Getting the Best Price
RPE’s public auction style transactions are designed to ensure a sale at a price which matches your patent asset’s market value.
An auction-style transaction may be started when a Holder has received a Request with a binding bid from the Seeker, which the Holder then chooses to accept as the reserve price. Since the Holder already has a binding bid serving as the reserve, your listing is guaranteed to end in a successful transaction.
An auction-style transaction may of course be started by a Holder at any time.
Auction style transaction will be featured on RPE’s Marketplace, allowing other Seekers to compete and bid up the final sales price.