> For the complete documentation index, see [llms.txt](https://docs.globdrem.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.globdrem.com/fees.md).

# Fees

Distribution of rental income

### Market trading

DREM doesn't charge any fees to place a buy or sell order at the marketplace, other than a network fee of [0.004 ALGO](https://www.coinbase.com/price/algorand) / transaction (currently several pennies). This means there are no entry nor exit fees to invest in a project.

### Governance

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:

* [ ] Raising or lowering rent
* [ ] Funding renovation of the apartments
* [ ] Changing the property management company
* [ ] Triggering sale of the asset

### Rental income distribution

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.

![Income distribution](https://202891713-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FkitIGn8kKYhMaTOmQEeR%2Fuploads%2Fgit-blob-14573977b1e60bee6c9e296bde8833311b4ad308%2Fincome-distribution.svg?alt=media)

* 10% of the daily payout is split between [market makers](/market-liquidity.md) 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 [Zillow](https://www.zillow.com/rental-manager/resources/property-management-cost/). 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.
* 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.