
Everything is completely open and transparent
How does 21-5 get paid?
21-5 earns money in three places:
The start-up fee
When we set up an owner association, we receive a percentage of the price for the share. We are therefore completely free to act on behalf of the owner association and do not have a fee structure that depends on, for example, purchase discounts or anything else. Only in this way can we be 100% independent of the homes we buy, which ultimately creates the best results for our families in the owner associations.
The amount paid to us is included in the price of the shares in the owner association, so it is not something that has to be paid in addition.
The value of the groups and shares is created primarily because we are good at finding the right homes and buying them at the right prices, but also because we add so much value by completely renovating many of our homes.
Management Fee
When the homes become operational, we receive an annual management fee that is included in the common expenses.
The owner associations are tied to us for 3 years from the time they are established, after which the agreement can be terminated. No group has ever left us and we will do our best to ensure that this never happens.
Pre-loved shares
If a family wants to sell their share, they can find a new family themselves.
They can also ask us for help, for which we charge a fee.
All fees are described in the agreement for each owner association, so they are completely open and transparent already when you sign up for your favorite owner association.