Propertyware Review - why 3.6 stars?

Propertyware Review
ITQlick Score: 96/100
ITQlick Rating: (3.6/5)
Pricing: 7/10 - high cost
Category: Property Management -> Propertyware
Ranking:Ranked 2 out of 124 Property Management systems
Company: RealPage, Inc.
Pricing: starts at $250 per month
Typical customers: Small, medium and large size businesses
Platforms: Desktop, Cloud
Links: Propertyware pricing, Propertyware alternatives

Shlomi LaviShlomi Lavi / updated: Jul 13, 2020

We publish unbiased reviews, our opinions are our own and are not influenced by payments from advertisers. Learn more in our advertiser disclosure.

What is Propertyware?

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 to grow their business while also keeping their tenants and owners satisfied.

Sina Shekou and Adam Silverthorne created Propertyware back in 2001. The San Francisco based company is now acquired by RealPage, Inc. which is known for its property management solution for multifamily, commercial and single-family rental housing industries.

What is Propertyware rating? ()

The rating of Propertyware is 3.6 stars out of 5 and the total score is 96 out of 100. The ratings are based on our unbiased experts. Learn more in our rating methodology page

Who are Propertyware's typical customers?

Propertyware is best for small residential properties, single family or residential properties with low density where it can help property managers to handle day to day problems more efficiently. Landlords can use this software to manage their own rental properties and tenants and fee managers can use this software to manage all the fee receiving works. Popular companies like RP Management, Turner Properties, Stevens Realty are Propertyware’s clients.

Is Propertyware the best Property Management?

Propertyware is ranked 2 out of 124 software in their category (Property Management systems).

What are their main features and functionalities?

Handling day to day residential property needs can be difficult for small properties with limited resources. Propertyware can make sure you get to keep your tenants happy by offering them all the features they want.

You can offer them their own portals for managing their payments, do tenant screening, accounting components can integrate with QuickBooks to offer you flexible accounting functions, keep all your data secured with their SAS70 II compliant Propertyware solution and it’s simple interface makes sure you get to do everything without any help.

Property owners can access to their own portals directly to check property status, renters can schedule their rent payments online, request for repair or maintenance and check for repair schedules. It’s compatible with Windows, Mac and Linux and its web-based feature makes sure you don’t have to download or install anything.

What are Propertyware's pros? (7 Pros)

  • Propertyware offers pocket-friendly plans starting from $80 and is affordable comparing to other property management products
  • Propertyware’s easy-to-use interface can be used by almost anybody and doesn’t require any extensive training
  • The website of Propertyware offers a mobile site which can be accessed from any smartphone unlike other similar tools
  • The property management tool supports posting vacancy ads on third-party sites like Craiglist
  • The software is compatible with almost all the browsers and OS and doesn’t require any download
  • Propertyware provides online payments for rent collection via ACH or credit card, check scanning, and allows vendor and owner payments. Owners can also contribute to their account via their portal and prospects can pay an application fee online with a credit card.
  • Propertyware offers an iOS mobile app for Propertyware, and if the client has the optional inspections module, Propertyware offers both an Android and iOS inspections mobile app.​

Who are their main alternatives?

Some of the key competitors for Propertyware are RenTec and Point2 Property Manager.

RenTec can address the requirements of property managers, landlords and homeowners associations for residential units. The product is available as a cloud based solution and provides portals for residents to manage their leases, payments & service requests, along with owner portals to track the profitability of properties under management. Additional features include financial management, work order management, vacancy marketing and reporting as well.

Propertyware on the other hand is also cloud based but also supports bank-owned properties which have come under receivership due to financial issues. The product includes many of the same core features as RenTec, but allows significant customization of its product. Mobile Apps are available to handle online booking & leasing, with a marketing module to develop prospects and analytics to determine the best lead sources.

Then there is Point2 Property Manager which does not include its own accounting system and instead exports its transactions to Quickbooks for financial management. Other features include tenant portals & screening services, property diagrams & layouts storage, as well as unit maintenance & renovation management. There is also a structured review process to handle tenant moves both for unit occupation & vacation purposes.

While Propertyware supports most of these features, it can also handle financial management internally. However customers still have the option to synchronize their accounting with Quickbooks if required. Additionally there is a contact center which can be used to handle new & current leasing enquiries, as well as the processing of service management requests.

What is the cost of Propertyware?

Propertyware is available for $80 per month and there are flexible subscriptions offering annual and monthly plans. You can adjust the services of Propertyware according to the size of your business.

If your business starts growing, you can use their additional services to make your service more successful. All the subscription comes with customer support.

What is the REAL total cost of implementation? on top of the total cost of licenses which is easy to calculate you need to add the cost of training, customization, data migration, and other "hidden cost". ITQlick pricing score is 7 out of 10 (10 is most expensive). Find here the REAL total cost breakdown for Propertyware

What should you ask RealPage, Inc. during a demo session? (65 questions)

Schedule a demo with Propertyware and access 65 must ask questions for the vendor while watching Propertyware in action. Visit the vendor's website here.

Propertyware's list of categories:

Facilities Management
Property Management
Property Management - Apartment
Property Management - Rental Property

Propertyware's list of features:

Automatic Data Backup
Automatic Property Mapping
Easy Data Migration
Email Owner Statements
Events Calendar
Excel Export
File Storage
Maintenance Overview
Message Boards
Move Management
Online Rental Applications
Paperless Work Orders
PDF Export
Performance Metrics
Proactive System Notifications

Propertyware Vs. Alternatives

ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score ITQlick Score is a 1 to 100 score, based on pricing, and functionality Vs. alternative solutions
Pricing 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)
Functionality
Review
Compare
Propertyware
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
96/100
Pricing 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
Functionality
25
Compare
Buildium
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
100/100
Pricing 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
Functionality
25
AppFolio
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
95/100
Pricing 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
Functionality
32
RealPage
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
94/100
Pricing 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
Functionality
19
PropertyZar
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
91/100
Pricing 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
Functionality
5
Author
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Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.