Patent ID: 8595076
Filing Date: 2013-11-26
Classification: G06Q

Abstract:
1. A method of buying and selling goods and/or services, including the steps of: a) providing a transaction website including a computerized server having a memory, said website: b) storing in said memory a listing of goods and/or services provided by prospective buyers that said prospective buyers wish to purchase but have not as yet located from a seller; c) storing in said memory seller offer responses to listings of specific goods and/or services buyers wish to purchase, said offer responses responding to respective listings of goods and/or services previously provided by prospective buyers; d) matching buyers and sellers based upon goods and/or services buyers wish to buy which sellers have available to sell, sellers being restricted on said transaction website solely to (1) responding to buyer listings of goods and/or services they wish to purchase, and (2) advertising general categories of goods/services they sell; e) a buyer using said website to negotiate a price for goods and/or services with a seller; f) a buyer using said website to negotiate a contract for purchase of said goods and/or services offered by a seller; g) arranging via said website payment terms, and delivery terms where applicable; and h) said website controlling flow of payments from buyer to seller pursuant to said contract; i) whereby buyers purchase goods and/or services from sellers while participating in (a) setting of prices through negotiation and (b) determining other terms and conditions essential to purchase of goods and/or services.