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.
