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
"I own 3 seperate companies that manage everything from single residential homes, condos, townhomes, hourse properties, lease up communities in all stages, established communities, small, medium, large, HOA's tax credit, housing assistance, luxury communities, and everything in between."
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CEO/President/Owner, Real Estate, Phoenix, AZ
"Notice creation ability (word interface optimal), full check printing (not pre-printed checks) micr printer (already have and use) digital signature, report flexibility, accuracy, e-mail ability for reports - creation of groups, etc.,flexibility of error correction."
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CEO/President/Owner, Real Estate, Santa Monica, CA
"We need it to be compatible with Excel, customize reports, and background screening included."
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Buyer, Other Business Services, Iowa City, IA
"We are having a slight problem where we only have 3 user accounts but we need a few more at low to no cost in order to finish our job."
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Office Manager, Real Estate, Silver Spring, MD
"Do not know what else is available until you tell us. we may then want to make custom changes or additions.we want prior period, current period and year to date feature for both income and expenses in a single sheet, or two."
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Partner/Principal, Real Estate, Grand Blanc, MI
"Were looking for software that will cover rents,maintenance expenses,taxes,and any missulanous duties."
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Consultant, Real Estate, Shorewood, IL
"Ease of use. Ability to add on more properties, estimating 30-40/year."
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CEO/President/Owner, Real Estate, Kent, OH
"We'd like our data to seamlessly transition from our old software to the new one."
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Office Manager, Real Estate, San Diego, CA
"I would like a program that I can do everything from keep track of rent rolls to tax allocation for scheule E, end of years stuff. I would like to have leases available, lead disclosure statements, late notices, and eviction notices. I need a one stop shop."
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CEO/President/Owner, Real Estate, Creal Springs, IL
"I need something that is user friendly, as there is turn over on these properties, maybe 1 per year or so. The fields should be static (not easily written over by non-users) and each user should be password protected."
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Facilities/Operations, Real Estate, Sand Springs, OK
"We are looking for a program that is very user friendly."
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CEO/President/Owner, Real Estate, Leeds, AL
"Our clients pay in multiple payments...not one time a month, could be cash , could be money order or check...also need to document the money order #. I need a way to track this each month."
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Buyer, Other Business Services, Saint Charles, IL
"We have had the same Yardi systemfor probably 20 years and I would not be surprised if we were the last company using their original DOS system. It still works fine, however, we are just about maxed out with our current system when we use it for our shopping centers and a new class "A" office building. We are really open on price. I would prefer to purchase a system one time and not be subject to large annual fees (except for support if needed)."
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CEO/President/Owner, Real Estate, Walnut Creek, CA
"Accounting all features for paperwork that has to do with managing properties."
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Partner/Principal, Real Estate, Montgomery, AL
"Needing a software that will allow customization of leases, chart of accounts, etc."
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General Manager, Real Estate, Evansville, IN
"Need to track both rentals we rent out but also rentals that we rent."
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Facilities/Operations, Health Care, Appleton, WI
"We ARE NOT interested in Web Based or Hosted software. We want in house only."
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Accounting/Finance, Real Estate, Columbus, OH
"I am a real estate broker, so I am looking for a software that not only is functional for day-to-day management, but also for eventual sale. I need a program that allows for a tailored income/expense reports."
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CEO/President/Owner, Real Estate, Diamond Springs, CA
"Access by owners and tenants to owners' statements and tenants' statements. Access by property managers for status."
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General Manager, Real Estate, Solana Beach, CA
"We have a scanner from Wausau Financial Systems that needs to be integreated into our software."
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CEO/President/Owner, Real Estate, Rothschild, WI
"We need it to feature the diference between Tenants and Shareholders on the rent roll. Reminder of due leases."
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CEO/President/Owner, Real Estate, New York, NY
"We are a nonprofit agency operating low income housing properties. We need something that integrates use with RD, HUD, and tax credit properties."
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Accounting/Finance, Non-Profit, Roseburg, OR
"I am looking for a software to start my company. Until i get to a more sophisticated owner, i want something nice but not over the top."
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CEO/President/Owner, Real Estate, Tempe, AZ
"1. reports easy for owners to read2. speed for all users3. reliability in getting the management fees on each propery.4. confidence in knowing when a check is cut, it will be accurate and all fees taken out."
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CEO/President/Owner, Real Estate, Summerville, SC
"The ability to turn the management of my units into a full fledged Rental Property Services business ....TheOneDayLandlord."
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CEO/President/Owner, Real Estate, Santa Barbara, CA
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