Daily Tech News Show Sell Your House as a Raffle - DTNS WEEKEND
Mar 28, 2026
Gina Sapsted, organizer of the Flat Raffle who ran a competition to raffle her London flat to raise funds for local charities. She explains how raffle-selling a flat works, why she chose a raffle over estate agents, legal and escrow safeguards, ticket pricing and odds, and the flat’s perks plus community benefits.
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Crowdfunding A Home Through Online Raffles
- Raffle platforms let sellers crowdfund a property sale by selling low-cost tickets to many buyers.
- Gina used Raffall to offer her London flat near Tottenham Hotspur Stadium and set financial safeguards so she wouldn't be left bankrupt if ticket sales fell short.
Last Raffle Produced A Surprising SixFigure Payout
- Gina previously ran a competition that fell short of target but still produced a large cash outcome for one entrant.
- The winner received £158,000 and Gina plans a second attempt ending in May to try to reach her goal.
Raffles Can Generate Big Local Charity Funds
- Raffles can serve charitable goals alongside selling an asset, turning ticket sales into significant local donations.
- Gina donated £31,000 to the Tottenham Hotspur Foundation from her previous raffle proceeds, far exceeding typical fundraising from events like marathons.