Patent ID: 11694218

Abstract:
Disclosed herein are embodiments for automated intelligent price guidance of listings for a for sale object (FSO) being offered by a seller. Some embodiments may operate by: receiving information relating to the FSO, including specifications for selling the FSO, wherein the specifications include an original offer price and a time window for selling the FSO; determining a category of the FSO; generating an optimal offer price for the FSO based on one or more of: (a) past listings of previously sold FSOs that have a same or similar category of the FSO; (b) the specifications, including the time window; (c) a category decay curve applicable to the category; and (d) seller flexibility curve of the seller; and through the use of a machine learning neural networking analysis suggesting the optimal offer price to the seller as an offer price for a listing corresponding to the FSO, wherein this price is evaluated over time and suggestions are made accordingly.