Proprietary Technology
Radar Logic's partners at Ventana Systems have developed innovative mathematical algorithms to generate an accurate representation of the real estate marketplace.
Our patent pending technology leverages advances in computing power, modeling algorithms, and innovations in statistical analysis in order to translate vast amounts of data into the Radar Logic Daily Price .
We have demonstrated through extensive testing that
our process identifies egregious data errors, allowing us to rectify errors
when possible, and does not require us to eliminate data outliers. Our goal
is to capture and represent as much real world data as possible.
Price Methodology
Our Price Methodology is based on the principles that 1) it is
important to capture and utilize as much data as possible; 2) it is important
to avoid manipulation of the price by illegitimate or erroneous data; 3)
the price must react as the market moves, not in a delayed or "smoothed"
fashion; 4) the price must reflect data driven values regardless of actual
data volume; and 5) the price must be produced daily.
For an overview of our price methodology, click here.
For a more extensive technical description, click here.
