x
Breaking News
More () »

5 things to make your offer to buy a home stand out against rental companies

A Charlotte Journalism Collaborative analysis of sales data from five counties over a 12-month period identified 5% of all sales that went to SFR companies.

Nate Morabito (WCNC), David Griffith

Play Video

Close Video

Published: 1:28 PM EST February 4, 2022
Updated: 11:40 PM EST February 4, 2022

Homebuyers aren't just competing against other people for the limited number of houses for sale.

A Charlotte Journalism Collaborative analysis of sales data in five area counties identified thousands of homes, condos, and townhouses acquired by single-family rental (SFR) investment companies over the course of a year.

Realtors say those SFR companies often come to the table with cash offers over the asking price and intentions to turn the homes into rental properties.

Before You Leave, Check This Out