Real Estate Sales

[Former Member]

Hi Gurus

We are implementing in a real estate company which deals mainly in residential projects. This company is doing construction (hired contractor) and selling of residential apartments.

We have explored standard SAP solution for mapping this process. But i got confused between three modules : Real Estate Classic, Flexible Real Estate (RE-FX) & SAP ECO (Engineering, Construction & Operation) Real Estate Sales

Our requirement is to create sales unit which is nothing but residential apartment and than to sell those to various customer with different payment plan. All things needs to be linkes with SD & PS modules.

I explored RE-FX and found that it has no connection with SD modules and it becomes very difficult to have various pricing condition with different payment plant. Same thing applies to Classic Real Estate management.

And if I go alone with SAP ECO Real Estate sales than also I am loosing leasing & facility management functionality. And also I am confused how inventory will be generated for sales unit in SAP ECO.

Please help guys suggesting which solution to map such scenario for real estate industry.

Regards

Real Estate User

[Former Member · Accepted solution]

Hi,

One solution could be to use SD for sale and REFX for leasing. I believe the sold units will not be leased and leased units will not be sold. In SD u can create every unit as a material and each sale will be represented by a Sales order.

Other solution could be to use REFX for both sale and leasing. In that case there is no need for SD. But here the payment plan and price determination is not happening.

Regards,

Deepak

[Former Member · Accepted solution]

If I use SD than I have to develop everything in terms if Building, Site Which I think will increase overall project timelines.

Any ides how good EC&O Real Estate Sales process is?

Regards

Real Estate User

[Former Member · Accepted solution]

Hi,

In SD we cant create building and site. what we can do is to maintain them as product hierarchy in the material master.

The RE Sales is a good solution, but i have heard (not sure) that SAP is stopping its support after 2014. So just check on those lines as well.

Anyways, whatever solution u pick, the development efforts will be high and the project time lines would be around 1 year. Unless the client agrees to the standard solution.

Regards,

Deepak

[Former Member · Accepted solution]

I already posted this to SAP but they replies back saying as of now they can't comment on that..no plans of dropping support.

Yes it looks development effort will be much, but with real estate sales atleast booking order and transfer of ownership will be much easier which will save lot of development effort.

Even i heard of a company which has developed an customized add on which connect real estate sales with RE-FX and they are calling that as HB-FX, solution look cool

Can you share your idea how to map different payment plan in SAP such as connection with PS and than saying that 2nd down payment should have 10% BSP, full car parking. How to map such payment plans.

Also can you share approx how many and what all developments one have to think of for mapping real estate business in SAP.

Again thanks in advance for sharing your views.

Regards

Real Estate User

[Former Member · Accepted solution]

Hi,

Can u share any document on HBfx that would be very helpful.

Regards,

Deepak

[Former Member · Accepted solution]

Hi

You will need to go in for SAP ECO - Home Building Solution. This is to map Residential Construction and Sale. Under SAP Help please go to SAP ECO and look up for Real Estate Sales. This needs to be implemented. In the future if they decide to go in for Leasing - SAP sells their REFX component for SAP ECO seperately. They say its enhanced and is not part of the FICO node in SAP ECO.

Hope this answers your query.

Cheers

Kartik

[Former Member · Accepted solution]

Hi

How ws it resolved ? wanted to share additional info. The Components are available in ERP and DIMP 5 needs to be activated for EC&O - Homebuilding.

Cheers

Kartik

[Former Member]

Well I do not intend to hijack this post but would like to give you a useful information:

RE Sales should not be used along with REFX

It is true that no further developments are planned for RE Sales or for classic RE but I have unofficial information that soon we will have RE Sales integrated with REFX as standard though dates are not out as yet.

Do noy try to develop Sales solution around REFX as it involves lot of devlopment. If you really intend to, there are companies who have certified solution, better use that but it will be expensive.

RE Sales is not a solution that you should look forward to as it is not a full blown solution. To make it worse, you have to use RE Sals with classic RE. RE Sales is an integrated solution with SD. You have to create sales unit master in RE sales and create it as material as well.

To configure various payment plans, I suggest you create some template inquries and copy those inquieries to your inquiry and this will save user time.

[Former Member]

Hi Gurus,

Could anybody send me some information about how can i use RE-FX for sales scenarios?.

How would be the treatment of periodic payments?

Please would you send me some documentation about it? or skype ID to contact u?

Thanks a lot

Alejandra Vargas

alevargas222@gmail.com

[Former Member]

Dear Alejandra Vargas,

SD will help you in sales scenarios for Residential flats/Plots/Commercial space...etc, refx can help you for leasing...

we are using SD for residential apartments sale with payment plans, with PS integration.

you can take item category "TAO" and assign billing plan type "02", Do the necessary settings to the the billing plan type, which will enable a billing plan tab in Sales line item.

you can try this.

Regards,

Reddi

[javier_revenga]

Dear Reddi;

Have any manual configuration or documentation regarding sales scenario from REFX Objets to SD.

As I read your explanation, It,s cant but I doubt if I read wrong.

regards

[Former Member]

Many sellers don’t realize the power of presentation and how it can add thousands to their bottom line. Also, in my experience as a realtor, I always strongly recommend home staging regardless of how nice the home is.Thank you for the information

Joint Venture Specialist

[Former Member]

Hello dear Gurus,

If anyone of you have a solution to this query, please post. The idea is that I have both the Business Scenarios in the same Client/Company Code i.e. Sales of Real Estate Units as well as Leasing Out of Real Estate Units.

What will be the best fit viz. "SD+RE-FX" or "RE Sales+RE-FX" or only "RE-FX" and do share if you have any idea as to whether there is any additional Licencing Cost involved in case we user RE Sales as RE-FX is a part of the Standard ECC Package and does not include separate Licencing Cost.

Thanks & regrads,

Pankaj.

[javier_revenga]

Pankaj Wadhwa

I think RE-FX not integrated with SD, but not sure. I'm trying to get information about it. I am currently in a project where you need the two scenarios, sales and rental. And unfortunately the sale could not manage from RE-FX, not if it is lack of knowledge in customizing or really can not.

If anyone has documentation or can share the knowledge I will be very grateful.

regards

[Former Member]

Dear Experts,

We are a Real Estate Development Company based in India. We have just implemented SAP Business One in our company for some basic functions. Now we are looking for some good add-on suitable for Indian conditions of real estate sales and construction.

With Best Regards,

Varun Shah

[Former Member]

Hi

I can help you totally to Run RE Sales From RE-FX as I implemented in 8 Companies.

Just,

let me know your BP exactly.

Thanks

Yusuf Hamdy

SAP Functional Team Leader | IT Sector | AMER Group

58 Elthawra St.|Heliopolis |Cairo | Egypt

Tel 202 2417 0463

Postal Code : 11431

Mobile 0110124244

BBMPIN : 21D2E484

www.amer-group.com

[Former Member]

Hi Yusuf Hamdy,

We are searching solution for sale of building with RE FX , I will appreciate if you can inform me the same.

Regards

Ashish

[Former Member]

Hi

Sale of Building is not possible with REFX. Only Leasingf and Renting is possible. The related nodes are in FI.

The Sale of Real Estate is a part of SAP EC&O Homebuilding Solution. Activate DIMP 5 on Ecc 6.0 and Homebuilding nodes

like Real estate Sales node will appear.

Thanks

Kartik

[Former Member]

Hello yousof hamdy,

I am exploring SAP Real estate Sales node, do you have any documentation/ information on this.

regards

srinivas

[Former Member]

Hi Yusuf,

I hope you can provide me the documentations on how you did RE Sales using RE FX. Thank you.

[javier_revenga]

Hello Hamdy Yousof, good day;

Could you help me with documentation on RE-FX Sales? Could you share me any documentation to see how to analyze the sales process RE objects. We are analyzing the sales process from RE-FX to see if we execute it from there or integrate with SD somehow.

regards

[javier_revenga]

Hello Lou Maghuyop, good day;

Do you have any documentation on how to use RE in RE-FX Sales? I'm analyzing processes and I would like to see how this process works in SAP RE-FX.

regards