just an idea... my friend asked me today if it was possible to raffle off his house on the internet let people say buy a ticket for £1 and for every referring webmaster give them a free ticket first is this sort of thing allowed and would it work reason for him trying this is the current house/mortgage problems in the uk and the fact he will loose the house in 6 months look forward to your ideas
Sell it. You wouldn't make anything large unless you have amazing marketing skills, and a good very expensive house.
and he wish to give raffle out where there is possibilty of only 5000 or less people going for raffle?
You just have to wait for the correct buyer. Someone somewhere will be willing to pay what it's worth.
Agreed. I think his best bet is to do what he can online.. refer him to the content creation section here on DP in hopes that he can make enough to be able to keep his house. Since you are such a good friend, maybe you're willing to help him out!