Joining an Online Real Estate Startup A Co-op Study in Administration

Last modified: October 20, 2022
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Project Title: Joining an Online Real Estate Startup: A Co-op Study in Administration
Author: Sumikshya Lama
Advisor: Dr. Chanatip Suksai
Degree: Bachelor of Business Administration (International Program)
Major: Finance and Banking
Faculty: Business Administration
Semester / Academic year: 2/2018

Citation

Lama, Sumikshya. (2018). Joining an online real estate startup: A co-op study in administration. (Cooperative Education). Bangkok: Siam University.


Abstract

This cooperative report entitled “Joining an Online Real Estate Startup: A Co-op Study in Administration and Accounting” has the goals to study the administrative and accounting workings of a real estate company. Objectives of the study include: (1) to learn about the projects on hand and their operational procedure in the real estate industry. (2) Understanding the working culture of Thailand (3) To Self-evaluate my learning from the internship period. (4) To learn about services offered to developers and agents and how it’s implemented. (5) To understand the online platforms of the company and how it’s working. With the company, the student was assigned to work as an Accounting and Administration Intern, in the department of Accounts and Administration. Main responsibilities are to develop project overviews, create and update pricelist of listed projects, maintain expense claims, create agent packs, upload new projects in Sellorate website, assist on preparation of monthly transaction documents, assist in preparing financial forecast and apply new filing system to manage documents. Upon the completion of the internship, it found that the problem was resolved by means of critical thinking, brainstorming and collaboration. In this matter, student is able to learn more about the real estate market in Asia, sales process of condominium units, the working environment in Bangkok. Method of preparing a detail financial forecast, various services offered by the company as well as learnt new applications such as WordPress, Klipfolio and Xero which are very important for future career development and profession.

Keywords: real estate, accounting, financial forecast.


Joining an Online Real Estate Startup A Co-op Study in Administration

Faculty of Business Administration, Siam University, Bangkok, Thailand

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