Company Filing History:
Years Active: 2016-2020
Title: Felix G Meale: Innovator in Automated Valuation Models
Introduction
Felix G Meale is a notable inventor based in North Bethesda, MD (US). He holds a total of 3 patents that showcase his expertise in developing innovative solutions in the field of automated valuation models.
Latest Patents
One of his latest patents is an automated valuation model with comparative value history information. This invention provides an analysis tool that graphically displays value history information associated with a subject property. The tool generates a graph that plots the valuation history of a subject property over an adjustable time range, in relation to a general price index for a pertinent geographical area. Additionally, it supports selective plotting of appraiser-selected comparable properties' valuation histories against that of the subject property. The valuation history for comparable properties can be scaled on a pro-rata basis according to the percentage of adjustments made within the appraisal. Furthermore, the graph selectively incorporates model-generated comparables and their valuation histories.
Another significant aspect of his work involves ranking and displaying appraiser-chosen comparables against model-chosen comparables. This process entails receiving appraisal information that includes a subject property and appraiser-chosen comparable properties. Property data corresponding to a geographical area is accessed to determine model-chosen comparable properties based on their appropriateness. A map image is displayed for the geographical area, indicating the subject property, at least one appraiser-chosen comparable property, and at least one model-chosen comparable property.
Career Highlights
Felix has worked with prominent companies, including Fannie Mae, where he contributed to the development of innovative valuation solutions. His work has significantly impacted the real estate appraisal industry.
Collaborations
Felix has collaborated with talented professionals such as Megan C Berry and Eric Rosenblatt, enhancing the quality and effectiveness of his projects.
Conclusion
Felix G Meale's contributions to automated valuation models demonstrate his commitment to innovation and excellence in the field. His patents reflect a deep understanding of property valuation and appraisal processes, making him a valuable asset in the industry.