The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Nov. 10, 2020
Filed:
Apr. 01, 2015
Nthgen Software Inc., Toronto, CA;
Mark Endras, Toronto, CA;
Hon-Wai Chia, Toronto, CA;
NthGen Software Inc., Toronto, CA;
Abstract
Using an average historical price for vehicles of similar parameters, a method is provided that allows sellers and a best bidder, following an inconclusive auction for a vehicle, to negotiate with confidence a closing price for a sale of the vehicle. The method and system provides the ability for the best bidder (or a second-best bidder) to enter a new bid, and for the seller to accept a previous bid or the new bid, if any, in light of the average historical price, without reopening the auction broadly to other bidders. A post-auction negotiation engine is also provided.
Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile