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Is it an absolutely stoopid bonkers idea to?

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By *ex-a-frolics OP   Couple  over a year ago

Brizzle

Sell our house by means of raffle ticket let’s say £15 a ticket. We’ve heard of people who’ve done it, it’s not illegal & would save us lots of fees, buyers haggling etc.

Has anybody done it & what are the possible negatives apart from not selling enough tickets, guess we could put a disclaimer down somewhere.

I’m sure many would say we’d be mad to do it but can’t help thinking about the benefits.

Thanks in advance.

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By (user no longer on site)  over a year ago

Wouldn't fancy 10,000 people viewing my house x

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By (user no longer on site)  over a year ago

I'd think you'll need to make sure you sell enough tickets. Maybe look up stories of similar raffles. They seemed to end ok.

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By *ex-a-frolics OP   Couple  over a year ago

Brizzle

We’d need to sell more than 10,000 tickets, but would people really want to come & view & pay for surveys etc on a house they could win for £15?

I’m not sure we would we might do a bit of research but think most would buy tickets with a view to selling the house on, so would just take a chance.

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By *AYENCouple  over a year ago

Lincolnshire


"We’d need to sell more than 10,000 tickets, but would people really want to come & view & pay for surveys etc on a house they could win for £15?

I’m not sure we would we might do a bit of research but think most would buy tickets with a view to selling the house on, so would just take a chance. "

I hear of this more and more, best get in quick before the government tax the idea!

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By *icecouple561Couple  over a year ago
Forum Mod

East Sussex

People used to do this in the eighties when the housing market crashed and selling a house was extremely difficult. I didn't hear of anyone who did it successfully though.

You're still going to have solicitors fees though unless you can do the conveyancing yourself.

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