What is Orchard?
It’s a new concierge home buying website that launched this week in Charlotte.
Supposedly, it helps the homeowner buy a new home, make all the necessary repairs and updates to their current home, and then sell it.
We just talked last week about how there was only an 18-day supply of homes in Charlotte. So how does this work when inventory is so low?
CEO Court Cunningham says Orchard puts up the cash to buy your new home so you can move out of your old home and sell it. How much do the added services cost you? Just the standard realtor fee.