OneDome offers buyer protection insurance to estate agents

It comes with its HomeBuyer service at no extra cost

OneDome offers buyer protection insurance to estate agents

OneDome has launched an insurance product called OneDome Guarantee that offers all homebuyers protection insurance against financial loss related to a failed transaction.

The insurance policy has a retail value of £120 per policy, but it is being offered by OneDome as part of its new HomeBuyer Service at no extra cost.

Estate agents using OneDome’s HomeBuyer service will be able to offer the homebuyer protection insurance to all their buyer clients.

All the agents who become affiliates of OneDome’s HomeBuyer service receive marketing material, allowing them to inform their buyers and vendor-buyers that they offer additional peace of mind with OneDome Guarantee.

Currently, the service is limited to 100 transactions per year, or £12,000 per branch, but OneDome is looking to remove the limit per branch in the near future. 

Babek Ismayil, founder of OneDome, said that the OneDome Guarantee is a great way for estate agents to stand out from their competition and offer that little extra something to win their clients’ hearts and minds.

“Failed transactions affect over 300,000 people per year, and this is a good way to reassure your clients that they are in good hands,” Ismayil said.

The HomeBuyer service bundles together mortgage and legal services into one service for consumers at a fixed price of £999. Once customers find a property to purchase, all they need is the HomeBuyer service that covers all the essential services they need to purchase a property.

The service is backed by a homebuying platform, which makes it simpler and easier for the consumer to follow. 

Estate agents listing with OneDome can become an affiliate partner of the HomeBuyer Service and offer it to their own clients. Agents earn an introducer fee from OneDome per successful introduction and a dedicated point of contact for every transaction.