Crowdsourcing Comes to Commercial Real Estate
Crowdsourcing, the practice of obtaining services, ideas, or content by soliciting contributions from a large group of people, especially from an on line community is shaking up the economic status quo in many ways. Crowdsourcing in commercial real estate is providing access to major real estate developments for individual investors previously locked out of that sector. As with any investment, there are risks, particularly now as these new crowdsourcing models evolve. Nevertheless, why should accredited investors have all the fun? A truly free market should allow access to these kinds of investments to regular people too.
-Gerald