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 $1 per unit/month
Typical customers: Small, medium and large size businesses
Platforms: Desktop, Cloud
Links: Propertyware pricing, Propertyware alternatives

Shlomi LaviShlomi Lavi / updated: Mar 08, 2022

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What is Propertyware and its features?

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.

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 rating score is based on our unbiased data-based algo. Learn more - rating methodology page.

Who uses Propertyware?

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.

Is it easy to use?

Yes, Propertyware makes it fairly easy to use. This product is user friendly and intuitive.

Is Propertyware cloud-based?

Yes, they offer cloud based hosting, which means IT resources are retrieved through web-based tools and applications and you don't need to buy servers and additional hardware equipment.

Can it be used on mobile?

No, currently Propertyware can't be accessed on mobile, you would need to access it from your computer.

Is Propertyware the best Property Management system?

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 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 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 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.​

What are Propertyware's cons? (2 cons)

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

Who are their main alternatives?

PropertyWare competes with other property management software like AppFolio, Buildium, Rent Manager, and Yardi Voyager. Below are how these alternatives compare with PropertyWare.
  • Functionality: PropertyWare offers the functionalities required for property management. These features include Accounting, Payments, Maintenance, Tenant Screening, Asset Protect, website management, owner portal, payment processing, rent tracking, etc. Compared with its close alternatives, the systems lack some notable features like Asset Protect and Tenant Screening.
  • Customer/Industries: PropertyWare, alongside Buildium, Rent Manager, and Yardi Voyager, target residential property management companies with about 1-1000+ users. AppFolio is best for 1-500 users. The software and its alternatives all target property management companies.
  • Cost: PropertyWare is cost-rated 3.5 (an average cost software) but has a lower license price when compared to AppFolio that has a license price starting at $1.40 per unit per month. AppFolio provides a free trial to new clients, but PropertyWare and Yardi Voyager do not.
  • Cloud-based/On-premises: PropertyWare and all its competitors are all cloud-based software. However, Rent Manager is the software that offers on-premise for windows and Linux among its top alternatives.
  • Popularity: PropertyWare was established in 1998 and compared with its closest alternatives, this software can be considered to have been in the market for a long time. Even though PropertyWare is not publicly traded, some alternatives like AppFolio are publicly traded (Trading as APPF).
  • Scalability: Comparing the software based on scalability, Propertyware offers clients such as single-family managers the platform to adjust and match their business necessities. On the other hand, Rent Manager offers broader coverage of multi-family, single-family, and marketable properties.
  • Support: Propertyware offers all basic property management support features, except for 24/7 (live rep), and the same applies to AppFolio, Buildium, and Rent Manager.

What is the cost of Propertyware?

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.

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). You can fine here the REAL total cost breakdown for Propertyware. You can also find here pricing information from Propertyware's website.

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.

Where Propertyware is used?

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.

List of categories

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

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
Score
Pricing
License pricing
Functionality
Review
Compare
Propertyware
ITQlick rating
3.6/5
Score
96/100
Pricing
7/10
License pricing
$1 per unit/month
Functionality
25
Compare
Buildium
ITQlick rating
4.5/5
Score
100/100
Pricing
2.8/10
License pricing
$50 per month
Functionality
25
AppFolio
ITQlick rating
4.5/5
Score
95/100
Pricing
3/10
License pricing
$1.40 per unit/month
Functionality
32
RealPage...
ITQlick rating
3.6/5
Score
94/100
Pricing
4.6/10
License pricing
$5.83 per month
Functionality
19
PropertyZar
ITQlick rating
4/5
Score
91/100
Pricing
2.4/10
License pricing
$45 per month
Functionality
5

Author

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.