It’s the first day of real estate crowdfunding, and it’s a big day for real estate developers.
More than $10 million has been raised in the last 24 hours for a campaign that hopes to raise $1 billion for developers who want to get a foothold in the real estate market.
The campaign, called Get Real, is run by Real Estate Investment Trust (REIT), a national real estate association that helps investors buy and sell properties through its real estate brokerage service.
It’s a bit like buying a car on the street, and in exchange, REIT pays a fee to the car’s manufacturer.
To get into the real world, developers must apply to the REITs website, and register as a realtor.
The realtor is then charged an upfront fee and the developer must pay the difference.
As a developer, the developer gets access to REIT’s real estate portfolio and a cut of any future sales of the property.
The REIT is paid monthly for its realtor’s services.
In this case, the project aims to create a virtual real estate website that allows developers to apply for a real property loan.
The website would allow developers to sell their properties and earn money while they are in the process of building the site.
Get Real was started by Chris Smith, a realtors associate who previously worked at RealtyTrac, the online brokerage service that helped millions of investors buy homes and sell them.
“We want to see this in the industry, it’s an opportunity to help the realtor and the market and we want to make sure that everyone is treated fairly,” Smith told Business Insider.
But the realtor will not get a piece of the pie.
REIT takes a cut.
The project is a joint effort between REIT and a consortium of developers who are part of the Real Estate Investor Group, which is a coalition of realtoring groups, including REIT, Real Estate Developers Association, and National Association of Realtors (NAR).
The realtorers are also part of a group called the Real estate Investors Association of America (REIAA), which represents REIT members.
NAR is an organization that has more than 800 members.
In this group, developers have the opportunity to participate in the financing of a site through their REIT member.
The site is then advertised for sale and offered for sale through REI, where the developer pays a monthly fee to REI.
Real estate developers who join the REIA group are paid a fee for their services and REIT gives them access to a larger real estate investment portfolio.
REIT’s funding has come in response to the launch of a campaign in April to help fund developers who would like to get into real estate.
The campaign aims to raise a total of $1.5 billion in the first six months of 2017.
It is supported by several other groups including REI and NAR.
So far, developers say that they have raised more than $900,000 from investors.
Smith says that developers will be able to earn between $200 and $400 per month as a result of the project.
He says that they expect to earn another $100,000-$200,000 per month once the crowdfunding campaign ends in January.
If the crowdfunding is successful, Smith expects developers to start selling property at a lower price than before.
For example, developers could be offered prices in the neighborhood of $5,000 to $10,000 higher than they could before the campaign launched.
REIT is a subsidiary of REIT.
The company has been around for over 100 years and is a part of REI’s portfolio of realtor-affiliated real estate brokers, including Realty Trac, Realty Investor Group and Realty Advisors.
The group has a $1 trillion portfolio.