Ohmyhome is a proptech marketplace that utilizes data matching technology to connect homeowners directly with potential buyers, facilitating the sale of properties at prices 73% above market average. The platform addresses the inefficiencies in traditional housing transactions by streamlining the buying, selling, and renting processes through a user-friendly app.
Funding
$4.8M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional real estate transactions can be inefficient and costly, often requiring homeowners to pay high commission fees to agents. This process can be time-consuming and may not always result in the best possible price for sellers.
Solution
Ohmyhome is a property technology platform designed to streamline the buying, selling, and renting of properties. It leverages data matching technology to connect homeowners directly with potential buyers and tenants, reducing the need for intermediaries. The platform offers a suite of services, including property listings, agent services, mortgage advisory, and legal conveyancing, all accessible through a user-friendly mobile application. Ohmyhome aims to make real estate transactions more efficient, affordable, and transparent for both buyers and sellers.
Target Audience
Ohmyhome primarily targets homeowners looking to sell or rent their properties, as well as individuals and families seeking to buy or rent homes. The platform also caters to property investors and overseas Filipino workers (OFWs) looking to invest in real estate in the Philippines.
Features
- Direct connection between homeowners and potential buyers/tenants
- Free property listing for sellers and landlords
- AI-powered property valuation tool
- Agent services for those who prefer professional assistance
- Mortgage advisory services to help buyers secure financing
- Legal conveyancing services for a smooth transaction process
- Mobile app for easy access to all platform features
- Property listing verification via Singpass or manual document submission