1072results about "Product appraisal" patented technology

Non-Subjective Valuing ©& is a computer-assisted valuing system for discovering both an entity's actual current societal monetary value and its contemporary monetary worth specifically to the inquiring individual person, group or corporation, providing a user with such target entity's retail and wholesale prices along with its true worth and specific value to the explorer, employing as yardstick the NORM, which is the hypothetical unit in any group that is accurately calculated to be both precisely average in every one of its collectively discoverable characteristics and its price, to which NORM yardstick the present invention compares any test unit in that group on a natural, quantified point basis to obtain such precise current monetary worth of any such test unit, employing a specially conceived, designed and explained organic application of inductive statistics, accurate sampling, central tendency, and statistical inference, for calculating; drawing scientifically valid conclusions about surveying a constantly and factually representative community (such as the United States, 1999, for example), combined with certain new discoveries and unique, novel processes, as set forth herein, enabling Non-Subjective Valuing ©& instantly and conclusively to empower a prospective trader objectively to compare the contemporary monetary values of any and all competing units in or out of any probed group, regardless of such competing units' respective current prices.

The present invention provides a method and system for valuing patent assets based on statistical survival analysis. An estimated value probability distribution curve is calculated for an identified group of patent assets using statistical analysis of PTO maintenance fee records. Expected valuations for individual patent assets are calculated based on a the value distribution curve and a comparative ranking or rating of individual patent assets relative to other patents in the group of identified patents. Patents having the highest percentile rankings would be correlated to the high end of the value distribution curve. Conversely, patents having the lowest percentile rankings would be correlated to the low end of the value distribution curve. Advantageously, such approach brings an added level of discipline to the overall valuation process in that the sum of individual patent valuations for a given patent population cannot exceed the total aggregate estimated value of all such patents. In this manner, fair and informative valuations can be provided based on the relative quality of the patent asset in question without need for comparative market data of other patents or patent portfolios, and without need for a demonstrated (or hypothetical) income streams for the patent in question. Estimated valuations are based simply on the allocation of a corresponding portion of the overall patent value “pie” as represented by each patents' relative ranking or position along a value distribution curve.

An apparatus and method for underwriting and / or rating an insurance policy, and for generating information for underwriting and / or rating an insurance policy, are provided. The system and method may include identifying a vehicle, determining a value of at least one vehicle history data variable or a group of variables, and underwriting and / or rating the policy based on the value of the at least one vehicle history data variable or a group of variables. The system and method may also include generating a score based on the value of the at least one vehicle history data variable or group of variables.

A system and method determines a vehicle valuation by obtaining actual vehicle sales price data pertaining to automobile dealer or private individual sales from a local, state or federal government agency, such as a Department of Motor Vehicles (DMV), a Department of Revenue (DOR), an Internal Revenue Service (IRS), etc. and uses this actual sales price data to determine a market value for a particular automobile. The system and method may include determining, from sources other than the government agency, information about a particular comparable vehicle, such as the mileage, the options, the equipment, and the condition of a particular comparable vehicle prior to a sale of the vehicle and then attaching an actual sales price for the particular comparable vehicle as obtained from the government agency after the sale of the particular vehicle to thereby create a comparable vehicle within a database. If desired, the actual sales price data, as obtained from a government agency, may be used in conjunction with or instead of other vehicle pricing data obtained from other sources, such as the list price, an advertised price or a take price to determine a valuation for a particular vehicle.

A recycling kiosk for recycling and financial remuneration for submission of a mobile telephone is disclosed herein. The recycling kiosk includes an inspection area with a plurality of white walls in order to perform a visual analysis of the mobile telephone for determination of a value of the mobile telephone. The visual analysis inspects the LCD screen of the mobile phone to determine if the LCD screen is damaged. The recycling kiosk also includes a processor, a display and a user interface.

A recycling kiosk for recycling and financial remuneration for submission of a mobile telephone is disclosed herein. The recycling kiosk includes an inspection area with at least one camera and a plurality of electrical connectors in order to perform a visual analysis and an electrical analysis of the mobile telephone for determination of a value of the mobile telephone. The recycling kiosk also includes a processor, a display and a user interface.

The system enables one to securely recycle an electronic device in a publicly accessible location. In particular, the embodiment described may be used by a mobile phone owner to submit his / her mobile phone for recycling via an electronic kiosk and receive compensation in some form. The compensation might be dispersed via cash, voucher, credit or debit card, or other magnetic or electronic transaction methods.

Automated processing of damage data related to a damaged vehicle is described. Damaged vehicle data including vehicle location data is received at a vehicle repair processor (VRP) from a user mobile device (UMD), either at the time of an accident or when a vehicle is disabled. The vehicle data may be augmented by data directly from the damaged vehicle by telematics processing. A repair decision is generated by the VRP based on the damage data which reflects whether or not to treat the damaged vehicle as likely to be commercially repairable. From the repair decision, a vehicle destination is determined by the VRP for delivery of the damaged vehicle, and the vehicle destination is communicated to the UMD.

A recycling kiosk for recycling and financial remuneration for submission of a mobile telephone is disclosed herein. The recycling kiosk includes an inspection area with at least one camera and a plurality of electrical connectors in order to perform a visual analysis and an electrical analysis of the mobile telephone for determination of a value of the mobile telephone. The recycling kiosk also includes a processor, a display and a user interface.

The invention is directed to a system for generating a lead by determining an estimated for a vehicle. The system may receive vehicle identifying information; receive seller identifying information; receive information for a sample of vehicles of the same make and model as the vehicle; determine a value for vehicle using the vehicle identifying information and the historical information, wholesale sales through auctions and at dealerships; (and also vehicle condition information if provided), and determine an estimated value, estimated value range, or offer price for the vehicle using predetermined buyer criteria and the determined value. This offer may then be transmitted to the seller in the form of a price certificate, appraisal report, etc., and the seller identifying information may be transmittal to the buyer as a sales lead.

A preferred embodiment of the invention includes a method and system to provide a competitive pricing tool so that automobile dealers can more efficiently and effectively price their used vehicles. The system achieves the optimal sales price by obtaining the relevant pricing and mileage of vehicles for sale that are similarly situated to the focus vehicle. Once the information is obtained, the system creates a value ranking for each of the vehicles for sale and for the focus vehicle. The user is then able to revise the focus vehicle pricing to determine the optimal sales price.

A vehicle valuation system supplies accurate wholesale, retail, purchase, and reconditioning values of used automobiles based upon actual transaction data for selected geographical areas. The system validates transaction data to ensure data integrity. A transaction database is populated with validated transaction data received, either automatically from an application such as a dealer management system or upon dealer submission, via online communication. Valuation requests may be submitted from client computers, which may include remote computing devices such as personal computers, laptop computers and handheld computers based upon manual and / or scanned entries. In response to valuation requests, the system searches the transaction database for a matching record and returns the resulting wholesale, retail, purchase, and reconditioning values to a user either via a web application or mobile PDA application.

A method and system for removing and transferring data from a recycled electronic device such as a mobile phone is disclosed herein. The system includes a kiosk, a network and a server with a database. Further, the system includes a client device and a new electronic device to receive the transfer data from the recycled electronic device.

A recycling kiosk for recycling and financial remuneration for submission of an electronic device is disclosed herein. The recycling kiosk includes an inspection area with preferably two mirrored, domed hemispheres positioned about a transparent table and cameras for imaging an electronic device placed on the table. The recycling kiosk also includes a processor, a display and a user interface.

The present invention relates to a system and method for facilitating the real-time pricing, sale, and appraisal of used vehicles. In an embodiment of the present invention, there is provided a computer-based system and method of collecting data supplied from buyers in constructing appraisal profiles, and for calculating, in real-time, a guaranteed price for a used vehicle having specific attributes as described by a seller based on the appraisal profiles. According to one aspect of the present invention, there is provided a method of facilitating the real-time pricing, sale, and appraisal of a used vehicle comprising the steps of receiving input data and generating at least one associated appraisal profile for each of a first plurality of buyers, where the input data associated with an appraisal profile comprises check writing prices for a plurality of used vehicle models, where each check writing price represents a price offered by the respective buyer to purchase a used vehicle of a used vehicle model to which a plurality of base conditions apply; receiving a request from a seller for a guaranteed price for a specific seller-identified used vehicle, where the used vehicle model and actual condition of the seller-identified used vehicle are described in the request; generating at least one guaranteed price for the seller-identified used vehicle from the at least one appraisal profile; and outputting the guaranteed prices to the seller.

A method and system for reselling electronic devices in compliance with second hand dealer laws is disclosed herein. The system includes a kiosk, a network and a server with a database. The kiosk preferably includes an external camera, a fingerprint reader and an identification (card) reader.

A recycling kiosk for recycling and financial remuneration for submission of an electronic device is disclosed herein. The recycling kiosk includes an inspection area with preferably two mirrored, domed hemispheres positioned about a transparent table and cameras for imaging an electronic device placed on the table. Inspection of an About page or a barcode within a battery compartment of the electronic device is performed to determine a value for the electronic device. Alternatively, a robotic finger is utilized to inspect the electronic device. The recycling kiosk also includes a processor, a display and a user interface.

A method and apparatus for valuing every property in a predetermined geographic region at regular intervals and storing those valuations for ready access later in a layered data stratum, using customary sources of property valuation data to create a new layers of the data stratum and using the data stored in the one or more layers of the data stratum for the creation of tables, spreadsheets and maps for evaluations of changes and trends in property valuation.

An apparatus and method for underwriting and / or rating an insurance policy, and for generating information for underwriting and / or rating an insurance policy, are provided. The system and method may include identifying a vehicle, determining a value of at least one vehicle history data variable or a group of variables, and underwriting and / or rating the policy based on the value of the at least one vehicle history data variable or a group of variables. The system and method may also include generating a score based on the value of the at least one vehicle history data variable or group of variables.

A recycling kiosk for recycling and financial remuneration for submission of an electronic device such as a mobile phone is disclosed herein. The recycling kiosk includes electrical connectors and an inspection area with an upper chamber, a lower chamber, a transparent plate and at least one camera in order to perform a visual analysis and an electrical analysis of the electronic device for determination of a value of the electronic device. The recycling kiosk also includes a processor and a display for user interaction.

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

A mini-kiosk for recycling and financial remuneration for submission of an electronic device such as a mobile phone is disclosed herein. The mini-kiosk is designed to be placed on a counter-top. The mini-kiosk includes electrical connectors and an inspection area with at least one camera in order to perform a visual analysis and an electrical analysis of the electronic device for determination of a value of the electronic device. The mini-kiosk also includes a processor and a display for user interaction.

A system and methodology for providing timely information regarding an automobile or other vehicle from one or more sources linked by a global computer network such as the Internet to a device such as a hand-held portable wireless device (cellular or LAN), whereby the vehicle information may be displayed to a user and utilized by the user for making a purchase decision regarding that automobile or class of automobiles in a real time fashion.

One embodiment of the system and method described herein provides a score generator system that generates an automated vehicle specific valuation of a used car based on the physical and historical attributes of that vehicle. This score may indicate the likelihood that the vehicle will be on the road in a specific period of time. The score may give an absolute percentage of such likelihood or it may give a value relative to all other used vehicles in a database, all other used vehicles of the same make / model / year, or a certain subset of the vehicles in a database. In one embodiment, the score generator system includes a data link module for linking vehicle data and filter module for applying a multi-level filters that process the linked vehicle data.

In accordance with the invention, there is a decision support method comprising collecting data about a set of components of an asset, wherein the data comprises information about the status of each component in the set of components. The method also comprises comparing the data to a set of requirements for a use of the asset and estimating a remaining life for each of the components in the set of components based on the status of each of the components and the set of requirements for an intended use of the asset.