Term:

2 years (Automatic yearly contract extension 4 months before the end of the contract)

Technology Fee:

9.000 INR Technology one time Fee and
5.500 INR per month (1.-3. months payable Up Front, from the 4th month onwards on the 1st of the month).

Additional the technology fee is either  5.500 INR per month, or 4.800 INR per month if paid annually up front at once.

Admin Fee:

20.000 INR max. per year (4.000 INR if 20-39 property units under management; 8.000 INR if 40-59 property units under management; 12.000 INR if 60-79 property units under management; 16.000 INR if 80-99 property units under management and 20.000 INR if 100 or more units under management). You can pay the admin fee in one amount or in monthly installments.

Royalty Fee:

5% from Revenue

Commission billing is carried out by the company headquarters by the 10th of the following month

Services Headquarter Groundfloor24:

Real Estate Agents CRM including Transaction documentation
and Docu sign with Mobile App

Billing and bookkeeping

National Marketing

Property Manager Support

Billing is carried out by the company headquarters by the 10th of the following month.

If you suggest a new Real Estate Agent, you will receive 10% from his/ her commission for the first 3 Deals. These 10% will be paid from Groundfloor24.