Are House Raffles the New Wave of the Future?

Like many new waves, it seems to have started in California. About eight years ago restaurant owner Jake Stockwell decided to retire and put his popular wharfside seafood bistro on the market. Six months later he was a disappointed man, frustrated with flaky would-be buyers, who misrepresented themselves and their means and intentions, and predatory property developers who only wanted the site, not the fine restaurant he’d put twenty-five years of his life into building up.

So he decided to raffle it off to his customers. For $100 per ticket they could take a flyer on becoming the owner of a thriving business. Thousands took up the offer and six months later Mr Stockwell retired with a smile on his face, having turned the bistro over to a customer who vowed to keep it going in the style that had originally attracted him to eat there.

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Spring Branch TX Property Raffle

Charity needed to host raffle for this property!

Bonnie has a 1 acre lot in Spring Branch TX 20 min. outside San Antonio. She has had this property on the market for almost 2 years with no takers. It’s in a beautiful community with a fishing area.   Bonnie really needs to sell the property because of financial hardship and wishes a charity would consider helping her host a raffle.

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Please submit this form if you are interested in being a host charity for this Property Raffle. Thank You

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