SYSTEMS AND METHODS FOR TRANSFERRING ITEMS WITH RESTRICTED TRANSFERABILITY

• US 20080195493A1
• Filed: 04/18/2008
• Published: 08/14/2008
• Est. Priority Date: 09/28/1999
• Status: Active Grant

• Current Assignee: CFPH LLC (Cantor Fitzgerald, L.P.)
• Original Assignee: CFPH LLC (Cantor Fitzgerald, L.P.)
• Inventors: Lutnick, Howard W., Ginsberg, Philip M., Kirwin, Glenn D., Fraser, Stuart A.
• Granted Patent: US 8,527,356 B2
• Time in Patent Office: Days
• US Class Current: 705/14.36
• CPC Class Codes: G06Q 10/02 Reservations, e.g. for tickets, services or events
• CPC Class Codes: G06Q 30/0236 Incentive or reward received by requiring registration or ID from user
• CPC Class Codes: G06Q 30/06 Buying, selling or leasing transactions
• CPC Class Codes: G06Q 30/0601 Electronic shopping [e-shopping]
• CPC Class Codes: G06Q 30/0607 Regulated
• CPC Class Codes: G06Q 30/0609 Buyer or seller confidence or verification
• CPC Class Codes: G06Q 30/0613 Third-party assisted
• CPC Class Codes: G06Q 30/0633 Lists, e.g. purchase orders, compilation or processing
• CPC Class Codes: G06Q 30/0641 Shopping interfaces
• CPC Class Codes: G06Q 30/08 Auctions
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
• CPC Class Codes: G06Q 50/12 Hotels or restaurants

Abstract

The invention is systems and methods for transferring items with restricted transferability. Initially, the systems and methods wait for a first consumer to make a request to transfer an item after having purchased the item from a provider. The systems and methods then send a request to transfer the item to the provider. This request may indicate inducements to the provider to authorize the transfer. If the transfer is authorized, the systems and methods then present information regarding the item to other consumers. This information may be presented as part of a bidding interface or as part of an advertising interface. Once the second consumer submits a winning bid for the item when the information is presented in a bidding interface, or an acceptable offer when the information is presented in an advertising interface, the transfer of the item can then be completed with or without the assistance of an intermediary. When the transfer is completed without the assistance of an intermediary, the first and second consumer may directly transfer the item and payment to each other. When the transfer is completed with the assistance of an intermediary, the first consumer may send the item to the intermediary and the second consumer may send payment to the intermediary. Once both the item and the payment have been received at the intermediary, the intermediary may send the item to the second consumer and all or part of the payment to the first consumer.

Claims

1. A method comprising:

receiving from a first consumer a request to sell an item, in which the item comprises at least one restriction on transferability;

based at least in part on a provider, other than the first consumer, having authorized for the item a transfer that is contrary to the at least one restriction on transferability, causing information about the item to be presented via a computer to at least a second consumer;

receiving from the second consumer an indication to purchase the item; and

causing the item to be transferred from the first consumer to the second consumer.

2. The method of claim 1, further comprising:

based at least in part on the provider having authorized for the item the transfer that is contrary to the at least one restriction on transferability, determining at least one additional restriction on transferability of the item;

in which the provider placed on the item the at least one additional restriction on transferability; and

in which causing the item to be transferred comprises causing the item to be transferred from the first consumer to the second consumer subject to the at least one additional restriction on transferability.

3. The method of claim 2, in which the at least one additional restriction on transferability of the item comprises a minimum price at which the first consumer may resell the item.

4. The method of claim 2, in which the at least one additional restriction on transferability of the item comprises a maximum number of items that may be sold by the first consumer.

5. The method of claim 1, further comprising:

causing the second consumer to make a payment for the item; and

causing the provider to receive at least a portion of the payment from the second consumer.

6. The method of claim 1, further comprising:

based at least in part on the provider having authorized for the item the transfer that is contrary to the at least one restriction on transferability, causing the provider to receive a payment.

7. The method of claim 6, in which an amount of the payment comprises a flat fee.

8. The method of claim 6,

in which the second consumer is charged a price for the item;

and

in which an amount of the payment comprises a percentage of the price.

9. The method of claim 1, in which the at least one restriction on transferability applies to at least the first consumer.

10. The method of claim 1, in which the provider placed on the item the at least one restriction on transferability.

11. The method of claim 1, in which the at least one restriction on transferability comprises the item being non-transferable.

12. The method of claim 1, in which the at least one restriction on transferability comprises a restriction on a price at which the first consumer may resell the item.

13. The method of claim 12, further comprising:

based at least in part on the provider having authorized for the item the transfer that is contrary to the at least one restriction on transferability, determining at least one additional restriction on transferability of the item; and

in which the at least one additional restriction on transferability of the item comprises a minimum price at which the first consumer may resell the item.

14. The method of claim 1, in which the first consumer purchased the item directly or indirectly from the provider.

15. The method of claim 1, further comprising:

causing to be presented to the first consumer a plurality of options, in which the options comprise to transfer the item by auctioning the item and to transfer the item by advertising the item, in which advertising the item comprises posting a price;

receiving from the first consumer a selection, in which the selection comprises one of;

to transfer the item by auctioning the item, and

to transfer the item by advertising the item; and

in which causing the information about the item to be presented via the computer comprises causing the information to be presented, at least in part, as part of an auction when the selection by the first consumer comprises to transfer the item by auctioning the item, and causing the information to be presented, at least in part, as an advertisement when the selection by the first consumer comprises to transfer the item by advertising the item.

16. The method of claim 1, in which causing the item to be transferred from the first consumer to the second consumer comprises:

causing the item, with respect to the first consumer, to be voided; and

causing the item to be reissued to the second consumer.

17. The method of claim 1, in which causing the item to be transferred from the first consumer to the second consumer comprises:

causing the first consumer to be notified to send the item to an intermediary, in which the intermediary subsequently sends the item to the second consumer.

18. The method of claim 1, in which the item comprises at least one of:

at least one ticket,

a reservation, and

an item on which a non-refundable deposit has been paid.

19. The method of claim 1, in which the indication to purchase the item comprises at least one of a bid to purchase the item and an offer to purchase the item.

20. An apparatus comprising a at least one computing device operable to:

receive from a first consumer a request to sell an item, in which the item comprises at least one restriction on transferability;

based at least in part on a provider, other than the first consumer, having authorized for the item a transfer that is contrary to the at least one restriction on transferability, cause information about the item to be presented to at least a second consumer;

receive from the second consumer an indication to purchase the item; and

cause the item to be transferred from the first consumer to the second consumer.