
Everything is completely open and transparent
How does 21-5 get paid?
21-5 earns money in three areas:
Initial fee
When we establish a new association, we receive a percentage of the total deposit from the families.
This fee covers the work of bringing together 21 families, finding and purchasing five attractive homes, carrying out any renovations and preparing the homes for use.
The amount is part of the share price, so there are no additional costs. Because we are remunerated solely through the fee, we are independent of which homes we purchase and can focus exclusively on creating the greatest possible value for our families.
Management Fee
Once the homes are operational, the association pays an annual administration fee, which is included in the common expenses. The fee covers day-to-day operations via local suppliers, financial management, maintenance and updating of the member site and booking system, as well as ongoing communication with the families.
The association is linked to us for three years from the date of establishment. After that, the collaboration can be terminated, but our hope and goal is that the experience of community will be so valuable that no one will want to “move away from home”.
Resales
When a family wants to sell their share, we help with the process. You can find a new family yourself, but we help the vast majority with this. If we find a new buyer, we receive a fee from the sale. Regardless of who finds the buyer, we receive an administration fee for adding the new buyer to the association's documents and platforms. This way, we ensure that the resale is smooth and secure for all parties.
All fees are clearly stated in the association's agreement from the outset. This means that everything is completely open and transparent, and you know exactly what you are agreeing to when you sign up for a 21-5 association.