Best Property Management Software

Let our Property Management Software Experts help you find the right Software for your Business!

Last updated: Nov 12, 2020
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100 score, based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 score, based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Hosting
Functionality score
Fit small business
Fit medium business
Fit large business
Software review
Compare
Buildium
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
100/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
2.8/10
License pricing license pricing (if provided by the software vendor)
$50 per month
Hosting
On premise and Cloud
Functionality score
25
Fit small business
Fit medium business
Fit large business
Software review
Propertyware
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
96/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
7/10
License pricing license pricing (if provided by the software vendor)
$250 per month
Hosting
On premise and Cloud
Functionality score
25
Fit small business
Fit medium business
Fit large business
Software review
AppFolio
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
95/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
3/10
License pricing license pricing (if provided by the software vendor)
$250 per month
Hosting
On premise and Cloud
Functionality score
32
Fit small business
Fit medium business
Fit large business
Software review
RealPage
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
94/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
4.6/10
License pricing license pricing (if provided by the software vendor)
$250 per month
Hosting
On premise and Cloud
Functionality score
19
Fit small business
Fit medium business
Fit large business
Software review
PropertyZar
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
91/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
2.4/10
License pricing license pricing (if provided by the software vendor)
$25 per month
Hosting
On premise and Cloud
Functionality score
5
Fit small business
Fit medium business
Fit large business
Software review

TOP 20 Property Management Software

1. Buildium Property Manager

  • Best for: Small business, Medium business, Large business
  • Price: Starting from $50 per month
  • Jul 07, 2020
Compare Buildium Property Manager Vs. Buildium Property Manager

Buildium is a web-based property management software that offers small and medium sized property management supports for handling this in an efficient way.  This tool makes sure you get to avoid paperwork, increase productivity and efficiency and focus more on growing your business. Its charges and...


2. Propertyware

  • Best for: Small business, Medium business, Large business
  • Price: Starting from $250 per month
  • Jul 13, 2020
Compare Propertyware Vs. Buildium Property Manager

Propertyware is a web-based property management software that can handle property management needs of any residential property starting from small properties with 20 units to big ones as large as one with 5000 units. This web-based software is designed in such a way that it can help property owners ...


3. AppFolio Property Manager

  • Best for: Small business, Medium business, Large business
  • Price: Starting from $250 per month
  • Jul 13, 2020
Compare AppFolio Property Manager Vs. Buildium Property Manager

Appfolio is a web-based property management software that helps users to manage their businesses properly by offering accounting and management help. The online property management software is designed according to the needs of property managers that can help users to find better residents faster, h...


4. RealPage Commercial

  • Best for: Small business, Medium business, Large business
  • Price: Starting from $250 per month
  • Jul 14, 2020
Compare RealPage Commercial Vs. Buildium Property Manager

RealPage Commercial is a cloud-based accounting software that enables administrators to manage the corporate accounting of their organization and its affiliates, as well as gaining visibility into daily workflows and data details used at the site level.


5. PropertyZar

  • Best for: Small business, Medium business
  • Price: Starting from $25 per month
  • Oct 14, 2020
Compare PropertyZar Vs. Buildium Property Manager

PropertyZar is a cloud-based Property Management software that enables its users to manage appointments and carry out background screenings on property tenants.


6. Resnexus Classic & AutoPilot Editions

  • Best for: Small business
  • Price: Starting from $1,499 per user/month
  • Oct 16, 2020
Compare Resnexus Classic & AutoPilot Editions Vs. Buildium Property Manager

Resnexus Classic & AutoPilot Edition is a cloud-based Property Management software that allows managers to view reservations in an at-a-glance manner over a period.


7. SKYLINE Property Management

  • Best for: Medium business, Large business
  • Price: Starting from $1,000 per license
  • Jul 21, 2020
Compare SKYLINE Property Management Vs. Buildium Property Manager

Skyline is a web-based property management software that helps property management firms to manage their properties in a proper and efficient way. The software features effective ways to handle lease administration, creating accounting and financial reports and required property management features...


8. Commercial Management

  • Best for: Medium business, Large business
  • Price:
  • Aug 07, 2019
Compare Commercial Management Vs. Buildium Property Manager

Commercial management is a cloud-based and an on-premise property management software that is suitable for use by individual freelancers as well as businesses.


9. Hemlane Software

  • Best for: Small business
  • Price: Starting from $30 per month
  • Oct 21, 2020
Compare Hemlane Software Vs. Buildium Property Manager

Hemlane is a property management software that enables real estate businesses to speed up their operations and boost their customer base without incurring high costs.


10. Point2 Property Management

  • Best for: Start up, Small business, Medium business, Large business
  • Price: Starting from $50 per user/month
  • Aug 10, 2020
Compare Point2 Property Management Vs. Buildium Property Manager

Point2 Property Manager is a simple, easy-to-use, web-based property management software that can help landlords and residential property managers to handle residential property management needs of all types. The property management tool offers creating general ledger accounting, making resident por...


11. Rent Manager Online

  • Best for: Start up, Small business, Medium business, Large business
  • Price: Starting from $9.95 per license
  • Aug 11, 2020
Compare Rent Manager Online Vs. Buildium Property Manager

Rent Manager Online is a cloud-based property management tool that is used that is designed to assist the management of real estate properties. These operations include accounting, leasing, marketing, maintenance, and many more.


12. AssociationVoice Property Management Edition

  • Best for: Start up, Small business, Medium business, Large business
  • Price: Starting from $3,000 per user/month
  • Aug 14, 2020
Compare AssociationVoice Property Management Edition Vs. Buildium Property Manager

AssociationVoice Property Management Edition is a cloud-based property management software that is designed to work in businesses of all sizes including small-sized businesses, medium-sized businesses, and large enterprises.


13. ManageGo

  • Best for: Small business, Large business
  • Price: Starting from $20 per month
  • Aug 14, 2020
Compare ManageGo Vs. Buildium Property Manager

ManageGo is a cloud-based real-estate property management software that assists in tenant management and rent payment. The system is an all in one solution for the property managers as the software can handle communication, maintenance, billing, and many more.


14. dotloop

  • Best for: Small business, Medium business, Large business
  • Price: Starting from $29 per month
  • Aug 15, 2020
Compare dotloop Vs. Buildium Property Manager

Dotloop is a cloud-based online transaction and task management solution designed for brokers, real estate, agents and teams. Some of its features include integrations, audit trail, chat and messaging, document management and transaction management.


15. Property Boulevard

  • Best for: Medium business
  • Price: Starting from $2,400 per license
  • Aug 18, 2020
Compare Property Boulevard Vs. Buildium Property Manager

Property Boulevard is cloud-based as well as an on-premise property management solution for both residential and commercial portfolios. The platform database covers multiple types of commercial and residential properties including retail, industrial and mixed-use commercial properties as well as hom...


16. WOW! On the Web

  • Best for: Start up, Small business, Medium business
  • Price: Starting from $39.99 per month
  • Aug 19, 2020
Compare WOW! On the Web Vs. Buildium Property Manager

WOW! is a facility and property management solution for businesses of all sizes. It offers services related to management, accounting, marketing, and other aspects of property management. The software was designed and launched by Core 7 US Inc headquartered in Texas, United States.


17. iRent

  • Best for: Medium business
  • Price: Starting from $200 per user/month
  • Nov 02, 2020
Compare iRent Vs. Buildium Property Manager

iRent is a web-based property management software that helps maximize collections via the use of automation. It ensures accurate billing of client by using set terms applied on the system.


18. PackageLog

  • Best for: Small business, Medium business, Large business
  • Price: Starting from $49 per server/month
  • Nov 02, 2020
Compare PackageLog Vs. Buildium Property Manager

PackageLog (now Postal Solutions) is a property management software for properties and organizations designed for mail delivery management, student apartment management, and package management.


19. Elina

  • Best for: Small business, Medium business
  • Price: Starting from $50 per month
  • Feb 10, 2020
Compare Elina Vs. Buildium Property Manager

Elina is a web based hotel and hospitality management solution for businesses of all sizes. It offers assistance in employee management, inventory management, marketing, and other aspects. The software was designed and launched by Vestibule Marketing Ltd headquartered in London, United K...


20. TrueRent

  • Best for: Small business, Medium business, Large business
  • Price: Starting from $25 per month
  • Nov 12, 2020
Compare TrueRent Vs. Buildium Property Manager

TrueRent is a property management software developed to help save time, fill vacancies, and simplify all client interaction processes.



A Buyer's Guide to Property Management Solutions

Property Management Software Buyer’s Guide
 
The business of managing properties like vacation houses, city apartments, condo units, rental properties and other real estates is where the money is.  On the other hand, the excellent management of these residential, commercial and rental properties lies on the hands of a good property manager. In turn, a manager can only be called good if he uses well his earned degree and skills in converting those property management functions into real profits. In today’s economy, where mortgages are on the rise and inflation is thinning everybody’s wallet, a good manager needs a reliable partner in managing these properties. A Property Management Software solution is what we’re talking about here.
 
Every property manager is basically tasked with serving two types of people – the renter or tenant and the landlord or property owner. In order to bridge these two people, the combination of calculator, pen, and paper will not suffice anymore. Today, a manager who is using a Property Management software product is more likely the third person who can make these two people well satisfied. So if you’re a manager looking for a reliable partner, we recommend you this Buyer’s Guide. We from ITQlick.com understand the needs of every real property manager and we believe that this buyer’s guide can be the key in providing those needs better, smarter, and faster.
 
Types
We’ve indentified these three types of Property Management Software solution that are being offered by many solutions provider today. Each solution is designed to answer the needs of a certain type of client.
 
Residential Property Management Software
This solution answers the changing needs of families, couples, and life partners. A property manager will benefit a lot in using a system that oversees the lease renewal workflow, accounting aspects of the business, and reporting and analytics processes.
 
Commercial Property Management Software
Whether it’s retail, industrial, or office property, there is an available solution that can manage well the vacancy postings, marketing, and maintenance of these properties. Such solution removes the hassles brought about by poor communication between the lessee and the property manager.
 
Real Estate Investment Management Software
Real estate owners and investors can now manage their properties in real-time and with better accuracy. This solution helps investors effectively track and manage capital, monitor performance analytics, and maximize property cash flows and valuations. There is always a good deal waiting between buyers and investors when this software solution is on the hands of a smart property manager.
 
Features
The face of the property management market has totally changed in the past two decades. The introduction of the internet, and thousands of application programs that runs with it, completely simplified the operation, control and overall management of real properties. The growing number of renters today serves as an opportunity for many software providers to develop products that can support the unique requirement of owners, managers, investors, and stakeholders. Relevant to these trends, here are the most common features of many property management software solutions offered by various software providers today.
 
  • Accounting Integration
  • Billing and Invoicing
  • Browser and Operating System Compatibility
  • Budgeting and Forecasting
  • Built-In Screening
  • Cash Management
  • Collect Rent Online
  • Contact Management
  • Communication Tools
  • Customizable Online Leases
  • Data Management
  • Easy Vacancy Posting
  • Expense Tracking
  • Insurance Tracking
  • Integrated Marketing Tools
  • Integrated Professional Website Creator
  • Landlord Database
  • Late Fee Calculation
  • Late Payment Notifications
  • Learning Materials
  • Lease Management
  • Maintenance Management
  • Management Portal
  • Mobile Interface
  • Online Rental Applications
  • Owner Portal
  • Prospect Tracking
  • Rent Tracking
  • Rental Pricing Comparison Tool
  • Reporting
  • Tenant Database
  • Tenant Portal
  • Tenant Tracking
  • Vacancy Posting and Tracking
  • Web-based Interface
 
You can use the above list of features as your checklist when buying the solution package that is just right for your current business needs. However, keep in mind that the availability of features in a solution usually depends on the type of solution or offered service plan that you are going to buy or avail. The next section will further help you verify unto which solution packages are these features often goes with.
 
Solutions per Business Size, per Vendor
When looking for a software solution that will surely fit into the size of your business, it is better that a property manager should conduct his own research of the best software solutions available in the market. Moreover, a manager should also consider taking these vital steps.
 
  • Check the prevailing management methods use by most managers in your industry.
  • Verify the main reasons for replacing your existing system (in case this is your direction).
  • Come up with well-defined list of applications that are really required by your business.
  • Match the features with your objective (ex. find better tenants, improve tracking process)
  • Determine if the solution is easy to deploy, learn and use.
 
Your to-be-exerted efforts for the above activities are essential in narrowing down your search for the right solution. And that solution can be any of these.
 
Point Solution or Niche-use
Rental Management, Lease Tracking or Accounting; there is a wide array of applications available if a single-point solution is what you need.
 
Integrated Suite
Property management portfolio requires a package that is complete with applications and features. Property managers managing a mix of residential, commercial and rental properties needs an Integrated Suite solution that includes accounting, budgeting and forecasting, marketing tools, and vacancy tracking in a single management portal.
 
Web-based
Simply register an account and pay for a monthly subscription fee; this is the offer of web-based or cloud-based property management solution. A mid-size firm operating nationwide or a large company with branches across different regions and countries can benefit a lot on a solution that is accessible anytime, anywhere, on the cloud.
 
On-premise
Some solution providers will allow you to download the software program from their website and then next is installing it into your personal computer. Integrated Suites, which require broader implementation process, are mostly on-premise type.
 
Mobile Version
Mobile optimized software solution is gaining popularity these days. By simply downloading an app, the property management app, you can already access your management portal even while on the go.
 
Pricing Considerations
Most property management software products are priced on a per month per unit basis. The “unit” refers to the number of residential, commercial or rental properties or units that you are going to manage in your portal. While this is the prevailing pricing model, there are other pricing schemes offered by key players in the market today. Other than the number of units, other factors that affect the price of a solution are the number of users, cost of updates, cost of technical support, and deployment model options. Let’s have a look on some of these pricing models.
 
On the average, the cost per unit is roughly around $5. The cost per user averages to around $150 per user. The cost of software for one time download and installation ranges from $150 to $2,000 per license. Still excluded here are the cost of updates and cost of technical support.
 
Web-based solutions typically have around $10 to $110 per month subscription fee and can go up to the range of $300 to $3,000 depending on the service plan.
 
Overall, each provider offers comprehensive plans or packages that will suit their client’s budget and requirements. Here’s a list of providers with proven-track records in providing great property management solution. Review them and find out if their offered plans suit your taste.
 
  • Yardi
  • Promas Landmaster
  • Tenant Pro
  • Quicken
  • RentRight
  • Flex Software
  • Propertyware
  • Buildium
  • AppFolio Property Manager
  • Point2 Property Manager
  • Total Management
  • Rent Manager Online
  • RenTec PM
  • Point2 Property Manager
 
Market Trends
Real estate and property management has been there for decades.  However, the real situation in the property management software industry is that it is still currently young in terms of supplying the real demand of many clients – managers, owners, renters and investors. This situation can probably be traced back from the significant number of foreclosures that started since 2008 and the unstable condition of the overall housing market at present.
 
However, the benefits that the modern technology is bringing highly encourage many property managers to re-think about their marketing strategies and invest on better software tools. Mobile phones continue to be an essential business tool and property managers have never been left behind on this trend.  In addition, cloud-based solutions continue to be the most preferred solution of most managers in large property management companies today.
 
More innovations are happening and the property management software industry remains tough in delivering excellent products into the market. So start considering you property management solution needs and shape your new business strategy in acquiring this profit-maker software technology.

ITQlick chart - 2020 best Property Management Software

2020 best Property Management Software | ITQlick.com
Finding the right Property Management software for your business
Proper Property Management software selections are the precursor to successful deployment and business growth. Finding the right Property Management solutions doesnít have to be complicated, and it doesnít have to take days or weeks of your time.

After researching over 5,000 systems, we can identify the best solution for companies of all shapes and sizes. ITQlick.com is 100% free for software buyers.



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