Patent ID: 7987113

Claim:
A method of determining a commission, comprising: providing from a server a plurality of selectable variables to an electronic device, the plurality of selectable variables associated with a real estate asset for sale; receiving at the server a selection of at least one variable from the plurality of selectable variables sent from the electronic device; calculating at the server a commission associated with a sale of the real estate asset based at least partially on the selection of at least one variable from the plurality of selectable variables; providing from the server the calculated commission to the electronic device; receiving at the server from the electronic device an indication that the calculated commission is one of accepted or rejected; after the receiving, updating at the server a value associated with at least one variable from the plurality of selectable variables based on at least one of a change of market condition or a change of economic condition associated with the at least one variable from the plurality of selectable variables; and after the updating, recalculating at the server the commission for the same sale of the same real estate asset based on the updated value of the at least one variable from the plurality of selectable variables.