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Method and apparatus for a network system designed to actively match buyers and sellers in a buyer-driven environment

  • US 7,302,404 B2
  • Filed: 02/12/2001
  • Issued: 11/27/2007
  • Est. Priority Date: 02/14/2000
  • Status: Active Grant
First Claim
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1. A method of facilitating a transaction using a computer connected to a network to match buyers and sellers, the method comprising:

  • having said computer search websites on said network for want ads from buyers, said want ads referring to a wanted good or wanted service;

    having said computer search websites on said network for sell ads from sellers, said sell ads referring to an advertised good or wanted service;

    having said computer match at least one want ad with at least one sell ad based on programmed rules; and

    notifying the associated buyer who posted said want ad that at least one sell ad has been matched to said want ad.

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