When do I choose the payout plan?
You choose the payout plan after you and the tenant has signed the lease through Scrive. We need you to choose your payout plan and submit your bank account information as soon as possible inorder for us to transfer the money to you in time.
There are two different payout plans to choose from: "Effective plan" and "Flat plan"
This is our most used payout plan. The simple explanation is that the fee is withdrawn from the first monthly payout at a rate of 5% of the total rent.
If the lease period is 12 months or shorter, the total fee is withdrawn from the first payout. This means that for the coming months you'll receive a full payout ( = what the tenant pays in rent) from us. There is no fee withdrawn from the rent payout after the first month.
In the following example the rent is set to 12 000 SEK/month. That's the rent you've set in the listing, in the contract and that's how much the tenant pays. There are no hidden fees when you use our service.
Example 1 The lease period is 12 months or less
The tenant pays 12 000 SEK/month and the lease period is January 1 - May 31 (5 months). You will receive a payout of 9000 SEK the first month (12 000 (rent) * 5 (months) * 0,05 (fee) = 3 000). The following months you will receive a payout of 12 000 SEK/month. The total fee is withdrawn from the first month.
Example 2 The lease period is longer than 12 months
If the lease period is longer than 12 months the fee for the first six months are withdrawn from the first payout. The fee is then withdrawn continuously every sixth month for the rest of the lease period.
The tenant pays 12 000 SEK/month and the lease period is from January 1, 2017 - March 31, 2018. You will receive a payout of 8 400 SEK the first payout and then 12 000 SEK/month the following five payouts. On June 25th we will withdraw the fees for the coming six payouts and you will again receive a payout of 8 400 SEK, following another five full payouts of 12 000 SEK/month
On December 25th the last fee is withdrawn for the last three payouts. Your payout on December 25th will be 10 800 SEK followed by the two last full payouts of 12 000 SEK. The last payout is on February 25th.
You can see and compare our different payout plans with our payout plan calculator:
If you prefer to have the fee withdrawn on a monthly basis, you choose our flat plan. The flat plan gives you the same payout every month. The rate for having the flat plan is 8% of the monthly rent, every month.
In the following example the rent is set to 12 000 SEK/month. That's the rent you've set in the listing, the lease and it's how much the tenant pays.
Example 3 Any lease period with a flat plan
The tenant pays 12 000 SEK/month and the lease period is January 1 - May 31. You will receive a monthly payout of 11 040 SEK (12 000 * 0,08 = 960) throughout the lease period. The fee is withdrawn monthly.