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| *Ostroff, Fair and Company>>>Renting & Real Estate |
Does anyone know how to raffle your home off instead of just selling it? |
I live in a suburb of Detroit, MI and just accepted a job out of state. The market here is terrible, and I've heard of folks holding a raffle selling a certain number of tickets to cover their asking price and then pulling one winner. I'd like to find out more information but haven't found the information on line that I need. Has anyone done this or know what needs to be done? Auctions and raffles rarely work. Unless you want to auction or raffle you home for less than you owe on it. You need to bite the bullet and list your home. I am a Realtor in Michigan and the market is picking up. There are buyers here, you just need to price your home correctly. Three things will sell your home in Michigan. Clean, Updated and Priced Right!!! Lets use the used car theory- If you have 2 identical cars, priced the same but one has a clean ash tray and the other is dirty. Which one would you pick? Good Luck Source(s): David Casteel Help-U-Sell Property Basics 810-695-0500 x204 I have heard of this approach too, but not in the past 3 years. Since a raffle is much like gambling I believe government clamped down on this sales approach to be limited to non-profit organizations. I am a Realtor hey there.. i think u shud try this real estate web portal.. its very easy 2 use and has various features that can help u get the right place.. http://www.terabitz.com hope this helps u in finding a place.. take care Sell your home yourself. The market is no worse there than any other state at the moment. If you price right (get comparables), do the marketing and have frequent open houses you can sell quickly.There are so many buyers, just make sure they are pre-approved (not pre-qualified) that way you know you've got a transaction that is going to hold up. Do your homework and it will pay off big time. Do not let buyers tell you they need to sell their house before closing on your transaction. 16 yrs real estate / New Business Owner I work with FSBOS |
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