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Updated about 7 years ago,
Legality Question for Open House Strategy
Hello, had an idea to do a contest at my open houses to give away a free home warranty as a buyer credit through escrow. When buyers come in I'll ask them if they'd like to enter for a chance to win a free home warranty, if they say yes I just ask them to sign the sign in sheet and they spin the wheel. If it lands on a free home warranty then they would get a certificate stating they would receive a free home warranty as a buyer credit through escrow. What is the rule on a strategy like this? Is this considered soliciting buyers by giving this away?