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Licensee Costs

Sources of Revenue

As an Ormita licensee you will receive revenue from five different areas of the business:

Buying Schedule Fees New Ormita members you recruit are required to have a “Buying Schedule” completed by a qualified Client Director.  
Transaction fees Every time a member transacts (sells) they are billed a 7% cash transaction fee.
Monthly fees Each month, if a member does not meet their Buying Schedule Commitment, members pay an Association fee of $20 cash.
Licensee fees National licensees sell sub-licenses to entrepreneurs wishing to operate under the Ormita brand and to resell the Ormita service.   
Remarketing income Revenue earned from remarketing of assets acquired directly by the national or regional licensee
Event fees Revenue earned from special events, members functions and trade fairs

With the exception of remarketing and event fees, all others are billed in cash and charged automatically each month via direct debit and/or credit card.

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