Patent ID: 8160928

Claim:
A method for electronic listing within a commerce system, the method including: creating a seller listing for a quantity of an item for sale, the listing including an offer option for a buyer to make an offer for the item and an auction option for the buyer to make a bid for the item; posting the seller listing on the commerce system, the seller listing being accessible via a network to which the commerce system is coupled; receiving, at the commerce system and via the network, an offer from each of one or more potential buyers for the item; providing, via the network to the seller, a user interface to receive input with regard to received offers, the user interface adapted to receive input with regard to each offer including: an option to accept, reject, or ignore the individual offers received, wherein ignored best offers expire after a period; and a text field to receive text to be included with a notice to the respective potential buyer that the pending best offer is rejected or accepted; receiving via the user interface, at the commerce system and via the network, from the seller, an acceptance of one or more of the offers; and automatically ending the item offered for sale if the number of accepted offers is equal to the quantity of the item for sale.