Interesting way to sell a house, especially with the downturn in the market.
3 bedroom house for $100
The owner of a house in Lake Township is selling raffle tickets for a chance to win the home.
George Bostan lived there until recently, when he moved to Florida.
He has been advertising on his own Web site and in classified ads. So far, he says he has sold about 1100 tickets for 100 dollars each. That's $110,000.
Bostan says he will pick the winner of the raffle in front of the house -- perhaps in a month or two. He says he wants to sell more tickets first.
Boston states on his Web site that part of the money raised in the raffle will be donated to Child Care Romania.
George Bostan lived there until recently, when he moved to Florida.
He has been advertising on his own Web site and in classified ads. So far, he says he has sold about 1100 tickets for 100 dollars each. That's $110,000.
Bostan says he will pick the winner of the raffle in front of the house -- perhaps in a month or two. He says he wants to sell more tickets first.
Boston states on his Web site that part of the money raised in the raffle will be donated to Child Care Romania.
posted by Big Daddy at
Friday, September 22, 2006
Denver
2 Comments:
creative idea, but terribly risky if you don't sell the # of tickets you need to at least break even. hopefully the media attention will help drive sales.
Have you heard about the guy who traded his way up from a red paper clip to a house?
http://www.canada.com/edmontonjournal/news/story.html?id=4e3cf973-9ade-48cd-bffc-124fa67e60b4&k=35012
the details are here:
http://oneredpaperclip.blogspot.com/
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