OneDome Pledges £100 to Charity Per Failed Transaction, Says CEO

May 12, 2021
Share this Post: 

Working to improve the ease at which consumers buy and sell property, one UK challenger is pledging to donate £100 to charity for every failed transaction on its new homebuying platform. 

OneDome claims that its new platform will drastically improve transaction times from 20 weeks to 10 by its launch date. Eventually, the challenger says that transaction times will be cut to just six weeks, once it gets the ball rolling. 

OneDome Chief Executive Officer Babek Ismayil, who said the reason behind this move was to elevate the transaction experience for buyers, sellers, and agents alike, explained:

“We have built a platform that doesn’t only offer visibility of the transaction to all parties involved, but actively coordinates and manages the transaction based on a specific timeframe.”

The platform’s more minute details are still under wraps while it prepares for its official launch. Ismayil claims that this new platform will offer an easier way to view data for all parties involved in real estate transactions and automate basic tasks to offer a more efficient way to buy and sell homes in the UK. 

The charity donation pledge is ambitious and Ismayil is well aware. He doesn’t expect the 50% reduction in transaction times to happen overnight but says the help of the newly created hashtag #JoinOurChallenge, he promises £100 to the charity of an agent’s choice if the transaction takes over 10 weeks to complete after it's begun via the platform. 

Ismayil said:

“The design and functionality of our platform provides you with the control you need to streamline processes, increase productivity, and in turn, grow revenue.”

He is welcoming any suggestions and critiques on the OneDome community page before the launch of the platform in order to better understand the needs of agents, buyers, and sellers so the OneDome team can improve anything prior to the official launch.

May 12, 2021
Victoria has been writing about property portals and marketplace sites for Online Marketplaces for over 3 years. She is also our resident artist and is responsible for all of the infographic content on the site.

Subscribe to our mailing list to get news updates!

Enter your email address and get updates from Online Marketplaces.

Related News

Supercasa Tiles Background Portugal
New Challenger Launches in Portugal

Portuguese home hunters now have a new property portal to help them on their journey with the launch of

Read More
Proptech Group Results Generic
PropTech Group Shows Impressive Growth in Q1 Figures

The ASX-listed property technology group The PropTech Group has released figures for Q1 of its FY22 operations. Headline figures from...

Read More
Bien Ici Paris
Bien’ici Debuts New Elixir Property Platform

French property portal Bien’ici has launched a technology platform focused on sales of new property projects. Elixir aims to provide...

Read More
Dutch Portal Funda Acquires Commercial Player RealNext

Dutch commercial property platform RealNext has been acquired by NVM in a move that will see its assets incorporated into...

Read More

Popular News