You wouldn't even believe the sheer number of property management software options out there, and this is exactly what makes it so difficult to choose one. How can you be sure that the one you're interested in is the one that's going to deliver the value that you need? To be fair, there's no way to know that off the bat, so what do you do?
Are you going to try all the different options available until you hopefully run into the one that does the job you want? That doesn't sound like a very good time, now does it? Thankfully, you don't need to put yourself through all that.
We have our property managers, real estate owners, and landlords covered! Below, we'll take a look at RealPage, as well as some of its competitors you may want to consider to take care of the tenant management, online payments, etc., that you will need from your property management solution.
About Real Page
Let's start things off by talking about RealPage for a bit to familiarize you with the platform.
It's a cloud-based property management software solution that has features allowing it to support different kinds of properties, which can come in very useful if you have a mixed portfolio of community associations, standard residences, commercial properties, and more.
Let's look at the features and the pricing, starting with the former:
- Budgeting tools - Stay on top of your expenses to understand your cash flow and keep costs down.
- Property maintenance - Track maintenance requests from work orders that you can effortlessly create and assign to ensure that your properties remain in the best shape possible.
- Full property management - Take advantage of this end-to-end solution with full customization with tools geared towards greater profitability, efficiency, and productivity.
- Accounting suite - The accounting suite here is respectably put together with a series of necessities including financial reports, corporate accounting, variance analysis, vendor payments, and budgeting.
- Document management and production - Offer your clients consistent and accurate paperwork with this feature that allows you to maintain a constant stream of documentation while reducing the time it would have taken to deal with the physical variant.
Real Page Pricing
Let's talk pricing. RealPage uses square footage for billing.
There are two plans available, which are as follows:
- Office and retail assets - $10 per month for every 10,000 ft2
- Industrial assets - $5.83 monthly for every 10,000 ft2
Top Five Real Page Competitors
Now, let's take a high-level look at the top RealPage alternatives you need to be looking at.
DoorLoop does an excellent job of bringing together all you could ever want to efficiently manage your property from a web-based system because its features are specially designed to reach the different sought-after functional areas.
The said features are as follows:
- Tenant portal
- Maintenance management system
- Marketing tools
- Excellent customer support
- Comprehensive accounting suite
This is hands down the best solution available, and you won't believe the level of ease it brings to your property management life when you start working with it.
If the features weren't amazing enough, there's also the pricing, which is incredibly favorable. The starting cost is $49 monthly and this will allow management for up to 20 units. Additionally, if you want to see what your experience will look like, feel free to schedule a demo with the DoorLoop team.
RentRedi is another of the top alternatives to RealPage and it's known for the robust feature set it brings to users of the website. Both residential and commercial operations are supported here, and the communication functionality is very well implemented.
The features offered by RentRedi include:
- Dedicated support team
- Marketing tools
- Maintenance request management
- Complete tenant portal
All of RentRedi's plans come with all features, and that's because the difference is in the agreement length. You can pay monthly, biannually, or annually, for $19.95, $15, and $9 per month, respectively.
Stessa is another great alternative.
Stessa allows you access to the following features:
- Owner portal
- Rent tracking
- Tax management
- Mobile app
- Financial reporting features
- Basic leasing features
- Document management
Stessa is a free piece of software that comes with all the basic features.
4. Landlord Studio
Landlord Studio is another alternative with a great starting point.
Landlord Studio Features:
The features offered here include:
- Expense tracking
- Application management
- Tenant screening
- Online rent collection
Landlord Studio Pricing
Landlord Studio's pricing model features two options. There is a free plan, which offers a very rudimentary experience, followed by a pro plan costing $12 monthly, which has all the features that the platform offers.
Propertyware is the final stop here and it's a pretty comprehensive suite of products, which is meant to offer scalability to your property management operations.
The features present include:
- Maintenance management
- Digital marketing
- Lease management
Propertyware prides itself on having very transparent pricing with no hidden fees or extra payments for features. Their services are split into three different plans, the Basic plan, the Plus plan, and the Premium plan.
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.
Which Software Will You Choose?
Choosing the correct property management system can make or break your operations. Today, you got a look at the best RealPage alternatives on the market.
Of these, DoorLoop stands at the top. It has rich features, can be used to manage any property type, and has an attractive pricing model. Schedule your free DoorLoop demo today to see what it has to offer!