Searching for the perfect property management software and are wondering if PropertyWare is the best choice?
Choosing this kind of software for your property management business is very important and can be a difficult and costly decision. Good software can save you and your company tons of time and make all the operations way more efficient.
When making this decision, there are some important aspects that you should do research on before investing. Some examples of these are:
- What is the price?
- How easy is it to use?
- Do the features match your needs?
- How does it compare to competitors?
Luckily for you, we will be answering all of these questions, based on PropertyWare reviews, about the popular property management software PropertyWare, all in this guide.
So if you are looking for some guidance on this software, continue reading to have all of your questions answered.
What is PropertyWare Property ManagementSoftware?
PropertyWare is a powerful all-in-one property management software that is built to be a scalable solution for property management. Although it is mainly built as an accounting tool for commercial property management use, it can be used in a property management company to do many other things as well.
PropertyWare also has support for various kinds of properties, including:
- Affordable Housing
- Residential Properties
- Commercial Properties
- Student Housing
One of the most notable characteristics of this software is that it has a completely open API and that it is fully customizable. This means that you can configure the software to do exactly what you want it to and look exactly how you want it to.
Also, PropertyWare provides various reporting features. This feature allows property managers to create reports, based on their customized reporting, directly from the software.
These characteristics, along with a robust set of features, are what make PropertyWare a great choice for property management software.
Now that you have some idea of what PropertyWare offers, let's delve deeper into exactly what this software offers you in terms of features and pricing.
One of the most important things to consider when choosing software to invest in is the set of features that it offers. Some of these features are capable of saving your business tons of time and money, so it's essential to choose wisely.
One of the best parts about PropertyWare software is that it provides a large collection of features that range in functionality. All of these tools can be extremely useful to property management companies and can completely transform how they operate.
Some of the most notable features that a PropertyWare user can enjoy include:
- Full Accounting Suite
- Maintenance Management
- Digital Marketing Functionality
- Lease Management
With the amazing and deep selection of features, it is clear to see why a rental business makes PropertyWare their choice. You can also automate most of the daily, monotonous tasks that arise from property management.
Below, we have outlined exactly what these features do and how they are useful to you and your business.
Full Accounting Suite
One of the main features of PropertyWare is its fully integrated accounting suite. This feature provides you with a large collection of tools that allows you to manage the core of your business - the money.
Some of the tools that are included in the accounting suite include custom reporting, budget managing, accounts receivable, and accounts payable. This means that owners can pay bills, rent, or fees straight from the owner portals. This helps property managers because it means that all of your rent collection is done from the software platform.
Also, since PropertyWare is cloud-based software, it syncs financial information across various devices, even on the mobile app. This is useful because when you sync financial information, you are making sure that you have the most accurate and recent information, no matter the place.
Another very useful feature provided by PropertyWare is a complete maintenance management system. This feature saves a ton of time because it basically automates the entire property maintenance system.
The way that this system works is that tenants can submit maintenance requests on the software for property managers to see. Then, the property manager can hire vendors straight from the software and monitor how the job is going.
Also, PropertyWare provides a seamless communication system that allows tenants to communicate with the owners very quickly about maintenance. The same goes for the owner, as the request is put through a PropertyWare contact center and a service team is dispatched as fast as possible.
Another interesting aspect of this maintenance management system is that it allows you to set up automatic maintenance. This way, you can be sure that you will never miss maintenance on any of your properties.
Digital Marketing Functionality
One very unique and useful feature that is offered by PropertyWare is digital marketing functionality. This feature makes it extremely easy to list your vacant properties on the internet to quickly fill them up.
The way that the PropertyWare software does this is by allowing users to create their very own rental listing websites straight from the software. These websites are vital for gaining more leads because they integrate rental listings in one place for potential buyers to see them.
PropertWare also assists with posting your vacant properties to third-party websites, whether it be residential, commercial or large properties. It does this by recommending high-quality and professional descriptions of the units you have up for rent, tremendously increasing the conversion rate.
The software even assists with marketing outside of the real world with automatically-generated print brochures. These brochures can be printed out and distributed at events to increase the number of visitors to your listings website.
Another invaluable feature that comes with PropertyWare is the ability to manage all of your leases and assets. This feature is involved in every step of the process when it comes to finding, onboarding, and maintaining new tenants.
Some of the things that can be done through the lease management feature are tenant screening, applications, and background checks. The software can also automatically choose which tenants are considered by giving each one of them a risk factor. And, since all of this information is stored in a proprietary software file, you can instantly generate reports on it.
Now that you know about some of PropertyWare's most important features, let's talk about the dealbreaker - the price.
A very positive aspect of PropertyWare is that its pricing is very transparent and clear. Advertising "no hidden fees", they have all the different prices listed on their website.
Similar to many other companies, PropertyWare's services are split up into three different plans: Basic, Plus, and Premium. The Basic plan starts out at $1.00 per unit, per month, with a $250 minimum. The Plus plan starts out at $1.50 per unit, per month, with a $350 minimum. Finally, the Premium plan starts out at $2.00 per unit, per month, with a $450 minimum.
Although the pricing is very clear and transparent, it is somewhat higher than the average software. This means that you will be paying a lot of money for the features that PropertyWare provides, so it is vital to make sure that you are getting the most value for money possible.
So, if the price of this software is something that turns you away from it, let's go over some alternatives that may be more worth your money.
Looking for a solid alternative to PropertyWare? Well, look no further. DoorLoop has all of the features that you will ever need at an unbeatable price.
DoorLoop is an all-in-one property management solution that is made by property managers, for property managers and property management companies. Since the entire software is made by a development team full of real estate professionals, it is sure to meet all the needs of your business.
Some of DoorLoop's most characteristic features include:
- Leasing and Marketing Tools: Completely automate the listing of vacant properties to quickly fill in the units that you have available.
- Fully Integrated Accounting Suite: Manage all of your financials and accounting needs from one single portal with a system that integrates with dozens of other software.
- Exceptional Customer Support: Enjoy excellent technical support throughout your experience with the software and even the training process.
- Maintenance Management: Manage all maintenance requests from your rental properties and keep track of the service done on the properties.
- Tenant Portal: Making things like paying rent, viewing your balance, and requesting maintenance very easy with a convenient tenant portal.
So, if these features sound like something you would be interested in, continue reading to find out what makes DoorLoop stand out the most, its price.
If PropertyWare's price is something that turned you away, we have some good news. DoorLoop is now 50% off your first two months.
Interested in scheduling a demo?
Visit DoorLoop to create an account and get started today!