Omni Real Estate

What Omni Real Estate does

Omni Real Estate is a privately held, family-owned residential and commercial real estate brokerage and property management firm founded in 2012 by Dion Cheng and Rachel Cheng and headquartered in the San Francisco Bay Area. The company serves individual buyers, sellers, tenants, and property owners across San Francisco, Palo Alto, Pacific Heights, and the East Bay (including Lafayette), with three named producers — Dion Cheng (Broker/Co-founder), Rachel Cheng (Broker/Co-founder), and Christina Villegas (Realtor, joined 2017) — handling sales, leasing, and management. Its service portfolio spans the full property lifecycle: brokerage sales commissions (transaction-based), recurring property management (rent collection, 24-hour maintenance line, monthly P&L statements, tax preparation), leasing (marketing, showings, tenant screening), and short-term rental management distributed via Airbnb.

The firm's principal technology is the Matterport 3D virtual tour platform, a third-party product it deploys on listings to enable immersive, dimensionally accurate property walkthroughs and VR viewing for remote buyers and commercial tenants. It also operates an online owner portal providing real-time access to rental performance, payment history, work orders, and documents. Strategic partnerships include Matterport (technology), Airbnb (channel partner for short-term rentals), and a referral network of preferred agents outside the Bay Area for cross-state transactions.

Revenue mechanics combine three streams: transaction commissions on residential and commercial sales, recurring management fees on managed properties, and short-term rental income (disclosed at $210/night plus cleaning and extra-guest fees, with weekly and monthly discounts). The go-to-market is sales-led through direct broker-client relationships, primarily fueled by referrals and supplemented by website presence and Yelp/Google reviews. No funding, no external investors, and no institutional ownership are disclosed; the business is wholly controlled by its founders.

Name

Omni Real Estate

Legal name

Omni Real Estate

Website

https://omniproperties-re.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

Omni Real Estate is a family-owned Bay Area brokerage and property management firm founded in 2012, serving residential and commercial buyers, sellers, tenants, and property owners across San Francisco, Palo Alto, and the East Bay via direct broker relationships and Matterport virtual tours.

Ownership category

akta.pro rank

Product category

Real Estate Brokerage and Property Management

NAICS

Offices of Real Estate Agents and Brokers (5312), Residential Property Managers (531311), Real Estate Property Managers (53131)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Residential Investment Property Brokerage (SFR/Small Multifamily) (BPAJAAAE)

akta.pro secondary industry

Mixed-Use Property Management (BPAJAGAE)

Keywords

• Residential real estate brokerage
• Property management services
• Commercial real estate sales
• Short-term rental management
• Virtual property tours

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Real Estate Sales Commission: Earn commissions on residential and commercial property sales throughout the San Francisco Bay Area. Transaction-based revenue from buying and selling properties.
2. Property Management Services: Ongoing property management fees including rent collection, maintenance coordination, 24-hour maintenance line, monthly profit and loss statements, and annual tax statement preparation.
3. Short-term Rental Income: Short-term rental of furnished properties at $210 per night plus cleaning fees and extra guest charges. Revenue from both long-term rentals and vacation rentals.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Omni Real Estate is a San Francisco Bay Area real estate brokerage and property management firm that helps clients buy, sell, lease, and manage residential and commercial properties. Founded in 2012 by Dion and Rachel Cheng, the firm guides buyers through home purchases, lists and markets properties, screens and places tenants, and provides ongoing property management including rent collection, maintenance coordination, and owner reporting. It also offers Matterport-powered 3D virtual tours and short-term rental management for furnished properties in markets such as Pacific Heights.

Product overview

Omni Real Estate is a single-product real estate brokerage and property management company offering integrated residential and commercial services throughout the San Francisco Bay Area. Its core offerings are Real Estate Sales and Property Management, which together form an end-to-end property lifecycle service. Property Management bundles in Property Leasing (preparation, marketing, showings, tenant screening) and the Innovative Client Management Software (owner portal for real-time statements, payments, and work orders). The company also offers Virtual Tours powered by Matterport as a differentiated marketing feature for listings, and Short-Term Rental Management as a sub-service for owners seeking short-term occupancy income.

Differentiator

Problem solved

Functional benefit

Products and services

• Real Estate Sales Residential and commercial property sales representation throughout the San Francisco Bay Area, including San Francisco, Palo Alto, East Bay (Lafayette), and Pacific Heights. Agents guide buyers and sellers through the full transaction process using local market knowledge.
• Property Management Full-service property management for owners in San Francisco and the Bay Area, covering tenant screening, rent collection, direct deposit disbursements, monthly profit and loss statements, annual tax preparation, 24-hour maintenance coordination, and real-time online owner portal access.
• Property Leasing End-to-end leasing services including property preparation, market analysis, strategic marketing, showing appointments during days, evenings, and weekends, and thorough tenant screening and qualification.
• Short-Term Rental Management Short-term rental property management including listing on Airbnb and other booking platforms, guest coordination, and dynamic pricing with nightly, weekly, and monthly rate structures (e.g., $210/night base rate for a featured Pacific Heights property).

Quantifiable outcome

• Virtual open house available 24/7
• +2 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Three partnerships are on record, tiered core and minor.

• MatterportcoreTechnology or IntegrationMatterport provides 3D virtual tour technology used by Omni Real Estate to create immersive property experiences. Captures exact dimensions, depths, colors and textures for prospective buyers and tenants to virtually tour properties, including VR capability for remote viewing.
• AirbnbcoreChannel Partner/ Reseller/ DistributorAirbnb serves as distribution channel for Omni Real Estate's short-term rental properties. Featured short-term rental in Pacific Heights listed with direct booking link on Airbnb platform.
• Preferred Real Estate Agents NetworkminorChannel Partner/ Reseller/ DistributorChristina Villegas has established relationships with preferred real estate agents outside the Greater Bay Area to assist clients interested in buying or selling in different regions of California and out of state.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Compass: Large tech-enabled U.S. residential brokerage with significant Bay Area presence; competes for the same agent talent and listings as Omni but operates at vastly greater scale with venture-backed agent recruitment and marketing budgets.
• Better Homes and Gardens Real Estate (BHGRE): Franchise-based residential brokerage network with affiliated agents across California; comparable to Omni's traditional full-service brokerage model but with broader geographic reach and franchise support.
• Redfin: Tech-enabled brokerage and residential real estate platform serving the SF Bay Area; competes directly on listings, virtual tours, and consumer-facing technology, but with a much larger agent network and discount commission model.
• Sotheby's International Realty: Luxury-leaning brokerage operating in the same Bay Area high-end neighborhoods (Pacific Heights, etc.); competes for premium listings and same clientele that Dion Cheng's premium positioning targets.
• Coldwell Banker: Established national residential brokerage with a large Bay Area franchise footprint; competes for the same buyers, sellers, and listings as Omni across San Francisco, Pacific Heights, and East Bay.

Regional players

• Intero Real Estate Services: Silicon Valley-based residential brokerage historically strong in the East Bay/Peninsula (similar to Omni's Lafayette/Palo Alto coverage); comparable service mix of sales and representation with similar local-market depth.
• Corcoran Global Living: Regional residential brokerage with California presence covering Bay Area markets; comparable to Omni in serving mid-to-high-end residential clients with traditional full-service brokerage and localized expertise.

Emerging players

• HomeLight: Tech-enabled real estate platform connecting consumers with top-performing agents; competes for Omni's prospective clients at the lead-generation stage and offers a similar data-driven agent-matching experience.

Others

• Zillow: Consumer real estate platform that drives buyer/seller lead flow to brokerages like Omni and influences commission expectations; not a direct brokerage competitor in the same way, but a critical ecosystem participant affecting lead generation.

Direct peers

• Bay Property Management Group: Bay Area-focused residential property management firm offering full-service leasing, rent collection, and maintenance; overlaps directly with Omni's Property Management service line in the same SF/East Bay geographies.

Market position

Strengths1 record

Weaknesses1 record

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/omnirealestates

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Omni Real Estate