Unbiased Real Property Information Aggregation System
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Solution Overview
Problem
Individuals seeking real property information face challenges in accessing unbiased data due to conflicts of interest from information sources and the inconvenience of gathering information from disparate locations, with existing solutions often requiring significant effort and limited accessibility.
Innovation Solution
A system and method that enables end-users to request and receive unbiased real property information based on their current location through a network, utilizing devices like mobile phones or computers to communicate with providers, which determine the user's location and aggregate information from various sources, including governmental and proprietary databases.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If real property information is provided by agents or businesses with conflicts of interest, then information may be useful from their perspective, but the information becomes biased and unreliable
Solution Approach 1:
The patent introduces an independent information aggregation system that acts as an intermediary between multiple real property information sources and the end user. This system collects data from various sources including government records, MLS, and other databases, then aggregates and presents the information without the conflicts of interest that individual agents or businesses would have. The intermediary nature of the system ensures unbiased information delivery.
2Reliability
If end-users search multiple different sources and data types to get unbiased real property information, then comprehensive information can be obtained, but the effort and time required increases significantly
Solution Approach 1:
The patent merges multiple information sources and data types into a single integrated system. It combines government records, MLS data, and other real property information sources into one unified platform that automatically aggregates and presents comprehensive information to end users. This eliminates the need for users to manually search multiple separate sources.
Solution Approach 2:
The system provides universal access to comprehensive real property information through a single platform that handles multiple functions: collecting data from various sources, processing the information, and presenting it to users. This multi-functional approach allows any end user to obtain complete information without needing to navigate multiple specialized systems.
3Reliability
If real property information is only available through private or public businesses like MLS or for-profit companies, then specialized information can be accessed, but accessibility is limited to those who can pay or have professional credentials
Solution Approach 1:
The patent segments the real property information ecosystem into multiple independent data sources (government records, MLS, other databases) that are then recombined into an accessible format. By breaking down the information from proprietary sources and republishing it through an independent aggregation system, the patent makes specialized information accessible to the general public without requiring payment or professional credentials.
Data Source
AI summary
Methods, systems and computer readable instructions to provide unbiased real property information to an end-user based on the location of the end-user when the end-user initiates a request for the real property information. The real property information is unbiased because the provider of the real property information searches for information that may adversely affect a potential transaction and provides the information found in the search regardless of the potential effect on a transaction.