TECHNICAL FIELD

The present disclosure generally relates to a system and method for collecting and managing property information, and specifically to a system and method that use augmented reality and artificial intelligence to facilitate data collection.

BACKGROUND

When shopping for a new home, or selling a home, buyers and sellers often rely on information provided by a proprietary third party service, such as the Multiple Listing Service (MLS). The MLS is a platform, including both a database of real estate property listings and software for accessing the listings. However, MLS systems often restrict access to real estate brokers and agents, making it difficult for buyers and sellers to obtain listing information directly. Moreover, because the MLS systems are geared towards real estate brokers and agents, they often contain information that is more appropriate to marketing a property vs. information that is useful for learning about the property and/or estimating its value. This situation limits the free exchange of information, which can result in market inefficiencies as buyers and sellers must go through intermediates (brokers and agents) to learn new information that could affect prices.

There is a need in the art for a system and method that addresses the shortcomings discussed above.

SUMMARY

In one aspect, a method of guiding a user in assessing a property includes the steps of receiving image information from a remote device, the image information corresponding to at least one image of the property and analyzing the image information and detecting a property structure. The method also includes steps of sending instructions to the remote device, the instructions including a request for the user to inspect the property structure and receiving inspection information from the remote device, the inspection information corresponding to the detected property structure. The method also includes the steps of using the image information and the inspection information to determine an estimated property value for the property and sending the estimated property value to the remote device to be displayed for the user.

In another aspect, a method of guiding a user in assessing a property using a remote device includes the steps of capturing images of the property, sending image information to a server, the image information including at least one image of the property and receiving instructions from the server, the instructions including a request for the user to inspect a property structure. The method also includes steps of prompting the user to inspect the property structure, capturing inspection information corresponding to the property structure, sending the inspection information to the server, receiving an estimated property value from the server; and displaying the estimated property value for the user.

In another aspect, a method of creating a property entry in a catalogue of properties includes the steps of receiving property identification information for a property, guiding a user from a first location in the property to a second location in the property, capturing images of the physical property at the second location, analyzing the captured images and detecting a first property structure at the second location, guiding a user from the second location in the property to a third location in the property and capturing images of the property at the third location. The method also includes steps of analyzing the captured images and detecting a second property structure at the third location and generating new information for the property entry based on the first property structure and the second property structure.

Other systems, methods, features, and advantages of the disclosure will be, or will become, apparent to one of ordinary skill in the art upon examination of the following figures and detailed description. It is intended that all such additional systems, methods, features, and advantages be included within this description and this summary, be within the scope of the disclosure, and be protected by the following claims.

