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Rainmaker
292,535
Jack Lewitz
Exit Strategy Realty - Evanston, IL

Crowd funding is not going to replace REITS . I do not see crowd funding replacing REITS. If someone wants to invest in real estate with minimum risk which would you prefer with limited funds? 

I think crowd funding is best suited for the not for profit sector who want to provide affordable housing to families . They can raise capital and put investors into two groups ( passive / active) and once money is raised to complete project then houses are purchased, rehabbed ,rented, and sold to families at affordable prices. There is a sweat equity component used with active investors and not for profit employees and community involvement . 

May 13, 2016 09:18 PM
Rainmaker
1,380,173
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Won't impact the commission.  Crowdfunding I think is the next great scam.

May 14, 2016 03:16 AM
Rainmaker
1,635,442
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Lend Smart Mortgage, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

I do not think this will be widespread and it wide open to litigation.

May 14, 2016 01:48 AM
Rainmaker
915,573
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

Nope haven't heard of it yet

May 13, 2016 09:35 PM
Ambassador
5,356,661
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

All the best to you with this venture, let me know how it goes.

May 14, 2016 02:13 PM
Rainmaker
5,523,819
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

John,

We have been to a talk with several successful crowdfunded Real Estate project.  One of our friends covers all these events.  A

May 14, 2016 08:41 AM
Ambassador
3,036,715
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

No, I have not.

We will see.

May 14, 2016 06:50 AM
Rainmaker
887,533
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Oh yes, it has been going on for a while now. Good luck with your venture.

May 14, 2016 01:46 AM
Rainmaker
1,714,969
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

I've heard of it.  Never researched it.  Is this the equivalent to mutual funds but for real estate instead of stocks.   How does this compare to REITs?

May 14, 2016 12:14 AM
Rainmaker
5,571,310
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

I have NOT heard about this..... and now that I have, I'm very thankful that I'm no longer active ..... I love my job of marketing!!!

May 14, 2016 12:03 AM
Rainmaker
1,397,833
Raymond E. Camp
Ontario, NY
Licensed Real Estate Salesperson Greater Rochester

Did not Warren Buffet already start this a few years ago!

May 13, 2016 11:57 PM
Rainmaker
3,069,934
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

We don't handle rentals

May 13, 2016 11:39 PM
Rainmaker
4,172,655
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Interesting concept. Have not heard of it before.

May 13, 2016 11:28 PM
Rainmaker
1,148,899
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

interesting..... So all new agents can issue their stocks and ask investors to buy their loss?

May 13, 2016 11:26 PM
Rainmaker
882,261
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

John,

You are onto something good.

There however are a whole lot of details that must be solved. 

How will it effect my commission? Not a bit if I embrace crowd funding as a solution others may not be aware of. My fee is based on the value I bring. Those who are unaware and incapable of clearly articulating their value will be in a race to the bottom regarding compensation.

May 13, 2016 11:19 PM
Rainmaker
4,058,400
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

I haven't heard of it previously.   

May 13, 2016 11:17 PM
Rainmaker
4,155,823
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Interesting component to the evolving real estate market.

May 13, 2016 11:03 PM
Rainmaker
795,232
Susan Laxson CRS
Premier Sotheby's International Realty - Naples, FL
The Michelle Thomas Team

Intriguing concept and I will watch from the sidelines at this time.

May 13, 2016 10:52 PM
Rainer
74,407
Michael Scruggs
UTR Texas-Realtors - Houston, TX
ABR, CNE, TAHS

I hadn't heard of Crowdfunding.  I just now  read your blog John.

May 13, 2016 10:47 PM
Rainmaker
1,157,485
FN LN
Toronto, ON

I think I saw the term here the other day.  I'm sure your submission will address your second question and will be available soon.

May 13, 2016 10:01 PM
Rainmaker
6,539,489
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

This will be a good topic for a series of blogs for you to write.

May 13, 2016 09:24 PM
Rainmaker
4,433,583
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Thank you for the post.

May 13, 2016 08:39 PM