Efficient online auction style listings that encourage out-of-channel negotiation
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United States of America Patent
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Apr 5, 2011
Grant Date -
Jul 1, 2004
app pub date -
Sep 11, 2003
filing date -
Dec 31, 2002
priority date (Note) -
In Force
status (Latency Note)
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Abstract
Online auction-style listing and transaction system provides new features including for example allowing sellers to issue offers to sell before auction-style listing completion to encourage direct negotiation between seller and buyer for an out-of channel transaction; postponing auction-style end upon receipt of a last-minute bid to prevent sniping; allowing sellers to contact buyers registering adverse ratings before the ratings are published; allowing sellers to terminate listings before end of auction-style listing and/or to move the listing to a classified ad from an auction-style listing; and other features.
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