Abstract: A computer implemented method for administering a sales transaction, including: receiving consumer transaction requirements and seller transaction requirements within one or more established transaction parameters; filtering the consumer transaction requirements based on the seller transaction requirements and producing a subset of consumer transaction requirements based on the filtering; receiving bids from potential sellers, wherein the bids are limited to a predefined number and type of variables; displaying the bids to potential sellers and receiving subsequent bids; displaying a plurality of the bids and the identities of the potential sellers that correspond to the displayed bids to one or more potential consumers; and receiving from the one or more potential consumers an acceptance or rejection of one or more of the displayed bids.
Type:
Grant
Filed:
April 14, 2008
Date of Patent:
October 23, 2012
Assignee:
STTE, LLC
Inventors:
Elliot S. Foo, Stuart William Marsh, Anthony Cotroneo, Thomas Vento