Fees
Distribution of rental income
Last updated
Distribution of rental income
Last updated
DREM doesn't charge any fees to place a buy or sell order at the marketplace, other than a network fee of / transaction (currently several pennies). This means there are no entry nor exit fees to invest in a project.
NFT investment and governance are done through custom-made decentralized voting system built on top of the blockchain. DREM doesn't charge any fees to control your property share beyond the same low network fees.
Investors can vote on decisions about:
Property tax and insurance are region-specific and vary between 2% and 20% of the rental revenue. After these fixed costs are paid, the rental income is distributed according to the chart.
10% goes to DREM. Thus, DREM's fee is roughly equivalent to the fees of the property management agencies.
The remaining profit belongs to the investors.
10% of the daily payout is split between as an incentive for providing liquidity. If no market makers are present, this income is distributed among all investors.
The average cost of property management is between 7% and 10% of the monthly rent . The industry rule of thumb is that property management companies take an equivalent of one month of rent for 12-18 month leases. If there is no property management company in charge of the investment, this income is distributed among all investors.