Patent ID: 7890375
Filing Date: 2011-02-15
Classification: G06Q

Abstract:
1. A method to facilitate a transaction via a network-based transaction facility, the method including: recording a pre-order relating to an item in a processor-implemented database of the transaction facility, the pre-order specifying a plurality of pre-order attributes including a minimum pre-order product condition and minimum seller rating; receiving an offer to sell the item at the transaction facility, the offer specifying a plurality of offer attributes including an offer product condition and a seller rating; automatically performing with processor-implemented matching logic a matching operation to detect a correspondence between the pre-order and the offer, the matching operation utilizing the plurality of pre-order attributes and the plurality of the offer attributes to detect the correspondence; and responsive to the processor-implemented matching logic detecting a correspondence between the pre-order and the offer, automatically performing a transaction when the plurality of pre-order attributes are satisfied by the plurality of the offer attributes, wherein, if a batch of offers are detected matching the pre-order, the matching pre-orders are set to a reserve state, and wherein a second transaction is performed when one of the pre-orders is confirmed.