# Best Property Management Software - Page 22

  *By [Neya Kumaresan](https://research.g2.com/insights/author/neya-kumaresan)*

   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. The [best property management software](https://learn.g2.com/best-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](https://www.g2.com/categories/rental-payment), [lease administration software](https://www.g2.com/categories/lease-administration) or [lease accounting software](https://www.g2.com/categories/lease-accounting), or [community association management software](https://www.g2.com/categories/community-association-management).

[Real estate activities management software](https://www.g2.com/categories/real-estate-activities-management) or [brokerage management software](https://www.g2.com/categories/brokerage-management) can be useful to real estate agents or an agency for back-office operations management while [facility management software](https://www.g2.com/categories/facility-management) 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-use, residential, or multifamily. Commercial property management facilitates the management of any income-producing properties and commercial spaces. Industrial, retail, or mixed-use property management supports a specific subset of commercial property management—industrial (manufacturing, warehouses, etc.), retail, or mixed use. 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:

- Track and monitor the financials of a real estate property
- Be used by property owners, property managers, or landlords
- Automate the daily operations of a real estate property
- Provide a portal or method of communication between tenant and property manager




  
## How Many Property Management Software Products Does G2 Track?
**Total Products under this Category:** 567

### Category Stats (May 2026)
- **Average Rating**: 4.39/5 (↑0.01 vs Apr 2026)
- **New Reviews This Quarter**: 408
- **Buyer Segments**: Small-Business 75% │ Mid-Market 23% │ Enterprise 3%
- **Top Trending Product**: Condo Manager (+0.106)
*Last updated: May 31, 2026*

  
## How Does G2 Rank Property Management Software Products?

**Why You Can Trust G2's Software Rankings:**

- 30 Analysts and Data Experts
- 9,400+ Authentic Reviews
- 567+ Products
- Unbiased Rankings

G2's software rankings are built on verified user reviews, rigorous moderation, and a consistent research methodology maintained by a team of analysts and data experts. Each product is measured using the same transparent criteria, with no paid placement or vendor influence. While reviews reflect real user experiences, which can be subjective, they offer valuable insight into how software performs in the hands of professionals. Together, these inputs power the G2 Score, a standardized way to compare tools within every category.

  
## Which Property Management Software Is Best for Your Use Case?

- **Leader:** [AppFolio](https://www.g2.com/products/appfolio/reviews)
- **Highest Performer:** [AppWork](https://www.g2.com/products/appwork-2024-01-11/reviews)
- **Easiest to Use:** [Rentvine](https://www.g2.com/products/rentvine/reviews)
- **Top Trending:** [AppWork](https://www.g2.com/products/appwork-2024-01-11/reviews)
- **Best Free Software:** [Innago](https://www.g2.com/products/innago/reviews)

  
---

**Sponsored**

### TenantCloud

TenantCloud transforms property management by centralizing rent collection, tenant screening, and professional accounting in one seamless interface. Available to try for free, it’s the intuitive, high-efficiency platform designed to help landlords and property managers automate the tedious and focus on growth.'



[Visit website](https://www.g2.com/external_clickthroughs/record?secure%5Bad_program%5D=ppc&secure%5Bad_slot%5D=category_product_list&secure%5Bcategory_id%5D=337&secure%5Bdisplayable_resource_id%5D=337&secure%5Bdisplayable_resource_type%5D=Category&secure%5Bmedium%5D=sponsored&secure%5Bplacement_reason%5D=page_category&secure%5Bplacement_resource_ids%5D%5B%5D=337&secure%5Bprioritized%5D=false&secure%5Bproduct_id%5D=6215&secure%5Bresource_id%5D=337&secure%5Bresource_type%5D=Category&secure%5Bsource_type%5D=category_page&secure%5Bsource_url%5D=https%3A%2F%2Fwww.g2.com%2Fcategories%2Fproperty-management%3Fpage%3D2&secure%5Btoken%5D=ccf1ae6ddac0bff6c2d0793c7c5bb5318c445edbedae0c69b681e91ad5d7c836&secure%5Burl%5D=https%3A%2F%2Fwww.tenantcloud.com%2F%3Futm_source%3Dg2%26utm_medium%3Dclicks&secure%5Burl_type%5D=custom_url)

---

  ## What Are the Top-Rated Property Management Software Products in 2026?
### 1. [TenantFunnel](https://www.g2.com/products/tenantfunnel/reviews)
  TenantFunnel is purpose-built to simplify and digitize the modern tenant onboarding process.



**Who Is the Company Behind TenantFunnel?**

- **Seller:** [TenantFunnel](https://www.g2.com/sellers/tenantfunnel)
- **HQ Location:** N/A
- **LinkedIn® Page:** https://www.linkedin.com/company/tenantfunnel (3 employees on LinkedIn®)



### 2. [Tenantify](https://www.g2.com/products/tenantify/reviews)
  Tenantify provides tenant screening features to ease property management for landlords.



**Who Is the Company Behind Tenantify?**

- **Seller:** [Tenantify](https://www.g2.com/sellers/tenantify)
- **HQ Location:** Chicago, IL
- **Twitter:** @Tenantify (39 Twitter followers)
- **LinkedIn® Page:** https://www.linkedin.com/company/No-Linkedin-Presence-Added-Intentionally-By-DataOps (1 employees on LinkedIn®)



### 3. [TENNET](https://www.g2.com/products/tennet/reviews)
  TENNET is a property management software for real estate property managers.



**Who Is the Company Behind TENNET?**

- **Seller:** [TENNET](https://www.g2.com/sellers/tennet)
- **HQ Location:** N/A
- **LinkedIn® Page:** https://www.linkedin.com/company/No-Linkedin-Presence-Added-Intentionally-By-DataOps (1 employees on LinkedIn®)



### 4. [TeXtra](https://www.g2.com/products/textra/reviews)
  TeXtra is a multi-user, multi-platform, fully integrated property management and accounting software designed to manage Residential , Commercial , and Condominium properties.



**Who Is the Company Behind TeXtra?**

- **Seller:** [Textrasoft](https://www.g2.com/sellers/textrasoft)
- **HQ Location:** N/A
- **LinkedIn® Page:** https://www.linkedin.com/company/No-Linkedin-Presence-Added-Intentionally-By-DataOps (1 employees on LinkedIn®)



### 5. [TheGoodRegister](https://www.g2.com/products/thegoodregister/reviews)
  TheGoodRegister is a fixed asset management software that helps to manage information about the building, the tenants, equipment and supplies.



**Who Is the Company Behind TheGoodRegister?**

- **Seller:** [TheGoodRegister](https://www.g2.com/sellers/thegoodregister)
- **Year Founded:** 2016
- **HQ Location:** Montreal, CA
- **LinkedIn® Page:** https://www.linkedin.com/company/thegoodregister/?originalSubdomain=ca (2 employees on LinkedIn®)



### 6. [The Housing Director](https://www.g2.com/products/adirondacksolutions-the-housing-director/reviews)
  The Housing Director is Adirondack Solutions flagship product. Designed by and for housing professionals, The Housing Director is the best solution for the management of your residential operations.



**Who Is the Company Behind The Housing Director?**

- **Seller:** [Adirondacksolutions](https://www.g2.com/sellers/adirondacksolutions)
- **Year Founded:** 1998
- **HQ Location:** Bridgewater, US
- **LinkedIn® Page:** http://www.linkedin.com/company/adirondack-solutions-inc. (5 employees on LinkedIn®)



### 7. [T&H Property Management System](https://www.g2.com/products/t-h-property-management-system/reviews)
  The T and H Property Management System is a comprehensive tool for today's property manager. Some of its many features include: Demands and statements, quick and efficient transaction entry, service charge accounting including budgeting, management accounting facilities, management diary, and publish to web facility.



**Who Is the Company Behind T&H Property Management System?**

- **Seller:** [T&H Computer Services](https://www.g2.com/sellers/t-h-computer-services)
- **HQ Location:** N/A
- **LinkedIn® Page:** https://www.linkedin.com/company/No-Linkedin-Presence-Added-Intentionally-By-DataOps (1 employees on LinkedIn®)



### 8. [Togondo](https://www.g2.com/products/togondo/reviews)
  Togondo is a property management software platform that aims to streamline operations and drive efficiency and effectiveness in property management.



**Who Is the Company Behind Togondo?**

- **Seller:** [Togondo](https://www.g2.com/sellers/togondo)
- **Year Founded:** 2017
- **HQ Location:** Edmonton, CA
- **LinkedIn® Page:** https://www.linkedin.com/company/togondo/ (1 employees on LinkedIn®)



### 9. [To-let Online Property Management Software](https://www.g2.com/products/to-let-online-property-management-software/reviews)
  A global property listing&managing company: linking agents,and buyers to property owners from any location across the world.



**Who Is the Company Behind To-let Online Property Management Software?**

- **Seller:** [To-Let Digital](https://www.g2.com/sellers/to-let-digital)
- **HQ Location:** N/A
- **Twitter:** @ToLet90800444 (72 Twitter followers)
- **LinkedIn® Page:** https://www.linkedin.com/company/No-Linkedin-Presence-Added-Intentionally-By-DataOps (1 employees on LinkedIn®)



### 10. [Total Management](https://www.g2.com/products/total-management/reviews)
  Total Management is a web-based property management & accounting software.



**Who Is the Company Behind Total Management?**

- **Seller:** [Total Management](https://www.g2.com/sellers/total-management)
- **Year Founded:** 2007
- **HQ Location:** Cleveland, US
- **Twitter:** @totalmanagesoft (337 Twitter followers)
- **LinkedIn® Page:** https://www.linkedin.com/company/gp-software---total-management-web-based-property-management-software (6 employees on LinkedIn®)



### 11. [Tov Rent](https://www.g2.com/products/tov-rent/reviews)
  Tov's high security level allows the Administrator to assign the level of access to the individual user, while maintaining control over the user's modifications. Tov's unique features lowers your accounting fees, performs activities automatically, and saves you time on your daily tasks.



**Who Is the Company Behind Tov Rent?**

- **Seller:** [Tov Programming](https://www.g2.com/sellers/tov-programming)
- **HQ Location:** N/A
- **LinkedIn® Page:** https://www.linkedin.com/company/No-Linkedin-Presence-Added-Intentionally-By-DataOps (1 employees on LinkedIn®)



### 12. [TrueRent](https://www.g2.com/products/truerent/reviews)
  TrueRent software will keep your properties organized, prevent missed deductions, reduce tenant interactions and more, all while keeping your data secure.



**Who Is the Company Behind TrueRent?**

- **Seller:** [RenTec Direct](https://www.g2.com/sellers/rentec-direct)
- **Year Founded:** 2007
- **HQ Location:** Grants Pass, US
- **Twitter:** @rentec (748 Twitter followers)
- **LinkedIn® Page:** https://www.linkedin.com/company/3512715 (20 employees on LinkedIn®)

**Who Uses This Product?**
  - **Company Size:** 100% Small-Business


### 13. [Ublo](https://www.g2.com/products/ublo/reviews)
  Ublo is a rental management software for professional private and public landlords. Its goal is to automate as many tasks as possible in order to gain in efficiency. It has features to realize the quittancement, the inventory of fixtures, the asset management, etc.



**Who Is the Company Behind Ublo?**

- **Seller:** [Ublo](https://www.g2.com/sellers/ublo)
- **HQ Location:** Paris, FR
- **LinkedIn® Page:** https://www.linkedin.com/company/ublo-immo (34 employees on LinkedIn®)



### 14. [Unify LIV](https://www.g2.com/products/unify-liv/reviews)
  Unify LIV is an AI-powered property operations platform and resident experience app, built for condos, HOAs, rental apartments, and student housing. It centralizes maintenance requests, resident communication, amenity booking, lease management, payments, compliance tracking, violation enforcement, and board governance in one app, replacing the disconnected mix of email, spreadsheets, and PDFs that most buildings still run. LIV has native built-in AI features such as advanced AI analytics, Building health dashboard, and real-time AI narrative and actionable insights for each operation features.



**Who Is the Company Behind Unify LIV?**

- **Seller:** [Unify LIV](https://www.g2.com/sellers/unify-liv)
- **Year Founded:** 2021
- **HQ Location:** Toronto, CA
- **LinkedIn® Page:** https://www.linkedin.com/company/liv-by-unify/ (23 employees on LinkedIn®)



### 15. [Unitdash](https://www.g2.com/products/unitdash-2020-07-09/reviews)
  Unitdash is a free to use, easy and robust property management software solution. The company was founded in 2016 with a desire to automate property management processes and deliver an outstanding customer experience.



**Who Is the Company Behind Unitdash?**

- **Seller:** [Unitdash](https://www.g2.com/sellers/unitdash)
- **HQ Location:** N/A
- **LinkedIn® Page:** https://www.linkedin.com/company/No-Linkedin-Presence-Added-Intentionally-By-DataOps (1 employees on LinkedIn®)



### 16. [UnitStacks](https://www.g2.com/products/unitstacks/reviews)
  UnitStacks is a modern PropTech operating platform built for multifamily and student housing operators managing 50 to 5,000+ units. We replace fragmented, disconnected SaaS tools with a unified ecosystem — one shared data layer, one login, one platform. Our suite of purpose-built applications powers the most critical workflows: • TransitionTrack — End-to-end M&A and property transition management, from LOI through Day 1 operations • PostFolio.ai — AI-driven marketing automation and social content publishing • Tidua — AI-powered document auditing and compliance verification • CampusIQ — Enrollment intelligence for student housing investment strategy • Quorum — Executive-level portfolio dashboards with real-time operational visibility Every module is built on a centralized data layer with 60+ standardized property data points, role-based access controls, and enterprise-grade security with row-level isolation. No duplicate data entry. No disconnected systems. No reconciling across tools that don’t communicate. UnitStacks is built for operators — not adapted for them. One platform to run your entire portfolio. 🌐 unitstacks.com



**Who Is the Company Behind UnitStacks?**

- **Seller:** [UnitStacks](https://www.g2.com/sellers/unitstacks)
- **Year Founded:** 2025
- **HQ Location:** N/A
- **LinkedIn® Page:** https://www.linkedin.com/company/unit-stacks/ (1 employees on LinkedIn®)



### 17. [Upangaji RMS](https://www.g2.com/products/upangaji-rms/reviews)
  Upangaji RMS is a Residential and Commercial Rental management Software solution designed by Enfinite Solutions Limited specifically to help today's Real Estate professionals and Property Managers work more efficiently and effectively.



**Who Is the Company Behind Upangaji RMS?**

- **Seller:** [Enfinite Solutions](https://www.g2.com/sellers/enfinite-solutions)
- **Year Founded:** 2007
- **HQ Location:** Nairobi, KE
- **LinkedIn® Page:** https://www.linkedin.com/company/enfinite-solutions-limited (10 employees on LinkedIn®)



### 18. [Uprent](https://www.g2.com/products/uprent/reviews)
  Uprent provides cloud property management software which helps with everything from signing a new lease to tracking rent payments.



**Who Is the Company Behind Uprent?**

- **Seller:** [Uprent](https://www.g2.com/sellers/uprent)
- **Year Founded:** 2016
- **HQ Location:** N/A
- **LinkedIn® Page:** https://www.linkedin.com/company/uprenthq (1 employees on LinkedIn®)



### 19. [Upsite](https://www.g2.com/products/upsite/reviews)
  Upsite helps property owners manage their buildings smarter and easier. The digital platform makes the green transition operational by turning property information into clear insights. This makes it simple to track maintenance, understand building performance, and make smart choices about your real estate. With just a few clicks, you can see exactly what's happening with your properties and plan for the future.



**Who Is the Company Behind Upsite?**

- **Seller:** [Upsite](https://www.g2.com/sellers/upsite)
- **Year Founded:** 2023
- **HQ Location:** København Ø, DK
- **LinkedIn® Page:** https://www.linkedin.com/company/upsite-app/ (6 employees on LinkedIn®)



### 20. [Urbanise Strata](https://www.g2.com/products/urbanise-strata/reviews)
  At Urbanise, we believe the built environment has been poorly serviced by technology. Strata managers, FM managers and utility operators have not seen their industries innovate like others. Manual workarounds, reams of paper & uninformed customers have become the norm. ​Urbanise is helping to change this. We believe software can bring enormous change to the industries we serve. We’re excited about the positive impact our software can have on the lives of people using it. This is what drives us as we Urbanise the world.



**Who Is the Company Behind Urbanise Strata?**

- **Seller:** [Urbanise](https://www.g2.com/sellers/urbanise)
- **Year Founded:** 2014
- **HQ Location:** North Sydney, AU
- **LinkedIn® Page:** https://www.linkedin.com/company/urbanisepulse/ (70 employees on LinkedIn®)
- **Ownership:** ASX: UBN



### 21. [Urban Sky](https://www.g2.com/products/urban-sky/reviews)
  Urban Sky provides Multifamily buildings with a one stop shop business solution that reduces 15 buildings systems into one remotely managed dashboard. Additionally, an Urban Sky Building reduces resident churn by 30% and increases NET income by 10-15%.



**Who Is the Company Behind Urban Sky?**

- **Seller:** [Converting Legacy multifamily buildings into smart buildings for the benefit of owners, managers and residents](https://www.g2.com/sellers/converting-legacy-multifamily-buildings-into-smart-buildings-for-the-benefit-of-owners-managers-and-residents)
- **HQ Location:** N/A
- **LinkedIn® Page:** http://www.linkedin.com/company/myurbansky-llc (1 employees on LinkedIn®)



### 22. [Urbest](https://www.g2.com/products/urbest/reviews)
  Urbest is a digital solution to simplify the management of your building



**Who Is the Company Behind Urbest?**

- **Seller:** [Urbest](https://www.g2.com/sellers/urbest)
- **HQ Location:** N/A
- **LinkedIn® Page:** https://www.linkedin.com/company/No-Linkedin-Presence-Added-Intentionally-By-DataOps (1 employees on LinkedIn®)



### 23. [ValencePM](https://www.g2.com/products/valencepm/reviews)
  Web-based property management software that will help you save time and money.



**Who Is the Company Behind ValencePM?**

- **Seller:** [ValencePM](https://www.g2.com/sellers/valencepm)
- **HQ Location:** Houston, US
- **Twitter:** @ValencePM (100 Twitter followers)
- **LinkedIn® Page:** https://www.linkedin.com/company/7945336 (1 employees on LinkedIn®)



### 24. [VAL-PM](https://www.g2.com/products/val-pm/reviews)
  We offer leading edge software that uses all of the smart technology required to maintain businesses to the highest standards of maintenance.



**Who Is the Company Behind VAL-PM?**

- **Seller:** [Val-Pm Solutions](https://www.g2.com/sellers/val-pm-solutions)
- **Twitter:** @valpm_solutions (2 Twitter followers)
- **LinkedIn® Page:** https://www.linkedin.com/company/val-pm-solutions-ltd./ (2 employees on LinkedIn®)



### 25. [Vantric](https://www.g2.com/products/vantric/reviews)
  Vantric - property management software for the independent landlord



**Who Is the Company Behind Vantric?**

- **Seller:** [Vantric](https://www.g2.com/sellers/vantric)
- **HQ Location:** N/A
- **LinkedIn® Page:** https://www.linkedin.com/company/No-Linkedin-Presence-Added-Intentionally-By-DataOps (1 employees on LinkedIn®)




    ## What Is Property Management Software?
  [Real Estate Software](https://www.g2.com/categories/real-estate)
  ## What Software Categories Are Similar to Property Management Software?
    - [Lease Administration Software](https://www.g2.com/categories/lease-administration)
    - [Community Association Management Software](https://www.g2.com/categories/community-association-management)
    - [Rental Payment Software](https://www.g2.com/categories/rental-payment)

  
---

## How Do You Choose the Right Property Management Software?

### What You Should Know About Property Management Software

### What is Property Management Software?

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

- Automate day-to-day tasks and daily business operations
- Improve tenant experience and communication
- Ensure property ledgers are accurate and up to date

### Why Use 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.

### Who Uses Property Management Software?

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.

### Kinds of Property Management Software

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).

### Property Management Software Features

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.

#### Additional Property Management Software Features

**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.

Other Features of Property Management Software: [Commercial Capabilities](https://www.g2.com/categories/property-management/f/commercial), [Industrial / Retail / Mixed-Use Capabilities](https://www.g2.com/categories/property-management/f/industrial-retail-mixed-use), [Multifamily Capabilities](https://www.g2.com/categories/property-management/f/multifamily), [Residential Capabilities](https://www.g2.com/categories/property-management/f/residential)

### Trends Related to Property Management Software

Shifting demographics impact both property managers, renters, and buyers, both in terms of property management and property management software. The breadth of property amenities, the omnichannel support provided for tenant and investor portals, and the types of housing complexes are evolving, and the software to manage all these processes evolves accordingly.

[**Augmented reality software**](https://www.g2.com/categories/augmented-reality) **and** [**virtual reality software**](https://www.g2.com/categories/virtual-reality) **—** Many examples of augmented reality (AR) and virtual reality (VR) have cropped up in the real estate sector. [Real estate virtual tour software](https://www.g2.com/categories/real-estate-virtual-tour) helps both real estate agents and property managers show off the interiors of their units. AR and VR technology easily turns 2D data visualizations into interactive 3D variations that provide more granular insight on physical spaces, for both advertising and design purposes. AR and VR also helps facility owners better monitor overall energy consumption and building defect management.

**Energy conservation —** Even property owners of buildings that do not bundle in the cost of water, heat, or electricity within monthly rental or mortgage payments want to be informed on energy utilization and consumption. Energy conservation efforts rely on data collection; building energy management systems provide property managers with the data needed to ensure energy efficiency. Maintaining tenants’ desired levels of utility usage with the overall costs of property maintenance is key to helping property managers not overspend, especially in times of crises or financial depression.

**Tenant relations —** The real estate industry is a customer service industry. Without paying tenants, property managers cannot make money. Providing an exceptional tenant experience is key to maintaining long-term tenants, particularly in the multifamily or apartment and condominium market. Software vendors understand that need, so many solutions now offer tenant portals. The next step is to look to the developments in the chatbot space to see how tenant relations are evolving in the real estate space; conversational artificial intelligence (AI) and chatbots can infuse existing platforms and tools with disruptive technology that ultimately betters the maintenance management experience of both tenant and property manager.

### Potential Issues with Property Management Software

**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.

### Software and Services Related to Property Management Software

Most property management systems can handle the basic business needs of property management companies. The basic features include built-in accounting and reporting capabilities. Extra functionality on top of those basic features include advanced tenant screening, insurance compliance, and property marketing, for example. If a real estate property management software doesn’t offer built-in accounting and lease contract management functionality, then it is designed to integrate well with third-party solutions with those functionalities.

The following solutions can be integrated with or used in conjunction with property management systems:

**Lease administration —** [Lease administration software](https://www.g2.com/categories/lease-administration) offers advanced lease management functionality to property managers who do not have a comprehensive lease management system. Lease administration software simplifies the leasing workflow, from creating to sharing to storing.

**Rental payment —** While some property management solutions do offer bundled-in rent processing functionality, [rental payment software](https://www.g2.com/categories/rental-payment) exists to close the gap between managing properties and collecting rent from tenants.

**Multiple listing service (MLS) —** [Multiple listing service (MLS) software](https://www.g2.com/categories/multiple-listing-service-mls) enables real estate agents to list vacant or to-be-vacant properties on behalf of property owners and managers. Properties listed on MLS streamline the advertising of available properties to prospective buyers, because they can be filtered by specific requirements.

**Real estate marketing —** Similar to MLS software, [real estate marketing software](https://www.g2.com/categories/real-estate-marketing) enables the marketing of available properties. Property owners as well as real estate agents leverage customizable and branded real estate marketing collateral to generate leads and gain the attention of buyers and renters.

**Vacation rental —** [Vacation rental software](https://www.g2.com/categories/vacation-rental) is similar to property management software but tailored to the nuances of the hospitality sector. Owners of vacation rentals have different requirements than owners of apartment buildings, condominiums, offices, and single-family homes. Vacation rental software provides functionality like booking engines, check-in and check-out workflows, and daily cleaning services.

**Real estate investment management —** Investors and stakeholders leverage [real estate investment management software](https://www.g2.com/categories/real-estate-investment-management) to forecast, report on, and manage the return on investment (ROI) of real estate property portfolios. Real estate investment management software bundles together the monitoring and nurturing of property assets specifically to maximize property value.

**Facility management —** Owners of plants, warehouses, and infrastructure and manufacturing buildings turn to [facility management software](https://www.g2.com/categories/facility-management) instead of property management software. While property management software optimizes the financial management and tenant relationship of both commercial and residential buildings, facility management software is more comprehensive. Facility management software includes health and safety management, materials and resources management, and large-scale maintenance and inspections management.