Singapore, 28 May 2020 | One-stop property solution Ohmyhome announced today that home sellers will now be able to post their own video tour listing for free on the property platform, to allow home sellers to conduct remote home viewings from the comfort and safety of their homes.
Although property viewings still cannot be done in person after circuit breaker formally ends, homeowners will be able to bring prospective buyers and tenants on a virtual walk-through of their home and allow home viewings to resume online during these unprecedented times. For homeowners, not only will virtual viewings save time, Ohmyhome is also committed to supporting them by sharing tips to help make their virtual home tour impactful and attractive. DIY users will also be able to upload video tours at no cost.
Prospective buyers will be better able to visualize the property and have a sense of inhabiting the space compared to static images. Not only do video tours benefit users by providing more information before they invest time into physical viewings or starting a conversation with the seller, a well-executed video tour enables buyers to purchase property without the need for traditional physical viewings.
Since the start of Circuit Breaker, the company observed a threefold increase in users on its property portal. The surge is a result of sellers and buyers – including DIY users and the company’s in-house agents – turning to remote buying and selling as physical viewings are no longer possible. The technology platform began testing the feature in April, and the first successful transaction with only a virtual viewing happened in under eight days.
Beyond the circuit breaker period, virtual home tours will add value to users as it offers a viable alternative to physical viewings where it might be impractical or inconvenient such as if the user is currently residing overseas. Ohmyhome sees the increase in app usage as a sign that this is a valuable feature that users find helpful. As the world moves forward, virtual home tours are here to stay as it offers an online alternative for sellers to conduct viewings of their property.
Rhonda Wong, CEO and Co-founder of Ohmyhome, said: “Many buyers and sellers who are currently looking to buy and sell have made plans since months ago, regardless of the restrictions on physical viewings during covid-19, and we endeavour to make the process as seamless as possible for them. Ohmyhome will usher in a new era of virtual home showings.”
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About Ohmyhome:
Ohmyhome makes property transactions simple, fast and affordable through a DIY platform, top-tier agent services, mortgage advisory, conveyancing and much more. It is Singapore’s leading PropTech Solution and a CEA-licensed real estate agency.
The DIY (self-serve) platform connects homeowners and searchers directly at no cost. Thousands of property listings are genuine, unique and simple to browse. Innovative features such as ‘ShoutOut’ and ‘Open House’ enhance the overall user experience. For those who prefer comprehensive and professional assistance, competitively priced agent services are available from 1% commission for Condo Agent Service, and at flat fees from $588 to $4888 nett for HDB Flat Agent Services. Powered by advanced technology and trusted by customers, Ohmyhome agents are the most efficient in the market. Since launch, close to 5,300 homes have transacted through Ohmyhome which represents a combined value of over S$1.6 billion.
Ohmyhome launched in Malaysia in July 2019, as part of its expansion plans in the Southeast Asia region. It is the first cross-border one-stop property solution that has served thousands of customers in Singapore.
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Marion Yong | Hester Chua | Aaron Tang
PR Communications Pte Ltd
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Email: marion@prcomm.com.sg | hester@prcomm.com.sg | aaron@prcomm.com.sg
