IP Library Granted Patent US 7,251,620
Granted Patent B2
US 7,251,620 · App. 10/189,310 · Granted Jul 31, 2007

Process and product for determining an amount of posting payment

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Quick Facts
Patent No.
US 7,251,620
App. No.
10/189,310
Granted
Jul 31, 2007
Kind
B2
Abstract

Products and processes are provided in which information is received about a post for an item to be sold. The information may include, e.g., the class and type of item being sold, the reputation of a seller, a floor price below which the item will not be sold, a condition of the item and peripherals included with the item. Based on the received information, a posting payment amount is determined.

Claims (17)

1. A method comprising:

receiving first data indicating a purchase of an item by a buyer for a purchase price;

determining an expected difference between the purchase price and

a subsequent selling price of the item;

offering to the buyer a posting payment amount in exchange for posting the item if the difference exceeds a predetermined threshold;

receiving second data indicating a post of the item for sale by the buyer;

posting the item for sale; and

providing the posting payment amount to the buyer.

2. The method of claim 1 , in which the step of receiving first data comprises:

receiving the first data via a Web page.

3. The method of claim 1 , in which the step of providing the posting payment amount to the buyer is performed before the step of posting the item for sale.

4. The method of claim 1 , further comprising:

receiving a command from the buyer to post the item for sale,

in which the step or received a command is performed before the step of posting the item for sale.

5. The method of claim 1 , in which the step of posting the item for sale comprises:

generating a Web page indicating the item; and

making the Web page accessible for display.

Assignments (4)
LICENSE Recorded Aug 8, 2014
From: WALKER DIGITAL GAMING, LLC; WALKER DIGITAL GAMING HOLDING, LLC; WDG EQUITY, LLC; WALKER DIGITAL, LLC
To: IGT
Reel/Frame 033501/0023 →
RELEASE OF SECURITY INTEREST Recorded Dec 6, 2005
From: JSW INVESTMENTS, LLC
To: WALKER DIGITAL, LLC
Reel/Frame 018668/0615 →
RELEASE OF SECURITY INTEREST Recorded Jun 27, 2005
From: JSW INVESTMENTS, LLC
To: WALKER DIGITAL, LLC
Reel/Frame 017783/0080 →
SECURITY INTEREST Recorded Feb 13, 2003
From: WALKER DIGITAL, LLC
To: JSW INVESTMENTS, LLC
Reel/Frame 013740/0219 →