Feb
10

How Much Work is Involved for the Homeowner in a House Raffle?

By

Hello Everyone,

We’ve had some snow and freezing temperatures in the land of enchantment, and I came down with the dreaded flu. So I hope everyone is staying warm and well this winter, and don’t forget to bring the pets inside.

One question often asked of me, is how much work must the homeowner do in a house raffle. The homeowner provides the grand prize, and from that point on, the homeowner is not required to do any work. Having said that, this is a real estate transaction and everything is negotiable. The nonprofit may ask the homeowner to help sell tickets, or conduct open houses, or perform other tasks.

During the early stages, the homeowner and the nonprofit should come to an agreement as to what the homeowner will do for the house raffle, and a written contract should be signed. Large nonprofits have their own marketing/fundraising department and would most likely not need the homeowner to get involved. However, a smaller nonprofit, might need the help of the homeowner. It will also depend on the skills and background of the homeowner and the time they may have available to dedicate to the project.  For more information on this topic, read Step 8, “Home Seller’s Involvement” in my book titled, “I Sold My House in a Raffle.”

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