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US 2020/0027179 A1Published application
Apparatuses, methods and systems for transforming illiquid equity platform
AssigneeBuyWiser Technology, Inc.
InventorBennett Liss
Life of this patent
Estimating the term…
Abstract
The APPARATUSES, METHODS AND SYSTEMS FOR TRANSFORMING ILLIQUID EQUITY PLATFORM (hereinafter “TIE”) transforms a generated property owner broker sales commitment message via TIE components into a distributed payment. More specifically, transforms commitment message, e-commitment messages, sale price actual commission messages via TIE components into commission payment distribution amounts.
Claims16
A computerized method for illiquid equity transformation, comprising:
- receiving from a client device via digital communication, at a network-based system, a generated property owner broker sales (POBS) commitment messaging, the POBS messaging including owner data, broker data, property data, and contract data detailing a future listing agreement between the a property owner and a broker to be encumbered upon a real estate property of the owner;
- accessing, at the network-based system, a database management system (DBMS) that maintains user data, broker data, property data, and contract data, based on the POBS messaging;
- determining a payment amount due to the property owner based upon data provided in the POBS messaging, via a controller of the network-based system, the controller in digital communication the DBMS, the controller configured to issue a plurality of processing instructions to calculate the payment amount;
- and
- transmitting, from the network-based system, payment instructions for the payment amount.
2 more elements
A network-based system for illiquid equity transformation, comprising:
- a client device in digital communication with at the network-based system, the client device generates a property owner broker sales (POBS) commitment messaging, the POBS messaging including owner data, broker data, property data, and contract data detailing a future listing agreement between the a property owner and a broker to be encumbered upon a real estate property of the owner;
- a server assembly of the network-based system in in digital communication with the client device via a network;
- a database management system (DBMS) of the network-based system that maintains user data, broker data, property data, and contract data, based on the POBS messaging receiving via the server assembly;
- and
- a controller assembly of the network-based system, the controller in digital communication the DBMS, the controller programmed:
- to determine a payment amount due to the property owner based upon data provided in the POBS messaging, to calculate the payment amount, and to
- transmit, from the network-based system, payment instructions for the payment amount.
4 more elements
Dependencies are inferred from the claim text.