Challenger portal offers new referral fees thanks to partnership

Challenger portal group OneDome has linked with a chain repair service to provide what it calls an end-to-end property offering.

The OneDome group - which operates the individual sites OneDome and Nethouseprices - is partnering with home-buying and part exchange service Spring.

Agents listing with OneDome and Nethouseprices will be able to use Spring’s Chain Repair and Part Exchange products to help vendors in need of a quick sale, or who have a broken chain, or who seek to part exchange. 

This ‘guaranteed buying’ service via the OneDome platform will earn agents an introducer fee - the same agent will then have first refusal to resell the property once it is legally owned by Spring, allowing the agent to enjoy two fees per transaction.  

Following an in-depth on-boarding programme, OneDome’s partner agents will be able to offer the nationwide ‘guaranteed buying’ service to purchasers and vendors on both freehold and leasehold properties in any condition, in any location. 

OneDome is additionally working to create a panel of selected estate agents called 'Premier Agents' and offer exclusive access to properties for sale by Spring and other partners. 

“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” explains Babek Ismayil, founder and chief executive of OneDome. 

Meanwhile Cormac Henderson, the chief executive of Spring - which offers vendors up to 93 per cent of properties' value with a rapid completion - adds: “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.”