Top 10 Commercial Property Management Software Choices for 2024

With the arrival of commercial property management software, the lives of property managers and landlords have become much easier, more convenient, and efficient. Since commercial property managers have to deal with multiple tenants and more complex leases, this software solution is much more advanced than the general PMS. Recently its demand has been on the rise, resulting in an increased availability of several options in the market. But to make things easier, and save you time and effort, we will provide you with the list of 7 best commercial property management software in the market. So let’s dive in.

Property Automate

Property Automates’s commercial real estate property management software is a comprehensive cloud-based solution that simplifies your sales and leasing operations within a single platform.

• Seamlessly integrates with accounting, security, maintenance, and inspection systems to enhance efficiency and streamline your portfolio performance.
• Its inspection and maintenance module increases the lifespan of your expensive assets and keeps your tenants happy and satisfied.
• Commercial sales and leasing facilities simplify your business management.
• It stores, manages, and analyzes real-time data to help you make informed decisions.
• It operates on a subscription basis. You pay only for the features that align with your business operations.
• The mobile app allows you to manage your business from anywhere and anytime.
• Its highly intuitive and user-friendly dashboard centralizes your entire property management operations.

DoorLoop

DoorLoop’s commercial real estate software streamlines your entire property management operations on a single platform.

• Accounting features support various payment methods, generate customized reports, and provide complete visibility.
• The tenant portal allows tenant communication, collects rent, and receives maintenance orders.
• Enables tenant screening, automatic listings, and other marketing tools.
• Create and track work orders, and allow vendor payments.
• Access reports and print cheques through the owner portal.

VTS

VTS commercial property management software offers shared tools and insights to make better decisions about spaces, buildings, markets, and tenants.

• Provides a complete view of the portfolio and lease roll to drive renewal and expansion opportunities.
• View occupancy, vacancy, and inventory trends.
• Help tenants find you easily by building websites and search-engine-optimized listing pages.
• Set competitive prices that attract tenants and maximize ROI by driving leasing activity.

Re-Leased

Re-Leased commercial real estate software allows you to manage, track, and improve your portfolio performance.

• Simplify daily tasks and provide valuable insights.
• Gives a full view of your properties, leases, tenants, and everything related to your portfolio.
• Generates invoices and sends you reminders for lease activities.
• Its integration capabilities, bring all business operations to one place.
• The easy-to-use interface requires minimal training and automatic updates result in continuous improvement.

Property Meld

Property Meld software specializes in simplifying property maintenance.

• Give a clear picture of maintenance metrics, helping you make smart decisions.
• Track rent reviews, lease renewals, expirations, maintenance tasks, and arrear notices, all from a single, easy-to-use dashboard.
• Allow new invoices to reflect the updated rent, calculate and add the arrears if any, and send it to the tenants.
• Enhanced accessibility with smart mobile apps.

RealPage Commercial

RealPage software is an all-in-one solution that links middle and back office operations, promoting transparency and efficiency throughout the lifecycle of your portfolio and assets.

• Offers operational, financial, and reporting functionalities.
• Manage commercial billing recovery process through a powerful billing recovery engine.
• Accurately bills tenants for all charges and sends notifications of rent increases.
• Work order management.

Rentec Direct

Rentec Direct provides powerful tools to simplify operations for property managers and landlords.

• Ledger accounting, reporting system, and online rent payment portals.
• Work order management system.
• Provide owners with access to valuable data through the owner portal.
• Electronic vendor payment is used to eliminate the need to print or fill out a cheque.
• Tenant portal to facilitate rent payments and maintenance requests.

These top seven commercial property management software options will simplify and improve your property administration. The choice depends on your needs and portfolio size. The right software will allow you complete visibility and help you to make better decisions. We believe this post will help you find the best match for your business.