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There are plenty of platforms that help landlords and owners get more out of their property management business- and Funnel is one of the premium options gaining attention.
This review explores the must-know details of what the software offers, who it is best suited to, and how much it costs.
We have also provided a few alternative choices to give you a better idea of what is out there.
What Is Funnel Leasing?
Funnel Leasing is a property management system focused predominantly on marketing for listings and everything that goes with it. It helps track and analyze market trends, set rent prices, find quality tenants, and get your properties noticed.
Funnel Leasing Features
- Automated email and text communication
- Lead generation with advanced marketing and reporting for listings
- Mobile lease management
- Comprehensive training
- Impressive integrations list
Funnel Leasing Pricing
Unfortunately, there is no information shared online about the costs involved with Funnel Leasing. Because the platform is predominantly aimed at large-scale property companies, quotes are provided on an individual basis.
Is There a Free Version of Funnel Leasing?
Funnel Leasing invites all prospective new users to schedule a free demo. To access the trial, you must input details regarding your agency and portfolio- and then wait to find out with the request is accepted. If so, a personalized product demo is scheduled.
Pros and Cons of Funnel Leasing
Here is a quick look at the pros and cons to give you a better idea of whether or not this is the best choice for your team.
PRO: Designed to Provide Assistance through the Entire Leasing Process
The feature set at Funnel Leasing is close to exhaustive when it comes to the leasing process. From automation, AI, and advanced technology to effective money management, communication tools, and valuable market insights- it really does cover all the bases for any leasing team.
PRO: Comprehensive Training and Support for Leasing Teams
Customer experience and service operations are in full swing at Funnel Leasing- with comprehensive contact channels, including a 24/7 live rep and direct over-the-phone support.
Furthermore, Funnel Leasing offers in-depth training courses for leasing teams to help make a success of the partnership.
The platform shares webinars and live online or in-person training for employees in every company that works with Funnel Leasing.
CON: Complicated Set-Up and Implementation
The tools and technology provided through Funnel are expansive- and the implementation process takes some time. Deploying the system is a major procedure and quite complex- but there is someone appointed to every client to help get things started.
CON: Exclusive and Not Suitable for Smaller Property Management Teams
Funnel (at the time of writing) does not take on new clients with fewer than 2000 units in their property portfolio- so it is hardly small-business friendly.
The limited information about pricing and subscriptions suggests an exclusivity that may not appeal to many prospects.
Three Recommended Funnel Leasing Alternatives
On that note: what competitors does Funnel Leasing have that make great alternatives? Here are our top three suggestions.
1: DoorLoop
At DoorLoop, all your property management needs are met. It is advanced yet accessible- not to mention affordable. You can handle rent collection, accounting, communications, and much more- all in one user-friendly and versatile package.
The key features include:
- Comprehensive accounting tools with QuickBooks integrations
- Internal and external mobile communications
- Advanced owner portal for tracking and management
- Efficient and convenient rent management and payment portal
DoorLoop offers affordable packages starting at just $49 per month (up to 20 properties). There is also a free demo available.
2: Propertyware
Propertyware is a helpful tool for rental managers looking to create a more efficient accounting strategy. Money management is the priority here- but it offers other great services to make it a well-rounded and helpful tool for your team.
Some of the standout features are:
- Advanced reporting and accounting tool
- Browser and app portals
- Maintenance management system
- Secure communications
It is one of the more expensive software programs for property management. The actual subscription only costs $1 per property per month, but there is a minimum spend of $250 monthly.
3: TenantCloud
Our third pick is TenantCloud- one of the few systems offering a 100% free platform. It provides a range of services- but they vary depending on the subscription.
Amongst the best features are:
- Work order management
- Basic accounting
- Vendor and tenant payments
You can use TenantCloud for free for up to 75 units. There are two paid subscription options: $15 for up to 150 units and $50 for up to 500 units. Some features are restricted on the lower-priced plans.
Final Thoughts
Funnel Leasing has a high overall rating but is not necessarily applicable to most property managers and their operations. The lack of information on pricing and the high portfolio requirements take it off the table for many agents.
Luckily, DoorLoop is an excellent alternative for everyone. It is affordable, accessible, and advanced- helping customers manage their listings, tenants, payments, and accounts.
Schedule a free demo today to see what DoorLoop can do for you!
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