Real estate ERP that ties construction, sales and transfers to one project record
Vendor-neutral ERP rollouts — selection, fit-gap analysis, phased go-live, change management, integration with legacy systems.
Note: We implement ERPs but do not resell licences. Vendor-neutral — we recommend the system that fits, not the one with the biggest commission.
Short answer for ERP buyers
A real estate ERP should use one project and unit record from the construction budget through booking, sale-and-purchase contract, down-payment schedule and loan status to ownership transfer and defect tickets. When sales, construction and accounting keep separate files, units get double-booked, overdue down payments slip, and management only sees project margin after closing.
Workflow and price model reviewed:
Workflow from project master to transfer and after-sales
The core is one project and unit master (plot or room, house type, price, status) that sales, construction, lending and accounting all reference, so unit status, cash received and cost paid can be compared.
1. Project, units and price lists
Import plots or rooms, house types, areas and versioned price lists, with an available/reserved/contracted/transferred status that changes only from real documents.
2. Construction budget and cost per project
BOQ, WBS, requisitions, POs, subcontractors and retention tied to the project and phase, so actual cost is compared with budget before completion.
3. Booking, contract and down payments
Take the booking deposit, issue the sale-and-purchase contract, build the down-payment schedule, issue receipts, remind overdue instalments and record cancellations or refunds under the contract terms.
4. Loans and ownership transfer
Track each buyer’s bank application, book the transfer date, calculate transfer fees and taxes at the rates the government agencies publish at that time, and collect every document before the transfer day.
5. Handover, defects and the juristic person
Inspect the unit before transfer, open defect tickets with the warranty period, assign the contractor fix, and hand owner data to the condominium or housing-estate juristic person.
6. Management reporting
Sales and backlog per project, cash received against construction spend, remaining units and gross margin per project; revenue recognition follows the accounting policy the company’s auditor approves.
Real estate ERP planning budget
This model assumes 1 legal entity, 1–3 projects on sale, one approval flow and one accounting integration, priced at the published starting rate of THB 7,990 per man-day as a planning example, not a market price or fixed quote.
| Workstream | Estimated effort | Cost model | Assumption |
|---|---|---|---|
| Core ERP + project/unit/price master | 6–11 man-days | THB 47,940–87,890 | Accounting, purchasing and stock use standard flows as a base |
| Construction budget and cost per project | 3–6 man-days | THB 23,970–47,940 | An agreed BOQ template and cost codes exist |
| Booking, contract, down payments and transfer | 4–8 man-days | THB 31,960–63,920 | Contract and down-payment formats do not differ for every project |
| Migration + UAT + training | 2–5 man-days | THB 15,980–39,950 | An owner reconciles units and receipts of projects on sale |
Pricing boundary: The example total is about 15–30 man-days, or THB 119,850–239,700, depending on how much standard functionality is reused. It excludes licences, cloud, a buyer app or portal, payment gateways, bank integrations and customization beyond the assumptions.
Recurring costs to keep separate
- Licences per user/module
- Cloud, backups and contract document storage
- Payment gateway, SMS/LINE instalment reminders or e-signature
- Support, upgrade tests and change requests
Inputs required for a real estimate
- Current projects, units, house types and price lists
- Sample booking form, sale-and-purchase contract, down-payment schedule and cancellation terms
- Loan and transfer steps, banks used and the transfer-day document checklist
- Accounting, CRM or buyer portal to integrate
Real-estate-specific acceptance criteria
- The same unit cannot be booked or contracted twice, and status changes only from documents
- Booking and down-payment receipts reconcile with the contract schedule and the bank
- Cancellations, refunds and unit swaps follow approved rules without double counting
- Transfer fees and taxes in test cases match the government calculator or published rates
- Defect tickets keep the warranty period, owner and closing date
Real estate ERP questions
How is real estate ERP different from construction ERP?
Construction ERP centres on BOQ, purchasing, subcontractors and job cost. A property developer also needs the project and unit master, bookings, contracts, down payments, loans, transfers and after-sales, on the same project data as construction.
Can we start with sales and unit stock first?
Yes, and it is usually the fastest start: the unit map, bookings, contracts and down-payment schedules stop double bookings and track overdue payments at once. Construction cost and accounting follow when the data is stable.
How much does real estate ERP cost?
The visible planning example is 15–30 man-days, or THB 119,850–239,700 at the starting rate of THB 7,990 per man-day, under the stated assumptions. Licences, cloud, a buyer portal and external integrations are separate.
Related decision pages
ERP Implementation in other industries
In other regions
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