Abstract: A system and method for enabling buyers and sellers to collaborate within their communities of interest and other social networks to determine similar buying interests, negotiate best pricing and terms in order to realize optimum deal terms, and close their collective best deal (for those buyers that are willing to commit once deal pricing and terms have been presented) in a real-time, dynamic manner analogous to how deals are negotiated in the real world. Further augmenting the current state-of-the-art, buyers are given the opportunity to pool their collective buying requirements from specific sellers for discounts based on volume pricing thereby enabling the purchase of potentially many goods from the sellers instead of being limited to a specific item, or group of items.