Patent ID: 11900404
Assignee: XCIRA, INC
Field: IT methods for management (Electrical engineering)
Classification: CPC G | IPC G

Claim 6:
7. A system for automatically generating real-time guaranteed offers for assets in plurality of assets to be auctioned in a plurality of auctioning events, the system comprising:
a processor,
a memory element containing instructions which when executed by the processor provides the functions of:
an asset identification engine that identifies each of the plurality of assets to be offered in each auctioning event;
a baseline price assessment engine that conducts a baseline price assessment of the plurality of assets to identify a baseline price;
a depreciation assessment engine that conducts a depreciation assessment of the plurality of assets to obtain a depreciation value;
a demographics assessment engine that sets an interest level value for each auctioning event by identifying the buyer audience for each of the plurality of auctioning events and identifying an interest level of each buyer audience;
a conversion probability assessment engine that conducts a conversion probability assessment of the plurality of assets to obtain a probability adjustment value;
the processor further performs a real-time adjustment of the baseline price for the plurality of assets in view of the depreciation value, the interest level value and the probability adjustment value for each buyer audience and each auctioning event of the plurality of auctioning events; and
presenting the plurality of assets in each of the plurality of auctioning events at the adjusted baseline price as the guaranteed offer for the plurality of assets for the buyer audience associated with the auctioning event, whereby simultaneously occurring auctioning events receive the plurality of assets at the adjusted baseline price in real-time.