Traditionally, looking for the right Philippine real estate property means looking for an agent or visiting the developer’s website. However, hopping from one developer project to another (or calling different agents) can be complicated and time-consuming.

Undeniably, each developer will push for their project, leaving clients to fill in the gaps and make their own assumptions.

What if there’s a complete library of properties?

What if instead of visiting separate property sites, prospective homeowners can go to a “one-stop shop” platform which features all available properties?

What if you can visit a property tech ecosystem where you can set your budget, your preferred location, and your home and then view the filtered results?

In addition, what if this platform can provide the professional assistance of licensed brokers and agents you need in securing home loans, documentation, and even tenants? Wouldn’t that be a better and more efficient way to house hunt?

Ohmyhome partners with 153 developers with over 80,000 properties?!

Enter Ohmyhome, the Philippines’ premier property technology platform. Ohmyhome has partnered with 153 of the Philippines’ top real estate developers to provide buyers with a comprehensive list of over 80,000 property units for customers to choose from.

Customers can search for properties by region across the country as well as by the name of the developer. By making accurate information available to everyone, customers are able to make the best decisions for themselves instead of buying into the best sales pitch.

Every property is an important purchase.

Ohmyhome has a licensed brokerage

Not only is Ohmyhome a tech platform with a website and mobile app, but we are also real humans too!

Ohmyhome has a licensed brokerage with licensed sales agents to ensure we can fully serve and support their customers.

Whether it is online inquiries on Ohmyhome’s website, mobile app, messenger, phone call, Viber, or offline in-person site trippings, their customers are assured to be well taken care of.

From Singapore to the Philippines to your Home

Ohmyhome Philippines is the latest incarnation of the original Ohmyhome platform, which traces its roots in Singapore. In Singapore, Ohmyhome is hailed for its amazing platform and outstanding agent services.

Since its launch in 2016, the platform has successfully done transactions worth over $2.5 B in Singapore alone.

In fact, Ohmyhome is the most highly-rated real estate platform with more than 8,000 five-star reviews. That says a lot about them, especially in the fragmented property market. It’s no wonder that they have won numerous awards with over 175,000 monthly active users.

Filipinos will definitely benefit from such an outstanding company.

Always Customers First

Founders Rhonda and Race Wong realized the gap in the real estate transaction market where sales commission is prioritized over finding the right property for the buyer.

Ohmyhome sets out to be the company that puts customers first above all else. Buying a property is a major milestone that should be celebrated instead of a hassle.

The website interface, agent services, and customer services are all highly curated to create the best home-buying experience.

Happy Customers From Filipinos

For the Philippines, the property market challenges remain the same. Philippine real estate transactions are often met with roadblocks such as varying information from different websites, documentation, and regulation requirements.

Considering that today’s buyers, the majority of which are millennials, prefer conducting their own research before contacting a developer. Rather than visiting different sites and comparing notes, a property tech platform like Ohmyhome would be their best solution.

On top of that, many OFWs are reaching out to Ohmyhome. Knowing that Ohmyhome is from Singapore and with a shining track record, trust is an important factor when it comes to choosing who to buy a property with.

Hear it from the Customers!

• “I’m so thankful I found Ohmyhome because initially, I thought that there’s only that one choice in the area I want to buy, but it turns out there’s 5 to choose from. So in the end, I got one which (has) better pricing and also a good size for my family.” – David Rosalles
• “I am so surprised that I was able to buy the property that I want at a bigger discount with Ohmyhome. I think they run special exclusive promotions. It’s just amazing, I got to save a few thousand and the sample computation is very clear so I know my payment terms.” – Ryan Gan
• “If you’re planning to shop for a new property, just go to Ohmyhome. They are so patient with me. My family had so many ideas and comments and the agent is really a kind and nice man.” – Michelle Rodriguez

Like David, Ryan, and Michelle, Filipino consumers will find the one-stop-shop platform easier when it comes to comparing amenities, specifications, and prices.

And when you add professional real estate assistance and customer service to the mix, you’ll see why more and more Filipinos are buying with Ohmyhome. Ohmyhome is always thinking of its customers’ best interests.

Property Platform, App, and Social

Outside of the Ohmyhome platform, Filipinos can also access Ohmyhome’s listings, promotions, and advice by downloading the companion app available on iOS and Android. For even the latest news and information, users can also follow Ohmyhome’s Facebook, Instagram, and YouTube accounts.

Ohmyhome: the Launchpad for Philippine Real Estate Success

Ohmyhome Philippines Marketing Head Lloyd Cunanan noted that developers happily turn over their property listings to Ohmyhome. “Getting featured in a property tech platform that already has a substantial following can help them better compete. We have a robust digital ecosystem that gets their properties the necessary exposure and traction online. Our Ohmyhome site, app, and social pages all contribute to making a vast real estate media network. Add the fact that Ohmyhome also has the highest Domain authority in PH real estate. All this makes us the first site to visit when dealing with Philippine real estate. Aside from our digital expertise, we have monthly events that cater to new launches that provide an avenue for the “more traditional” homebuyers to experience and procure their next life-changing property investment with us,” he added.

“The Philippine real estate industry was due for a technological upgrade, and we’re happy to say that Ohmyhome fills that need,” said Race Wong, Ohmyhome’s co-founder. “More and more Filipinos are going online to look around the properties they want to live on or invest in. Property tech platforms make it much easier to do your research without having agents pressuring you for a decision. That’s why buyers find visiting Ohmyhome to browse property listings and compare between projects and developers a more relaxed but efficient experience.”

It’s about time Philippine real estate got an online makeover. Thanks to Ohmyhome, property hunting is now an easy and fun activity again. Even better, you receive substantial savings and valuable assistance every time.

The post Ohmyhome: the Launchpad of Modern Philippine Real Estate appeared first on Village Connection PH | Village Connect PH.

Rental Property Basics: What You Need to Know Before Putting Out a “For Rent” Sign 

Can you rent out your property if you have an ongoing mortgage? While the answer is a resounding yes, you should also check the fine print of your loan agreement first before putting your rental plan into action. That’s because banks and other lending institutions find it safer to award housing loans to buyers who want a place to live. This type of buyer is more likely to stick with their purchase compared to investors who are more likely to bail out at the sign of economic trouble. 

Check Your Own Mortgage Contract (If Ongoing)

In some cases, loan agreements come with a stipulation or two regarding rent. One is that the new homeowner can rent out the property only until a certain period elapsed (usually a year). Or, the loan agreement may require the buyer to state the reason for purchase and inform the bank of any changes. Once the buyer changes plans and rents out the property, the bank might impose penalties. 

It also pays to check out the prevailing rental rates in the area. Instead of unilaterally going with your gut feeling and throwing out a number, get a firm grip on your situation. Ideally, you’d like monthly rent checks to cover your monthly mortgages. However, it doesn’t work that way. One way to determine the property rental rates is to calculate 0.8% to 1.1% of your property’s total contract price. While 0.1% is the ideal rate, factors such as location, demand, and amenities can also come into play. Additionally, look around at the neighborhood for the going rates. Ideally, you’d like to check out rental rates for properties similar to what you own. This will give you an idea of the acceptable range in the area.

Research Local Laws on Rental Properties

Finally, you might want to brush up on local laws and guidelines on rental property. The key things to look into closely are rental increase guidelines and tenant rights. There are national laws such as the Rent Control Act of 2009 that specify how much a landlord can increase rental rates. Also known as RA 9653, the law also provides other rules such as maximum deposit rates and tenant’s rights against sudden or forcible eviction. In addition, other local laws may also apply that landlords should be well aware of. This may include specific responsibilities of the landlord with regard to maintenance and upkeep of the property. This includes fixing broken windows, replacing bulbs, freshening walls with paint, and inspecting the water pipes. 

Getting Your Rental Property Ready

Checking up on your rental property before making it available to the public is also a good idea. It’s not just a bit embarrassing to have potential tenants point out leaks, dents, or any other problems during an inspection. It also removes any opportunities for tenants to lowball offers due to alleged poor maintenance. Putting some effort to fix up the property and making some general cleaning and maintenance work can also make the rental property more attractive.

Ideally, you should also make an item inventory and status check for the entire rental property. List down all the equipment and note the dates of your last maintenance tasks. For example, note the replacement dates of all light bulbs (ideally, you installed new ones prior to the tenant moving in) or put in a new filter in your water system. You can also note the current electricity meter consumption as well as the last water meter reading. Providing this list to your tenant prior to moving can avoid a lot of potential disputes in the future.   

Lawyer Up and Visit the Bank 

Finally, have your contract looked over by a lawyer in order to check if all provisions are above board. In case some disputes arise in the future, this simple checkup ensures that your agreement is ironclad and legal.   

At the same time, prepare your finances as a landlord. How do you plan to collect rent every month? Whether you’re okay with online transfers or a monthly check, you’ll need to open a bank account to prepare for those incoming payments. Once you managed to get a deal with a tenant, share the information as soon as possible. Many banks waive transfer fees or relax deposit rules if your tenant enrolls your accounts. 

Let  Ohmyhome Help Get Tenants For Your Rental Properties 

Finally, you’re ready to let the world look into your rental property. You can choose to list your property on a number of social sites or in local community directories. Or, you can make it simpler by enrolling your units in tech property platforms such as Ohmyhome.  Ohmyhome is a tech property platform that aims to help Filipinos get the property of their dreams, whether it’s for purchase or for lease. With their extensive network throughout the country, Ohmyome can find you a tenant in no time at all.    Looking for tenants for your rental properties? Let Ohmyhome Philippines help you market your units. You’ll also get free expert advice on renting out and managing your property. For more news and information, download the Ohmyhome iOS or Android app. Or, follow our Facebook, Instagram, or YouTube social accounts to receive daily updates.

The post The Ohmyhome Guide to Managing Rental Property appeared first on Village Connection PH | Village Connect PH.