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This article was published on: 08/01/2001

BUYERS GUIDE VENDOR CHART

Property Management Software

Manager's Best Friend

Propety management software: For more information from any manufacturer, visit the company's Web site.
BASE PRICE/UNITS
PROGRAM/
PUBLISHER
PROPERTIES COVERED
EXPANSION OPTIONS
FEATURES
$159 for 25RentRight
RentRight Property Management Software
800/736-8065
www.rent-right.com
Single-unit and multiunit residentialAutomated check writing and 1099 reports with 250-unit versionPassword-protected property and applicant database; simple or detailed records system for tenants, properties; tenant contact management features; income and expense tracking; standard forms and letters library; built-in report formats
$395 for 60Investment Property Management 2001
Realty Automation
800/653-8428 www.fullhousesoftware.com
Residential, retail, and commercialVersion for unlimited number
of units; check-printing module
Simplified icon-driven property management; general ledger accounting; integrated tenant and property databases; more than 100 standard report formats; multilevel password protection; generates invoices and 1099s
$395 for 50Promas Landmaster
CMS Inc.
800/397-1499
www.promas.com
Residential, retail, and commercialNetwork and commercial
property versions available
Double-entry accounting and property management solution; tenant and property databases with search and retrieval functions; auto billing, payment recording, rent increase activation; 100 built-in report formats; customizable owner statements
$400 for 100Management Plus American Computer Software LLC
800/527-9449
www.acsoftware.com
Residential, retail, and commercialModules include maintenance tracking, applicant database, marketing, meter reading, report writerUnlimited number and types of properties; software wizards guide users through setup, retrieval of info; integrates with popular accounting software programs
$495 (unlimited)Resort Administrator Key Software Solutions
888/577-5770
www.vacationrentalsoftware.com
Vacation rentalsMore robust Resort Administrator II; rental property management moduleSimplified data entry system; search and sort property database based on preferences and schedule;
single window for recording and tracking all information pertaining to each rental unit; standard report formats
$495 for 50Tenant Pro 5.0
Property Automation Software Corp.
800/964-2792; www.tenantpro.com
Residential, retail, and commercialModules for maintenance and utility billing; automatic listing of new vacancies on Yahoo! Real EstateGeneral ledger accounting; integrated property and tenant databases; property records; built-in word processor; more than 120 standard report formats; check writing built in; managing and tracking maintenance work orders
$499 for 100Property Boss
Old Forest Software Inc.
800/562-0661 www.propertyboss.com
Single-family and multifamily residentialMICR check reader and prospect and guest management modules; also offered as Web-based applicationSimple register accounting, compatible with QuickBooks; integrated property and tenant databases with user-defined fields; lease and work order management; built-in report formats
$500 for up to 50Peak Property Management Software
iManageProperty Inc.
877/335-7325 www.imanageproperty.com
Single-family and multiunit residential, homeowners associations, and commercialePeak for Web-based accessGraphical user interface; records systems for owners, properties, units, and tenant contacts; integrated maintenance and scheduling calendar module; accounting tools; on-screen audio and video training help tutorials; flexible password security; financial report functions; Microsoft Word templates for letters and leases
$595 for 50 Property Manager Edge
Winning Edge Software Solutions
509/852-8000
www.pmedge.com
Residential, retail, and commercialReport writer; data conversion; utility billing; automatic tenant bank draft; electronic banking; vacation and short-term rentalGeneral ledger accounting; contact and task management functions; integrated tenant and property databases; work order, mail merge, owner statements, and budget reporting; attaches images to records; e-mail reports from within program
$1,119 for 25 Resort Management System
Advanced Management Systems Inc.
800/366-5152 www.ams-rms.com
Vacation rentalsInternet booking; unit scheduling and maintenance management; electronic credit card payment processingDouble-entry accounting; integrated tenant, property, and owner databases; automated reservation handling; tracks rental income, commissions, maintenance expenses; generates checks; seven report areas with user-defined options
$2,000 Spectra for Windows
Spectra Computer Services Ltd.
800/731-8668 www.spectraesolutions.com
Single-family and multiunit residential, commercial, industrial, office, shopping center, condominiumIntegrated accounting; commercial recoveries; shopping center percent rent; maintenance; work orders; security; MICR checks; budgeting; payroll; energy tracking; Internet enabledProperty database with integrated accounting, including accounts receivable; 200 reports on properties, units, leases, tenants, suppliers, and owners; integrates with Word, Excel, and Outlook for contact management, activity tracking, report exporting, and communications; electronic filing of pictures, floor and site plans, maps, and CAD drawings
$2,590Yardi Professional;Yardi Systems Inc.
800/866-1144 www.yardi.com
Residential and commercialElectronic banking; maintenance; subsidized housing; lease management; payrollHandles unlimited number of units; integrated accounting and property management system; individual contact and task management; customizable setup; general ledger accounting; property and tenant database; customized report writing
$3,000 for 30PropertyPlus
Instant Software
800/246-5645 www.instantgroup.com
Vacation rentalsReal-time availability and online reservation; direct deposit of funds to owner's account; credit card authorization modulesOn-screen visual planner handles all reservation details; integrated property database; standard accounting module prepares ledgers, statements, and checks; document merge to Microsoft Word for printing contracts; work order and cleaning schedule management module; standard and customizable reports

This list isn't comprehensive; Coldwell Banker United doesn't evaluate or endorse these products and isn't responsible for changes in company information.

Note: Many of these systems are available in a variety of configurations, which will impact both the price and the features of the system.

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