TWI881890B - System for real estate transactions - Google Patents

Abstract

A system for real estate transactions facilitates integrated real estate transactions by enabling sellers to list properties with specified prices and bargaining parameters and allowing buyers to make offers on these properties. The system supports direct online negotiations, where buyers and sellers can bid and counterbid in real-time. A matching module matches buyers and sellers with real estate agents based on properties and user preferences, optimized using agent performance ratings, geographic location, and user preferences. The system includes a user interface module providing a graphical interface for user interactions with the transaction and matching modules. A data analysis module accesses and analyzes real estate transaction price data from governmental sources to generate price trend analyses, aiding in accurate pricing.

Description

Real estate trading system

The present invention relates to the field of real estate transactions, and more specifically, to a system for facilitating direct online bidding and counter-offering between buyers and sellers in a complete digital environment, and providing additional supporting services.

Traditionally, real estate transactions have been cumbersome, time-consuming and inefficient due to reliance on manual processes, extensive paperwork and the need for in-person attendance. These transactions often require the involvement of multiple parties, including buyers, sellers, real estate agents, banks, legal advisors, etc. Each additional party adds complexity and potential delays.

The traditional real estate brokerage system involves face-to-face meetings, property showings, and paper-based document processing. Buyers and sellers usually need to go through an intermediary, such as a real estate agent, to list properties, arrange showings, and negotiate prices. This process is not only slow, but also has transparency and fairness issues. Brokers usually have specific information, and clients rely on their expertise and integrity to obtain a fair market price. However, because there are conflicts of interest and information asymmetry, this may lead to prices being inflated or delays in transaction completion.

With the advancement of digital technology and the Internet, there are already many online real estate websites that can list real estate for sale, but these online real estate websites are usually passive, only serving as bulletin boards for property listings, and do not provide active negotiation or transaction completion tools. For example, platforms such as Zillow, Realtor.com, or 591 Home Trading Network provide a wide range of real estate listings and some tools for estimating the value of properties, but lack an integrated mechanism for direct negotiation and transaction processing between buyers and sellers. Users can view these real estate listings and obtain basic market estimates, but still need to go through the traditional negotiation and transaction completion process.

In summary, online real estate websites currently on the market are still insufficient in many aspects, and the relevant shortcomings are as follows: Lack of direct negotiation tools: Online real estate websites do not support real-time bidding or direct negotiation between buyers and sellers. This gap means that the potential for dynamic pricing and real-time interaction between buyers and sellers is lost.

Service fragmentation: Users may find an item online but still need to use separate tools or services for legal advice, price negotiation, inspection scheduling, etc.

Limited data utilization: Although a large amount of data is available, such as historical transaction prices and object comparisons, few systems can effectively integrate this data to guide users in real-time decision making.

Insufficient transparency and user control: Users are often unable to see the full transaction process or influence it in a meaningful way. Reliance on intermediaries or middlemen still exists, making the process opaque and sometimes unpredictable.

In view of the above limitations, there is a clear need for an improved real estate transaction system that has improved the above shortcomings.

The present invention relates to an innovative real estate transaction system, which aims to fundamentally improve the way buyers and sellers interact in the real estate transaction process. The real estate transaction system introduces a direct and interactive platform, where key transaction activities such as bidding, counter-offering and transaction completion can be carried out online without relying on traditional multiple intermediaries. The core of the present invention is a user-centric system that uses technology to simplify the entire real estate transaction process, making it more efficient, transparent and easy to use.

The present invention provides a comprehensive solution that enables sellers to list objects with all necessary details, including photos, descriptions, and specific pricing parameters. Sellers can set an initial price and set an acceptable bargaining range, enabling them to control the negotiation process. Buyers, on the other hand, can view these listings through an intuitive user interface that not only displays object details but also provides real-time market trends and data analysis to help them make informed decisions. The system promotes direct negotiations by allowing buyers to submit bids and participate in real-time counter-offers, thereby enhancing the dynamic nature of the purchasing process.

A key feature of the real estate transaction system is its ability to conduct these negotiations directly online, which is a significant departure from traditional mediation methods that usually require face-to-face interaction and real estate intermediaries. By facilitating direct interaction between buyers and sellers, the system ensures that both parties are able to respond quickly to changing market conditions and adjust their strategies accordingly. This direct negotiation capability is provided by an instant messaging module that enables both parties to stay up to date with the latest offers and counter-offers, thereby maintaining a high level of transparency and engagement throughout the negotiation process.

In addition to the core transaction capabilities, the real estate transaction system also includes several modules that further enhance the user experience and transaction efficiency. The data analysis module accesses external databases, including the government's real price registration system, to provide users with the latest market analysis and price trend information. The data analysis module helps users set reasonable prices and bids based on comprehensive market data. In addition, the legal consultation module connects users to legal experts and resources to resolve any legal issues or concerns that arise during the transaction process, from initial listing to final sale. This ensures that users have all the information and support they need to complete the transaction and comply with relevant regulations.

The real estate transaction system also has modules for arranging property inspections and other additional services such as decoration, moving and cleaning, which are important in preparing a property for sale or occupancy. These modules are tightly integrated with the main transaction platform, allowing users to manage almost all aspects of real estate transactions from a central perspective. By providing these integrated services, the real estate transaction system not only simplifies the transaction process, but also increases value for users and eliminates the need to coordinate multiple service providers.

Overall, the invention represents a major step forward in the evolution of real estate transactions. It provides a platform that not only supports direct and efficient negotiations, but also includes a solution for holistic management of the entire transaction lifecycle. By reducing the need for intermediaries and increasing user control over the process, the real estate transaction system significantly reduces transaction costs and improves the overall experience for both buyers and sellers. This approach is in line with modern technology trends and user expectations, setting a new standard for real estate transactions in the digital age.

In order to make the above features and advantages of the present invention more clearly understood, the following is a detailed description of the preferred embodiment with the accompanying drawings.

100, 200, 300: Real estate trading system

10: Seller

20: Buyer

30: External database

50: Brokerage database

110: Trading module

112: Bidding module

113: Pricing Assistant

114: Transaction completion module

116: Instant messaging module

120: Data analysis module

130: User interface module

132: User Interface

140:Legal consultation module

150: Property security module

160: Additional service module

170: Educational Module

180: Pairing module

190: Brokerage rating module

310: Banking service module

FIG1 is a block diagram showing one embodiment of the real estate transaction system of the present invention.

FIG2 shows a block diagram of one embodiment of a transaction module.

FIG3 is a block diagram of another embodiment of the real estate transaction system of the present invention.

Figure 4A and Figure 4B show the operation process of the real estate transaction system for sellers and buyers respectively.

FIG5 is a block diagram of another embodiment of the real estate transaction system of the present invention.

Figure 6 shows the operation process related to the banking service module.

Please refer to Figure 1, which is a block diagram of one embodiment of the real estate transaction system of the present invention. The purpose of the real estate transaction system 100 of this embodiment is to simplify and enhance the process of real estate transactions. This real estate transaction system 100 includes multiple modules, each module is intended to solve a specific aspect of the real estate transaction process. In this embodiment, these modules are software, suitable for storage in a memory (e.g., SSD) and executed by a processing unit (e.g., CPU). The real estate transaction system 100 includes a transaction module 110, which is for sellers 10 to list objects including detailed descriptions, images and pricing information. This transaction module 110 allows sellers 10 to set an initial bid and the range of their willingness to bargain. In addition, the buyer 20 can also use the transaction module 110 to search for objects, view detailed listings, and submit bids based on the evaluation of the objects and market conditions. In addition, the transaction module 110 supports dynamic online negotiations, allowing buyers and sellers to make and respond to bids in real time. This direct negotiation process is supported by an instant messaging module 116 (as shown in Figure 2), which ensures that both parties are always aware of the latest status of bids and counter-offers, thereby maintaining transparency and momentum in the negotiation process.

In addition to the transaction module 110, the real estate transaction system 100 also includes a data analysis module 120, which plays an important role in informing users of current market trends and object values. This data analysis module 120 can connect to and access some external databases 30, including the government's real price registration system, to extract and analyze historical and current market data. The insights generated by the data analysis module 120 can help users (including buyers 20 and sellers 10) set current and competitive prices and make smart bids based on the latest market trends.

In this embodiment, the user interface module 130 is another key module of the real estate transaction system 100, providing a user interface 132 that allows users to interact with the various modules of the real estate transaction system 100. The user interface 132 allows users to easily navigate through the different stages of the transaction process, from listing and searching for objects to negotiating and completing transactions. The user interface 132 displays objects in a clear format and can provide convenient additional functions such as legal consultation, property inspections, and other services by connecting to other modules. In addition, a person with ordinary knowledge in the art should understand that the buyer 20 and the seller 10 are connected to the user interface module 130 through their electronic devices (e.g., smart phones, laptops, and desktop computers), and the user interface 132 is displayed on the screen of the electronic device.

In detail, to support users in ensuring that their transactions comply with legal requirements and to help them understand the legal implications of real estate transactions, the real estate transaction system 100 includes a legal consultation module 140. The legal consultation module 140 provides a network connection to legal professionals who can provide legal resources so that users can obtain guidance and advice on legal matters related to transactions.

In this embodiment, the real estate transaction system 100 also includes a property security module 150, which provides a network connection with companies responsible for property security. Through the property security module 150, users can arrange inspections of the structural integrity, environmental hazards, and other key assessments of the property, and then download detailed reports from the property security module 150, which can be shared between buyers and sellers to ensure transparency and trust in the condition of the property. In addition, the real estate transaction system 100 also includes an additional service module 160, which allows users to select a range of additional services, such as decoration, moving, cleaning, and appliance assistance, which are very important for preparing a property for sale or occupancy. In addition, the real estate transaction system 100 also includes an education module 170 that provides users with a large amount of information about real estate transactions, property management, and market trends.

The above is a broad introduction to the real estate transaction system 100 of this embodiment. The following will introduce each module and various embodiments in more detail.

Please also refer to FIG. 2 , which is a block diagram of one embodiment of the transaction module. The transaction module 110 enables buyers 20 and sellers 10 to directly and efficiently participate in the process of listing, bidding, negotiating, and ultimately completing real estate transactions. For sellers 10, the bidding module 112 of the transaction module 110 provides an interface for listing their objects. After logging into the real estate transaction system 100, the seller 10 first enters the details of his object, including descriptions, pictures, videos, and any other relevant details that help the buyer 20 make an informed decision. When the details of the object are entered, the seller 10 sets an initial bid for his object. Importantly, the transaction module 110 also allows sellers to define an acceptable price range or bargaining space, that is, the range within which the seller is willing to negotiate with potential buyers. Such functionality gives sellers 10 flexibility and control in the negotiation process, allowing them to respond to market conditions and buyer interests without having to constantly adjust prices.

In addition, the transaction module 110 also provides a pricing assistant 113, which is connected to the data analysis module 120. The pricing assistant 113 provides sellers 10 with real-time market data and price trends to help them set prices that are competitive and in line with the current situation. This pricing assistant 113 combines historical transaction data and current market analysis to recommend the best listing price and potential bargaining range.

Buyers 20 use the transaction module 110 to search and view listings containing multiple items. The transaction module 110 provides various search filters, including location, price range, item type, and other filters to help buyers 20 find items that meet their needs. Each listing presented to buyers 20 includes details uploaded by sellers 10 and additional data provided by the data analysis module 120, such as neighborhood statistics, school ratings, and other local information.

When a buyer 20 is interested in an item, they can directly initiate the negotiation process through the bidding module 112 of the transaction module 110. The bidding module 112 allows the buyer 20 to submit an initial bid for the item they are interested in. This bid is immediately communicated to the seller 10 through the instant messaging module 116, and the seller 10 can respond directly through the instant messaging module 116. The transaction module 110 supports a real-time bidding process, where sellers 10 and buyers 20 can quickly exchange bids and counter-offers. This process is designed to be transparent to both parties; both parties can see the history of bids and counter-offers, which makes it easier for them to understand the other party's position and adjust their bids accordingly.

In this embodiment, the negotiation process within the transaction module 110 is supported by the instant messaging module 116. When there is a new bid or counter-offer, both the buyer 20 and the seller 10 are notified immediately, which ensures that they can respond promptly and maintain the momentum of the negotiation. This function is very important in maintaining a smooth and dynamic negotiation process, which is often necessary to effectively complete transactions in a highly competitive market.

Once both parties agree on a price, the transaction module 110's transaction completion module 114 facilitates the finalization of the sale. This includes the generation and exchange of preliminary contracts, which can be electronically signed through the transaction completion module 114. The transaction completion module 114 ensures that all necessary legal procedures and forms are completed to comply with local real estate laws. This streamlined approach not only significantly speeds up the transaction process, but also reduces the errors and misunderstandings that can occur in manual paperwork.

In addition, the transaction module 110 is also integrated with the legal consultation module 140 to provide legal advice to users at any point in the transaction process. This integration ensures that any legal issues or concerns can be resolved in a timely manner, further facilitating a smooth and compliant transaction process.

Please continue to refer to Figure 1. The data analysis module 120 is a real estate transaction system 100 that uses a wide range of data sources, including historical sales data, current market trends and forecast analysis, to provide users with actionable insights and detailed market analysis. By integrating this data-driven approach into the transaction process, the data analysis module 120 plays a very important role in ensuring that pricing strategies and bidding decisions are based on solid empirical data.

The main function of the data analysis module 120 is to collect, analyze and display data so that users of the real estate transaction system 100 can easily connect to and benefit from such data. It extracts data from various sources, including government real estate databases, private market research companies and public records, and compiles a comprehensive view of the real estate market at both macro and micro levels. This wide range of data includes but is not limited to transaction prices, property valuations, neighborhood demographics, economic indicators, etc.

In one embodiment, the data analysis module 120 can provide the latest market trend information, such as average price, sales volume, and price change trends. This information is important for sellers 10 to set initial bids and buyers to bid for objects. Market trend analysis helps sellers 10 understand market dynamics and adjust their expectations and strategies accordingly. In addition, the data analysis module 120 can also provide price recommendations and optimization. For sellers 10, the data analysis module 120 provides advanced pricing algorithms that recommend appropriate price lists based on object characteristics, location, and current market conditions. These recommendations are generated using machine learning models that analyze sales of similar items and market trends to predict the best starting price to maximize attractiveness and value. For buyers 20, data analysis module 120 provides similar functionality to recommend competitive bids based on recent sales and listing analysis of similar items. This helps buyers 20 make bids that are both competitive and fair, increasing the chances of a successful negotiation.

In one embodiment, the data analysis module 120 may also enable a detailed comparative market analysis function that allows the user to compare a target object with similar objects in the area. These comparisons cover a variety of attributes, including the size, condition, age, and features of the objects, as well as their sales price, time on the market, and historical price adjustments. This market analysis function is very valuable to both buyers and sellers because it provides a clearer picture of the object's position in the local market. In addition, the data analysis module 120 can predict future market movements based on historical data and current trends. This feature helps users anticipate changes in market conditions, such as rising or falling prices, increased buyer activity, or extended sales cycles. For sellers 10, this may mean adjusting prices or bargaining ranges to match future market expectations. For buyers 20, this may mean submitting bids in a timely manner before the market moves.

In addition, as mentioned above, the data analysis module 120 works closely with the transaction module 110 to enhance their functions. For example, when a seller 10 lists an item, the data analysis module 120 automatically provides a suggested price range, which the seller 10 can adjust based on his own insights and the module's suggestions. During the bidding process, the data analysis module 120 continuously updates the latest data provided to the buyer 20 and the seller 10, ensuring that each party makes an informed decision based on the latest market insights.

Please continue to refer to Figure 1. In the real estate transaction system 100, the purpose of the legal consultation module 140 is to provide users with convenient and direct legal support and resources in the process of buying and selling real estate. This legal consultation module 140 ensures that both parties can cope with the often complex legal environment in real estate transactions. By integrating legal consultation directly into the transaction process, the legal consultation module 140 helps prevent common legal pitfalls and enhances the overall security and compliance of the transaction.

The legal consultation module 140 provides a network connection to a legal professional who can provide legal resources, such as a legal aid department of a government unit or a real estate professional lawyer in a law firm. Users can initiate consultations through the legal consultation module 140, schedule meetings or send inquiries directly from the user interface 132. This function is particularly valuable for solving special problems that may arise during contracts, negotiations, property rights or transactions. In addition, for more general legal issues, the legal consultation module 140 provides automated guidance based on common legal scenarios and real estate transactions, which can use large language model related technologies to achieve this function. These guides include explanations of key legal terms, summaries of relevant laws and regulations, and step-by-step guides to typical legal procedures in the process of buying and selling a property.

An important function of the Legal Advisory Module 140 is to assist users in reviewing and understanding the legal documents associated with their real estate transactions, including purchase agreements, disclosure forms, and other necessary documents. The Legal Advisory Module 140 allows users to upload documents and receive annotations or interpretive notes from legal professionals to help them understand the content and meaning of these documents. In addition to reviewing existing legal documents, the Legal Advisory Module 140 also provides templates and tools for creating legal documents required for transactions, including generating draft contracts, amendments, and other legal forms based on the specific details of the user's transaction and local legal requirements.

In addition, the legal consultation module 140 also works closely with other major modules of the real estate transaction system 100 to ensure that the legal aspects of all transactions are handled. For example, as users browse bids and complete the sales process through the transaction module 110, the legal consultation module 140 provides real-time legal checks to ensure that all bids, counter-offers, and agreements meet legal standards. This integration helps prevent legal oversights and ensures that all parties fully understand their rights and obligations. In addition, during the negotiation stage supported by the bidding module 112, the legal consultation module 140 provides guidance on legal negotiation strategies, including legal considerations when making or accepting bids, ensuring that any conditions or incidental terms included in the bid are legally binding.

Additionally, the legal consultation module 140 may be connected to the education module 170 to educate users on real estate laws and give them the knowledge they need to make informed decisions. The education module 170 provides a range of legal education materials, including articles, videos, and online workshops, covering all aspects of real estate regulations. These resources are designed to help users understand the broader legal context of their transactions and prepare for successful and legal transactions. In addition, users will receive regular updates and notifications on changes in real estate laws, including new regulations, legal decisions, and other developments that may affect their transactions. This feature ensures that users are always aware of the latest legal environment and can adjust their strategies accordingly.

Continuing with reference to FIG1 , the property security module 150 is designed to ensure that both the buyer 20 and the seller 10 are aware of and address any potential safety issues associated with a property before completing a transaction. The property security module 150 facilitates the scheduling and management of various property inspections and safety inspections, providing users with peace of mind that a property meets all necessary safety standards. In this embodiment, users can easily schedule inspections through the property security module 150, which provides a list of certified inspectors to choose from who specialize in different types of property assessments, including structural integrity, environmental hazards, and general condition inspections. The property security module 150 organizes and displays available inspection times and dates, allowing users to schedule inspections that fit their schedules. In addition, after the inspection is completed, the property security module 150 provides a detailed report that lists any issues found and suggests potential solutions or actions. These reports are important to buyers 20 who need to understand the condition of the property and sellers 10 who need to make repairs or adjustments based on the inspection results. In addition, the property security module 150 also provides an interactive platform where users can view the inspector's feedback and ask follow-up questions. If issues are found that require professional treatment, the module will also provide recommendations for local contractors or repair services.

Continuing with reference to FIG. 1 , the purpose of the educational module 170 is to empower users with real estate-related knowledge to help them make more informed decisions during the buying and selling process. The educational module 170 includes a variety of learning materials, such as articles, videos, tutorials, and infographics, covering a wide range of topics from basic real estate principles to more advanced investment strategies and market analysis. In addition, the educational module 170 also provides information on interactive seminars and workshops related to real estate, and if the interactive seminars and workshops are held online, relevant hyperlinks are also provided. In addition, based on the user's profile and previous interactions with the educational module 170, the educational module 170 will suggest a personalized learning path to guide the user through a series of topics and resources that match their interests and needs. This personalized approach helps users focus on the most relevant and helpful information.

The additional service module 160 expands the functionality of the real estate transaction system 100 by providing a range of services that users may need before, during, or after the sale of an item. The additional service module 160 simplifies the process of finding and booking these services, providing a one-stop service for users' additional needs. The additional service module 160 allows users to contact service providers who provide decoration services or landscaping design. Whether the seller 10 wants to enhance the attractiveness of the item before listing, or the buyer 20 plans to customize their new home, this service makes it easy to find reliable professionals. In addition, the additional service module 160 provides network connections to moving companies and storage companies, allowing users to obtain quotes, arrange moving services, and manage the logistics of the moving process. This feature is particularly useful for buyers 20 who need a smooth transition to their new home and sellers 10 who need to clean their property after the sale. Additionally, users can also book cleaning and maintenance services through the additional service module 160 to ensure that the property is in optimal condition when it is shown and inspected. This is beneficial for both sellers 10 who are preparing to list their property and buyers 20 who want to ensure that their new property is clean and ready to move into.

Please refer to Figure 4A and Figure 4B below. Figure 4A and Figure 4B are the operation flow of the real estate transaction system for the seller and the buyer respectively. It can be found from the following description that this operation flow integrates the various modules of the real estate transaction system 100 to ensure that all steps are connected to each other, so that users have a smooth experience throughout the process. First, please refer to Figure 4A and Figure 1 at the same time. The operation flow of the seller 10 may include the following steps:

Listing an item (step S110): Sellers use the transaction module 110 to list their items. They enter the item details, including photos, descriptions, and any unique features that may attract potential buyers. During this process, the data analysis module 120 provides real-time market data and pricing suggestions to help the seller 10 set a competitive and current initial bid.

Receiving and managing bids (step S120): Once an item is listed, it is presented to potential buyers through a user interface module 130, which displays the item in a structured and attractive format, for example. As buyers 20 bid, sellers 10 receive real-time notifications through the user interface module 130. The bidding module 112 allows sellers 10 to view these bids and negotiate directly with buyers 20. Sellers 10 can counter-offer and communicate with buyers 20 to reach a price that is acceptable to both parties.

Legal and safety inspections (step S130): Meanwhile, the legal consultation module 140 can help the seller 10 review any legal documents and answer legal questions related to the sale. If the property requires safety inspections, the seller 10 can arrange and review these inspections through the property security module 150 to ensure that all necessary reports are completed and provided to the potential buyer 20.

Complete the sale (step S140): Once a price agreement is reached, the transaction module 110 guides the seller 10 to complete the final process, including generating a preliminary contract, which the seller 10 and buyer 20 can electronically review and sign through the user interface module 130. The legal consultation module 140 ensures that all contract terms comply with legal standards and that both parties fully understand their obligations and rights.

Afterwards, please refer to Figure 4B and Figure 1 at the same time. The operation process of the buyer 20 may include the following steps:

Searching for objects (step S210): The buyer begins the process by operating the user interface module 130 to search for objects that meet his criteria. The user interface module 130 allows the buyer 20 to filter objects based on location, price, size, and other preferences. The data analysis module 120 enhances this search by providing additional market insights and comparative analysis to help the buyer 20 make an informed decision.

Submitting a bid (step S220): When a buyer 20 is interested in an item, they can submit an initial bid directly to the seller 10 using the bidding module 112. The bidding module 112 supports the negotiation process, allowing the buyer 20 to adjust their bid based on the seller's 10 counter-offer. During this process, the data analysis module 120 can provide guidance on competitive bidding strategies based on current market conditions.

Participate in negotiation (step S230): The negotiation process is supported by the bidding module 112, and the buyer 20 and the seller 10 exchange bids and counter-offers in real time. The user interface module 130 keeps both parties informed of the status of their bids through updates and notifications. The buyer 20 can use the legal consultation module 140 to answer legal questions and review the legal implications of its bid and any conditions.

Inspecting the property and completing the purchase (step S240): Buyer 20 can request property inspections using property security module 150 to help arrange and manage these inspections. Once satisfied with the property condition and a final price is agreed upon, buyer 20 completes the purchase through transaction module 110, including reviewing and signing the final contract, with legal advisory module 140 providing support in this regard to ensure that all legal aspects are properly handled.

As can be seen from the above, the real estate transaction system 100 of this embodiment can enable the buyer 20 and the seller 10 to directly complete the real estate transaction, thereby saving a huge brokerage fee. However, for some buyers and sellers, they may still hope to have a real estate broker involved and ask them to assist in some matters, such as showing properties, keeping property keys, assisting in negotiations, etc. In order to solve such problems, the present invention provides another embodiment of the real estate transaction system, please refer to the real estate transaction system 200 in Figure 5. Compared with the real estate transaction system 100, the real estate transaction system 200 has a matching module 180 and a brokerage scoring module 190. Among them, the matching module 180 improves the efficiency and personalization of the service by connecting the buyer and the seller with the most suitable real estate agent.

In the real estate transaction system 200, the matching module 180 uses appropriate algorithms to consider multiple factors to ensure the best match between the user and the real estate agent. The matching module 180 analyzes the user's preferences and the real estate agent's skills and historical performance. When a seller 10 lists a property or a buyer 20 expresses interest in a certain property type or a specific location, the matching module 180 begins its process by collecting user preferences (such as desired property type, preferred location, price range, and special requirements such as proximity to schools or public transportation).

At the same time, the matching module 180 is connected to an agent database 50 containing detailed information about real estate agents, including each agent's professional field, geographical area served, customer feedback ratings, and historical transaction data. The real estate agent's performance rating is dynamically updated based on past customer feedback continuously collected through the agent rating module 190 to ensure that the rating reflects the latest interactions and customer evaluations. In this embodiment, the matching module 180 mainly considers the following factors when making matching:

1. Geographical expertise:

Real estate agents are scored based on their familiarity and success rate in the area where the property is located, ensuring that local market knowledge is a key factor in the matching process.

2. Performance rating:

Agents with high ratings based on past transactions and client feedback are given priority in the matching process. This approach incentivizes real estate agents to maintain a high level of professionalism and service quality.

3. User preference matching:

Algorithms assess how well the agent's experience and expertise matches the buyer's or seller's specific preferences and needs, including property type, budget considerations, and other personalized criteria.

Once the matching module 180 has identified the best candidate, the agent information is displayed to the user (seller 10 or buyer 20) through the user interface module 130. The information includes the agent's photo, a brief introduction, areas of expertise, and a summary of user ratings and reviews. The user can view these recommendations and select a real estate agent to contact directly from the interface, simplifying the process of initiating a real estate transaction.

The matching module 180 is tightly integrated with the user interface module 130, providing users with intuitive and easy-to-navigate options to view and select real estate agents. This design ensures that even first-time online real estate transaction users can effectively use the system, increasing user satisfaction and engagement.

In addition, the agent rating module 190 ensures that the quality of services provided by the real estate agent remains high and consistent. The agent rating module 190 systematically collects, analyzes and utilizes user feedback to evaluate the performance of the real estate agent.

After a transaction is completed, or even at important milestones in a transaction, the agent rating module 190 prompts buyers 20 and sellers 10 to provide feedback on their experience with the real estate agent. This feedback includes various criteria such as the agent's communication skills, professionalism, market knowledge, negotiation skills, and overall satisfaction with the services provided. Users can rate these aspects based on a pre-defined rating scale and add comments to provide more detailed insights into the experience.

The agent rating module 190 processes these feedbacks to update the agent's performance rating. It uses a weighted average mechanism, where the most recent feedback has a greater impact on the overall rating, ensuring that the performance rating more accurately reflects the current service level. This dynamic update process can reflect changes in agent behavior and performance over time to motivate agents to maintain high standards of service.

In addition to numerical ratings, Agent Rating Module 190 can analyze textual feedback using natural language processing techniques to identify key themes and sentiment in user reviews. This analysis helps highlight areas where an agent performs well or areas for improvement. For example, if multiple clients mention that an agent is particularly good at explaining complex legal terms, this strength will be noted and can be used to match the agent with clients who value clear communication on legal issues.

The performance evaluation generated by the agent scoring module 190 is used not only to update the agent's profile, but also to inform the matching module 180. Agents with higher scores are given priority in the matching process, and specific positive feedback can be used to match agents with users with specific needs or preferences. For example, an agent known for his patience and meticulousness might be matched with a first-time homebuyer who needs extra guidance.

In addition, in one embodiment, the real estate transaction system 200 allows agents to view their own ratings and anonymous feedback from clients through the user interface module 130. This feedback loop encourages agents to improve their services because they understand the direct impact of user feedback on their future business potential.

Through the Agent Rating Module 190, the Real Estate Transaction System not only enhances the experience of individual users, but also promotes a culture of continuous improvement among real estate professionals, thereby increasing overall satisfaction and trust in the real estate transaction process.

Please refer to FIG. 5 , which is a block diagram of another embodiment of the real estate transaction system of the present invention. Compared with the real estate transaction system 100 of FIG. 1 , the real estate transaction system 300 of FIG. 5 has an additional bank service module 310, the main purpose of which is to integrate financial services directly into the object transaction process. The bank service module 310 enhances the functionality of the real estate transaction system 300 by facilitating key banking services, including object appraisal and online payment processing.

The bank service module 310 enables the seller 10 to apply for a bank appraisal service directly through the real estate transaction system 300. This function enables the seller to obtain an accurate assessment of the reference value of their object, which is very important for setting a competitive list price. Similarly, the buyer 20 can also use the bank service module 310 to request an appraisal service to determine the appropriate loan amount, which is of certain importance to the buyer 20 who needs to match the bid with his financing ability. The bank service module 310 interfaces with multiple banking institutions to simplify the appraisal process and ensure that users can obtain accurate object evaluations in a timely manner.

In addition, the banking service module 310 can also facilitate secure online payment transactions, including the processing of item deposits and final settlement. This function enables buyers and sellers to complete transactions within the real estate transaction system 300, reducing the need for external payment processing services. Buyer 20 can pay the deposit (i.e., mediation money) online through the secure gateway provided by the banking service module 310, ensuring that funds are transferred safely and both parties have transaction records. When the transaction is completed, the banking service module 310 supports the full settlement of the agreed price and handles all necessary financial transfers between the accounts of buyer 20 and seller 10.

In this embodiment, the banking service module 310 is closely integrated with the transaction module 110 to use the appraisal information to adjust the object price and quotation. For example, if the seller 10's object appraisal value is lower than expected, the seller 10 can adjust the list price accordingly in the transaction module 110. In addition, the data analysis module 120 also cooperates with the banking service module 310 to incorporate the appraisal data into the market trend analysis. This helps to ensure that the price recommendations provided to users reflect not only historical and current sales data, but also the appraisal results of individual objects.

When a seller 10 lists an item, they can choose to request a bank appraisal directly through the user interface 132 connected to the bank service module 310. Once the request is processed, the bank service module 310 coordinates with the selected bank to conduct the appraisal. The results are fed back to the transaction module 110, and the seller 10 can adjust the item price based on the appraisal value, thereby improving the accuracy and attractiveness of the listing.

Additionally, buyers 20 who are interested in an item can use the banking service module to apply for a preliminary loan assessment. This helps them understand their affordability before making an offer. The process begins with the buyer 20 submitting a request through the user interface 132, which the banking service module 310 forwards to the contacted banking institution. The loan amount information received helps the buyer 20 make a realistic offer that matches their financial support, ensuring that the offer is both competitive and within their financial range.

During the negotiation phase, once the price is agreed upon, the bank service module 310 can process the initial deposit online. This real-time transaction secures the item and confirms the buyer's commitment. As the negotiation ends and the final price is determined, the bank service module 310 facilitates the transfer of the remaining amount to ensure a smooth transition of funds. The bank service module 310 provides both parties with real-time transaction status updates through the user interface module 130, allowing all participants to maintain information transparency and participation.

In addition, in this embodiment, the instant messaging module 116 also works in conjunction with the banking service module 310 to inform both parties about the status of banking transactions, including appraisal requests and payment processing. This ensures that all parties involved are aware of important financial operations, supporting transparency and trust in the system.

The banking service module 310 also supports compliance checks and legal requirements related to real estate financial transactions, including verifying that all payments comply with local banking regulations. In this embodiment, the legal consultation module 140 provides legal advice on payment terms and conditions by checking the transaction records of the banking service module 310.

Next, please refer to FIG. 6 , which shows the operation process related to the bank service module. First, the process related to the seller is introduced. Please refer to step S310 first, the seller 10 decides to list the object and requests an appraisal through the real estate transaction system 300. At this time, the bank service module 310 starts this process, contacts the bank and arranges the appraisal. Next, please refer to step S320, after receiving the appraisal report, the seller 10 adjusts the listing price according to the appraisal. The adjusted price is displayed to potential buyers through the user interface 132.

Next, the process related to the buyer is introduced. Please refer to step S410 first, the buyer 20 searches for objects within his interest range and selects one. After seeing the price, the buyer 20 decides to check his loan eligibility. After that, please refer to step S420, through the bank service module 310, the buyer 20 applies for a loan evaluation. The bank service module 310 provides the buyer with the loan amount available, which affects his quotation. Then, please refer to step S430, the buyer 20 makes an offer for the object, using the transaction module 110 and the bank service module to ensure that the offer is within his loan capacity. Next, the buyer 20 uses the bank service module 310 to pay the deposit online, so that the deposit is processed immediately and the item is guaranteed.

Then, referring to step S440, the seller 10 receives the quotation and uses the instant messaging module 116 to negotiate, and both parties agree on the final price. Afterwards, as shown in step S450, the buyer and the seller process the final settlement through the bank service module 310, and both parties complete the sale. The legal documents can be reviewed and digitally signed with the assistance of the legal consultation module 140.

By integrating the above functions, the real estate transaction system 300 not only simplifies the buying and selling process, but also ensures that all financial transactions are integrated, secure and comply with legal standards. From the above embodiments, it can be seen that the banking service module 310 significantly enhances the user's confidence and efficiency in real estate transactions.

Although the present invention has been disclosed as above with preferred embodiments, it is not intended to limit the present invention. Anyone with common knowledge in the relevant technical field can make some changes and modifications without departing from the spirit and scope of the present invention. Therefore, the scope of protection of the present invention shall be subject to the scope of the patent application attached hereto.

100: Real estate trading system

10: Seller

20: Buyer

30: External database

110: Trading module

112: Bidding module

113: Pricing Assistant

114: Transaction completion module

116: Instant messaging module

120: Data analysis module

130: User interface module

132: User Interface

140:Legal consultation module

150: Property security module

160: Additional service module

170: Educational Module

Claims (11)

A real estate transaction system, comprising: A transaction module, comprising: A bidding module, configured to: Allow sellers to list items and specify prices and bargaining parameters for the listed items; Enable buyers to submit bids and participate in subsequent counter-offers directly online; A transaction completion module, configured to finalize the transaction once both parties agree on the price; and An instant messaging module, configured to support communication between buyers and sellers during the negotiation process; A user interface module, configured to provide a user interface for users to interact with the transaction module and the matching module; and A data analysis module, configured to: Access and analyze multiple real estate transaction price data from at least one external database; and Generate and display a plurality of price trend analyses, the price trend analyses are derived from the plurality of real estate transaction price data and include at least historical price and market trend information; Based on the price trend analysis, provide guidance for setting or suggesting accurate object prices; Wherein, the data analysis module integrates current market conditions, historical transaction data and similar object information through a pricing algorithm to assist users, including buyers and sellers, in making informed price decisions during the negotiation process; and Wherein, the transaction module also includes a pricing assistant, which is connected to the data analysis module and provides sellers with current market conditions and price trends to help sellers set prices that are competitive and in line with the status quo. A real estate transaction system as described in claim 1, wherein the instant messaging module is further configured to: notify the seller when a bid is received; and inform the buyer of newly listed properties based on the buyer's preferences. The real estate transaction system as described in claim 1 further includes a legal consultation module configured to provide real-time connection to legal resources and legal consultation to assist the buyer or seller in understanding the legal knowledge related to real estate transactions. A real estate transaction system as described in claim 3, wherein the legal consultation module provides online legal consultation services by connecting the user with multiple legal experts from at least one government department. The real estate transaction system as described in claim 1 further includes a property security module configured to assist users in applying for additional property inspections and provide corresponding inspection reports online. The real estate transaction system as described in claim 1 further comprises: A matching module configured to match the buyer and the seller with a plurality of real estate agents based on the object and user preferences; and An agent rating module configured to: Collect user ratings and feedback on real estate agents; and Evaluate the performance of real estate agents; Wherein, the matching module is further configured to use a combination of geographic location, specific user preferences, and agent performance ratings provided by the agent rating module to optimize the matching of real estate agents with buyers and sellers. The real estate transaction system as described in claim 1 further includes an additional service module configured to provide the user with the ability to request and arrange additional services, allowing the user to select a series of additional services: decoration, moving, cleaning and home appliance assistance. A real estate transaction system as described in claim 1, wherein the user interface module is further configured to provide real-time updates and progress tracking of ongoing real estate transactions. The real estate transaction system as described in claim 1 further includes an education module configured to provide learning materials and resources related to multiple real estate transactions to users, and based on the user's personal profile and previous interactions with the education module, the education module will recommend a personalized learning path to guide the user through a series of topics and resources that match their interests and needs. The real estate transaction system as described in claim 1 further includes a bank service module configured to: enable the buyer to apply for a bank appraisal service to determine the loan amount; and facilitate online payment transactions related to real estate deposits and final settlements. In the real estate transaction system of claim 10, the bank service module is further configured to enable the seller to apply for a bank appraisal service to assess the reference value of the listed object.

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