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Property search in India by millennials begins online.

There are almost 1 Lakh+ searches each day on various aspects of real estate.

These online searches eventually culminate into the purchase decision of a product or service based on information gathered online and verified off-line.

About OpenHouse

Property search in India by millennials begins online. There are almost 1 Lakh+ searches each day on various aspects of real estate. These online searches eventually culminate into purchase decisions of a product or service based on information gathered online and verified offline.

Currently, the ecosystem supporting the search intents is mostly listing-based. Listings are synonyms to selling with the information provided favoring the listing owners; Namely, property owners, brokers, intermediaries, aggregators, boards, and developers. The online users end up employing their ‘own research’ based on various sources for decision-making, that too, with a lot of skepticism on the findings.

While all stakeholders offering solutions, online or offline, to the users are ‘pushing’ to sell what is known or managed by them, online users are left at lurch to finalize, the most expensive purchase of once lifetime, on a ‘chance’ to get a good deal. The whole experience of the user journey, to make a sound purchase decision, is full of ‘uncertainty’ and ‘mistrust’.

Thus, in order to transform the decision basis from ‘by chance’ to ‘by choice’ during the ‘discovery’ to ‘transact’ cycle, OpenHouse Community comes in as a one-stop source of ‘authentic’ and ‘trusted’ platform for the user.

OpenHouse community was founded with the focused mission to offer ‘authenticity & trust’, by filing the gaps in the current ecosystem, to enable seamless ‘Shortlisting’ & ‘Selections’ before ‘transacting’. This is achieved by means of the following services:

 

OpenHouse Reviews:

  • Customer Led Rating & Reviews- By existing users of the products & Serviced based on critical parameters of selection
  • Authenticated Reviews- Every review – customer-initiated, provided by the developer’s customer, OpenHouse invited – all reviews & ratings are authenticated before posting
  • Shortlisting- Provides shortlisting of property, not based on generic but logical filters, unlike listing boards.
  • Compare Product on critical parameters

 

OpenHouse Community:

  • A community for Common Knowledge & Interest Sharing about real estate
  • A community for Building & Fostering relationships based on trust & authenticity

 

OpenHouse Assist: For Delhi NCR only

  • Assistance in discovery to transact journey based on need identification
  • Assistance in transacting – buying/selling based on user-specific need – no product recommendation without knowing needs
  • Concierge

We are driven by the following guiding
principles while we built Open-House.

Guiding
Principle

INTEGRITY

Integrity demonstrates integrity by ensuring that the review site reflects the opinions of legitimate review authors who have acquired a product or service and have submitted reviews.

ACCURACY

Accuracy ensures that processes of collecting, moderating, and publishing consumer reviews produce reviews that as far as reasonably possible are accurate; that is, adequate, current, and not misleading.

PRIVACY

Privacy ensures the protection of review authors’ personal information.

SECURITY

Security makes certain that all systems have anti-fraud mechanisms in place to protect personal data from internal and external fraud.

TRANSPARENCY

The organization should be transparent about all methodologies, and ownership, that may impact or influence a consumer’s use of the review site.

RESPONSIVENESS

Responsiveness responds to communications from consumers, suppliers, and other interested parties concerning its online consumer review site and take appropriate action without undue delay.

How are we different?

Customer Led Rating & Reviews

By existing users of the products & Serviced based on critical parameters of selection.

Authenticated Reviews

Every review – customer-initiated, provided by the developer’s customer, OpenHouse invited – all

Shortlisting

Provides shortlisting of property, not based on generic but logical filters, unlike listing boards.

Compare Product

on critical parameters.

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