Property Management: Top Software in 2022

Property management as a practice is one of the difficult and time-taking tasks though it involves too many factors that users need to take care of. And good software helps attract, screen & manage tenants while responding to maintenance requests and account for all of the expenses and revenue that entails. It makes the tasks of a rent manager easy as it provides better maintenance while taking care of community associations. It helps landlords and real estate professionals track leases, residents & maintenance tasks, as well as collect rent and manage finances to reduce costs and streamline operations. And, without damaging the relationships - clients, property managers can easily handle their properties.

While it is just software with the special goal of enabling and easing the process of, well, managing properties under one’s administration. These solutions have come to play a critical role in the modern real estate market, helping property managers optimize their rental operations via monitoring tenant information, enabling cost savings, and countless other such measures. They also bring financial tracking features, maintenance management toolkits, tenant and vendor relations capabilities, etc. to the table. As you can see, there is much to be gained from a new-age property management software. Cumulatively, all these gains offered by property management software help property managers to improve not only their operations and business results but also deliver substantially improved experiences for renters.

Now, let us take a look at some of the top recommendations for property management software:

1. Showdigs: Showdigs is usually used by portfolio-based property management companies or those businesses that operate leasing departments as well. What happens with Showdigs is that licensed real estate agents can take care of showings, whereas the property managers can focus on getting work done around the office instead of spending time driving around town with clients.
2. Appfolio: Easily among the most sought-after names in the world of property management software, Appfolio is best-suited for portfolio-based companies. Most companies generally use it for managing single- and multi-family properties, student housing, condos, etc. Some of Appfolio’s most appealing features include owner portal, maintenance request management, rental application management, accounting, and marketing tools among others.
3. Nestio: Meant largely for the management of multi-family buildings, Nestio is primarily used for the collection and management of leads. It allows real estate and property management companies to keep a close on their inventory, available properties, etc. In addition to that, it also helps with marketing the listings and that too from a unified central platform. It must also be noted that since details and pictures are saved for units, property managers do not have to input these details every single time a listing has to be made.
4. Buildium: Generally the go-to solution for portfolio-based property management organizations, Buildium has proven to be a robust offering no matter if you are dealing with associations, student housing, rental properties, or any other such real estate. What’s even more interesting is that besides property management, this nifty tool also helps process client billing-related tasks, marketing, and so much more. Some other pros of this particular tool include vacancy monitoring, organization of properties based on various factors, etc.

Anyone who has ever managed a property knows that it is not an easy undertaking by any measure. Whether it is a single property or multiple properties that one must manage, the fact remains that there is much to be handled. Thankfully, Property Management Software can help with that. Hopefully, the aforementioned list of top PMS names can help you make an informed choice. However, if you want to take your business up a few notches, we highly recommend that you get in touch with a reputed service provider for custom apartment software development. Their expertise will help you develop the most appropriate solution to best help manage your property or properties.