Financial perks are a marketing tactic used by issuers to enhance their offerings and provide a token of appreciation for investors committing to their reservations.
What are financial perks?
Financial perks are distributions offered by an issuer as part of their marketing strategy. These distributions are provided to investors based on the day they sign their subscription agreement to the date of the issuance closing.
How to earn perks
To earn financial perks, you must invest in a property that explicitly states in its offering document that a financial perk is available. While additional information about the program may be shared on the web landing page or in-app landing page, the full details will always be found in the offering document.
FAQs
Where do the funds for a perks program come from?
Issuers typically use their marketing budgets to fund perks programs. These budgets are separate from funds allocated for property enhancements, property management, or other asset-related expenses.
Who is responsible for fulfilling perks?
The issuer is solely responsible for fulfilling the financial perks in accordance with the terms outlined in the offering document.
When can I expect to receive my perks?
Issuers can begin fulfilling perks after a campaign officially closes. The timeline for fulfillment, typically within 90 days of the campaign's end, is outlined in the offering document but may vary by issuer.