Elliot S Foo

US Patent:

8296191, Oct 23, 2012

Filed:

Apr 14, 2008

Appl. No.:

12/102438

Inventors:

Elliot S. Foo - Rochester NY, US
Stuart William Marsh - Fairport NY, US
Anthony Cotroneo - Pittsford NY, US
Thomas Vento - Rochester NY, US

Assignee:

STTE, LLC - Rochester NY

International Classification:

G06Q 40/00

US Classification:

705 263, 705 261, 705 264

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.