dr ray Posted January 16, 2009 Share Posted January 16, 2009 An estate agent in NI has pulled the raffle for his luxury home incurring "substantial" costs. He claimed that the company which processes the online payments had pulled out but admits "less than" 100 of the £100 tickets had been sold. He had expected to raise £100,000 above the £550.000 value of the property from the scheme but sold less than 1% of the tickets needed. ( I work out he sold less than 65 tickets then) Moral of story: The world has run out of "greater fools " (for now). Quote Link to comment Share on other sites More sharing options...
The Bachelor of Arts Posted January 16, 2009 Share Posted January 16, 2009 Surely he's bound to run the raffle anyway. The people who bought tickets took a financial risk and now that he doesn't have a sure thing (ie the other 99%) he pulls the plug. Sorry mate, running a raffle should not be a risk free way of selling your house. I might now do that for everything I want to sell. If not enough people buy tickets, then I'll pull the plug, if I make a profit, then I won't. Quote Link to comment Share on other sites More sharing options...
CviewUK Posted January 16, 2009 Share Posted January 16, 2009 All entrants - please do not worry about your entry fee as we have started the process of recalling funds from our bank account and it will take up to 4 weeks for us to complete the refund process. If you have not received your refund in this timeframe, please email me at Four weeks to send out 100 cheques? Quote Link to comment Share on other sites More sharing options...
Nelly Posted January 16, 2009 Share Posted January 16, 2009 w@nker Quote Link to comment Share on other sites More sharing options...
brocken spectre Posted January 16, 2009 Share Posted January 16, 2009 Who is May McFatridge? Quote Link to comment Share on other sites More sharing options...
Nelly Posted January 16, 2009 Share Posted January 16, 2009 Who is May McFatridge? Sounds like a packet of scottish crisps Quote Link to comment Share on other sites More sharing options...
the-sign-jacker Posted January 16, 2009 Share Posted January 16, 2009 i suppose this 'raffle' had a reserve of 550k also ? Quote Link to comment Share on other sites More sharing options...
the-sign-jacker Posted January 16, 2009 Share Posted January 16, 2009 btw. im raffling a citroen C4. £10 a ticket. reserve price is £32k Quote Link to comment Share on other sites More sharing options...
headwindow Posted January 16, 2009 Share Posted January 16, 2009 I had an idea to set up a website that allowed people to raffle their houses nice and easy. easyHouseRaffle.com or something like that. But from that performance of less than 100 tickets, then I'll think I'll pass... Quote Link to comment Share on other sites More sharing options...
brocken spectre Posted January 16, 2009 Share Posted January 16, 2009 (edited) If you Laugh at this, you've drunk too much-hilarious cross dresser Edited January 16, 2009 by brocken spectre Quote Link to comment Share on other sites More sharing options...
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