SYSTEM AND METHOD FOR PROVISIONING ASSETS FOR ONLINE TRANSACTIONS

1 . A method for provisioning a real property asset for sale in an online medium, the method being implemented by one or more processors and comprising:

(a) receiving information pertaining to the real property asset from a seller of the real property asset;

(b) determining, from the information, a set of parameters about the real property asset, the set of parameters including one or more required parameters;

(c) using the set of parameters to select a set of agreements that are to control completion of the real property asset being sold using the online medium; and

(d) making the real property asset available for sale using the selected set of contracts.

2 . The method of claim 1 , wherein (b) determining a geographic region of the real property asset and a type of the real property asset, and wherein (c) includes determining at least one contract for use in completing a transaction for the real property asset based on the geographic region and the type of real property asset.

3 . The method of claim 2 , wherein determining at least one contract includes selecting a contract from a library of contract based at least in part on the set of parameters, including the geographic region and the type of the real property asset.

4 . The method of claim 1 , wherein (b) includes determining the set of parameters including a type of a seller for the real property asset.

5 . The method of claim 1 , wherein (b) includes determining the set of parameters including an occupancy characterization for the real property asset.

6 . The method of claim 1 , wherein the real property asset corresponds to a real-estate property, and wherein (b) includes determining the set of parameters including a type of the real property asset.

7 . The method of claim 1 , wherein the real property asset corresponds to a real-estate property, and wherein (b) includes determining a legal characterization of the real property asset that subjects the real property asset to federal or state laws.

8 . The method of claim 1 , wherein (d) includes making the real property asset available for sale on an online auction.

9 . The method of claim 1 , further comprising validating the real property asset and the seller.

10 . The method of claim 9 , wherein validating the real property asset includes verifying an address of the real property asset.

11 . The method of claim 10 , wherein validating the real property asset includes verifying that the seller has authority to sell the real property asset.

12 . The method of claim 1 , wherein (b) includes inferring at least one parameter based on the information received from the seller.

13 . The method of claim 12 , wherein inferring at least one parameter is based on a geographic location of the real property asset.

14 . The method of claim 12 , wherein inferring at least one parameter is based on an address of the real property asset.

15 . A method for provisioning a real property asset for sale in an online medium, the method being implemented by one or more processors and comprising:

(a) receiving information pertaining to the real property asset from a seller of the real property asset;

(b) enabling information about the real property asset to be searched and viewed by a population of buyers during a pre-auction period;

(c) performing one or more steps to validate the real property asset and that the seller has authority to sell the real property asset; and

(d) making of the real property asset available for sale during an auction period, the auction period being initiated after the pre-auction period is over.

16 . The method of claim 15 , wherein performing the one or more steps includes performing one or more steps to verify an address of the of the real property asset.

17 . The method of claim 15 , wherein performing the one or more steps includes performing one or more steps to verify an authority of the seller to sell the property asset.

18 . The method of claim 15 , further comprising programmatically formatting the information received from the seller so the information pertaining to the real property asset is recorded in accordance with a convention.