Property Management reviews by real, verified users. Find unbiased ratings on user satisfaction, features, and price based on the most reviews available anywhere.
Property management software streamlines and automates the day-to-day responsibilities of landlords and property owners or managers. The core functionality of property management software revolves around the management of real estate, either in terms of physical space, tenants, leasing, or accounting. Property management software supports a variety of residential and commercial property types and can scale up or down, depending on property portfolio size.
Property management software can range from simple point solutions to a comprehensive enterprise resource planning (ERP) platform. Consequently, the capabilities of a property management solution can be amplified when integrated with rental payment software, lease administration software or lease accounting software, or community association management software.
Real estate activities management software or brokerage management software can be useful to real estate agents or an agency for back-office operations management while facility management software helps users manage the operations and physical assets of industrial-specific properties.
Products in the property management category must tailor their functionality to one or more of the following sectors: commercial, industrial, retail, or mixed user, residential, or multifamily. Commercial property management facilitates the management of any income-producing properties and commercial spaces. Industrial, retail, or mixed-user property management supports a specific subset of commercial property management—industrial (manufacturing, warehouses, etc.), retail, or mixed user. Residential property management facilitates the management of any property used for residential purposes, including single-family homes, multifamily properties, or both. Multifamily property management supports a specific subset of residential property management—residential buildings that have more than one housing unit and tenant.
To qualify for inclusion in the Property Management category, a product must:
AppFolio Property Manager offers an all-in-one solution with accounting, marketing, leasing, and management functionality for multifamily and single-family, commercial, student housing, community association, and mixed portfolio property managers. Our cloud-based property management software includes the ability to: - Provide instant access to reports and statements directly through an Owner Portal - Post vacancy ads to your website and hundreds of listing sites on the Internet with one click
Buildium, a Real Page company, provides a cloud-based property management solution that makes it possible for managers of residential and association properties to take control of every aspect of their business, whether in the office or fully remote, including online rent and payments, vacancy management, maintenance cycles, and accounting. Buildium brings the full lead-to-lease cycle online, from syndicating vacancies to handling lease applications online, to handling tenant screening service
Yardi Voyager is an end-to-end platform combining financial and property management information in a single, centralized database with mobile access to execute leasing, provide resident services, view dashboards, and complete tasks from smartphones and tablets.
ResMan is the industry-leading property management platform preferred by owners, operators and investors across the multifamily, affordable and commercial real estate marketplace. Our platform is built for the evolving needs of your business with a single, intuitive platform. With ResMan you get an open and scalable architecture that offers the choice and flexibility of an expanded product suite and streamlines comprehensive accounting, reporting, and property management capabilities. With a lea
Rent Manager is powerful property management software that combines all the features you need to run your business into one integrated solution. Exceptionally customizable and ideal for properties of every size, Rent Manager is your key to an effective and efficient business. Any Portfolio, Any Size, One Software—Rent Manager.
Save Time & Money by automating property management with our leading easy-to-use and feature-rich web-based software. Features include; Accounting Integration, Online Payments, Announcements, Violation Tracking, Service Requests/Work Order, and More. Our web-based software is designed for HOA, Condos, and properties. A simple way to streamline your maintenance and operations for property managers, board members and residents.
Building Engines improves net operating income across the world’s most successful Commercial Real Estate portfolios. Our customers increase their revenue, deliver the best occupant experience, and reduce their operating costs using our innovative building operations software platform, Prism. Founded in 2000 and headquartered in Boston, with offices in New York City and Scottsdale, Building Engines is developing, acquiring and partnering to address long-standing problems in building operation
Tap into a powerful property management marketing solution that includes dynamic property websites, convenient services and smart multichannel marketing tools. Make life easier for prospects, residents and staff with online leasing, rent payments and maintenance requests.
RealPage, Inc. is a leading provider of comprehensive property management software solutions for the multifamily, commercial, single-family, and vacation rental housing industries. These solutions help property owners increase efficiency, decrease expenses, enhance the resident experience, and generate more revenue. Using its innovative SaaS platform, RealPage’s on-demand software enables easy system integration and streamlines online property management. Its product line covers the full spectru
RentRedi is landlord-tenant software that empowers landlords to easily manage their properties themselves and make stress-free renting affordable and accessible to everyone. For landlords, RentRedi provides an all-in-one dashboard that enables them to receive mobile-submitted rent, list properties to Realtor.Com and Doorsteps, send in-app notifications, screen tenants with prequalifications, applications, and TransUnion-certified background checks (credit, criminal, eviction), and manage maint
TenantCloud is the premier cloud-based property management solution that helps landlords maximize the revenue from their rental properties. Built as a free and comprehensive solution, TenantCloud provides landlords everything they need to manage their rental business in one place, including posting listings, collecting rent online, and screening applicants. TenantCloud is the hub for property management with a user-friendly interface that streamlines the complete rental process, from backend acc
Founded in 2003, Entrata is the only comprehensive property management software provider with a single-login, open-access Platform as a Service (PaaS) system. Offering a wide variety of online tools including websites, mobile apps, payments, lease signing, accounting, and resident management, Entrata PaaS currently serves more than 20,000 apartment communities nationwide. Entrata’s open API and superior selection of third-party integrations offer management companies the freedom to choose the te
At some point or another everyone rents an apartment. So why is the process of renting so difficult? At On-Site, we’re fed up with all the paperwork, the trips to the leasing office and the endless waiting in applicant limbo. We believe that renting should be fast and easy, and more than anything, renting should be fun. After all, what's more exciting than picking out your next home? Since 1999 we’ve been building cloud-based software that helps renters and property managers across the country
With Intuit Quicken Rental Property Management you can easily organize your rental property and personal finances in one place, Find tax-deductible rental property expenses you may have missed Manage income and track expenses by property with ease.
SimplifyEm is much easier to use than spreadsheets and financial applications. You can avoid vacancies and get paid on time with tenant and lease management, save time and money with automated tracking of rental finances, and make tax season easy with one click tax preparation. Tired of filing cabinets overflowing with paper receipts, complex spreadsheets, and expensive property management software? SimplifyEm.com is your solution. Features include: - Rental advertising - Online applications -
Take control of your property marketing, leasing, accounting and operations with Yardi Breeze. Your entire portfolio can be managed with one refreshingly simple solution that supports residential, commercial, affordable, PHA, manufactured housing, condo/associations and self storage markets. Breeze saves you time and money while streamlining tasks around marketing, leasing, rent collection, maintenance, financial reporting and more. Easy-to-use web portals for applicants, renters and owners ma
Property Matrix is a cloud-based property management solution geared towards apartment complexes and multi-family unit properties. It offers a full suite of applications for managing multiple properties: tenant and lease tracking, property accounting, building maintenance, CRM and online classifieds.
Cloud-based property management and trust accounting software for agencies who want to do less, make more and grow more. And the key to how we can help you do that? Powerful workflows that help you take control of your portfolio and your business in just seconds. Five reasons to choose Console Cloud: - Access one platform with many integrations - A better migration and support experience - Unlock powerful automation - Advanced reporting - First-class compliance
CornerStone is comprised of fully integrated customizable components: Rent, Payables, Ledger, Maintenance Work Order and Compliance (HUD and Low Income Housing Tax Credit). USDA Compliance is available and links to CornerStone.
Angus Systems is a leading provider of customer driven mobile and cloud based work order and operations management solutions for commercial real estate. Through Angus AnyWhere®, Angus Systems helps its clients run their properties to the highest of standards. Today, Angus AnyWhere® supports over 2 billion square feet of commercial real estate across North America in buildings from 20,000 to portfolios of more than 100 million square feet. Please visit www.angus-systems.com to learn how Angus
Your residential property management software has to be flexible. It covers everything from multi-million dollar investments to the successful engagement of new renters. The tools of the trade are dynamic — that’s why we take an open and connected approach that won’t limit your business. Our comprehensive real estate technology was designed to give your organization the freedom to take control and chase down new opportunities, plus integrate accounting and property management to make life easier
Property Vista is a property management software solution that transforms how property managers manage their properties and build tenant relationships to grow their business. Property Vista integrates all of the necessary tools for property managers to efficiently manage their properties and improve the tenant experience - from prospective tenant applications to move-out inspections and everything in between, Property Vista’s intuitive cloud-based platform helps property managers create a mean
MRI’s commercial real estate software gives you the freedom to scale your real estate business. Simplify the management of your office, industrial, and retail properties by automating complex lease calculations, including lease clauses, breakpoints, offsets, estimated payments, and recoveries. With one centralized data repository, your commercial property management and leasing teams will always have access to the latest tenant information. Configurable reporting and data visualization tools all
Zego (Powered by PayLease) is a property technology company that frees management companies and community associations to go above and beyond for their residents. Zego’s mobile-first engagement platform for the residential real estate industry unifies the most critical resident touch-points into one app. From payments and utilities, to communications and smart devices, everything is seamlessly integrated into your back-end system. Zego delivers portfolio-wide efficiency, higher NOI, and more eng
Property management software is a boon for overworked property managers and owners. The front office and back office responsibilities of property owners, property managers, and landlords are varied, exhaustive, and, in many cases, manual. Some of those responsibilities include: communicating with residents and tenants, managing lease applications, keeping track of on-time and delinquent rent payments, managing maintenance requests, and maintaining and updating accurate property listings.
There is some overlap between facility management and property management; the main difference comes from the purpose of managing the building as well as the tenants. While the goal of facility management is more focused on the productivity of tenants and maintenance of the building, property management is more about managing the property for the sake of residents and tenants and ultimately increasing the value of a property. Facility management is concerned with maintenance and inspections for tenants while property management has features pertaining to financial management. There is also some overlap between hotel property management software and real estate property management software—specifically in the realms of operational efficiency, room resource allocation, and overall facility management capabilities.
Real estate property management software is designed to work for a variety of residential, industrial, and commercial property types and business sizes. Property management software enables the operational management of real estate portfolios, not the nurturing and development of real estate investments.
Key Benefits of Property Management Software
Property management software is designed to efficiently and centrally manage the exhaustive list of responsibilities of property managers and owners. Property management software helps property managers and owners do away with their previously manual system of spreadsheets, email, and document filing. The software centralizes and unifies the tools necessary for an efficient and productive business.
Instead of relying on disparate, web-based, and paper-based tools, property managers and owners can depend on a single platform that offers seamless integration to supplemental third-party software.
Financial management — Property management software allows users to monitor the financial health of their properties. Property managers and owners use the software to simplify or automate their accounting and bookkeeping tasks as well as prepare property portfolio reports for investment activities.
Facility management — Managing real estate properties, regardless of property type, requires the property owner to effectively oversee every aspect of their facilities. Property management software ensures that property owners are enabled to keep track of all maintenance requests from tenants. The software also ensures that property owners pay vendors on time as well as set up recurring work orders.
Reporting — An effective property management tool helps users maintain accurate and compliant property records, understand and predict occupancy rates, better conduct tenant screenings, and streamline the leasing process.
Tenant or resident communication — Tenant and owner portals of property management software improves communication between both parties. This simplifies rent collection and helps in better tracking. Tenants can easily submit maintenance requests through the software. Property owners can have a more unified overview of potential and existing tenants, which results in the added benefit of resident loyalty and reputation management.
Property management software impacts back office activities, but its tenant-facing features are wielded by both tenants and service contractors. While property management software is distinct from real estate investment management software, real estate asset managers leverage property management software for reporting.
Property managers and owners — Property owners of any type of rental utilize property management software to optimize their tasks and activities. Whether they manage short-term or long-term rentals, apartments, student housing, condominiums, single-family housing, commercial spaces, or gated communities—all these properties will benefit from software that automates or streamlines operations.
Tenants — Tenants leverage property management software via a tenant portal when submitting maintenance requests, receiving notifications about building updates or incoming packages, and communicating with property managers.
Asset managers — Real estate asset managers who are involved on the property level of investment portfolio management leverage property management software to enhance the financial performance of income-producing properties.
Aside from cloud-based and on-premises versions of property management software, these tools are also differentiated according to property type. Although all-in-one or end-to-end property management solutions exist and fulfill the business needs of some real estate businesses, users need to align their chosen software to their property type. Commercial and residential real estate are the two types of real estate, based on which users need to choose the right property management software suited to their requirements.
Commercial — Commercial real estate is real estate property that is used for business activities that generate income. Some examples of commercial properties include office buildings, medical buildings, sports facilities, hotels, restaurants, and retail stores. Industrial real estate falls within commercial real estate and can include warehouses, laboratories, and distribution centers.
Residential — Residential real estate is real estate property that is used to house tenants, either for rent or for home ownership. Some examples of residential properties include student housing, single-family homes (homes built on a single lot), condominiums (a community or large building comprised of multiple single units), townhomes (a condominium or single-family home hybrid), cooperative (community-owned building that comprises individual units), and multifamily homes (a single-family home that has been split up into multiple units).
There are a wide range of features traditionally offered by property management solutions. Property management software fulfills the business needs of a variety of property types and real estate business sizes, hence, the features may vary. Common property management software features include a mix of the following:
Accounting — Property management software offers built-in accounting functionality or streamlined integrations with third-party accounting solutions to enable the financial monitoring and management of properties.
Rental payment — The software provides rental collection and processing functionality as a built-in feature or designed to integrate with specific third-party rental payment solutions.
Lease management — Lease management features of property management software provides customizable lease templates or a workflow to streamline the lease contract management workflow. It enables the creation, duplication, and storing of rental applications.
Maintenance management — Property management software allows the management of maintenance and service requests, the scheduling of service contractors and providers, and communication between tenants and property owner about upcoming maintenance activities.
Rental listing — This type of software provides built-in rental listing management, integrations with multiple listing services (MLS) or real estate websites, or both to advertise vacancies or upcoming available units.
Tenant portal — Property management software provides a portal for tenants to communicate with property managers, pay rent, and submit service requests.
Tenant screening — This feature facilitates the screening of prospective tenants, either before or after the submission of lease or rental applications. It may also provide a contact database for existing tenant or prospective real estate leads.
Space management — Space management feature streamlines resource allocation, monitors and reports of space and material utilization, and enables the better management of physical properties.
Insurance management — The software provides features to simplify compliance with and access to relevant real estate insurance policies.
Property type — While some property management software vendors are very clear on the type of property they support, proper research is still important. Without due diligence, for example, a residential property manager can purchase a property management solution that’s better designed for commercial properties. Buyers of the software must pay close attention to the property type that the solution can support, so they don’t spend time investing in a platform that may not fit their needs.
Scale and scope — A property manager who is in charge of a handful of properties will have different requirements and budgets than a property manager who is in charge of multiple units in multiple buildings. Some property management solutions are designed to scale with the portfolio while some are not. In such situations, some vendors provide customer support while others may not. Buyers must determine what aspects of property management is important, to avoid purchasing a solution that is either too comprehensive or too limiting, in terms of property growth.
Property management experience — Property managers are just as wide-ranging as property owners. Brand new property managers who are in charge of a single property don’t necessarily have the same pain points as more experienced property managers who have nurtured their property portfolio and must navigate a variety of local compliances and regulations. Property management software can either address a single pain point or provide users with an expansive, end-to-end solution.