COVE is the new way to rent your home! We’re a co-living start-up making it easier and more affordable for people to rent rooms. We provide our tenants with stylishly furnished properties, in the most awesome locations in Singapore and make the whole rental process seamless from end to end. Our contract terms are flexible like our tenant’s lives and our rental prices include everything from utilities and wifi and weekly cleaning. Our tenants get matched with great flatmates and also have access to our community events around the city.
COVE is backed by strong global investors and has raised a couple of million US$ in its last funding round. The company aims to grow fast in Southeast Asia and be the #1 co living operator in the region.
Check us out at www.coveliving.co
Job Title: Business Development Intern
Job Type: Internship
Salary: Base Salary
Start Date: ASAP
Reports To: Guillaume Castagne, Co-founder and CEO / business development team
Location: Tanjong Pagar, Singapore
Role Purpose: We’re looking for an ambitious and dynamic graduate or undergraduate to support building COVE’s supply of co-living spaces.
Core Responsibilities:
• Pre-qualification - strata properties: Build Cove’s top of funnel for new strata properties, using efficient prospecting process
• Outreach - strata properties: Give calls or send emails to all prequalified opportunities and introduce them to Cove model. Collect initial info about the property and schedule a viewing / property evaluation.
• Collaboration - strata properties: Assess properties and make sure all information is property collected. Get feedback for management and use financial model to evaluate property economics. Decide whether to go ahead and draw the appropriate steps and conditions for on-boarding new properties.
• Communication - strata properties: Follow up with potential partners after property evaluation and proceed based on the appropriate steps and conditions necessary for on-boarding. Present offers and terms to partners for deals. Manage a negotiation process with partners taking into account specific conditions. Submit contracts and close deals.
• Opportunity assessment and underwriting – whole buildings / bulk deals: Evaluate the deal, create the financial projections (revenue and cost), with internal teams esp. ID, marketing, operations etc. and make final recommendations to company management
Experience and Qualifications Required:
Essential
- Bachelor degree in business or real estate
- Strong financial acumen and Excel modeling skills
- Strong interest in the real estate sector and its new trends
Preferred
- Knowledge of laws and regulations governing Singapore Real Estate
- Real estate network in Singapore
Core Skills/Competencies:
- Strong sales skills
- High drive for results
- Relationship building
- Great spoken and written English
- Ability to be flexible deal with ambiguity
- Attention to detail
- Planning and organization
- Commercial business acumen
What’s in it for You:
Working for COVE gives you the opportunity to join an exciting young start-up incubated through Antler.co. There will be lots to learn as you’ll be working directly with the three co-founders Sophie, Luca and Guillaume and get to experience first hand what it takes to get a new high-growth business off the ground. In your role, you’ll have the opportunity to hit the ground running and take ownership from day one. We will always welcome your inputs and ideas and actively encourage your development. The team is fast paced, hard-working and expects results but we also highly value our employee engagement and are committed to a human and empathetic environment with plenty of fun thrown in. You’ll be working out of Found 8s brand new co-working space on Anson Rd complete with free coffee and a super fun atmosphere!
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