We ask users of our quote request service to describe their property management software purchasing requirements in detail so the vendors we match them to can provide customized information in response. Now we're sharing these buyer requirements with you.
We hope these user comments help you get a sense of what types of property management software other users are choosing and what considerations are important to the average buyer. Take a look and you'll probably see some responses that are relevant to your business.
BuyerZone user comments: property management software purchasing requirements
"We are a governmental agency with rental assistance projects. We utilize property management companies to manage physical plant to include property operational management & reporting. We are beginning a change to a single property management software package that can accommodate property management & may be able to be interfaced with a new accounting system in the RFP stage which is being developed."
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Accounting/Finance, Government, Honolulu, HI
"I am lookinf or Yardi Professional Software for proeprty Mangement."
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Administrative Assistant, Real Estate, Tucson, AZ
"Need to have a system that will indicate the rentals, balance due, proper owner statements, good repair system for buildings, renewals, delinquencies system, and all the other aspects of a good property manaagement accounting system for a real estate broker office."
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CEO/President/Owner, Real Estate, Richmond, VA
"We are looking for a work order system to replace our old AMSI system."
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Marketing/Public Relations, Real Estate, Reno, NV
"Monthly & Weekly rentals.Late fees as a % of unpaid balance.Rents due on different days.Different management fees (%) for different properties.Primary emphasis on cash flow/checkbook."
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CEO/President/Owner, Real Estate, Savannah, TN
"The ability to run proformance analysis on properties and tracking mortgage information (payoff,interest rate,mortgage co., etc...)."
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CEO/President/Owner, Real Estate, Dewitt, MI
"I am looking for, if it exists a software that will allow me to utilize it for all of my services which include 1) Home Owner Association Mngmt. 2) Condo Assoc Mngmt 3) Nightly Rentals 4) Yearly/long term rentals."
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Partner/Principal, Real Estate, Tuscaloosa, AL
"Single Tenant Healthcare Properties, must manage rent increases, track property taxes, link up documents such as appraisals."
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Buyer, Real Estate, Washington, DC
"I am looking for a less complicated software than our current software. We are a midsized company that manages around 25 properties. We are looking for a software package that doesn't cost us over $3k per year in R&D and upgrades. I want a software package that has been created from Windows, not from a DOS-based software 20 years ago."
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Accounting/Finance, Real Estate, Troy, MI
"I would like a program specific to New York City Codes and regulations..."
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CEO/President/Owner, Real Estate, New York, NY
"I need a complete property management software and document management system. I will be launching my company in a couple of months and am looking for something that can get me started as well as grow with me and my business."
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Partner/Principal, Real Estate, Hampton, VA
"We need each property profile to be under one file so we don't have to open up a new file everytime we need to look at a property. While all properties are owned by the same group, some have different percentage ownerships. Also, need to compare performance of like kind properties."
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CEO/President/Owner, Real Estate, Kirkland, WA
"I work for a Tribal Government and have to manage Tribal Members Real Estates, and most are rental units that is covered under a lease agreement; payment are made to Bureau of Indian Affairs/Name of Tribal Member for the renter; there is a deposit fee, and monthly fees that need to be tracked; and if there is a late payment, a late payment fee needs to be billed to the rentor; some sells their lands, some sub divide their lands, some gift deed lands, most are transfered through probates process and become heirs of their parents property; and most times also there are multiple new owners after probate is finalized."
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Buyer, Government, Barrow, AK
"I want to have a quick easy accounting system for all my money in and out, ways to track each tenant individually and efficiently with as little paperwork as possible so that when i start this complex it is fresh and new from the beginning and stays up to date from day one."
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CEO/President/Owner, Real Estate, Frontenac, KS
"We do not bill tenants. I need software for ledger sheets and monthly summary to accountant. We are currently doing it by hand and summarizing on 2003 Excel."
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Buyer, Real Estate, Coeur D'Alene, ID
"We are a very small company in a very small town so we do not anticipate growth beyond about 50 clients.Our biggest concern is DRE trust account record keeping compliance and the automated presentation of monthly client/property owner statements."
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Accounting/Finance, Real Estate, Aguanga, CA
"My office is in more of a rural area vs. urban, so out of approx. 150 rental properties, less than 10% are apartments and duplex'es so we have 90%+ single family. I have had the HARDEST time finding a cost effecient program to manage and keep track of these units. Most of the things on the market are geared towards large apartment complexes or large city buildings with a lot of units."
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CEO/President/Owner, Real Estate, Maryville, TN
"We currently use Timberline and have realized after much expense that it is too big for what our needs are."
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Office Manager, Real Estate, Richmond, VA
"We are looking for an owners portal, tenants portal, maint and holding all docs in system."
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Buyer, Real Estate, Greenwood Village, CO
"I would like a program that allows me to create invoices for NNN leases."
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Office Manager, Real Estate, Anaheim, CA
"Account classification that can be customized. Facility to receive web transmitted rent payments; ease of use."
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General Manager, Consulting, Harrison, NY
"Need lease agreements, applications, and good logs of each apartments including tenant information with each apartment."
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General Manager, Real Estate, Arcadia, FL
"Notifications of critical lease dates, expirations, etc. Ease of reconciliation and cpi increases."
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Office Manager, Real Estate, Indianapolis, IN
"I simply need a system to support reservations and accounting."
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CEO/President/Owner, Travel/Hospitality, South Padre Island, TX
"Looking to control cash flow , repairs and maintenance and all billing and lega letters."
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Accounting/Finance, Transportation/Logistics, Lakeland, FL
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