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Property raffle website

property raffle website

Anything that taps into that psyche is likely to yield them a better result than selling on the open market, because theres quite a lot of uncertainty around at the moment with Brexit, the Budget and stamp duty.
"So, if you're selling and want to avoid property chains and indecisive buyers, or simply want to get on the ladder for 2, WinAbode is the site for you.".They also avoid long chains or unreliable buyers.Advertisement - Continue Reading Below, giphy, which is why this website, Winabode, is such a bloody great idea.It is the first property to be listed on the site, which offers homeowners, who may be struggling to shift their home in the current market, an alternative selling vehicle.If it still doesn't reach the number of tickets they'd require, the winner of the prize gets the cash raised in competition instead of the house.We want to offer everyone the chance of owning their own home, without the need for the bank of mum and dad company founders Richard Blaiberg and Sam Park said.They become a home-owner for the minuscule cost of a cup of coffee, while the seller of the house gets to make back more-or-less the value of their house thanks to the inevitably high number of entrants coughing up a few quid each.If youre wondering why online property platform WinAbode is raffling off the expensive home, its because it could actually get a higher price for the property this way.Bring your art, flatscreen TV's and teenagers posters there's plenty of room to showcase it all.A seller from Blackheath launched an online raffle in May, offering tickets for 5 each.And its also located in one of the most desirable spots in the capital, Dalston, which is just 15 minutes away from both Kings Cross and Liverpool Street station.
The site invites people to buy a ticket ranging from anywhere between 2 and 10 which enters them into a raffle to win a house.
If the minimum number of tickets to cover the value of a sellers home is not reached, a cash prize will be offered instead.
Each person dead giveaways bandcamp can buy up to 150 tickets.
With house price growth slowing across the UK, and prices in some regions ( including London ) falling, more sellers are turning to raffling their homes a strategy that was last seen during the dark years of the financial crisis.
The stated aim was to sell 750,000 tickets, netting her.75 million. .
More: Woman whose brain is dropping out of her skull needs 130,000 for life-saving surgery.As well as being a simply genius business model, the founders of the site believe they're doing something good.The ground floor of a modern development in Dalston, London (Picture: WinAbode).It would feel a bit tight giving the owners of a half-a-million-pound house somewhere in the home counties six quid for their trouble.Tickets for this raffle are being sold at just 2 a pop, and the competition will remain open until February 14th 2018.But the raffle was later halted after advice from the homeowner's local council, Greenwich, over "potential" breaches of Gambling Commission rules.With the toxic combination of sky-high house prices and very little disposable income, it can seem an impossible feat to buy somewhere of your very own, especially in any of the country's major cities.The kitchen is pretty swanky (Picture: WinAbode).Property expert Ed Meads told : Youve only got to look around at the success of online gambling, bingo and lotteries.Because lotteries, tombolas and raffles are based entirely on luck they can be held only to raise money for charity.Plus, the site-owners get to make a quick buck by taking a cut for all the work they do facilitating the prize draw.Dont be angry at us, we told you there was a catch.