Archive for May, 2013

May
31

BBB May Harm Charity House Raffle

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Hello All,

We’re dying for rain here in New Mexico as forest fires rage through the Sandia Mountains. I hope everyone is enjoying their summer weather.

I noticed an article titled:

Dream House May Not Be Awarded In Charity Raffle, BBB Warns

I think this is unnecessary harmful publicity for the charity, the “National Wheelchair Basketball Association”  in St. Louis, Missouri. Most charity raffles have a contingency rule that if not enough tickets are sold, the prize may not be awarded. Of course, if there is no drawing, then the ticket buyers would get their money back.

This particular raffle states:

  • The grand prize winner will have the opportunity to choose between the house and the $1.3 million cash prize only if the charity sells at least 45,000 tickets by May 24. If 45,000 tickets are not sold, the house will not be offered as an option, and the winner will be awarded 50 percent of the net proceeds of the raffle.

Okay, so if 45,000 tickets are not sold, the winner will be awarded 50% of the net proceeds. So why is the Better Business Bureau making a fuss over this particular raffle? I can’t understand the purpose for that, but this type of publicity will only hurt ticket sales. I haven’t seen raffle rules that do not contain a contingency plan if not enough tickets are sold.

A) Ticket buyers get their money back

B) Ticket buyers get a cash award

Actually, prefer A) because it makes the charity work harder to get all the tickets sold.

To your success!

Diane Giraudo McDermott

 

Categories : Just the Tips
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May
03

Can a Villa be a Grand Prize in a House Raffle?

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Hello All,

This week I received an email from a homeowner interested in raffling their villa in another country. I see no reason why a nonprofit could not have a villa outside of the United States as their grand prize. I would start by talking to the gaming board in the state in which the nonprofit is located to be sure that the gaming board will approve the grand prize. The main concern for the gaming board is that it wants to be sure the prize can be awarded to the prize winner. Therefore, the villa owner will need to prove ownership, and the ability to transfer title.

Lastly, I think it would be important for the villa owner to connect with a well-known nonprofit organization. I think a beautiful villa could be a fabulous prize for someone to win, and an exciting fundraising event for the right nonprofit.

To your success!

Diane Giraudo McDermott

Categories : Just the Tips
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What Others Are Saying:

“The book really does take you through the entire process. I feel like Diane holds your hand from beginning to end from qualifying the grand prize home to what happens after the drawing. I’m a homeowner and I’ve had difficulty selling my beautiful home. Now I know what it takes to sell my home in a raffle. I know exactly what type of nonprofit I need to partner with on my house raffle and what to expect. I’m excited to get started.”

-Karen L. Furguson, Homeowner in Tucson, Arizona

"Consulting with Diane by phone has been invaluable. Her knowledge on the subject of house raffles is enormous, and she has really given us a better understanding of the process as we move forward with our house raffle. She has been more than willing to take the time needed in answering all of our questions. After consulting with Diane, we feel we have a much better chance of putting together a successful house raffle and are excited about making it happen."

Chip Thompson, homeowner in Rehoboth, Delaware

"'I Sold My House in a Raffle' is an excellent example of creative marketing. The best marketers think "out of the box" and Diane shows that you can really sell your house in a raffle!"

-Ali Pervex, International Best Selling Author, 'Get Your Black Belt in Marketing', www.blackbeltinmarketing.com

“What a great marketing tool! This is a hot new method to get a property sold. My clients love this idea—I already have my first raffle house lined up. I’ll use Diane’s process to get and sell more listings.”

Jack C. Rosemary – California Real Estate Broker, 26 years experience

“I attended Diane’s workshop on February 27th, and she’s got it all together. Not only does she know how to pull off a house raffle but you can tell that she was a teacher because she knows how to convey the information. She broke the process into bite-size pieces and gave us exercises to complete so we were involved. Before anyone attempts a house raffle, they should attend Diane’s workshop–there’s more to it than one could imagine.”

-Ron Thomas, Real Estate Investor for 20 years, Albuquerque, New Mexico