Patent ID: 7353183
Filing Date: 2008-04-01
Classification: G06Q

Abstract:
1. A method of assisting a listing agent and a buyer's agent in at least one transaction to close a purchase and sale of a property between a seller and a buyer comprising steps of: a) retrieving at least one form document from a real estate forms database; b) retrieving at least one system task from a task table; c) associating said at least one form document with said at least one system task; d) accepting input from the buyer's agent identifying at least one preliminary transaction task which corresponds to said at least one system task, whereby said at least one preliminary transaction task is associated with said at least one form document due to said document's association with said at least one system task; e) accepting input from the buyer's agent establishing a task schedule consisting of a start date and a due date for said at least one preliminary transaction task; f) generating a preliminary Gantt chart consisting of: g) displaying the preliminary Gantt chart to the buyer's agent; h) accepting input from the buyer's agent selecting the form document access indicator which is associated with said at least one preliminary transaction task, and displaying said at least one form document to the buyer's agent; i) accepting input from the buyer's agent causing said at least one form document to be provided to the buyer, whereby the at least one preliminary transaction task is completed; j) automatically updating the preliminary Gantt chart at the time and on the date corresponding to the date said at least one form document is provided to the buyer; k) accepting input from the buyer's agent which identifies a buyer, the buyer's contact information, the buyer's agent, the buyer's agent's contact information and the address of the listed property; l) based upon the address of the listed property, retrieving information which identifies the seller, the seller's contact information, the listing agent, the listing agent's contact information, and a description of the property from a multiple listing service database; m) retrieving a purchase and sale agreement form document from the real estate forms database; n) retrieving a purchase and sale agreement system task from the task table; o) associating said purchase and sale agreement form document with said purchase and sale agreement system task; p) accepting input from the buyer's agent identifying a purchase and sale agreement preliminary transaction task which corresponds to said purchase and sale agreement system task, whereby said purchase and sale agreement preliminary transaction task is associated with said purchase and sale agreement form document due to said document's association with said purchase and sale agreement system task; q) accepting input from the buyer's agent establishing a task schedule consisting of a start date and a due date for said purchase and sale agreement preliminary transaction task; r) generating a preliminary Gantt chart also consisting of: s) displaying the preliminary Gantt chart to the buyer's agent; t) accepting input from the buyer's agent selecting the form document access indicator which is associated with said purchase and sale agreement preliminary transaction task, and displaying said purchase and sale agreement form document to the buyer's agent; u) automatically completing a first portion of the purchase and sale agreement form document using the information obtained in steps (k) and (l) above and displaying the document to the buyer's agent; and v) accepting input from the buyer's agent which completes a second portion of the purchase and sale agreement form document, said input consisting of at least one set of task schedule information; w) retrieving at least one vendor from a vendor database; x) associating a vendor order form with said at least one vendor; y) retrieving at least one additional system task from the task table; z) associating said at least one vendor with said at least one additional system task; aa) associating said at least one set of task schedule information with said at least one additional system task; bb) accepting input from the buyer's agent identifying at least one additional transaction task which corresponds to said at least one additional system task, whereby said at least one additional transaction task is associated with said at least one vendor due to said vendor's association with said at least one additional system task, and said at least one additional transaction task is also associated with said at least one set of task schedule information due to said information's association with said at least one system task; cc) extracting a start date and a due date from the at least one set of task schedule information for said at least one additional transaction task; dd) generating a consolidated Gantt chart, consisting of the preliminary Gantt chart and further consisting of: ee) displaying the consolidated Gantt chart to the buyer's agent and listing agent; ff) accepting input from the buyer's agent selecting the vendor access indicator which is associated with the at least one additional transaction task which corresponds to said desired vendor service, displaying said at least one vendor to the buyer's agent, accepting input from the buyer's agent selecting a vendor out of the said at least one vendor, automatically completing a first portion of the vendor order form associated with the selected vendor using the information obtained in steps (k) and (l) above, and displaying the vendor order form containing the first completed portion to the buyer's agent; gg) accepting input from the buyer's agent consisting of a request for a vendor response from the vendor and a desired date by which the desired vendor service must be completed, said input completing a second portion of the vendor order form, and providing the vendor order form, containing the first and second completed portions, to the selected vendor; hh) accepting input from the selected vendor consisting of the vendor response and a promised date by which the vendor agrees to complete the desired vendor service, said input completing a third portion of the vendor order form, and providing the vendor order form, containing the first, second and third completed portions, to the buyer's agent requesting a response from said agent; ii) accepting input from the buyer's agent responding to the vendor by accepting the vendor response, whereby the vendor agrees to provide the desired vendor service and the buyer's agent agrees, on behalf of the buyer, to pay for the service; and jj) automatically updating the consolidated Gantt chart at the time and on the date corresponding to the date when the buyer's agent provides said vendor order form to the selected vendor requesting a response, and when the selected vendor's response is accepted by the buyer's agent.