Michael D Gerrity

US Patent:

20150193796, Jul 9, 2015

Filed:

Jan 6, 2014

Appl. No.:

14/148381

Inventors:

Michael J. Gerrity - Miami FL, US

International Classification:

G06Q 30/02
G06Q 50/16

Abstract:

A dynamic pricing system including a dynamic pricing unit including a memory and a processor, the processor of the dynamic pricing unit executing a program performing the steps of gathering a plurality of information on a unit of property not real estate property, gathering a plurality of information on a market where the unit of property is sold, generating a first price for the unit of property based on the gathered information on the unit of property and market information, generating a second price and a third price based on the first price for the unit of property, posting a portion of the plurality of property information and the first price for viewing by potential buyers on a first web site, posting a portion of the plurality of property information and the second price for viewing by potential buyers on a second web site, posting a portion of the plurality of property information and the third price for viewing by potential buyers on a third web site, monitoring each of the first, second and third web sites to determine the level of interest in the unit of property at each of the first price, second price and third price, determining a final price based on the interest level of the web posting for the first price, second price and third price, posting a portion of the plurality of property information and the final price for viewing by potential buyers on a final web site.

US Patent:

20150193797, Jul 9, 2015

Filed:

Jan 6, 2014

Appl. No.:

14/148390

Inventors:

Michael J. Gerrity - Miami FL, US

International Classification:

G06Q 30/02
G06Q 50/16

Abstract:

A dynamic pricing system including a dynamic pricing unit including a memory and a processor, the processor of the dynamic pricing unit executing a program performing the steps of gathering a plurality of information on a unit of real property, gathering a plurality of information on a market where the unit of real property is sold, generating a first price for the unit of real property based on the gathered information on the unit of real property and market information, generating a second price and a third price based on the first price for the unit of real property, posting a portion of the plurality of property information and the first price for viewing by potential buyers on a first web site, posting a portion of the plurality of property information and the second price for viewing by potential buyers on a second web site, posting a portion of the plurality of property information and the third price for viewing by potential buyers on a third web site, monitoring each of the first, second and third web sites to determine the level of interest in the unit of real property at each of the first price, second price and third price, determining a final price based on the interest level of the web posting for the first price, second price and third price, posting a portion of the plurality of property information and the final price for viewing by potential buyers on a final web site.