Handover day feels like the finish line. For the balance sheet, it's only halftime. A completed project becomes a completed sale only when the capital is back in the developer's hands.
The gap between done and sold
That gap — between practical completion and a closed sale — is where developer returns live or die. The longer it stretches, the more it costs in carrying charges and missed opportunities.
Closing the gap
RaffleProp shortens it. A completed unit is offered through a regulated, independently valued competition; funds are escrow-protected; the developer receives upfront capital. "Completed" stops meaning "waiting" and starts meaning "sold." See the partnership model.
A different way to reach property ownership
RaffleProp runs FCCPC-regulated promotional competitions for real property in Nigeria. Entry starts from ₦2,500, every property is independently valued by an NIESV firm, all funds sit in escrow at a named Nigerian bank, and the winner is selected in a live-streamed, independently witnessed draw.
And your entry value is always protected: if a campaign does not reach its minimum, your full participation value converts to Home Credit you can use on any future campaign. Browse live campaigns, see how it works, or join the waitlist to be first when the next property goes live.
RaffleProp is a promotional competition open to Nigerian residents aged 18 and over. Participation requires passing a skill assessment. Play responsibly.




Comments
Sign in to join the discussion
Sign InLoading comments…