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We may be in the digital age where online listings help homebuyers find a great property at a great price through a listing database, but that isn’t the only way technology is changing the real estate game.
Search a portfolio of Property Management software, SaaS and cloud applications for Mac. Save time with reviews, on-line decision support and guides. GetApp is your free Directory to Compare, Short-list and Evaluate Business Solutions. Save time with reviews, on-line decision support and guides.
Enter real estate property management software.
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From rent and vacancy tracking to contract and insurance management, real estate management software solutions help you maintain and organize payments, tenants, and even craft your own property website.
With real estate software, you can go from managing a few properties to more than 50 while remaining organized and aware of what’s happening at each.
There are plenty of real estate management tools out there; Capterra’s directory has more than 200 products. It can be overwhelming and time-consuming to sort through these options on your own. Sometimes the best way to get started is to check out what others are buying to determine whatthese solutions can offer you.
Below, I’ve outlined the seven most popular real estate property management software solutions (in alphabetical order), determining their popularity based on SEO ranking, social presence, and number of reviews.
1.360Workplace for Commercial Real Estate by Accruent
360Workplace’s dashboard
360Workplace functions as a suite of systems (offering facility maintenance management, space management, construction project software, and lease administration) for those looking to manage real estate with more than just a single solution.
Pros
Users can monitor important assets and inventory, track vendor interactions, observe construction goals and schedules, stimate expenses and ensure tax compliance. There’s no cap on the number of users and the platform is cloud-based, meaningusers can access 360Workplace anywhere with an internet connection.
Cons
360Workplace is built with corporate real estate in mind, so smaller businesses seeking a more customized solution should look elsewhere.
Cost
Pricing isn’t listed publicly, but if you’re interested, you can schedule a demo or contact Accruent’s customer support team for more information.
Have you used 360Workplace? Leave a review!
2. Appfolio Property Manager by Appfolio
Mac accounting software reviews. Examples of Appfolio’s dashboard on multiple devices
This cloud-based property management system is good for the real estate agent on the go who wants to monitor properties anywhere, at any time. In addition to an owner portal where you can manage everything and view reports, the software also allows you to create professional websites for your properties.
Pros
Capterra reviewers praise the software for its ease of use and customer support. They also report that the company listens to user feedback and updates the software in response.
Cons
A variety of users cited multiple different features they would like to see added, suggesting that AppFolio is somewhat of a work in progress. Other users want support to be a bit more responsive.
Cost
AppFolio charges $1.25 per unit, per month for residential usage and $1.50 for commercial. For student housing, that fee is $1.25, and for community associations it’s $0.80.
Have you used Appfolio? Leave a review!
3. Buildium Property Management Software by Buildium
Buildium’s dashboard
Used by more than 12,000 property managers and 175,000 property owners in 46 countries, Buildium Property Management is a top choice in the industry.
Pros
Buildium’s software tackles accounting, business operations and leasing. Users can monitor business expenses, make and accept online payments, and file 1099s during tax season. Buildium also offers a resident portal for processing maintenance request and payments, an application system where you can accept rental applications, run tenant screenings, and store documents in the cloud. Buildium also helps users create their own websites to host rental listings.
Cons
Some Capterra reviews note that setup time can be a little long and cite an initial learning curve for first-time users.
Cost
Buildium’s pricing model breaks down by number of units and can be paid monthly or annually, with annual costs higher than monthly installments. Prices range from $45 to $1,800/month or $540 to $21,600/year. Properties with more than 5,000 units should contact the company’s sales department for custom pricing. A free trial is also available.
Have you used Buildium? Leave a review!
4. Planon Real Estate Management by Planon
Planon’s dashboard
Planon Real Estate Management is intended for medium, large, and global businesses looking to organize their data in a more structured and helpful manner.
Pros
Planon’s real estate software lets users organize and structure data such as property and tenant details as well as lifecycle costs. Planon also offers processes such as transaction management, letting users create and evaluate scenarios for more efficient financial planning. Users can forecast potential costs and identify possibly saving opportunities. For those looking to eliminate spreadsheet dependency, Planon provides user-friendly, centralized dashboards for better management.
Cons
Because this solution is tailored toward medium and large businesses, Planon may not be ideal for smaller companies.
Cost
Those interested can request a software demo, but pricing information is not publicly available.
Have you used Planon? Leave a review!
5. Property Operations Workspeed by MRI Software
Property Operations Workspeed’s dashboard
MRI’s Property Operations Workspeed has more than 2,700 clients worldwide and touches on risk management, business analytics and visitor management.
Pros
This real estate management solution handles a variety of aspects essential to maintaining multiple properties. Property Operations Workspeed users have access to an equipment library as well as a service contract and warranty management component to ensure timely maintenance and inspections to maximize the lifespan of property assets. The program also offers a service request tool so that property managers, tenants, engineers, and vendors can submit request and work orders (including through a mobile app).
Cons
Workspeed is a basic solution and doesn’t allow for much customization, meaning you may have to rely on other MRI solutions to build out this platform.
Cost
Pricing isn’t available publicly, though you can request a free, personalized quote through their website.
Have you used Property Operations Workspeed? Leave a review!
6. Rentec Direct
Examples of reports created by Rentec Direct software
Rentec Direct bills itself as a “complete management solution for professional property managers.” The software includes automatic ACH payments, tenant screening, logins for both tenants and owners, data security, and the ability to publish vacancies online. Rentec Direct claims that users can be up and running within 10 minutes of getting the software.
Pros
Capterra reviewers describe the customer service as friendly and responsive. They state that the software is easy to use, reporting that it effectively tracks payments, expenses, and maintenance calls while keeping everything organized in an online portal.
Cons
Some users noted that the reporting option could be improved and made more customizeable.
Cost
Rentec Pro generally costs about $0.90 per month, per unit. It’s $1 per month for Rentec PM. However, you only get that price if you buy in large quantities. If you only purchase 10 units, for example, you’ll have to pay $35 to $40 per month. The company also offers a two-week free trial.
Have you used Rentec Direct? Leave a review!
7. TRIRIGA Real Estate Manager by IBM
TRIRIGA’s dashboard
It’s no surprise that IBM makes the top five, likely due to brand recognition and reputation.
Pros
TRIRIGA is a great option if you’re looking to get a better grasp on your lease accounting as it comes with prebuilt lease accounting controls and automated lease payment reconciliation. TRIRIGA automates the creation of real estate and asset-lease contracts, as well as payment schedules, with the option of adding automated notifications for important dates, such as contract expiration. Users can also expect drilldown options such as side-by-side comparison of current terms and transaction scenarios, “smart” clauses that list data attributes for each clause or option, and balance sheet and income statement analysis.
Cons
Judging by TRIRIGA’s features, this solution makes sense for larger businesses. There’s no mention about potential scalability for smaller businesses, so keep that in mind as you explore this solution.
Cost
IBM’s TRIRIGA is on the expensive side, running at $13,500 for a software license.
Have you used TRIRIGA? Leave a review!
Did we miss any great real estate management software options?
Are there other popular real estate property management software solutions you’re familiar with? Let me know in the comments below so we can consider them for future updates!You can also explore free real estate management software options if you’re on a budget.
Looking for Real Estate Property Management software? Check out Capterra's list of the best Real Estate Property Management software solutions.
Let’s go back to your childhood. Remember walking through your neighborhood or around at school and finding a penny on the ground? For me, it made my day. (Unless you found a penny facedown and you were doomed to live a life imbued with bad luck.) Free is along the same lines, sans bad luck. I’d call that pretty lucky. I’d even venture to say that this has some commonality with free property management software.
Finding free property management software has a cost, however. Many paid solutions offer a free version, though these editions often only enable users to manage one property or only offer basic features in attempts to entice you to buy their paid product.
Not so lucky.
So rather than directing you to paid solutions that offer an unsatisfying free version, I’ve listed fivetruly free property management software solutions, listing their pros and cons so you can find the right fit for your property and your needs.
1. Cozy
Cozy jumpstarts our list as a popular free property management solutions that is used by more than 60,000 property managers and landlords in 6,000 cities across the United States. Cozy can also be accessed from anywhere with an internet connection on any device.
Pros
With Cozy, property managers can craft comprehensive online property listings with flexible image galleries that include in-depth lease terms, and information on amenities and pet policies. These listings can then be hosted on Cozy’s partner sites free of charge and even include a URL to copy and paste into posts on popular sites such as Craigslist. Interested tenants can also apply directly by creating a Cozy Renter Profile that will include all personal information (such as employment, salary, up-to-date credit reports from Experian, and references) in one location. Potential residents can even upload a short bio on their application to give property managers a better sense of who these applicants are. Background check are also available and free, but only for landlords using Cozy (applicants cover the background check fee). This solution also enables users to collect rent online with detailed payment information like incoming and past charges or even charge late fees directly to tenants. Offline payments can additionally be recorded into their payment tool.
Upcoming features for Cozy include document signing and storage, iOS and Android apps as well as income and expense tracking.
Cons
Because this software is heavily focused on the applicant side, this means that other features like managing maintenance reports or accounting options are not possible through this solution.
Have you used Cozy? Leave a review!
2. Online Rental Property Manager (ORPM) by AppGini
Online Rental Property Manager (ORPM) is a free and open source property management solution for those looking to manage their rental properties and units as well as applications, leases, and tenants. ORPM is accessible through PC, tablet, and mobile.
Pros
Because this solution was created using AppGini, users can easily customize ORPM to fit their needs, including a variety of tabs that touch on property details, prospective tenants, and applications that can be converted into leases. Within the “properties” tab, users can list the location, type, number of available units, and even attach photos and documents if desired. Within these units, users can additionally view specific features for any unit, such as rental amount and whether or not a particular unit is occupied, vacant or not listed. For applicants and current tenant, managers can access the contact information of their renters and personal information, such as phone numbers, email addresses, license plate numbers, gross pay, and additional income. ORPM also allows for emails to be directly sent through the application, enabling users to send emails to other users to arrange meetings or keep in touch with other employees or business partners.
Cons
While ORPM hosts a variety of features to help manage properties and their tenant, this solution does lack a payment component. A payment tool can be setup, but requires additional coding that might be out of range for those less technologically inclined.
Have you used ORPM? Leave a review!
3. Rentec Direct
Rentec Direct offers a free “Basic” platform for smaller landlords managing ten or fewer properties “as our way of giving something back to the landlording community,” the company states.
Pros
Rentec Basic offers three main features that property managers will find useful:
Income and expense tracking: The software provides a simple ledger account system along with reports that you can go over with your accountant.
Property and tenant accounting: This feature enables you to keep simple and accurate records of both your property and the tenants who live there.
Tenant screening: The software combs through public records and background checks of your prospective tenant’s history to help you determine if they’ll be a good fit for your property.
Cons
Reviewers didn’t have a lot to complain about with Rentec Direct, scoring an average of 5 out of 5 among more than a hundred reviewers. Some did have small complaints though, including that running reports “can be laborious,” or that the software could use some additional features to help organize tasks.
Have you used Rentec Direct? Leave a review!
4.RentTracker
(Screenshot of RentTracker app)
RentTracker is software for managers of rental properties. The company has been around since 1999, and recently unveiled apps for the iPhone and iPad.
Property Manager Software For Mac 2017 Mac
Pros
RentTracker’s main advantage is that it’s cloud-based, allowing you the flexibility of managing your properties on your mobile device — or even your PC or Mac if you prefer. All the data is backed up online and secured via Comodo SSL. The cloud infrastructure supports 10 gigabytes per second.
The software enables you to manage tenant-vendor contractors, as well as rent payments and expenses. The software will also alert you when a lease is about to expire.
Cons
RentTracker is free, but fairly limited until you spend money. You can download it to your iOS or Android device, but you will have to pay if you want more than three tenant records. Additional tenant records cost $1 each, or you can buy in bulk for a lower price. The software also runs ads, which are removed with the purchase of a 10-pack of tenant records.
Property Manager Software For Mac 2017 Torrent
Have you used RentTracker? Leave a review!
5. TenantCloud
Drone editing software for mac. For landlords, TenantCloud is a free cloud-based property management option that enables multitasking and is accessible across PC and mobile.
Pros
Aside from basic property management options, TenantCloud offers users the ability to screen potential tenants with a comprehensive background check that covers social security number (SSN) validation, address history, and possible past criminal activity. Those interested can also make use of TenantCloud’s free marketing website component with layout templates and even create an online tenant application that can be accessed through any device. Through TenantCloud, users can additionally manage online payments, accepting both Dwolla and PayPay so users can collect rent with ease. Other standout features range from free unlimited online support to the ability to email tenant notifications right through the system.
Cons
Tenant Cloud is by far one of the more user-friendly and accessible options, but caps at 75 properties. Those needing to manage more properties will have to search for other solutions to satisfy their numbers.
More?
Do you know of any other free property management software that belongs on this list? Make your case in the comments below.
Looking for Real Estate Property Management software? Check out Capterra's list of the best Real Estate Property Management software solutions.