Open Sesame Properties, a real estate marketplace tech startup specializing in foreclosed and mortgaged properties, launches on April 24, 2025 with a bold vision to transform the Philippine pre-owned property landscape.
With its tagline “Rediscover Homes,” the company is opening doors to an overlooked treasure trove of property inventory in the foreclosed and mortgaged property segment, aiming to help Filipinos find the right property that aligns with their current life journey.
Tapping into the emerging market and investors alike, Open Sesame exhibits an end-to-end solution that offers property discovery, due diligence, acquisition, and property improvement, all in one convenient and reliable platform.
“Sesame speeds up the discovery process by developing search functions, locators, financial calculators, and transparent disclosures about the status of properties—if it is tenanted, has pending litigation, or it is clean-titled. We’re committed to connecting with buyers at their unique stage of life, pairing them with a property that perfectly fits their needs through our platform,” says Open Sesame Co-Founder and Chief Technology Officer Kyle Santiago.
Open Sesame Chief Executive Officer and Co-Founder Zero Seroma adds, “By guiding buyers through several stages of property ownership in our platform, they are unlikely to be confused about how to make their investments valuable. Our product is rooted from our CARE values: Convenience, Accessibility, Reliability, and Efficiency.”
Founded on the belief that every foreclosed home holds a hidden story waiting to be rewritten, Open Sesame Properties is redefining the market by making these foreclosed properties not just accessible, but aspirational.
With a sleek digital platform, the startup turns the complexity of acquiring foreclosed homes into a seamless journey, offering a fresh perspective on real estate opportunities in the Philippines.
Chief Finance Officer and Co-Founder Jaro Abadines remarks, “Seeing our current inventory, I’m confident we can cater to a lot of Filipinos aspiring to own a home because there are a lot of financing options available. Another good thing is that foreclosed properties are usually sold lower than the market value and because of that it instantly builds equity to either a potential home owner or an investor looking to rent out these properties or appreciate its value over time.”
Abadines adds, “Being in the business of making these properties so accessible and affordable can really be a game-changer in the market.”
Open Sesame will debut its platform through a launch event on April 24, 2025, 14:00 at KMC Armstrong Salcedo, Makati.
The property tech startup is also opening its doors to strategic partnerships this year and they are looking at unlocking more conversations and collaborations that address the real estate gaps and property sustainability in the country.
