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FulHouse Inc. Launches Homeownership Sweepstakes Amid Skepticism

12/28/2025

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Summary

Story summary

FulHouse Inc., a startup founded by Jason Graf and Sam Cogan in Colorado, aims to make homeownership accessible through a sweepstakes model.
The company allows thousands of entrants to pay a few dollars for a chance to win a home, starting with a two-bedroom townhome in Denver.
Despite over $15,000 in entries, some realtors, including Andrew Abrams, express skepticism, comparing it to a lottery and stressing the need for due diligence in home buying.
The first sweepstakes will close at the end of March, offering options for entrants if the sale price isn't met.

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Story summary

FulHouse Inc., a startup founded by Jason Graf and Sam Cogan in Colorado, aims to make homeownership accessible through a sweepstakes model.
The company allows thousands of entrants to pay a few dollars for a chance to win a home, starting with a two-bedroom townhome in Denver.
Despite over $15,000 in entries, some realtors, including Andrew Abrams, express skepticism, comparing it to a lottery and stressing the need for due diligence in home buying.
The first sweepstakes will close at the end of March, offering options for entrants if the sale price isn't met.