SYSTEM AND METHOD FOR COUNTERBIDDING PROCESS IN AN ONLINE AUCTION
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United States of America Patent
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app pub date -
Oct 19, 2016
filing date -
Oct 19, 2016
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Abstract
A method for conducting an online auction conducts, by an online auction system, the online auction to generate a final online auction bid. The online auction system determines whether to generate a counterbid offer responsive to first data relating to a seller and second data relating to a buyer providing the final online auction bid. The online auction system then completes the sale of the vehicle responsive to the determination to generate the counterbid offer.
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