How Does This Skill Competition Thing Work?
It’s no secret that home sellers are having a terrible time finding buyers because prices are so high. If a homeowner wants to climb up the ladder, they have to sell, right? But these high costs are keeping people from moving up. That’s why some owners, like us, are turning to skill competitions to sell homes.
The Skill Competition
Here’s how ours works, in a nutshell:
Next, select the number of tickets you want to buy. Each chance costs £11. You can buy up to a maximum of 1000 tickets. After selecting how many entries you want, you will be directed to the payment page where you will need to fill your payment details.
Once your payment is complete, don’t forget to wait for the final question. This is the skills competition part of the game. If you answer the question right (don’t worry, it’s easy!), then your tickets will be considered valid for the drawing. If not… well, we’re afraid that you’ll have to start over!
When the contest deadline runs out, we’ll see how many tickets were sold. If we sold enough (200,000), then a winner will be randomly selected by a third party company.
However, if the minimum isn’t reached, we will still hold a drawing! We will give away a 50% cash prise minus the transaction fees from the amount that we were able to raise. Our hope is that the winner will use this money as a down payment for a mortgage.
Has Anyone Actually Won A House In A Contest?
Yes! The most famous of these was “Win A Country House” where Marie Segar of Warrington won the historic Melling Manor. However, we want to be as transparent as possible. Many of these house contests do not succeed for one of two reasons.
The first reason most house contests don’t succeed is legal. There are a lot of finicky rules that we have to follow so that the government or our payment processors don’t think we’re running a gambling operation or a scam. We have had solicitors examine our rules and methods to make sure we comply with the law. You can get all the details on our Terms and Conditions page.
The second reason is that there are not enough sales. We don’t want to be ruined if only five people buy tickets! That’s why we’ve set a minimum number of tickets needed before we will give away the house. If you compare the property value of the home compared to others in the local area, we believe we have set a reasonable sale price.
But, we also wanted to have a safety net, in case there weren’t enough tickets sold. We know that 200,000 is a lot! That’s why we introduced the idea of a cash prize.
Your support is needed! Encourage your friends and family members to buy tickets and try their hand at our skill competition. The more you can help us sell tickets, the better the chances you’ll have of winning the house.
We want to offer more contest homes in the future, so we must make enough to get another home. And we want to be as transparent as possible, so we will make sure we keep you updated!