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  Method and system for registering potential acquirers of assets that are not currently on the marketUSPTO Application #: 20060167710Title: Method and system for registering potential acquirers of assets that are not currently on the market Abstract: A register interest system receives from a potential acquirer of assets an indication that the potential acquirer is interested in acquiring rights in a specific asset that is not currently on the market. The register interest system stores indications that the potential acquirers are interested in specific assets. When a notification criterion has been satisfied, then the register interest system notifies the owner of the specific asset that one or more potential acquirers are interested in acquiring rights to that asset. The owner and a potential acquirer can then negotiate the purchase of the rights. (end of abstract) Agent: Perkins Coie LLP Patent-sea - Seattle, WA, US Inventors: Martin T. King, Henry Happel, Jerry Gnuschke, James Q. Stafford-Fraser USPTO Applicaton #: 20060167710 - Class: 705001000 (USPTO) Related Patent Categories: Data Processing: Financial, Business Practice, Management, Or Cost/price Determination, Automated Electrical Financial Or Business Practice Or Management Arrangement The Patent Description & Claims data below is from USPTO Patent Application 20060167710. Brief Patent Description - Full Patent Description - Patent Application Claims
CROSS-REFERENCE TO RELATED APPLICATION(S) [0001] This application claims the benefit of U.S. Provisional Application No. 60/647,353 filed on Jan. 25, 2005, entitled "SYSTEM AND METHOD FOR PREMARKETING HIGH VALUE ASSETS," which is hereby incorporated by reference. TECHNICAL FIELD [0002] The described technology relates generally to computer systems for facilitating the sale of assets. BACKGROUND [0003] Currently, assets such as residential real estate properties are typically sold from a seller to a buyer who are each represented by their own real estate agents. When a seller wants to sell their house, the seller elicits the services of a sellers' agent who markets the house and assists in the pricing of the house and in the negotiating of final purchase price. To market a house, the sellers' agent may list the house using a multiple listing service ("MLS") that advertises the house to other real estate agents. A buyer who is interested in buying a house elicits the services of a buyers' agent who helps the buyer locate a house of interest and assists in the negotiating of the final purchase price. The buyers' agent shows the buyer the current inventory of houses that are for sale that may be of interest to the buyer. Assuming that a house of interest is currently for sale, then the buyer and the seller of the house negotiate a purchase price with the help of their agents. Upon completion of the sale, the seller may pay the sellers' agent a percentage of the purchase price as a commission. The sellers' agent may then share the commission with the buyers' agent. [0004] Assets other than residential real estate may be sold using different marketing models. For example, fine art (e.g., a master's painting) may be sold at an auction conducted by an auction house. When the owner of the art wants to sell, the owner elicits the services of an auction house to advertise and conduct the auction for the art. The auction house may provide an appraisal for the art, contact potential buyers of the art, advertise the auction, conduct the auction, and coordinate the transfer of ownership from the seller to the winning bidder at the auction. The auction house may take as its fee a percentage of the winning bid price. [0005] When a potential buyer is unable to locate an asset in which the potential buyer is interested, the potential buyer may advertise their interest in an asset with certain characteristics. For example, when a potential buyer wants to buy a certain type of antique automobile, that buyer may place a "want advertisement" in an antique automobile magazine. The advertisement may include a description of the automobile that is wanted, and the price that the potential buyer is willing to pay. An owner of an automobile that matches the description who is interested in selling can contact the potential buyer and negotiate the sale of the automobile. Although want advertisements can be effective for assets that can be described in a fairly objective way (e.g., a 1965 Mustang convertible like new), they are not as effective for assets that may have a fairly subjective component to their description (e.g., three-bedroom house with a nice view in a nice neighborhood). [0006] The current models such as those described above for selling assets have various limitations. For example, a potential buyer of a house is typically limited to those houses that are currently being offered for sale. If none of the houses satisfy what the potential buyer is looking for in a house, then the potential buyer may buy a house that does not satisfy their needs or may become frustrated and simply not buy a house. It is very common, however, for people to notice and make mental note of houses they see which they would be interested in buying if available for sale. The knowledge that a person is interested in buying a house has economic value to the person and to the owner, which is currently not being captured. As another example, a potential buyer of fine art may not be able to buy art of interest that is currently on the market, even though the owner would sell the art if the owner knew there was significant interest by potential buyers. It would be desirable to have a model for selling assets that would overcome these and other limitations and capture the economic value for the knowledge that people are interested in buying an asset that is not currently for sale. SUMMARY [0007] A register interest system receives from a potential acquirer of assets an indication that the potential acquirer is interested in acquiring rights in a specific asset that is not currently on the market. The register interest system stores indications that the potential acquirers are interested in specific assets. When a notification criterion has been satisfied, then the register interest system notifies the owner of the specific asset that one or more potential acquirers are interested in acquiring rights to that asset. The owner and a potential acquirer can then negotiate the purchase of the rights. BRIEF DESCRIPTION OF THE DRAWINGS [0008] FIG. 1 is a display page that allows a potential buyer to select various options of the register interest system in one embodiment. [0009] FIG. 2 is a display page that allows a potential buyer to identify a house of interest in one embodiment. [0010] FIG. 3 is a display page that allows the potential buyer to register their interest in a house in one embodiment. [0011] FIG. 4 is a display page that allows a potential buyer to view the list of houses in which the potential buyer has registered an interest in one embodiment. [0012] FIG. 5 is a display page that allows a potential buyer to view more detailed information about a house in which the potential buyer has registered an interest in one embodiment. [0013] FIG. 6 is a display page that illustrates an electronic mail message sent to an owner of a house in which one or more potential buyers have registered an interest in one embodiment. [0014] FIG. 7 is a display page that allows an owner to register their house with the register interest system in one embodiment. [0015] FIG. 8 is a display page provided to an owner when the owner visits the register interest system after being notified of potential buyers' interest in one embodiment. [0016] FIG. 9 is a block diagram that illustrates components of the register interest system in one embodiment. [0017] FIG. 10 is a flow diagram that illustrates a component that allows an interest in a house to be registered via telephone in one embodiment. [0018] FIG. 11 is a flow diagram that illustrates a component that identifies comparable houses in one embodiment. [0019] FIG. 12 is a flow diagram that illustrates a component that identifies top houses in an area. Continue reading... Full patent description for Method and system for registering potential acquirers of assets that are not currently on the market Brief Patent Description - Full Patent Description - Patent Application Claims Click on the above for other options relating to this Method and system for registering potential acquirers of assets that are not currently on the market patent application. ###  How KEYWORD MONITOR works... a FREE service from FreshPatents1. Sign up (takes 30 seconds). 2. Fill in the keywords to be monitored. 3. Each week you receive an email with patent applications related to your keywords. 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