The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Nov. 02, 2021
Filed:
Dec. 11, 2018
Opendoor Labs Inc., San Francisco, CA (US);
David Makanalani Lundgren, San Francisco, CA (US);
Dale Yut Jung Everett, San Francisco, CA (US);
Carolina Marquez, San Francisco, CA (US);
David Anthony Sinsky, Oakland, CA (US);
Leonid Boris Pekelis, San Francisco, CA (US);
Jae Hyun Kim, San Francisco, CA (US);
Nelson Chan Ray, San Francisco, CA (US);
Opendoor Labs Inc., San Francisco, CA (US);
Abstract
Systems and methods are disclosed for automatically projecting a number of days to pending for a real-estate property by receiving, by a server, real-estate property listing information of real-estate property activities associated with a plurality of real-estate properties and determining, for each of the plurality of real-estate properties, a days to pending amount indicating time between when a respective one of the plurality of real-estate properties was listed and when the respective real-estate property was sold. The systems and methods further train a machine learning technique to establish a relationship between the different types of real-estate property activities and the determined days to pending amounts. The trained machine learning technique is applied to new real-estate property activities associated with a new real-estate property to predict a length of time between a first time the new real-estate property was listed and a second time when the new real-estate property will be sold.