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.

Date of Patent:
Nov. 16, 2010

Filed:

Jul. 02, 2004
Applicants:

Bob Samuel Schoen, Atlanta, GA (US);

Tom Kemp Davis, Atlanta, GA (US);

Gordon Murray Warren, Alpharetta, GA (US);

Joe Luppino, Alpharetta, GA (US);

Inventors:

Bob Samuel Schoen, Atlanta, GA (US);

Tom Kemp Davis, Atlanta, GA (US);

Gordon Murray Warren, Alpharetta, GA (US);

Joe Luppino, Alpharetta, GA (US);

Assignee:

Manheim Investments, Inc., Las Vegas, NV (US);

Attorney:
Primary Examiner:
Int. Cl.
CPC ...
G06Q 40/00 (2006.01);
U.S. Cl.
CPC ...
Abstract

A live auction or other sales transaction permits sellers to dynamically participate from remote locations. The remotely-located seller receives a simulcast of the auction in progress and is able to at any time indicate to the auctioneer an approval to sell an item on the block at the current high bid price. The remote seller may also send a counteroffer to the current high bidder, 'if' the sale or reject the high bid to result in a no sale. The computer system detects when the remote seller is temporarily inactive to allow the auctioneer to proceed as if the seller were not present. The remote seller feature can be used on sales with remote buyers, sales with all buyers located at the same location as the goods being offered, or a combination.


Find Patent Forward Citations

Schoen, Bob. (2010). Computer-assisted method and apparatus for absentee sellers to participate in auctions and other sales (U.S. Patent No. 7835982). U.S. Patent and Trademark Office. https://idiyas.com/patent/badge/7835982

Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile

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