The TEAMS Fee breakpoint is triggered for the first time when a DFY client purchases their 5th property. There is no time period in which they need to purchase the properties – if it takes five years to purchase your 5th home (or any tranche of five properties) you will be eligible for the credit at the time.
Five properties trigger a 5% savings reflected in a reduced TEAMS Fee on the 5th property. Properties 6-9 get the same 5% discount. On the 10th property, the fee is reduced 10% retroactively back to the first property and is reflected in a lower TEAMS Fee on property 10, etc. Fifteen properties is a 15% reduction. Twenty properties receive the maximum discount of 20% or $3,995 for each additional property.
Number of Purchases