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System and method for enabling service providers to create real-time reverse auctions for location based services

  • US 20080177653A1
  • Filed: 01/18/2008
  • Published: 07/24/2008
  • Est. Priority Date: 01/22/2007
  • Status: Abandoned Application
First Claim
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1. A method of enabling service providers to create real-time reverse auctions for location based services comprising the steps of:

  • determining a location where service is requested;

    providing details of the requested service;

    identifying service affiliates capable of providing the requested service;

    notifying identified service affiliates of an opportunity to bid in an auction;

    providing auction related information to bidding service affiliates;

    executing the auction;

    notifying the winning bidder; and

    settling with the winning bidder.

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