Raffle Unsold Homes for Charity
Raffle Unsold Homes for Charity
What advice do you have to help me grow my idea?
Idea Description
My idea targets two problems: large numbers of unsold homes and declining charitable contributions in a tightening economy. This business would solicit homeowners who cannot sell their homes for a price higher than their mortgage and tax debts. We would offer to raffle the home for the benefit of the homeowner and a local charity. The goal is to sell enough tickets to pay the homeowner's obligations with a significant amount of money left for the charity. Marketing costs would be kept to less than typical brokers' fees and nonprofit fundraising costs.
What will you do if you win $10,000 for this idea?
Next steps would be to (1) develop interest among nonprofit groups; (2) identify at-risk homeowners; (3) test pricing models to maximize sales of raffle tickets. And, of course, lay the legal groundwork to ensure compliance with local, state, and federal regulations.
Vote for it now.
Great idea! I am interested in partnering with you via the non-profit that I am starting. See my Ideablob link at http://www.ideablob.com/ideas/2927-Transform-a-Neighborhood-TAN- You can reach me at nspivey@transformit.net