How does OneDome make money?
We work to give customers an enjoyable and connected home buying experience, whilst also helping agents generate more revenue. That’s why we offer various home moving services to customers in their home buying journey. OneDome is paid by various suppliers in the process. We are not reliant on any single firm and aim to make sure that all firms on our platform are vetted.
We help home buyers to prequalify themselves as early as possible in the home buying process to save time and to speed up the transaction. Our aim is to help them to find a lender to buy their dream property. That is why we introduce them to high quality mortgage brokers. We are not reliant on any single mortgage broker firm.
We welcome mortgage brokers that have strong relationships with estate agents or are part of the estate agency business to join the platform. Our data proves that home buyers get a better experience when they work with firms that have strong relationships with each other. So, if you would like to bring your mortgage firm or relationship to our platform, please send us an email. Just to be clear, we don’t interfere in commercial arrangements between various firms. We generate revenue by helping to facilitate the transaction.
Conveyancing is an important part of the home buying process and the one that is notoriously stressful for consumers and agents. This is why we are helping consumers by connecting them to quality firms on our platform and help to navigate the process as smoothly as possible.
We provide the ability for an agent to setup their own conveyancing panel. We don’t charge referral fees to conveyancing firms and don’t interfere with the commercial arrangements between firms. We provide conveyancers with a set of integrations they can use to complete some of their tasks. These include integrations with leading search providers and services that can validate a client’s ID. We charge conveyancers the market rate (or better) when they use our integrations, and make a small margin on these charges.
Agents have the option to receive vendor leads from OneDome. It is an optional, additional service and we only charge agents a success fee on completion.
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