2016 Market Conditions with Chief Credit Officer of Realty Mogul


 

Toward the end of last year, I was reading an interesting piece on forecasts for 2016 and came across a quote on crowdfunding that read, ”Crowdfunding is attempting to buy into the dot-com culture and there is a slight disconnect. There will be a lot of entries and failures. Crowdfunding is a mile wide, but only an inch deep. There is a lack of credibility: no background checks, no scrubbing, no due diligence.” I thought to myself, “If he only spent a day in my chair, he would see that we have been digging trenches.” At RealtyMogul.com, we are committed to being one of the leading online marketplaces for real estate investing. As a result of prevailing market conditions, 2016 will prove to be the year of the “Selective Investor”. While other institutions will undoubtedly view this as a challenge, RealtyMogul.com views this as an opportunity to further expound upon our business plan and take advantage of investor selectivity.

Source: 2016 Market Conditions with Chief Credit Officer

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