What should a listing agent do if a client asks to sell raffle tickets for their house?

Selling raffle tickets for a house can constitute a violation of real estate license laws because it can be considered a form of gambling or a scheme that lacks the appropriate regulatory approval. Most states, including Kentucky, have specific regulations regarding how real estate transactions can be conducted, and they typically do not allow houses to be sold through raffle systems as they can lead to misleading representations, fraud, and exploitation of consumers.

The laws governing real estate transactions are designed to protect both buyers and sellers, ensuring transparency and fairness in the process. Engaging in a raffle can create complications related to title transfers, ownership claims, and the contractual obligations necessary in a traditional sale. Therefore, the appropriate course of action for a listing agent is to refuse the request to sell raffle tickets for the house, as this would violate the established license laws that govern real estate practices.