What Is Domclick Up To? Four Product Updates in Less Than a Month

Russian marketplace Domclick has announced its fourth product and service upgrade in the past month alone.

Domclick is owned by major Russian bank Sber, which appears to be the driving force behind Domclick's new functionalities.

The latest change to its offering now allow buyers to appoint representatives to assist them with their mortgage transactions via Domclick's portal.

According to a press release by Domclick, representatives can be lawyers or even family and friends, with the power to find and suggest changes to mortgage offers, upload and view documentation, and even sign off payments for services on the buyers' behalf.

Furthermore, Sber has also offered homebuyers 'bonus points' that give them a refund of up to 5% of the cost of a newbuild apartment. Points will be awarded in instalments to clients with mortgages from Sber, spendable with partner businesses or to pay off part of their loan.

The latest changes follow swiftly on the heels of two other product updates in recent weeks.

Firstly, Domclick incorporated green mortgages into its platform, whereby favourable rates will be offered to buyers of eco-friendly properties—powered by Sber.

Shortly afterwards, Sber integrated further with Domclick to allow transferable mortgages on the platform, with buyers able to inherit the previous owner's mortgage, thereby avoiding the risk of less favourable terms on a new deal.

The new offerings add significant user-friendliness in terms of the financial and administrative hardships commonly attributed to buying and selling a property—and proudly exemplify the immense potential of a portal being owned by a major bank.