Wisconsin couple extend essay contest to win house for $100
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#1 Mar 19, 2009
How is this a "gift" from the Ploessl's, or "to their financial disadvantage"?
If my math is correct:$100 fee to enter multiplied by a minimum of 1,000 entries per house =$100,000.
Yes, it would be a great bargain to obtain one of these houses at that price, but the sellers will be getting the estimated market value of the homes through the entry fees. Unless the fees are reimbursed to those who do not win.
Do not mistake this as a gift or charity act, it is just a clever way to sell a house.
If the Ploessl's would have gotten their 1500 entries per home that they initially wanted they would have walked away with a cool 3 million above the estimated market value for said homes.
#2 Mar 19, 2009
Barelo, where do you get 3 million? I think you meant $300,000. Not outrageous. And probably less than what they paid for them, so yes, I think it probably IS to their financial disadvantage.
#3 Mar 19, 2009
tell me the names or I'm going to blackmail you.
I need a house.
#4 Jun 10, 2009
Yeah..I was counting on this..I knew my essay would of won something... seems u could of at least give 1 or 2 of the house away. just another scam. I hope I get my money back soon.
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