Ohmyhome has grown from strength to strength since 2016 when it started.
From a self-serve business model, the company is now a full-fledged property platform offering customers a full range of real estate services, from buying and selling houses, renting out bedrooms or whole homes, to finding mortgage solutions, conveyancing, home renovation and even moving services.
Through its growth, what hasn’t changed about Ohmyhome is its aim to make property transactions simple, fast, hassle-free and affordable.
So, whatever your property-related requirements, here are the 5 reasons why you should choose Ohmyhome as a partner in your housing journey.
1. Ohmyhome is a one-stop shop portal
Whether you are considering an HDB, condo or other private property, we have the solutions to all your housing needs, all in one place: from search, self listing, property agent service, mortgage and conveyancing, to home renovation, cleaning, painting, air conditioning maintenance and even moving services.
Some of the tasks we do include arranging physical and virtual house tours for our clients, providing financial calculations, documentation and negotiating services where needed and arranging for someone to paint your house or do maintenance cleaning on your air conditioning units at your convenience.
What’s more, we have a customer service team to assist you through these transactions from start to finish.
As a one-stop portal, Ohmyhome has all the essential services you need to complete your housing journey seamlessly from start to finish, via our property agents or by yourself.
2. Highly rated property agent services at a flat fee
Ohmyhome agents are full-time licensed professionals working solely for the company. They are not freelancers or part-timers. Similar to many professionals, they are highly trained, experienced and reliable.
Moreover, each Ohmyhome property agent has consistently completed an average of 75 deals in the past 24 months since our start in 2016. This is verifiable via CEA’s website where you’ll also be able to find all transaction details.
Our agents have been able to complete these many deals on the back of support from proprietary technology that has automated 90% of a traditional property agent’s work, allowing them to focus on quickly selling your home at the most optimum price or finding you the best housing options in the areas you want at the price range you specified.
All this for a flat fee too.
For HDB flats, our buyer’s agent service fee starts from $2,288 + GST while the fee for selling a condo or other private property starts at 2% of selling price + GST.
To date, our flat fees have resulted in a total $45 million in commission savings for our customers.
In Ohmyhome, we take pride in saying that when you engage our agent, you get not just his service but the support of the entire company.
3. Fastest transactions due to data matching technology
Ohmyhome is Singapore’s fastest property transaction platform currently, closing property deals 2x in the past 4 years than the industry average.
This is made possible by our data matching technology, which is also the reason why we are able to sell 50% of our listings within 7 days.
This technology is able to expedite transactions because it leverages on a data lake with millions of data points for analysis and modelling.
So, when clients want to know the current value of their property, the company uses machine-learning capabilities to predict a valuation estimate which has a median error of as low as 3.58 per cent. With such an accurate gauge for home values, Ohmyhome agents and clients are then able to price properties at higher and fairer prices.
Be assured then that upon understanding your requirements, our algorithm will search the entire market and shortlist suitable properties, saving you time and effort in your own search.
4. Cross-border transactions
Ohmyhome’s one-stop solution to property needs is not limited to Singapore, but extends to the two other markets it operates in – Malaysia from 2019 and the Philippines from 2020.
This cross-border transaction capability means buyers and investors from these 3 countries are able to conduct property deals across the borders of the said markets via Ohmyhome’s platform.
The company is able to do this by leveraging on its unique strengths as a regional proptech company which has knowledgeable agents on the ground in all 3 markets. The agents work together to provide a reliable and hassle-free experience for cross-border customers.
To illustrate how this works, take for example a prospective buyer from Singapore who is interested in purchasing a property in the Philippines. In the past, this buyer must source for himself an agent in Manila and fend for his own interests.
With Ohmyhome and its cross-border platform, this customer only needs to engage the company which will then arrange for its agents in both locations to work closely together for a seamless purchase experience for the customer.
And as always, Ohmyhome’s end-to-end service mantra means we will take care of the entire process for the client, from marketing, viewing, closing and post-transaction services, including finding an appropriate tenant for the property, if needed.
All these without the customer having to travel to the Philippines, a especially helpful feature amid the pandemic.
5. High customer satisfaction
Our customers are happy and satisfied. We have served over 8,000 and counting and so far, they’ve given us an average satisfaction rating of 4.9 stars in Google and Facebook’s 5-star rating scales.
Our plans ahead
We remain focused on improving services for our clients, specifically in enhancing our data matching technology in the 3 countries we operate in. We are doing this to further speed up the pace of transactions so you can get your desired results in hardly any time at all.