Jul
18

Raffle a Timeshare

By

Hello,

Summer is quickly flying by, I hope everyone is finding time to play. The annual international balloon fiesta here in Albuquerque is in October, but we’re already seeing the hot air balloons dotting the sky. Cool!

This is a recent email I received: I have a timeshare which I owe money on and want to get rid of it. I owe $3,400 on it, I live in NY and the timeshare is in Atlanta. How do I go about it? First of all, you can raffle a timeshare, but you must be sure that house raffles are allowed in Georgia. I assume the writer is referring to Atlanta Georgia. Once you have determined that house raffles are legal in Georgia, then determine the type of qualified organizations that can hold house raffles in Georgia and find one that would be interested to have the timeshare as the grand prize in the raffle.

Having said that, a timeshare may be more difficult to sell tickets for because timeshares can come with high fees. But, if you offer a cash prize alternative that always helps to get tickets sold. Maybe part of the prize is the fees get paid for a certain period of time. Remember, you want the grand prize to be desirable.

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