The Real Deal Miami

Cash-for-keys latest real estate s

July 20, 2010 12:45PM

Online con artists are using Craigslist to target Palm Beach County’s rental market, selling would-be renters on cheap leases and offering to send the keys to the homes in return for mailed cash. “Unscrupulous people know how hot the rental market is right now and they are preying on the unwitting public,” said Laura Pearlman, a realtor with Signature Service Realty in West Palm Beach. “They know this is just another niche for them to make money.” According to Pearlman, the scammers often claim to be missionaries or aid workers needing to rent out their properties while they are out of the country. [Palm Beach Post]