Commissions Futures Trading

• US 20090259587A1
• Filed: 04/15/2008
• Published: 10/15/2009
• Est. Priority Date: 04/15/2008
• Status: Abandoned Application

• Current Assignee: Shlomo Shnieberg
• Original Assignee: Shlomo Shnieberg
• Inventors: Shnieberg, Shlomo
• Application Number:
  US12/103,466
• Publication Number:
  US 20090259587A1
• Time in Patent Office: Days
• US Class Current: 705/39
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03

Abstract

Implementing a method for trading commissions includes purchasing an expected commission payment from a real-estate agent or real-estate brokerage firm in exchange for a payment of funds to the real-estate agent or the real-estate brokerage firm. The expected commission payment is associated with a real-estate transaction. Funds are transferred in exchange for the expected commission payment. The right to the funds is not conditioned on completion of the real-estate transaction.

Claims

1. A method for trading commissions comprising:

purchasing an expected commission payment from a real-estate agent in exchange for a payment of funds to the real-estate agent, wherein the expected commission payment is associated with a real-estate transaction; and

transferring funds to the real-estate agent in exchange for the expected commission payment, wherein the real-estate agent'"'"'s right to the funds is not conditioned on completion of the real-estate transaction.

2. The method of claim 1 further comprising calculating a commission purchase price before purchasing the expected commission payment.

3. The method of claim 2 wherein the commission purchase price is based on a discount cash flow model.

4. The method of claim 1 wherein the amount of funds transferred to the real-estate agent is equal to the commission purchase price.

5. The method of claim 2 wherein the commission purchase price is less than the expected commission payment.

6. The method of claim 1 further comprising receiving a realized commission payment after the real-estate transaction is completed.

7. The method of claim 6 wherein a real-estate brokerage firm transfers the realized commission payment.

8. The method of claim 6 wherein the real-estate agent transfers the realized commission payment.

9. The method of claim 6 wherein a real-estate developer transfers the realized commission payment.

10. The method of claim 6 wherein an owner of property involved in the real-estate transaction transfers the realized commission payment

11. A method for trading commissions comprising:

purchasing an expected commission payment from a real-estate brokerage firm in exchange for a payment of funds to the real-estate brokerage firm, wherein the expected commission payment is associated with a real-estate transaction; and

transferring funds to the real-estate brokerage firm in exchange for the expected commission payment, wherein the real-estate brokerage firm'"'"'s right to the funds is not conditioned on completion of the real-estate transaction.

12. The method of claim 11 further comprising calculating a commission purchase price before purchasing the expected commission payment.

13. The method of claim 12 wherein the commission purchase price is based on a discount cash flow model.

14. The method of claim 11 wherein the amount of funds transferred to the real-estate brokerage firm is equal to the commission purchase price.

15. The method of claim 12 wherein the commission purchase price is less than the expected commission payment.

16. The method of claim 11 further comprising receiving a realized commission payment after the real-estate transaction is completed.

17. The method of claim 16 wherein the real-estate brokerage firm transfers the realized commission payment.

18. The method of claim 16 wherein an owner of property involved in the real-estate transaction r transfers the realized commission payment.

19. The method of claim 16 wherein a real-estate developer transfers the realized commission payment.

20. A machine implemented method for trading commissions online comprising:

creating an account for a real-estate agent;

purchasing an expected commission payment from the real-estate agent in exchange for a payment of funds to the real-estate agent, wherein the expected commission payment is associated with a real-estate transaction; and

transferring funds to the real-estate agent in exchange for the expected commission payment, wherein the real-estate agent'"'"'s right to the funds is not conditioned on completion of the real-estate transaction.

21. The method of claim 20 further comprising:

receiving information associated with the real-estate transaction; and

calculating a commission purchase price before purchasing the expected commission payment.

22. The method of claim 21 wherein the commission purchase price is based on a discount cash flow model.

23. The method of claim 20 further comprising receiving a realized commission payment after the real-estate transaction is completed.

24. The method of claim 23 wherein a real-estate brokerage firm transfers the realized commission payment.

25. The method of claim 23 wherein the real-estate agent transfers the realized commission payment.

26. The method of claim 23 wherein a real-estate developer transfers the realized commission payment.

27. The method of claim 23 wherein an owner of property involved in the real-estate transaction transfers the realized commission payment.

28. An online commission trading system comprising:

a communications network; and

a server coupled to the communication network configured to;

create an account for a real-estate agent;

purchase the expected commission payment from a real-estate agent in exchange for a payment of funds to the real-estate agent, wherein the expected commission payment is associated with a real-estate transaction; and

transfer funds to the real-estate agent in exchange for the expected commission payment, wherein the real-estate agent'"'"'s right to the funds is not conditioned on completion of the real-estate transaction.

29. The online commission trading system of claim 28 wherein the server is further configured to:

receive information associated with the real-estate transaction; and

calculate a commission purchase price before purchasing the expected commission payment calculate a commission purchase price before the expected commission payment is purchased.

30. The online commission trading system of claim 28 wherein the server is further configured to receive a realized commission payment after the real-estate transaction is completed.

31. The online commission trading system of claim 28 wherein the server is further configured to provide status messages related to the sale of the expected commission payment.

32. The online commission trading system of claim 30 wherein the server is configured to receive the realized commission payment from an owner of property involved in the real-estate transaction.

33. The online commission trading system of claim 30 wherein the server is configured to receive the realized commission payment from the real-estate brokerage firm.

34. A machine implemented method for trading commissions online comprising:

creating an account for a real-estate brokerage firm;

purchasing an expected commission payment from the real-estate brokerage firm in exchange for a payment of funds to the real-estate brokerage firm, wherein the expected commission payment is associated with a real-estate transaction; and

transferring funds to the real-estate brokerage firm in exchange for the expected commission payment, wherein the real-estate brokerage firm'"'"'s right to the funds is not conditioned on completion of the real-estate transaction.

35. The method of claim 34 further comprising:

receiving information associated with the real-estate transaction; and

calculating a commission purchase price before purchasing the expected commission payment.

36. The method of claim 34 wherein the commission purchase price is based on a discount cash flow model.

37. The method of claim 34 further comprising receiving a realized commission payment after the real-estate transaction is completed.

38. The method of claim 37 wherein the real-estate brokerage firm transfers the realized commission payment.

39. The method of claim 37 wherein an owner of property involved in the real-estate transaction transfers the realized commission payment.

40. The method of claim 37 wherein a real-estate developer transfers the realized commission payment.