Patent ID: 7835944

Claim:
A real-time auction method displaying bidding rankings in real time, comprising: selecting an auction server for performing an auction between participants wired or wirelessly connected to the auction server; connecting participants to the auction server, each participant uses a terminal that presents an auction screen for displaying auction information from said auction server; a ranking displaying step of displaying bidding prices on the auction screen in order of ranking in the case where the participants present the bidding prices; a bidding extending step performed by said auction server of extending a bidding time if a highest bidding price is lower than a predetermined desired bidding price or a difference between a highest bidding price and a next highest bidding price is less than a predetermined difference when a first set bidding time ends, and allowing only bidders presenting the highest bidding price and the next highest bidding price to participate in the extended auction; and, a successful bid determining step of displaying a successful bidding price and a successful bidder when a finally set bidding time ends.