Win A Property Competition Review Cash Winner
Winner: Sarah From Isle Of Man
Launched: 1st December 2017 End Date: 31st May 2018
Location: Kirk Michael, Isle of Man IM6 1BD
House Value: £650,000
Ticket Price: £20.00 (Free Entry Available)
Tickets Sold: 6500 Tickets
Estimated Revenue: £130000
The property is set in 10 acres of beautiful countryside and includes internal stabling for 6 plus kennels. There are also barns and buildings as part of the package.
Cash Prizes
Answer a question about the Isle of Man Festival of Motorcycling to take part. If insufficient tickets are sold then a cash prize based on ticket sales minus costs will be awarded to the winner. A £10,000 and £5000 second and third prize is offered, but these are only awarded if the competition successfully concludes. There's limited information about the property (e.g. value, condition etc) on the website. The valuation shown is based on a Zoopla property listed in 2014 when offers in excess of £680,000 were required.
Big Cash Prize Winner
After an extension of the closing date this competition has closed. The owners report that "unfortunately we have not received enough paid for entries to be able to give the property away". Therefore a cash prize will be awarded as per the terms of the competition.
The owners report that the fact that they were "unable to promote the competition in the Isle of Man undoubtedly had a negative effect on ticket sales". However, there is a "decent sized prize fund" and a winner will be announced soon.
Winner Controversy
The winner was announced as Sarah from The Isle Of Man. With 6500 tickets sold, we're presuming the prize was around £100,000, however the actual amount hasn't been revealed. Furthermore entrants of the competition have claimed that the promoter "deviated" from the original promotions terms and conditions (IOM Today).
The issue of transparency seems to be the main cause of complaints. The winner of the competition was supposed to be picked in the presence of a solicitor and accountant who had no vested interest in the draw. As was, the draw was done in the presence of five unknown locals and the draw wasn't streamed live. A private Facebook group has been convened to discuss the competition.
A Case To Answer?
Transparency is key to all competitions and prize promotions. Perhaps even more so when it comes down to the win a house sector. The fact that the winner is named just as Sarah and the cash amount withheld isn't great. We also think the promoter could have helped themselves by streaming the draw and explaining who was who at the draw. One would hope that these issues are down to naivity as opposed to anything untoward.
According to IOM Today, the promoter was seeking legal advice.
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