maryland raffle: Home Raffled for $50 in Maryland. New way to sell property in Hawaii?
- 12/30/08 06:05 PM
I was watching CNBC tody and heard of a story where a desperate seller in Maryland decided a new approach on selling his home: Sell 31,500 raffle tickets for $50... Would this work in Hawaii? Initially my thought would be yeah, people would be all over this since so many people flock to Las Vegas to gamble. Then I realized that's why they go there: gambling (essentially what this is) is illegal in Hawaii. In this circumstance, they are selling these tickets with the "opportunity" to win a $1 million + home. That is also why we don't have a lottery … (5 comments)
Hawaii Real Estate through David Buck, a Realtor in Honolulu, Hawaii. Insights to real estate market trends, housing, economy, statistics, and where the Honolulu or greater Oahu real estate market is headed.
I was watching CNBC tody and heard of a story where a desperate seller in Maryland decided a new approach on selling his home: Sell 31,500 raffle tickets for $50... Would this work in Hawaii? Initially my thought would be yeah, people would be all over this since so many people flock to Las Vegas to gamble. Then I realized that's why they go there: gambling (essentially what this is) is illegal in Hawaii. In this circumstance, they are selling these tickets with the "opportunity" to win a $1 million + home. That is also why we don't have a lottery … (5 comments)
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