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
"Separate and combined financial statements by property and/or owner combinationsYear end gov't reporting for tenant rents -multi-tenants per unit; different agreements per tenant; different receipt sources per tenant; etc."
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CFO, Real Estate, Minneapolis, MN
"Property management system must be intergrated with accounting software. Good support and help with implementation, background checks, report builder, integrated with document processing,."
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Consultant, Real Estate, Denver, CO
"I want to make sure I can generate site inspection reports.."
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CEO/President/Owner, Real Estate, Provincetown, MA
"We need to be able to handle advance reservations for vacation rental."
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CEO/President/Owner, Real Estate, Tybee Island, GA
"I own all of the properties and have them set up in three different LLC. I would like to be able to use one system for all the properties (single family to multi-unit) but to have the ability to look at each LLC and down to each property individually. I would like to be able to do Income Statements and the like for each property."
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CEO/President/Owner, Real Estate, Holyoke, CO
"Looking for a rent roll application to track applications, move-ins, rental payments, other revenue collections and move-outs for 4 properties totaling approx. 1,000 units."
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CEO/President/Owner, Real Estate, San Antonio, TX
"New company start up - will manage 50-75 short term vacation rentals as well as single family homes - have had experience using Tenant Pro 6 and 7Need very user friendly software"
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CEO/President/Owner, Real Estate, Hilton Head Island, SC
"Ability to manage lease documents, increase letters, daily inquiries on billing and collections of rent, rent roll, abstracts."
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Office Manager, Real Estate, Lakeland, FL
"Ability to work with 5 diferent checking accounts, write checks and all the needed reports for my CPA to file income taxes."
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CEO/President/Owner, Real Estate, Bronx, NY
"How to retrieve my records and how to have a smooth takeover with rents hud bills."
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Office Manager, Real Estate, Longview, WA
"A system that is secure that gives managementability to check when changes are made bythe user to hide mistakes. Alerts for pastdue accounts and work orders."
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General Manager, Real Estate, Lexington, NC
"Keeping accounts on each owner and showing maintenance done doing a quick report when ever needed and 1099's at the end of the year. Writing checks and showing all checks written and reconcile account monthly."
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Buyer, Real Estate, Benson, AZ
"1) Must be able carryover historical data from Timberline to new program;2) Must be able to address New York City rent stabilization laws;3) Must be user friendly."
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CEO/President/Owner, Real Estate, Mamaroneck, NY
"Low cost and simple with no need for tech support."
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CEO/President/Owner, Real Estate, Stone Mountain, GA
"Small family owned company looking for inexpensive property management software."
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Partner/Principal, Real Estate, Nicholasville, KY
"Better customization than promas.Ability to send e-mails from the program."
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CEO/President/Owner, Real Estate, Stafford, VA
"We primarily manage commercial/industrial property. Very little residential at this time."
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CEO/President/Owner, Real Estate, Wallingford, CT
"Must be very user friendly. Please send sample demo and pricelist asap.Thanks."
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General Manager, Real Estate, Helotes, TX
"The most important requirement is accurately tracking rent payments of each tenant. It is also important that I am able to generate different types of reports with the rental account data."
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Buyer, Non-Profit, Hempstead, NY
"Track income & Expense by unit but generate consolidated 1099 to owners at year end."
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Accounting/Finance, Real Estate, Las Vegas, NV
"Just a small company who would like to get computerized."
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General Manager, Real Estate, Idaho Springs, CO
"I would also need data base of each apartments history and previous tenants."
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Office Manager, Real Estate, Bonita, CA
"Show sq ft per tenant/total sq footage for building / print letters/ invoices to tenants / client specific letters as per the information in the software - thanks."
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Office Manager, Financial Services, Dallas, TX
"Looking for Features, functionality and Customization along with Reliability."
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CEO/President/Owner, Real Estate, Meridian, ID
"Accouting that an auditor can access. Papertrail on letters, repairs, emails etc. Collections easy to separate maintenance fee from sp assessments or other items. Quick access to owner info when they call so call can be logged."
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Office Manager, Real Estate, Seabrook, TX
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