A method and system for negotiating improved terms for a product being
purchased over the Internet. Once a purchaser has made a decision to buy
a specific product over the Internet, the purchaser may use the services
of a personal negotiating broker-agent program to beat the best available
purchase transaction within a specifiable time window. The personal
broker-agent program may detect an issuance of a commitment to purchase
over the Internet by a purchaser. The personal broker-agent program may
then make an offer to the purchaser the option of waiting a predetermined
amount of time while the broker agent searches for improved items. On
acceptance of the option by the purchaser, the personal broker-agent
program may conduct an auction and/or search the Internet for a better
deal and may evaluate the auction and/or search responses to determine
the best deal. The personal broker-agent program may then execute the
best deal. If the purchaser elects not to accept the option from the
personal broker-agent program, then the purchaser may execute the
commitment to purchase transaction without delay.