Systems and methods for transferring items with restricted transferability

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 7574375
SERIAL NO

09670900

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ATTORNEY / AGENT: (SPONSORED)

Importance

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Abstract

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The invention is systems and methods for transferring items with restricted transferability. Initially, the systems and methods wait for a first consumer to make a request to transfer an item after having purchased the item from a provider. The systems and methods then send a request to transfer the item to the provider. This request may indicate inducements to the provider to authorize the transfer. If the transfer is authorized, the systems and methods then present information regarding the item to other consumers. This information may be presented as part of a bidding interface or as part of an advertising interface. Once the second consumer submits a winning bid for the item when the information is presented in a bidding interface, or an acceptable offer when the information is presented in an advertising interface, the transfer of the item can then be completed with or without the assistance of an intermediary. When the transfer is completed without the assistance of an intermediary, the first and second consumer may directly transfer the item and payment to each other. When the transfer is completed with the assistance of an intermediary, the first consumer may send the item to the intermediary and the second consumer may send payment to the intermediary. Once both the item and the payment have been received at the intermediary, the intermediary may send the item to the second consumer and all or part of the payment to the first consumer.

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Patent Owner(s)

Patent OwnerAddress
CFPH L L C110 EAST 59TH STREET NEW YORK NY 10022

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Fraser, Stuart A Armonk, US 33 1445
Ginsberg, Philip M New York, US 58 1803
Kirwin, Glenn D Scarsdale, US 40 1211
Lutnick, Howard W New York, US 747 24152

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