Property Industry Eye: New ‘guaranteed buying’ service aims to deliver extra revenue for agents

As featured in ‘Property Industry Eye’: March 29th 2022 by Marc Da Silva

Estate agents listing with OneDome and Nethouseprices property search websites will be able to offer their customers that are in need of a quick sale, have a broken chain, or are looking to part exchange property – a ‘guaranteed buying’ service, after a new lead generation partnership was struck with Spring, a homebuying and part exchange service.

Agents listing with the property search websites will be able to use the Chain Repair and Part Exchange products powered by Spring, and in turn earn an introducer fee. The same agent will then have first refusal to resell the property once the property is legally owned by Spring, allowing the agent to double their fee per transaction.

The new deal, which was agreed with a view to bolstering OneDome’s end-to-end property offering, will allow partner agents to offer the nationwide ‘guaranteed buying’ service to all types of purchasers and vendors on both freehold and leasehold properties in any condition, in any location.

OneDome has also announced that it is working to create a panel of selected estate agents called ‘Premier Agents’ and offer them exclusive access to properties for sale by Spring and other partners.

Cormac Henderson, founder and CEO of Spring, commented: “There are clear synergies between the two brands in terms of wanting to make property transactions faster and more hassle-free. This deal is further evidence that the instant offer model has enormous potential across the UK, as consumers and agents alike, seek alternative options.”

Babek Ismayil, founder and CEO of OneDome, added: “Our mission is to make homebuying simpler and faster for everyone involved. We believe that this partnership will help to unlock additional transactions and revenue for our estate agent partners, while helping customers who have specific needs and requirements.”

Read full article here: New ‘guaranteed buying’ service aims to deliver extra revenue for agents – Property Industry Eye