We aim to keep our fees low and acquire assets at or below fair market value.
We typically charge an approximately 5% fee, which includes our sourcing fee and helps cover insurance, shipping and storage costs, as well as the 1% fee charged by our broker-dealer on invested capital. The sourcing fee enables our team to comprehensively analyze, source, and diligence each of our investments.
In addition, we are entitled to receive 10% of profit on the sale of an asset. It is possible that we would choose to waive payment of this amount at the time of sale.
We aim to keep our fees low and acquire assets at or below fair market value. There are no trading fees. Otis fees may vary by asset and a detailed breakdown of all fees and expenses are provided in each Asset Market Report, available on the Otis website and app. You can find more detailed information in our most recent offering circulars filed with the SEC: Gallery and Collection.
Please note that our fee structure is subject to change in the future