Property listing management software streamlines many real estate workflow processes and helps to make the buying and selling process more efficient. The software can help with marketing tasks, creating and distributing digital listings for properties, managing and submitting paperwork, and interacting with clients. This can improve a business’s productivity and allow for more time to focus on client interactions, negotiations, and closing.
There are several property listing management systems that can be used in different markets and types of real estate. Buildium offers a free and paid version of its software, providing tools for listing properties, online tenant screening and leasing, rent payments, maintenance work order management, and financial tracking and reporting. This can be useful for small and medium-sized landlords who manage rental properties.
Other property management systems that offer features for multiple housing types include Innago, which can be used to manage single-family homes and multifamily buildings up to 5,000 units. Its marketing and showing management tools can improve open house and showtime efficiency, while its tenant portal allows tenants to submit maintenance requests online. This can be helpful for landlords who wish to increase their tenant retention rate and reduce vacancies.
When choosing a property management system, it’s important to look at core strengths such as usability, scalability, and support. Often, a higher price tag doesn’t guarantee that a software solution will be able to meet a landlord’s needs as the company grows. It’s also important to look at reviews from unbiased 3rd party sources before making a purchase decision. property listing management software