After years of serving as a full-fledged property platform catering to the home transaction needs of residents in Singapore, Ohmyhome expanded its services to Malaysia and the Philippines. Officially launching its Philippines website in October 2020, it has now been almost a year since Ohmyhome began offering its real estate services in the country.
As a lead up to the company’s upcoming first anniversary in the Philippines, and in line with its goal of helping Filipinos discover homes and property deals that get them the best value for their investment, Ohmyhome has launched the Ohmyhome Cashback Program for the benefit of all homeseekers buying a brand new home through the platform.
From September 9, 2021, onwards, those who buy brand new homes for sale on the Ohmyhome website or mobile app on their own or with the help of an Ohmyhome agent are eligible for the Cashback. Eligible homes include all properties listed on the platform, be it condos for sale located in Manila or houses and lots in places like Laguna or Cebu.
The amount to be credited back to buyers is 2% of the total reservation fee plus 12 months’ worth of amortization for the property’s down payment. All buyers have to do is successfully make the consecutive payments for the first 12 months, and Ohmyhome takes care of the rest.
Why the Cashback?
Cashbacks or similar rewards programs aren’t a new concept in real estate and have been done by developers in the past to attract more buyers to their newly launched projects. A program that spans different locations, property types, and even developers/brands, however, is unprecedented and having more homeseekers get greater value from their property purchase no matter where or what type of home they want is the motivation behind Ohmyhome’s Cashback program.
According to Ohmyhome Co-Founder and Chief Product Officer Race Wong, sharing the company’s savings to the buyers will help them in acquiring the exact homes they want; “Due to our ability to negotiate favorable terms with developers and our efficiency of operations, Ohmyhome can pass back some cost savings to our customers in the form of a Cashback. This creates a smarter community of property shoppers, where you can save more on your purchase.”
The Ohmyhome Cashback applies to all homes for sale listed by all partner developers on Ohmyhome, allowing homebuyers to get rewarded while finding their dream home from any of the following developers (and future Ohmyhome partners):
- Amaia Land Corporation
- Avida Land Corporation
- Bria Homes
- Camella Homes
- Coho by Vista Land
- Landisco Corporation
- Lessandra Homes
- Lumina Homes
- Moldex Realty
- RLC Residences
- Suntrust Properties
- Vista Residences
Hassle-free qualification and payout
True to its aim to make property transactions as simple to do as possible, Ohmyhome has made qualifying and receiving payment from the Cashback hassle-free. As previously mentioned, the promotion began on September 9, 2021, and from that point onwards, anyone who has purchased a property through Ohmyhome is eligible for the Cashback.
Whether buying a pre-selling condo or a house and lot for sale, all homeseekers who purchase via Ohmyhome will be entitled to the 2% Cashback as long as they make 12 consecutive months of amortization payments and will receive their payout within 60 days after the 12th payment. In terms of needed documents, homebuyers need not do anything else beyond what they’ve already done when making a reservation for their chosen home.
Ready to find your dream home AND get more value out of your purchase by being rewarded with a Cashback? Connect with an Ohmyhome agent for complete assistance with getting the home buying and Cashback process, or visit Ohmyhome new properties page to view the latest house and condos for sale from the top developers in the Philippines.
To learn more about the Ohmyhome Cashback program, read about the complete mechanics, partner developers, and FAQs here.
Ohmyhome was launched in the Philippines in September 2020, following the company’s establishment of a tech team in the country in 2017. Ohmyhome was originally founded in 2016, and subsequently rose in Singapore as a leading PropTech solution and licensed real estate agency.
Ohmyhome expanded into the Philippines so that Filipino home seekers can have a real estate partner that they can trust to have their best interests at heart and can be relied upon to provide exceptional services throughout the entire property journey.
Featuring thousands of properties across many of the Philippines’ major real estate brands, Ohmyhome differs from other local platforms by going the extra mile and extensively helping buyers narrow down their choices and find the property that best suits their budgets, home needs, and lifestyle preferences.
The company’s Real Estate agents help in the shortlisting of options and provide professional services through the entire purchasing process. These include assistance in property inspections, negotiations, the finalization of the Conditions of Sale, deposit collection, the submission of property documents, as well as providing buyers regular updates.
Ohmyhome helps Filipinos find their dream homes, all while making sure each real estate transaction is complete and is an efficient and enjoyable experience.