IP Library Granted Patent US 8,626,583
Granted Patent B1
US 8,626,583 · App. 13/489,664 · Granted Jan 7, 2014

System and method for directing and instructing customers to deal with specific merchants using incentives

Inventor: David R. Forward (Potomac, MD)
Assignee: Market Leader, Inc.
View Patent ↗
Loading inventors, assignments & file history…
Monitor This Case
Get email alerts when status or documents change.
Order Certified Copies
Most orders are placed with the USPTO same day — all within 24 business hours.
Order via The Patent Place →
Pre-filled with this patent's details
Quick Facts
Patent No.
US 8,626,583
App. No.
13/489,664
Granted
Jan 7, 2014
Kind
B1
Abstract

A buyer-seller matching system that uses incentives to verify commissions from matching a buyer with a seller. The system can include a repository of information about items for purchase. Items may be located by a user over a network. Each item may be paired with incentive that is awarded if that item is purchased from a designated third party. If the user purchases the item, the seller pays the system an agreed upon fee and also issues the buyer a certification of purchase. The user may then receive the incentive from the system. The system can check to verify that it has received a fee or commission from the seller for bringing the seller a buyer of the item.

Claims (29)

1. A method for providing, via an item locator system, an incentive for an item purchase, comprising:

providing, from an item locator system to a buyer, a listing of an item offered for sale by a seller and incentive information describing an incentive available to the buyer upon purchase of the item from the seller;

receiving, at the item locator system, proof of a commission paid by the seller for purchase of the item from the seller; and

electronically providing, from the item locator system, the incentive to the buyer, in response to receipt of the proof of a commission paid by the seller, only if the buyer did not utilize a co-broker for the purchase of the item, other than the item locator system, wherein the seller is other than the item locator system.

2. The method of claim 1 , wherein the step of providing, from an item locator system to a buyer, a listing of an item offered for sale by a seller and incentive information describing an incentive available to the buyer upon purchase of the item from the seller, wherein the seller is other than the item locator system comprises displaying the item and the incentive information on a web page.

3. The method of claim 1 , wherein the item is a new home.

4. The method of claim 1 , wherein the item is a used home.

5. The method of claim 1 , wherein the item is real property.

6. A method for providing, via an item locator system, an incentive for an item purchase, comprising:

providing, from an item locator system to a buyer, a listing of an item offered for sale by a seller and incentive information describing an incentive available to the buyer upon purchase of the item from the seller;

receiving, at the item locator system, proof of a commission paid by the seller for purchase of the item from the seller; and

electronically providing, through the item locator system, the incentive to the buyer, in response to receipt of the proof of a commission paid by the seller, only if the buyer utilized a buyer's agent with a fee arrangement with the item locator system, wherein the seller is other than the item locator system.

7. The method of claim 6 , wherein the step of providing, from an item locator system to a buyer, a listing of an item offered for sale by a seller and incentive information describing an incentive available to the buyer upon purchase of the item from the seller, wherein the seller is other than the item locator system comprises displaying the item and the incentive information on a web page.

8. The method of claim 6 , wherein the item is a new home.

9. The method of claim 6 , wherein the item is a used home.

10. The method of claim 6 , wherein the item is real property.

11. A method for receiving an incentive for an item purchase, comprising:

locating, using an item locator system, an item for sale by a seller and incentive information describing an incentive available to a buyer upon purchase of the item from the seller;

completing a purchase of the item from the seller located through the item locator system; and

electronically receiving the incentive, from the item locator system in return for purchasing the item from the seller, wherein the incentive is received only if either a co-broker, other than the item locator system, was not used or a buyer's agent with a fee arrangement with the item locator system was used, wherein the seller is other than the item locator system.

12. The method of claim 11 , wherein the step of locating, using an item locator system, an item for sale by a seller and incentive information describing an incentive available to a buyer upon purchase of the item from the seller, wherein the seller is other than the item locator system comprises viewing the item and the incentive information on a web page.

13. The method of claim 11 , further comprising providing proof of funding of a purchase.

14. The method of claim 11 , wherein the item is a new home.

15. The method of claim 11 , wherein the item is a used home.

16. The method of claim 11 , wherein the item is real property.

17. The method of claim 11 wherein the incentive is received only if a co-broker, other than the item locator system, was not used.

18. The method of claim 11 wherein the incentive is received only if a buyer's agent with a fee arrangement with the item locator system was used.

19. The method of claim 11 wherein the incentive in the item locator system for the item is based on the value of the item.

20. The method of claim 11 wherein the item locator system is implemented over a television network.

Assignments (11)
MERGER Recorded Jan 12, 2023
From: PUSH SUB I, INC.
To: MFTB HOLDCO, INC.
Reel/Frame 062389/0035 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Jan 11, 2023
From: ZILLOW, LLC
To: PUSH SUB I, INC.
Reel/Frame 062353/0901 →
ARTICLES OF ENTITY CONVERSION AND CERTIFICATE OF FORMATION Recorded Dec 15, 2022
From: ZILLOW, INC.
To: ZILLOW, LLC
Reel/Frame 062136/0427 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Feb 8, 2021
From: FASTSTART REAL ESTATE SERVICES HOLDCO, INC.
To: ZILLOW, INC.
Reel/Frame 055179/0071 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Nov 30, 2016
From: OXFORD MANAGEMENT, INC.; NEWHOMESAMERICA.COM, INC.; FORWARD, DAVID R.
To: INTERNEST, INC.
Reel/Frame 040465/0819 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Nov 30, 2016
From: INTERNEST, INC.
To: INEST REALTY, INC.
Reel/Frame 040465/0916 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Nov 30, 2016
From: INEST REALTY, INC.
To: REALESTATE.COM, INC.
Reel/Frame 040466/0089 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Nov 30, 2016
From: REALESTATE.COM, INC.
To: MARKET LEADER, INC.
Reel/Frame 040466/0191 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Nov 30, 2016
From: NEWHOMESAMERICA.COM, INC.
To: OXFORD MANAGEMENT, INC.
Reel/Frame 040465/0649 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Nov 30, 2016
From: FORWARD, DAVID R.
To: NEWHOMESAMERICA.COM, INC.
Reel/Frame 040465/0545 →
CHANGE OF NAME Recorded Nov 29, 2016
From: MARKET LEADER, INC.
To: FASTSTART REAL ESTATE SERVICES HOLDCO, INC.
Reel/Frame 040456/0034 →
Continuity (2)
Continuation 12119855 · May 13, 2008
Continuation 11182400 · Jul 15, 2005