Tuesday, 26 May 2009
I came across this really clever idea via our local village website. To combat the downturn in the housing market a woman is selling her cottage via a competition see here: www.winacheshirecottage.com. She is limiting the number of entries to 14,000 and charging £20 per entry. In this way guaranteeing the sale price and giving entrants a reasonable chance of winning. She also gives 5% of the sale value to a charity of the winner's choice.
It is very well thought out: if she doesn't get enough entries she will extend the deadline and failing that, will give the money accumulated so far to the winner.
I'm seriously considering doing this for my ever depreciating flat in London.
Posted by Robin Wilson at 07:26