Patents by Inventor Andy KRAUSE

Andy KRAUSE has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Automated-valuation-model training-data optimization systems and methods
    Patent number: 9582819
    Abstract: To optimize training data used by a predictive real-estate valuation model, a search space having multiple dimensions may be defined. Each search dimension corresponds to a range of candidate values for a search criterion for selecting subsets of sales-transaction records. The multiple dimensions include a temporal dimension and a geographic dimension. An accuracy-optimized subset of a multiplicity of sales-transaction records is identified by evaluating points that vary along each dimension within the multi-dimension search space. A statistical measure of model accuracy is used to evaluate each candidate point. The accuracy-optimized subset of the multiplicity of sales-transaction records is provided to a predictive model to generate an automated value prediction for a subject real-estate property as of an effective date.
    Type: Grant
    Filed: September 26, 2013
    Date of Patent: February 28, 2017
    Assignee: GREENFIELD ADVISORS, LLC
    Inventors: Andy Krause, Clifford A. Lipscomb, John A. Kilpatrick
  • AUTOMATED-VALUATION-MODEL TRAINING-DATA OPTIMIZATION SYSTEMS AND METHODS
    Publication number: 20150088766
    Abstract: To optimize training data used by a predictive real-estate valuation model, a search space having multiple dimensions may be defined. Each search dimension corresponds to a range of candidate values for a search criterion for selecting subsets of sales-transaction records. The multiple dimensions include a temporal dimension and a geographic dimension. An accuracy-optimized subset of a multiplicity of sales-transaction records is identified by evaluating points that vary along each dimension within the multi-dimension search space. A statistical measure of model accuracy is used to evaluate each candidate point. The accuracy-optimized subset of the multiplicity of sales-transaction records is provided to a predictive model to generate an automated value prediction for a subject real-estate property as of an effective date.
    Type: Application
    Filed: September 26, 2013
    Publication date: March 26, 2015
    Applicant: GREENFIELD ADVISORS, LLC
    Inventors: Andy KRAUSE, Clifford A. LIPSCOMB, John A. KILPATRICK