WO2016060613A1 - Plate-forme pour faciliter et achever des transactions - Google Patents

Plate-forme pour faciliter et achever des transactions Download PDF

Info

Publication number
WO2016060613A1
WO2016060613A1 PCT/SG2015/050378 SG2015050378W WO2016060613A1 WO 2016060613 A1 WO2016060613 A1 WO 2016060613A1 SG 2015050378 W SG2015050378 W SG 2015050378W WO 2016060613 A1 WO2016060613 A1 WO 2016060613A1
Authority
WO
WIPO (PCT)
Prior art keywords
price
seller
offer
ask
asking
Prior art date
Application number
PCT/SG2015/050378
Other languages
English (en)
Inventor
Choon Seng LIM
Original Assignee
Icomtech Llp
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by Icomtech Llp filed Critical Icomtech Llp
Publication of WO2016060613A1 publication Critical patent/WO2016060613A1/fr

Links

Classifications

    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q30/00—Commerce
    • G06Q30/06—Buying, selling or leasing transactions
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q30/00—Commerce
    • G06Q30/06—Buying, selling or leasing transactions
    • G06Q30/08—Auctions
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q50/00—Information and communication technology [ICT] specially adapted for implementation of business processes of specific business sectors, e.g. utilities or tourism
    • G06Q50/10—Services
    • G06Q50/18—Legal services

Definitions

  • the present invention relates to a platform for facilitating and completing transactions.
  • the invention is suitable (but not limited to) a web portal for facilitating and completing transactions and will be described in such context.
  • the invention comprises a platform for performing and facilitating transactions.
  • the platform comprises one or more mechanisms for facilitating negotiation between parties.
  • a system for facilitating and completing transactions comprising a portal for facilitating transactions between at least one buyer and a seller; and a negotiation engine configured to receive an undisclosed minimum purchase price set by the seller; wherein upon receipt of an offer price from the at least one buyer equal or above the undisclosed minimum purchase price, the negotiation engine is operable to accept the offer price; and upon receipt of the offer price below the undisclosed minimum purchase price; the negotiation engine is operable to forward the offer price to the seller for consideration on whether to complete the transaction.
  • the negotiation engine is configured to receive an ask price from the seller and display the ask price on the portal.
  • the ask price is configured to decrease over time based on at least one predetermined criterion.
  • the negotiation engine is operable to receive a bid price from the at least one buyer, wherein each bid price corresponds to the current asking price at a particular time.
  • the ask price is rejected and reset.
  • the transaction is successfully completed based on the bid price if the bid price (corresponding to current asking price) is higher or equal to the undisclosed minimum purchase price.
  • the negotiation engine is operable to receive a predetermined reset parameter from the seller.
  • the negotiation engine is operable to reset the ask price either when the current ask price is lower than the undisclosed minimum purchase price, or when a condition of the predetermined reset parameter is met.
  • the undisclosed minimum purchase price is set as a difference between the asking price and a predetermined fixed amount.
  • the undisclosed minimum purchase price is set as a percentage of the asking price.
  • the negotiation engine is operable to link the accepted offer price to a third party necessary to complete the transaction.
  • the asking price is reset either back to the initial asking price, a percentage more than a previous asking price, or a percentage less than a previous asking price.
  • the at least one predetermined criterion includes i. subtracting from the current ask price a fixed interval; ii. subtracting from the current ask price a percentage of the last ask price; or iii. subtracting from the current ask price a percentage of the original asking price.
  • the system is operable to reset the ask price based on the reset parameter until a transaction is successfully completed.
  • the portal automatically creates an account for a seller where no account has been previously created.
  • the account is created based on at least a double entry of email address of the seller.
  • a method for facilitating and completing electronic transactions on a portal comprising the following steps: setting via a negotiation engine an undisclosed minimum price for a product or service of a seller; receiving an offer price from at least one buyer; wherein if the offer price is equal or above the undisclosed minimum purchase price, the negotiation engine is operable to accept the offer price; and upon receipt of the offer price below the undisclosed minimum purchase price; the negotiation engine is operable to forward the offer price to the seller for consideration on whether to complete the transaction.
  • the method comprises the step of receiving an asking price from the seller and displaying the asking price.
  • the ask price is configured to decrease over time based on at least one predetermined criterion.
  • the negotiation engine is operable to receive a bid price from the at least one buyer, wherein each bid price corresponds to the current asking price at a particular time.
  • the ask price is rejected and reset.
  • the transaction is successfully completed based on the bid price (corresponding to current asking price) if the bid price is higher or equal to the undisclosed minimum purchase price.
  • the negotiation engine is operable to receive a predetermined reset parameter from the seller.
  • the negotiation engine is operable to reset the ask price either when the current ask price is lower than the undisclosed minimum purchase price, or when a condition of the predetermined reset parameter is met.
  • the undisclosed minimum purchase price is set as a difference between the asking price and a predetermined fixed amount.
  • the undisclosed minimum purchase price is set as a percentage of the asking price.
  • the negotiation engine is operable to link the accepted offer price to a third party necessary to complete the transaction.
  • the asking price is reset either back to the initial asking price, a percentage more than a previous asking price, or a percentage less than a previous asking price.
  • the at least one predetermined criterion includes i. subtracting from the current ask price a fixed interval; ii. subtracting from the current ask price a percentage of the last ask price; or iii. subtracting from the current ask price a percentage of the original asking price.
  • the system is operable to reset the ask price based on the reset parameter until a transaction is successfully completed.
  • the portal automatically creates an account for a seller where no account has been previously created.
  • the account is created based on at least a double entry of email address of the seller.
  • a negotiation engine for facilitating and completing transactions, the negotiation engine operable to receive an undisclosed minimum purchase price set by a seller; wherein upon receipt of an offer price from at least one buyer equal or above the undisclosed minimum purchase price, the negotiation engine is operable to accept the offer price; and upon receipt of the offer price below the undisclosed minimum purchase price; the negotiation engine is operable to forward the offer price to the seller for consideration on whether to complete the transaction.
  • Fig. 1 illustrates a top level block diagram of the platform for facilitating and completing transactions in accordance with an embodiment of the invention
  • Fig. 2 and Fig. 3 illustrate the user interface seen from perspective of a buyer for two different embodiments of the invention corresponding to two different logic implementations of the negotiation engine; and
  • Fig. 4a to Fig. 4d illustrates a method for facilitating and completing transactions in accordance with another embodiment of the invention.
  • An 'ask price' represents the minimum price that a seller or sellers are willing to receive for a particular product or service.
  • a 'bid price' represents the maximum price that a buyer or buyers are willing to pay for the particular product or service.
  • a 'descending ask price' is equal to the current price.
  • a buyer may make a serious offer or 'bid' using either a 'Deal Current' or 'Buyout Offer' function.
  • a 'Deal current' function is available to convey a buyer's serious offer to purchase the particular product or service, as opposed to an 'ask price' or 'current price' which is part of the negotiation which may include a bidding process.
  • the 'deal current' may be pegged to the ask price or current price.
  • a 'Buyout offer' refers to an offer, at any price, to purchase a product or service.
  • 'auction' refers to a bidding process where multiple bids from different buyers may be submitted.
  • 'Descending price auction' is construed accordingly in the context when each successive ask price is submitted at a ask price lower than the previous ask price. That is, the current ask price is always lower than the previous ask price.
  • 'offer' refers to situations where a serious offer for purchase of a goods and/or service is made. This is to be distinguished from the term 'bid' or 'ask' which may or may not translate into an offer to purchase.
  • a platform 10 for facilitating and completing transactions, and in particular, negotiation of transactions related to real estate property, although it is to be appreciated that the platform 10 may be used with a variety of goods and services, tangible or intangible such as purchase and sale of vehicles, equity, financial and/or legal instruments. It is further to be appreciated that the type of transactions may include sale transaction or lease transaction.
  • the platform 10 is an Internet web-portal. It may however be implemented on different networks utilizing different network resources.
  • the platform 10 comprises a user-interface that may be a website 12 assessable via an URL.
  • the website 12 comprises an online gallery 14 for implementing the following functions:- a. Sellers/Vendors' posting of products/services 16, including uploading photos of real-estate property where the transaction is the sale or lease of real-estate property;
  • the online gallery 14 further comprises categories or sub categories 20 which organize or arrange the postings of real estate property into different categories such as, for example, size of the property, location, etc.
  • a potential buyer is interested in any of the product/service 16 listed on the gallery, he may 'negotiate' with the sellers/vendors via a negotiation engine 22.
  • Negotiation engine 22 is in data communication with a plurality of seller and/or buyer devices (which may include mobile phones) for receiving input from the seller(s) and buyer(s).
  • the negotiation engine 22 comprises a 'double pricing descending price auction' 24 method and/or a 'double pricing standard price' method 26. For both methods 24, 26, the negotiation engine 22 requires the following essential input from the seller: - a. ) undisclosed reserve price (i.e. lowest price a seller is willing to accept or undisclosed minimum purchase price);
  • the seller may further provide the following inputs:- b. ) initial asking price from seller or derived asking price if the seller is unable to provide his input; and
  • parameter of reset examples of parameter may include, but not limited to a date or time or where the current ask price is below the undisclosed reserve price. The descending ask price is reset to the initial asking price or another asking price if no successful transaction takes place.
  • the 'double pricing descending price auction' method 24 is based on a descending price auction principle.
  • the initial asking price 201 is the asking price for the property being posted. This is a price that the owner / seller wish to sell his property, and is also the starting price for the descending ask price to commence.
  • the current price 202 refers to the current ask price. Depending on the bids received by various potential buyer(s) on 'Deal' current 203 or 'Buyout offer' 204, the current ask price may continue to decrease without an expiry date until one or more of the following conditions happen:- i.
  • the current ask price 202 is lower than the undisclosed reserve price;
  • a 'buyout offer' 204 happens and is accepted by the system/seller, it may be at a price higher or lower than the current ask price 202.
  • condition (i.) or (ii.) happens without a successful transaction, the descending ask price will be reset repeatedly until a successful purchase is made, or the posting is deactivated by the lister / agent or the administrator of the platform 10. In the absence of active intervention by the lister / agent, there is no expiry date.
  • the reset may be to its last original asking price; a percentage (-%) less than its last asking price; or a percentage (+%) higher than its last asking price.
  • the reset may be based on a fixed figure of the undisclosed reserve price or a percentage (%) of the asking price.
  • the frequency of descending (minutes/hours/day/random) and the value for each descending ask price may be adjusted.
  • the value for each descending ask price may be adjusted based on a fix figure to be descend from the starting price; a percentage to be descent from the starting price; and a percentage to be descent from the last descended price. It is to be appreciated that the descending value, undisclosed reserve price and reset perimeter can be edited and change when the negotiation engine 22 is running.
  • the parameter 'Deal current' function 203 may be used by a potential buyer to place an immediate purchase of the property based on the current ask price.
  • the function 203 separates the serious bidder who makes a serious/formal offer and bidders who are just 'testing' or surveying the system. This is as the current price is run according to the negotiation engine 22.
  • 'Buyout Offer' 204 may be used by a potential buyer to place an offer, any price, to purchase the property.
  • the platform would reject or accept the Buyout Offer' according to the 'undisclosed reserve price'.
  • the platform 10 would accept the purchase of the 'Buyout offer' 204 when the buyout offer 204 is equal or above the 'undisclosed reserve price'.
  • the platform 10 would present the rejected offer to the owner / seller for further consideration. It then depends on the seller if he/she is prepared to sell at a price lower than the undisclosed reserve price.
  • the platform 10 also comprises an optional function 'Attempts made' 205 which shows the total numbers of failed attempt for the 'Buyout offer' by the potential buyers. All these fail attempted offers may be presented by the system to the owner/seller for consideration, such failed attempted offers may be useful for determining future undisclosed reserve price.
  • An identifier 206 may also be assigned to the listed property for sale/lease.
  • the identifier 206 is used by the potential buyer to search for any property and may be in the form of an 'asset ID'.
  • an Agent ID 207 may be displayed. Every licensed agent who are members would have their licence number registered. With this Agent ID, any seller or buyer may also search the property listings listed by an agent based on the agent ID 207. If a seller is not represented by an agent, a Seller ID 207 may be displayed.
  • the 'double pricing standard price' method 26 comprises the following parameters.
  • Initial asking Price 301 Similar to the initial asking price 201 , this is the asking price for the property being posted. This is a price that the Owner / Seller wish to sell his property. The posting of the property would continue being posted until it has a successful purchase or it is deactivated by the lister / agent or the administrator of the portal.
  • the 'Buyout Offer' 303 allows a potential buyer to place a serious offer, any price, to purchase the property.
  • the negotiation engine 22 will reject or accept the 'Buyout Offer' according to the 'undisclosed reserve price'.
  • the negotiation engine 22 will accept the purchase of the 'Buyout offer' on behalf of the seller when the offer is equal or above the 'undisclosed reserve price'.
  • the functions 304, 305 and 306 are similar to the functions 205, 206 and 207 and will not be elaborated further.
  • the platform 10 is next described in the context of its operation and with reference to Fig. 4a to Fig. 4d.
  • a flow diagram illustrating how the real estate property is being posted and activated onto the web-portal is shown.
  • the agent or seller is then prompted to enter the undisclosed reserve price (with two options setting).
  • Property posting can only be activated upon setting of the undisclosed reserve price.
  • agent member login step 401 an agent (representing the seller) who want to post the property online, need to register as a member with the electronic portal via website 12. As a member, agent then is able to login to post the property online.
  • the seller/agent After logging in, the seller/agent then make use of a property posting interface in a form template for description to be submitted for posting a property (step 402).
  • the template would guide the agent on the description of the property, the address of the property and the way to upload any images such as photos of the property onto the portal 10.
  • the portal 10 will prompt the input of the owner / seller to enter an identifier such as an email address.
  • the email address may be prompted as a double entry to prevent typographical error, as provided by the template.
  • the email address provides a means for the system/portal to email to owner / seller to inform them the posting of their property online and creates an account for the owner/seller if he/she has not become a member yet.
  • Other identifier(s) such as mobile phone number etc. may be used instead of the email address.
  • step 403 the agent/seller will be brought to a pricing perimeter template (step 403) which assists the agent/seller to set the descending pricing perimeter (value) for each current price, the initial asking price, and the reset parameter such as the 'reset date'.
  • the descending price auction method 24 will start based on the initial asking price of the property.
  • the agent shall choose either one of the following three options to input the initial asking price (i.e. starting price) after setting the frequency of descending (minutes/hours/day/random).
  • Each descending ask value may be as follows:- i. A fix figure to be decreased from the starting price.
  • iii A percentage to be decreased from the last descended price.
  • the agent may choose either one of the following three options for reset criteria method:- i. To reset to its last original asking price.
  • the pricing perimeter can be edited and change during the running of the posted property.
  • one of the essential element i.e. the 'Undisclosed Reserve Price' or undisclosed minimum purchase price is set (step 404).
  • the agent or seller can set this undisclosed reserve price, and the setting of the undisclosed reserve price may be based on one of the three options as follows:- i. A fix amount/value.
  • step 405 After all the above information have been input, which include upload of images or photos; setting of pricing perimeter, email address of the owner / seller; the 'undisclosed reserve price' have been set; a step of submission is made (step 405).
  • the system shall auto create the owner / seller account to become a member if they have not registered an account before, the system generate username and password emailed to them.
  • the owner / seller account shall display the posting of their property, all the details of their property included the reserve price and the info of their agent (if any); any results or notification from the price negotiation engine, success purchase and/or to consider the rejected 'Buyout offer'.
  • the platform 10 then sends a system email notification to owner / seller, informing the owner / seller that their property has been submitted for posting online by their appointed agent (step 406).
  • Other means of communicating the notification such as SMS or other text messages
  • the owner / seller can login to his/her account at any point of time to edit the 'undisclosed reserve price' for their property or it can be remain as it is. It is to be appreciated that the 'undisclosed reserve price' can be edited and changed during the running of the posted property.
  • the Owner / Seller member may login; and he may receive an email generated by the system for every single property submitted by the agent for posting online. It is to be appreciated that if the Owner / Seller is not a member, the system will automatically create an account for him based on the email address provided during the posting of property. The automatically created account may be activated by an agent. Upon login into their account, a seller/owner will be able to see all the details of their property being posted and the profile of their appointed agent who post the property(ies) on the platform 10. In addition, results from the negotiation engine 22, successful purchase and/or any pending consideration of the rejected 'Buyout Offer' will be displayed.
  • the agent is allow to re-edit the reserve price, it would be depend on the policy of the company that are hosting the platform 10 and subject to the permissions of the owner/seller.
  • Fig. 4b explains how the 'double pricing descending pricing auction' method 24 keeps running without an expiring date.
  • the activity shall continue running and resetting (whichever comes first, 'reset date' or 'undisclosed reserve price') without expiring date till a winning purchase or a successful bid.
  • Step 409 begins with the property posted and assuming that the previous steps have been taken; the negotiation engine for the property posting will not have an expiry date till a winning purchase or a successful bid.
  • This pricing descending auction mechanism engine would run according to the perimeter criteria set by the owner/seller or agent who posts the property listing (step 411 ), and waits for a potential buyer to make a bid based on the current ask price, a current deal, or buyout offer.
  • decision step 412 when a potential buyer clicks the 'Deal' current feature the buyer shall immediately win the purchase of the property based on the descending current price.
  • the winning purchase shall be subjected to the 'undisclosed reserves price' set.
  • the descending pricing mechanism would keep descending and reset again and again according to the 'undisclosed reserve price and reset date', whichever comes first.
  • the system would prompt them to be registered as a member.
  • Step 413 is the situation where the descending pricing is below the
  • Fig. 4c details the flow of how a buyer winning bid, on 'Buyout offer' or on 'Deal' current. These double pricing features automated negotiation online for a transaction or for a successful purchase. If the posting is a 'Standard Asking
  • Step 414 is the 'Buyout offer' feature which is the unique feature that empowers potential buyers to secure a purchase at their best offer price. This unique feature can pair with the descending price mechanism as defined or a stand along 'Double pricing standard asking price'.
  • the platform 10 Upon clicking the 'Buyout offer' feature, the platform 10 would open an offer template for the potential buyer to put an offer (step 415). If the potential buyer offer submitted is below the owner / seller 'undisclosed Reserve Price', the system would reject the buyer offer for a non-successful purchase. If the potential buyer offer submitted, is equal or above the owner / seller 'undisclosed reserve price', the system would confirmed the offer accepted for purchase. After the potential buyer input the offer, he / she would be guide through the process to the payment gateway, to provide payment details (step 416) for fees chargeable (step 417).
  • the first is a fee chargeable for using the 'Buyout offer' feature, and a second fee would be charge for a successful transaction.
  • Both set of fees can be administrative and technology usage fees (step 417) & (step 425). The charging of the first fee may be incurred before the result of the 'Buyout offer' being review.
  • the platform 10 Upon payment received of a first fee (step 417), the platform 10 would check whether the potential buyer 'buyout offer' is equal to or higher than the 'undisclosed reserve price' (step 418). If the 'buyout offer' is equal or higher than the 'undisclosed reserve price', the system will accept the potential buyer offer for a winning purchase. Upon accepted as a winning purchase, the system shall charge the winning buyer for a second fee, it can be caution deposit, technology fee, admin fee or any other fees, and shall depend on the underlying policy of the host of platform 10 (step 425).
  • the system would reject the prospective buyer 'attempted' buyout.
  • the system shall present the rejected 'attempted' to owner / seller for consideration (step 420).
  • a Re-Offer mechanism may be made upon an unsuccessful 'buyout offer', where the platform 10 would prompt the potential buyer for a re-offer (step 419). If the potential buyer is agreeable to do a re-offer; the system would open an offer template back to step 415, and be prompted to input the 'buyout offer'.
  • the rejected offer is presented to the owner / seller for consideration.
  • the buyer in their login account would present the billing information via the payment gateway for fees chargeable for a successful transaction (step 423).
  • step 422 If the choice made by the potential buyer is a 'Deal current' (i.e. step 422), which is for the potential buyer to click for an immediate winning purchase based on the current ask price, then the buyer would be able to purchase the real-estate property base on the last descending current price and it moves to step 423 indicating a successful purchase.
  • the potential buyer Upon a successful purchase, the potential buyer would be brought to the payment gateway step 424 to enter payment information and the buyer would be guided through the process to the payment gateway, to provide the payment details for fees chargeable. Unlike the buyout offer, only one set of fees applies.
  • the buyer is to make payment fees chargeable for a successful transaction (step 425).
  • the fee charged for a successful transaction deal can be caustion fee, administration and technology usage fee or a combination of the above for using the 'current deal' feature. It is to be appreciated that as real estate property transaction is a big-ticket item, only transaction fees being charge. For other relatively smaller value goods and serves, a direct online payment can be made to the vendor via the payment gateway.
  • the confirmation is price agreed to be transacted between the Owner/Seller and buyer.
  • legal documentations and financial arrangement for legal completion of the purchase shall be arranged between the seller, buyer, lawyer and banker if necessary.
  • An agent where available, may coordinate this arrangement, if necessary (see Fig. 4d).
  • Fig. 4d explains the flow for the completion of the documentations after the confirmation of the price agreement for the transaction.
  • steps 428 to 433 may be necessary to complete the legal transferred of ownership between Owner / Seller and buyer, to be handled by conveyancing lawyers.
  • the items are consumable products and services, with no complex legal requirements and documentations surrounding the transactions, then the transactions can completed immediately between sellers and buyers via the payment gateway.
  • the owner/seller and potential buyers during their registration process as members, may be provided or may select from the penal of lawyers provided by the platform 10. If they choose or select from the penal of lawyers, each party may select two different lawyers so as to address any situation where both seller and buyer select the same lawyer, for the avoidance of conflict. If both parties, i.e. seller and buyer have not preselected their lawyer, their agents may be appointed for the coordination of the documentation between the lawyers, seller and buyer.
  • Real Estate Agent handles the documentations and process (step 428).
  • the system shall email the agent all information of the Owner / Seller and Buyer, the agreed price, and contact information.
  • the real estate agent or property agent will have to coordinate the documentation work, including collect and received of the option money for the sale or the deposit money for lease/rental (step 429).
  • the sale is completed (step 430). If lawyers have been preselected, the system shall email all the information necessary to proceed with the documentations. If there is a preselected lawyer, the system shall email all information, price agreement (step 433),
  • the invention provides the methodology of a Descending Price Auction, with a set of system, process and perimeter, integrated with an undisclosed minimum reserve price the seller is willing to accept, having two functions as described and an additional possibility for a successful transaction.
  • These unique functions based on 'Deal current' & 'Buyout offer'.
  • the 'Deal current' function enables a potential buyer to immediately do a purchase by sending a formal or serious offer based on the current ask price which will be accepted by the platform 10.
  • a 'Buyout offer' function allows the buyer to put an offer price, any price, during the descending price/bid process.
  • the buyer would successfully complete the transaction based on his offer price. If the 'Buyout offer' price offer is below the 'undisclosed reserve price', the system would automatic reject the buyer's offer. As an additional possibility, the platform presents the rejected 'Buyout offer' to the seller for consideration on whether he/she wishes to complete the transaction, thereby giving the seller another chance to change his/her mind about the minimum reserve price set when there is a serious offer. From each the feature described, when there is a successful transaction (resulting from successful offer and/or successful acceptance by the seller), the descending reserve price auction would end immediately.
  • the descending ask price may eventually fall below the 'undisclosed reserve price' or arrive at the 'reset date' (whichever comes first) - the pricing mechanism engine would 'reset' to its asking price to rerun the descending price auction.
  • a preferred feature is that there would not be any expiring of the running descending pricing auction.
  • users may access the web- portal and/or negotiation engine 22 via a dedicated software application (colloquially referred to as 'app').
  • the potential buyers or sellers may use their mobile devices, such as smartphones, with the apps installed thereon for accessing the web-portal and/or negotiation engine 22.
  • the access may be a wireless or wired communication, via the Internet, Intranet or other networks as known and will not be further elaborated.
  • the communication protocol between the negotiation engine 22 and the potential buyers and sellers may be based on secured communication protocol such as, but not limited to, Hypertext transfer protocol over within a connection encrypted by Transport Layer Security or its predecessor, Secure Sockets Layer (HTTPS).
  • secured communication protocol such as, but not limited to, Hypertext transfer protocol over within a connection encrypted by Transport Layer Security or its predecessor, Secure Sockets Layer (HTTPS).
  • HTTPS Secure Sockets Layer

Landscapes

  • Business, Economics & Management (AREA)
  • Engineering & Computer Science (AREA)
  • Finance (AREA)
  • Accounting & Taxation (AREA)
  • Strategic Management (AREA)
  • Physics & Mathematics (AREA)
  • Theoretical Computer Science (AREA)
  • General Physics & Mathematics (AREA)
  • Marketing (AREA)
  • General Business, Economics & Management (AREA)
  • Economics (AREA)
  • Tourism & Hospitality (AREA)
  • Development Economics (AREA)
  • Health & Medical Sciences (AREA)
  • Primary Health Care (AREA)
  • Human Resources & Organizations (AREA)
  • General Health & Medical Sciences (AREA)
  • Entrepreneurship & Innovation (AREA)
  • Technology Law (AREA)
  • Management, Administration, Business Operations System, And Electronic Commerce (AREA)

Abstract

L'invention concerne une plate-forme qui permet de faciliter et d'achever des transactions, et qui comprend un portail pour faciliter des transactions entre au moins un acheteur et un vendeur ; un moteur de négociation configuré pour recevoir un prix d'achat minimal non divulgué, fixé par le vendeur ; lors de la réception d'un prix d'offre, du ou des acheteurs, égal ou au-dessus du prix d'achat minimal non divulgué, le moteur de négociation pouvant accepter le prix d'offre ; lors de la réception du prix d'offre au-dessous du prix d'achat minimal non divulgué, le moteur de négociation pouvant transférer le prix d'offre au vendeur pour savoir s'il faut ou non achever la transaction. La plate-forme est configurée pour comprendre un mécanisme de prix décroissant et un acheteur peut, à n'importe quel moment, faire une enchère sur la base d'un cours vendeur actuel, à condition que le cours vendeur soit au-dessus ou égal au prix d'achat minimal non divulgué.
PCT/SG2015/050378 2014-10-13 2015-10-07 Plate-forme pour faciliter et achever des transactions WO2016060613A1 (fr)

Applications Claiming Priority (2)

Application Number Priority Date Filing Date Title
SG10201406578Q 2014-10-13
SG10201406578QA SG10201406578QA (en) 2014-10-13 2014-10-13 Platform for facilitating and completing transactions

Publications (1)

Publication Number Publication Date
WO2016060613A1 true WO2016060613A1 (fr) 2016-04-21

Family

ID=55747024

Family Applications (1)

Application Number Title Priority Date Filing Date
PCT/SG2015/050378 WO2016060613A1 (fr) 2014-10-13 2015-10-07 Plate-forme pour faciliter et achever des transactions

Country Status (2)

Country Link
SG (1) SG10201406578QA (fr)
WO (1) WO2016060613A1 (fr)

Cited By (1)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
WO2019244534A1 (fr) * 2018-06-20 2019-12-26 株式会社Ｈａｐｐｙ Ｐｒｉｃｅ Système de courtage de négociation d'achat et de vente

Citations (4)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US6044363A (en) * 1996-09-04 2000-03-28 Hitachi, Ltd. Automatic auction method
US20020103740A1 (en) * 2001-01-30 2002-08-01 Register.Com, Inc. System and method facilitating multilateral and bilateral negotiations
US20090248563A1 (en) * 2008-04-01 2009-10-01 Michael Deasy Method and apparatus for on-line auctions
US20130046649A1 (en) * 2011-08-17 2013-02-21 Larry Dague Method and System for Providing A Hybrid Descending-Price Auction

Patent Citations (4)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US6044363A (en) * 1996-09-04 2000-03-28 Hitachi, Ltd. Automatic auction method
US20020103740A1 (en) * 2001-01-30 2002-08-01 Register.Com, Inc. System and method facilitating multilateral and bilateral negotiations
US20090248563A1 (en) * 2008-04-01 2009-10-01 Michael Deasy Method and apparatus for on-line auctions
US20130046649A1 (en) * 2011-08-17 2013-02-21 Larry Dague Method and System for Providing A Hybrid Descending-Price Auction

Cited By (2)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
WO2019244534A1 (fr) * 2018-06-20 2019-12-26 株式会社Ｈａｐｐｙ Ｐｒｉｃｅ Système de courtage de négociation d'achat et de vente
JP2019219950A (ja) * 2018-06-20 2019-12-26 株式会社Ｈａｐｐｙ Ｐｒｉｃｅ 売買交渉仲介システム

Also Published As

Publication number Publication date
SG10201406578QA (en) 2016-05-30

Similar Documents

Publication Publication Date Title
US11593852B2 (en) System and method for swapping event tickets
US7630903B1 (en) Electronic dispute resolution system
US8538828B2 (en) Consumer-to-business exchange auction
US20150206126A1 (en) Authentication method and system
JP2008509485A (ja) 無線スペクトル権を取引するシステムおよび方法
KR101629961B1 (ko) 온라인 대화를 이용한 거래 방법 및 시스템
US20190080394A1 (en) Method and system for online auctions
US20160078372A1 (en) System and method of trial occupancy of real estate
JP6498165B2 (ja) 情報処理装置、情報処理方法および情報処理プログラム
US20130311336A1 (en) Price negotiation from user device
US20130024323A1 (en) System for completing an online transaction
US20170011438A1 (en) Domain Name Marketplace With Mobile Sales And Brokerage Platform
WO2016060613A1 (fr) Plate-forme pour faciliter et achever des transactions
US20140136399A1 (en) Method for establishing user connections and a computer network system employing same
US20110191202A1 (en) Method, apparatus and system for bidding custom parts
KR20220051963A (ko) 각종 사건 사고에 대한 전문가 역경매 시스템
US20220188914A1 (en) A system and method for automated bid configuration and search engine
WO2020077441A1 (fr) Système de négociation électronique qui détermine et rétracte automatiquement des offres conflictuelles après acceptation d'offre pour éviter un surengagement sans restreindre les négociations
WO2008028254A1 (fr) Systèmes et procédés pour faciliter des transactions de biens immobiliers
US20180075373A1 (en) System and method for a care services marketplace
AU2021107626A4 (en) Real estate buyer identification tool and method of use
US20170178228A1 (en) Computer-implemented system and method for listing and exchanging goods and services
KR102597678B1 (ko) 배송기간이 단축되며 구매희망자가 안심하고 편리하게 이용할 수 있는 해외 구매대행 서비스 방법
US20230368283A1 (en) Method and system for online auctions
US20140279156A1 (en) Method and Computer Medium for Facilitating a Buyer-initiated Transaction in Commerce

Legal Events

Date Code Title Description
121 Ep: the epo has been informed by wipo that ep was designated in this application

Ref document number: 15850509

Country of ref document: EP

Kind code of ref document: A1

NENP Non-entry into the national phase

Ref country code: DE

122 Ep: pct application non-entry in european phase

Ref document number: 15850509

Country of ref document: EP

Kind code of ref document: A1