From left: Talino Ventures Studios President and CEO Winston Damarillo; DTI Trade Service Officer Eric C. Elnar; Philippine Consulate General of Los Angeles Consul General Adelio Angelito S. Cruz; and Get Assured Inc. owner and real estate expert Henry Chen, during the soft launch of Talino’s Bahai Deals last June 10 at the Philippine Trade and Investment Center in Los Angeles.
LOS ANGELES — The Filipino American community has welcomed the launch of an innovative AI-powered, end-to-end property technology (proptech) solution called “Bahai Deals” which is developed to seamlessly connect real estate agents and Filipino home buyers in North America and other territories.
Bahai Deals, which name is coined from combining Bahay (Filipino term for house) and AI, is a product of ingenuity and creativeness of award-winning Talino Venture Studios.
During the launch held at Philippine Trade and Investment Center in Los Angeles, Talino President and CEO Winston Damarillo said, “Global Filipinos have always wanted to own a home in the Philippines but the process was never easy for them.”
“Bahai Deals brings together builders, bankers, and brokers in one platform to help our hardworking kababayan find, buy, and finance their dream properties in their home country,” he added.
Based on the latest Pew Research Center report, about 31 percent of Filipino Americans have expressed their desire to return to the Philippines in the future.
According to Damarillo, Bahai Deals simplifies the home buying journey by providing global Filipinos access to the largest inventory of verified, direct-to-developer listings, multiple payment types, cross-border financing, and endless deals.
He explained that by harnessing the power of AI, Bahai Deals uses smart property matching, which personalizes listing results based on the buyer’s lifestyle, budget, and other goals. It also features sales process automation for lead generation and acceptance of multiple payment types, as well as an easy, end-to-end financing and mortgage powered by Rizal Commercial Banking Corp. (RCBC), BDO Unibank, BPI, Chinabank, and PNB.
“With an ever-growing inventory of properties that consists of a hundred projects and nearly 60,000 units, agents and brokers in North America can now tap into a market of global home buyers that’s ready to invest in Philippine real estate,” said Damarillo.
In collaboration with strategic members of the Asian Real Estate Association of America, Bahai Deals provides a U.S.-wide realtor coverage, so that home buyers can easily connect with any licensed and accredited agent for end-to-end assistance with property acquisition and other related concerns.
Home buyers, Damarillo said, can seamlessly access loan pre-approval, application, and processing, removing traditional barriers to homeownership and enabling a faster, more convenient path to property acquisition.
The Talino executive said top developers like SMDC, Robinsons Land Corporation, Phirst Park, Atlanta Land, Dataland, Ciudades, Fortune Real Properties, Arthaland, Landco, Profriends, and Eton Properties Philippines Inc. have partnered with Bahai Deals to give global Filipinos more opportunities to find and own their dream homes.
For his part, Consul General of the Philippine Consulate General in Los Angeles Adelio Angelito S. Cruz said this is a welcome development for all Filipinos not only here in North America but also around the world.
“Through Bahai Deals and the developers, they will be able to ensure efficient delivery of homes and efficient transfer of funds in the Philippines. So, we are truly happy that through Winston and his team’s vision, this is now available to every Filipino American living in Southern California. We look forward to Winston going all over the United States and opening the doors to over 4 million Filipinos living here. You have the full support of the Consulate,” Cruz said.
Talino Venture Studios is an award-winning global venture studio for inclusive fintech. It is born in the intersection of Silicon Valley and Southeast Asia, Talino Venture Studios with a mission to bridge financial inclusion for over 1.7 billion people around the world. It uses the successful venture studio model to build repeatable, scalable, and profitable fintechs that empower underserved, underrepresented groups around the world with financial access and mobility.
