How does Piece make money?

At Piece, we take pride in our commitment to transparency when it comes to fees. We firmly believe that clarity about fees is essential for investors to make informed decisions. We and our project providers charge 3 distinct fees, each with a specific purpose, and we want you to understand them clearly:
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1. Acquisition Fee
This fee encompasses the expenses associated with property search and rigorous due diligence procedures. It guarantees that the properties listed on the platform meet high investment standards, providing value and potential for our investors. It also covers all the operational costs associated to renovating the properties and finding initial tenants.
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2. Property Management Fee
This fee, calculated on the rent collected, covers the costs associated with tenant acquisition and efficient apartment management. It ensures your investment is well-maintained and managed, contributing to a consistent rental income.
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3. Exit Success Fees
When a property is sold, a success fee is charged. This fee is determined based on the difference between the total investment and the exit selling price net of selling costs. In this way our interests perfectly align with investors; as the property value grows, we both benefit.
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Transparent fee structure ensures that Piece's interests are directly aligned with yours. When you succeed, we succeed, and our commitment to clarity about fees underscores our dedication to your financial growth. We believe that informed investors are empowered investors, and our transparent fee policy reflects this core principle