US 11,694,286 B2
Generating rental rates in a real estate management system
Christian Josef Pangerl, London (GB); Michael Kwun Ho Chan, London (GB); Vidur Gopesh Gupta, London (GB); and Mitchell Gooding, Berlin (DE)
Assigned to THE BEEKIN COMPANY LIMITED
Filed by THE BEEKIN COMPANY LIMITED, London (GB)
Filed on Dec. 18, 2019, as Appl. No. 16/719,166.
Claims priority of provisional application 62/786,249, filed on Dec. 28, 2018.
Prior Publication US 2020/0211131 A1, Jul. 2, 2020
Int. Cl. G06Q 50/16 (2012.01); G06Q 30/0645 (2023.01)
CPC G06Q 50/16 (2013.01) [G06Q 30/0645 (2013.01)] 18 Claims
OG exemplary drawing
 
1. A system for estimating rental rates for one or more property units, comprising:
one or more processing elements; and
one or more computer-readable non-transitory storage media, the media encoded with instructions that when executed cause the one or more processing elements to perform operations comprising:
generating a rental property listing user interface configured to display rental price for one or more available rental units each having a respective asset class, wherein the rental property listing user interface includes a rental price display area configured to display data related to the one or more available rental units and an asset class input area configured to receive a user input selecting the respective asset class;
receiving information about the one or more available rental units, including the respective asset class via the asset class input area based on the user input, and including one or more amenities of the one or more available rental units via an amenity input area;
estimating, using a constrained optimization model, a maximized rental price for the one or more available rental units, wherein:
the constrained optimization model is configured to maximize a price of the one or more available rental units,
the market has a demand for a number of rental units in each respective asset class at the maximized rental price,
the market has a market capacity of vacant rental units in the asset class,
the maximization of the price is based on the market demand being less than or equal to the market capacity; and
the maximization of the price is based on the one or more amenities;
displaying the maximized rental price to the rental price display area;
generating one or more confidence levels corresponding to the one or more amenities of the one or more rental units;
displaying the one or more confidence levels to a confidence level display area of an amenity price sheet configured to facilitate comparison of respective values of the one or more amenities;
receiving, via the amenity input area, new information about the one or more available rental units, the new information comprising one or more new amenities of the one or more available rental units;
estimating, using the constrained optimization model, a new maximized rental price for the one or more available rental units;
displaying the new maximized rental price to the rental price display area;
generating one or more new confidence levels based on the new information, the new maximized rental price, or a combination thereof;
displaying the one or more new confidence levels to the confidence level display area of the amenity price sheet;
generating and displaying an additional user interface comprising a first graph of occupancy of the property during a time period and a second graph of enquiries for the property during the time period, wherein the additional user interface includes a user-selectable slider to adjust the time period;
receiving a selection from a user of the user-selectable slider, the selection indicating a different time period; and
updating the first graph and the second graph to reflect the different time period in response to the selection of the user-selectable slider.