From marketing your property and sifting through applications and background checks to drafting leases and making sure the property is in suitable shape, managing a residential property is a lot of work. And that work doesn’t end once a tenant moves in. After that, there’s maintenance requests, rent and HOA fee collection. Property management Apps , however, can help with all of these tasks. Specifically designed for landlords and property managers, these platforms can house and perform all of your day-to-day duties. If you’re just starting out as a property manager, it may seem daunting.
Luckily, there are free property management tools available to help ease you into the property management world. If you only manage a handful of units, these tools are a great way to stay organized without a lot of investment. Most free property management tools are only free if you manage one to 10 units, but some are available for businesses of any size. Check out our list of free property management solutions below.
In this article you will learn the details on how to develop a property management software for real estate and why your business need one.
Frequency of use Different Information Source:
If you have a real estate company, you’ll want to do business with a platform or set up a proprietary system through which you can grab some of that traffic.
What is Property Management Software Apps?
A property management app is composed of software that is designed to automate business processes in property management.
That might mean communication between tenants and landlords. It could be reservations and hotel bookings. It might be customer support, billing, checking-in or out, or marketing. Our recent related project was Proper, a communication app for tenants and landlords.
Types of Property Management Apps:
Here is an overview of the common types of property management software:
Apps for Rental Property Management for Long and Short-Term Rentals
This type of app can make it easier for the rental manager and the individual or family looking to rent.An example would be Zillow Rental Manager or Property Buddy.
Residential Property Management Apps for Houses, Apartments, & Multi-Unit Buildings.
These sorts of apps are mainly used by managing companies and landlords. Examples include Buildium and AppFolio Property Manager.
Apps for Condominium Property Management for HOA Properties, Condos, Co-Ops, and Townhouses
This sort of renter’s app is for more specific types of properties. Some examples are Easy Storage Solutions or Rentec Direct.
Vacation Rental Property Management Software
This type of app would be for management companies that rent out vacation properties. Rentals United or Guesty are two good ones.
Commercial Property Management App for Retail and Office Space
If your company has commercial property space available, an app can help you get a tenant in there as quickly as possible. Something like InnQuest might be the way to go.
Property Management Accounting Software
You also might want software that can help you with the accounting aspect of property management. AppFolio and Sage work well for this.
- Apps for Industrial Property Management for Logistics and Warehouse Facilities, Industrial Properties, and Offices
Buildium is probably the most popular tool for these sorts of rental.
Why Build a Custom Rental Property Management App?
Here are several arguments why you should consider building your own landlord property management software.
- Fast and Easy Management
- Task Automation
- A New Channel for Getting Customers
- 24/7 Customer Support
- A More Secure and Safe Solution
- Powerful Analytics
- Effective Communication
- Higher Customer Loyalty
- Managing Multiple Properties
- Easy Backup and Recovery
now you should get a clear understanding of what the property management solution is, why its’ so helpful for real estate businesses, and why and when you should develop your property management software. if you still have some questions about your idea or project, drop us a line, and we will back to you with a free quote.