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Method and system for providing a transaction platform for pre-owned merchandise

  • US 10,275,813 B2
  • Filed: 06/15/2015
  • Issued: 04/30/2019
  • Est. Priority Date: 07/08/2014
  • Status: Active Grant
First Claim
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1. A computer-executable method for facilitating trading of pre-owned items, the method comprising:

  • receiving, at a server over a computer network, recycle information associated with an item that a first user intends to purchase, wherein the recycle information specifies the first user, item identification information, and price information associated with the item, and wherein the price information is specific to a set of predetermined attributes associated with the item;

    storing the recycle information in a database;

    receiving, at the server over the computer network, a request for an offer price for a for-sale item that a second user intends to sell;

    in response to the for-sale item being machine-accessible, causing an application on a client machine associated with the second user to extract, directly from the for-sale item, attribute values specific to the for-sale item corresponding to the set of predetermined attributes;

    querying the database to identify one or more users who intend to purchase the for-sale item based on the corresponding item identification information;

    calculating offer prices provided by the identified users for the for-sale item based on the corresponding price information and the extracted attribute values; and

    providing a list of the identified users and the calculated offer prices associated with the for-sale item to the second user.

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