I had heard anecdotally of people selling their properties via online raffles.
If they fail to sell enough tickets then a cash prize is normally offered instead.
Now it would appear this is going mainstream according to this article below.
There is now a dedicated online platform for property raffles.
I love to see innovation but is this not an indicator of a market top?
If you can't get your buying price via the normal channels, then the raffle seems the way to go.
Called WinAbode, and billing itself as “the UK’s first property competition platform”, the website has been set up in the wake of a rash of property auctions from sellers despairing of achieving a decent sale price for their property on the open market.