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What is Property Management?

Software for managing residential and commercial properties.

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Property Management software provides real estate managers with tools to efficiently oversee the operations of residential, commercial, or mixed-use properties. These platforms help manage tasks such as lease tracking, tenant communication, rent collection, maintenance requests, and accounting. Property management software often includes features for managing multiple properties in one system, offering detailed financial reporting, and automating invoicing and reminders for rent payments. Some platforms also offer online portals where tenants can pay rent, submit maintenance requests, and view their lease agreements. These tools help property managers save time and reduce administrative overhead while improving tenant satisfaction and ensuring regulatory compliance. Examples of property management software include AppFolio, Buildium, and Rentec Direct.

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