Houston Realtor Sells $389,000 House for $150

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Houston real estate agent Michael Wachs has a trick up his sleeve. He is selling his nearly $400,000 Houston home to one lucky winner for only $150!

But if it seems too good to be true, it probably is. In this case, your $150 enters you into a pool, and Wachs will only sell if the home draws enough sales to reach the market rate. At $150 each, it will take about 3,000 entries to reach the level he wants to sell. If he does not reach his target, he will refund all applicant entry fees and sell the property with a standard listing. Continue reading