Maria C Tsai

US Patent:

20090083137, Mar 26, 2009

Filed:

Sep 24, 2007

Appl. No.:

11/860474

Inventors:

Stan Tsai - Fremont CA, US
Maria Tsai - Fremont CA, US

International Classification:

G06Q 30/00
G06F 17/10
G06F 17/30
G06F 17/40

US Classification:

705 14, 705 36 R, 705 37

Abstract:

Techniques for providing exchange market platform for possessing timeshare properties are described herein. In one embodiment, a fair market price (FMP) is determined for possessing a timeshare property for a predetermined period of time in view of supply and demand of a plurality of timeshare properties having similar characteristics available for the predetermined period of time. The FMP is determined independent of buyers and sellers of the plurality of timeshare properties. In response to an offer from a buyer, a trade transaction is executed at FMP if the FMP is more than or equal to the minimum acceptance price (MAP) of a seller currently owning a right of possessing the timeshare property. Other methods and apparatuses are also described.