ALEXANDRIA, Va., Sept. 8 -- United States Patent no. 12,731,197, issued on Sept. 8, was assigned to MFTB Holdco Inc. (Seattle).
"Time on market and likelihood of sale prediction" was invented by Stanley B. Humphries (Sammamish, Wash.), Dong Xiang (Sammamish, Wash.), Yeng Bun (Seattle), Krishna Rao (Seattle), Elisa Sheng (Seattle) and Chris Sipola (Seattle).
According to the abstract* released by the U.S. Patent & Trademark Office: "A facility for estimating the value of a distinguished home, estimating the length of time a home or other property will be on the market at a listing price, and predicting the likelihood of sale of a home at a listing price is described."
The patent was filed on Dec. 27, 2023, under Application No. 18/397,759...