Patents Assigned to Terradatum, Inc.
  • Publication number: 20070073577
    Abstract: Data extracted from the Multiple Listing Service (MLS) or similar database are mined to analyze and display real estate market growth. A plurality of selection criteria that define a real estate market is accepted and two time period definitions are also accepted. Data associated with properties in the defined real estate market sold during the two time periods and retrieved from the MLS are aggregated. The data are analyzed to determine the growth in the defined real estate market between the two time periods and indications of the growth are graphically displayed. The displays may be as percent change or change in value of a metric, and may comprise single and double bar graphs, respectively, each bar or pair of bars graphing the metric for a geographic area or for a real estate office. The metrics may include dollar volume, number of units, median price, average commission, and average days on market.
    Type: Application
    Filed: November 3, 2006
    Publication date: March 29, 2007
    Applicant: Terradatum, Inc.
    Inventors: Peter Krause, Timothy Frazer, William Biggs, Joshua Rymer, Mark Spraetz