Propertyware Review - why 3.6 stars?

Shlomi Lavi / updated: Mar 08, 2022

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What is Propertyware?

Propertyware is cloud-based property management software created to provide a single remedy for property management of single-family properties. The software offers features such as;

• Accounting: Giving the client company control over bank reconciliations and reporting regardless of the expertise level of the client company.
• Payment: It provides more alternatives for payment processes and offers less risk to loss of properties. The client can make transactions either online or through cash towards minimizing unforeseen circumstances.
• Website and Marketing: The software offers a comprehensive marketing remedy that places their client in control of the effective management of the day-to-day activities of their company.
• Maintenance: This feature ensures that companies coordinate and manage their properties entire processes from the starting point to the finish.
• Portals: This feature comes with a strong remedy for the client alongside their tenants. It offers 24/7 access to accounts, combined with real-time.

PropertyWare was established in 1998 and is currently headquartered in Richardson, Texas, the United States, with 5000 employees. RealPage acquired PropertyWare in November 2009.

Who is it best for?

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 clients.

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 is 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 is compatible with Windows, Mac and Linux and its web-based feature makes sure you do not have to download or install anything.

What is the actual cost?

Propertyware offers three pricing plans to its client, namely Basic Plan (the starting plan), which goes for $1 per unit per month. The Plus plan comes with a pricing of $1.50 per unit per month. The premium plan comes with a pricing of $2 per unit per month.

The basic plan is packaged with features like marketing, property management, owner portal, and maintenance. The Plus plan includes everything in basic and added with two-way text messaging, eSignature, and inspections.

The Premium plan includes everything in Plus with maintenance projects and vendor portals.

ITQlick pricing score is 7 out of 10 (10 is most expensive). Access ITQlick pricing guide for Propertyware. You can also find here pricing information from Propertyware's website.

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 software provides detailed and accurate materials for training
• Propertyware offers essential features needed for PM functionality
• The software enables property managers to operate and manger their businesses from a single place
• 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.​

Cons

• PropertyWare does not offer a free trial to new clients or customers
• It is limited to single-family managers

How it stacks up?

Access a head to head analysis of Propertyware vs alternative software solutions.

Frequently Asked Questions (FAQs)

Is Propertyware right for you or your business?

Propertyware is ideal for single-family property managers. It offers them a fully incorporated cloud-based management to help solve their solutions. Some single-family property managers who use Propertyware are Mutual Property Management., Real property management, Central Georgia Realty, LLC., Jim Wright Company, CrestCore Realty, etc.