There's a platform to help private property buyers and sellers to manage and handle the process of housing transactions themselves - a sort of do-it-yourself (DIY) platform for the private sector. Ohmyhome has introduced a suit of end-to-end services which include mortgage advisory, legal services for the transaction process, and on-demand agents.
Having successfully facilitated more than 2,300 HDB resale transactions since its launch in 2016, Ohmyhome is now bringing its successful model into the private market.
It has been Ohmyhome’s vision to extend its services to everyone in the housing market, including those looking to transact their private properties. Ohmyhome will also be able to serve the large market segment of HDB flat owners looking to move to a private property and vice versa.
With the market expected to pick up after Q1 as home buyers and sellers re-enter the market, Ohmyhome offers them a DIY way for a simple, fast and affordable transaction.
Completely free to use, Ohmyhome’s DIY platform connects home buyers and sellers directly to each other and helps them handle the transaction on their own. Without an agent, home buyers and sellers save on agent commission which is typically around 1% - 4% of the selling price.
A range of free tools is offered on the platform for buyers and sellers to search, list, negotiate and close the transaction the DIY way. From the in-app chat that directly links up both parties to each other, to the in-app e-valuation tool providing real-time price prediction, Ohmyhome is developed to be user-friendly for private home buyers and sellers to buy and sell condominiums and landed properties easily.
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