Property Management Software
An interesting report was brought to my attention about
property management software. Software
Advice has done some research
on property management software and how it enhances the operation of
property management companies. The range of software options is diverse. I
Googled property management software earlier this year and came up with 41
vendors that include Buildium, TenantPro, Propertyware, Yardi, and many others. An associate of mine's company, Placeforce, has developed his own
property management software
that focuses not only on property management but the communication of project
status. At Real Property Management Boston, we use a SaaS (software as a service) off the shelf product that has been configured for our unique application. The software is priced according to the number of units under management. Functionality includes online statement and document presentation to owners and residents and the ability to track communications through entering notes or sending emails via the software as well as the typical building/rent management aspects. One area that falls short is in lead and sales tracking - we've had to go to other CRM platforms. Our current software challenge is in document sharing and group calendaring. We have yet to find an application that meets our needs without requiring the installation of a server. I'm certainly interested in hearing any ideas!
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