Saturday, October 3, 2020

Ohmyhome to fast-track real estate transaction in the PH.

  Ohmyhome is Singapore’s first one-stop-shop online platform that makes use of technology and innovation to make buying, selling, and renting homes seamless and more efficient.

  The company was first launched in Singapore back in 2016 and expanded in Malaysia in 2019, and now kicks off its operation in the Philippines in 2020.

 The people behind the company, Rhonda and Race Wong established the 
proptech startup to streamline property transactions through a unique hybrid model, combining agent services with a Do-It-Yourself (DIY) platform.

  The DIY platform is simple! It enables property owners to take control of their own homes, they save time and money. And once a property is posted, the algorithm will match them with the buyers.

  Ohmyhome, after all, takes care of the customers’ entire transaction journey—from search and deal-closing all the way through to legal documentation and mortgage advisory. 

Race Wong agrees, explaining that the DIY platform comes free because Ohmyhome wants speedy transactions to be affordable for everyone.

  Spurred by its success in Singapore and Malaysia, Ohmyhome expects to achieve the same feat as it brings advanced technological capabilities to the Philippine real estate industry.
 “Proprietary technology will definitely help make real estate transactions simpler, faster, and hassle-free for our clients in the Philippines,” - Rhonda Wong
“One way is by eliminating dummy and duplicate listings from Ohmyhome’s platform, accelerating the search process for Filipino customers.” - Race Wong
  However, both hasten to point out that agents are still relevant in the property market. This is especially true in the Philippines where people have deep sentimental attachments to their homes and ultimately seek a warm human touch when negotiating the sale of long-held properties.

  Fortunately, the expertise of Ohmyhome’s highly professional Filipino agents will be complemented by proptech. As Rhonda and Race Wong explain it, technology enables the company to handle 90% of agents’ work such as sourcing for new leads, scheduling, and advertising, etc. “This helps them focus on the most crucial element of the job and what they love most--our customers.”

  As it happens, too, time is a precious commodity for Filipino customers who may have too many things on their plate. For them, nothing will trump Ohmyhome’s offering of a DIY platform and exceptional end-to-end services.

  With an eye on issues that define the Philippine real estate industry, Rhonda and Race Wong expect proptech start-up Ohmyhome to make great strides as they venture into the Philippine property market.

  As of today, Ohmyhome operates on the National Capital Region but planning to expand soon on some of the key cities around the country.

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