of America Patent
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Issued Date -
Jul 2, 2020
app pub date -
Dec 30, 2019
filing date -
Dec 31, 2018
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Abstract
A system and method for computerized method for generating a probability score indicative of a probability that an owner will sell a real estate property, comprising: collecting from data sources a set of data associated with a plurality of owners and a plurality of commercial real estate properties (CREs) related thereto, based on a data item indicating a type of a desirable CRE; analyzing the collected set of data using a machine learning technique executed by a computer; determining, based on the analysis, a desirable CRE, and an owner associated with the desirable CRE; determining a probability that the owner will sell the desirable CRE with a certainty level above a predetermined threshold within a predefined time period; and generating, based on the analysis, a probability score that is indicative of the probability that the owner is likely to sell the desirable CRE within the predefined time period.
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