Kenny Slaught Notes Workflow Automation Services Benefitting Real Estate Industry

Firms offering multiple online collaborations and, notes Kenny Slaught, more workflow automation are increasing in popularity, largely because they provide prompt access to accurate and concise data and information. New intuitive software and mobile apps, explains Slaught, give investors and developers a greater selection of lending and borrowing paths across a variety of real estate asset classes and locations. With only a few years in the market, crowdfunding sites have rapidly grown more than 150 startups in the US, specializing in real estate. Today, nearly 7% of the U.S population is an accredited investor. In a densely populated setting like Southern California, this number reaches 20%. Software platforms, such as CrowdEngine, RealtyShares, CrowdForce, and more, make it doable to legally raise money from the general public, with some going as far as raising 90% of equity requirement through these community contributions.

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