Takeaways:

  • Smart Property Systems released new version of its award-winning software for property managers, REO/asset managers, student housing organizers and home flippers.
  • The system is based on a monthly subscription package with additional features that can be added as needed throughout the month.
  • Landlords can use automation for notifications, tasking out duties and obtaining rent.

Founded in 2004, Smart Property Systems has been serving property managers with management software. The cloud application software company released its new platform Aug. 18 with a mobile-friendly design using Ruby on Rails and HTML5 technology.

The software won the Webby award for innovative design in the past but had since received a lot of complaints about the product being buggy and out of date. In 2013, the company decided to invest heavily in creating a more user-friendly experience to support multiple facets of the property management industry, including REO/asset management, student housing and home flippers.

Courtesy of Smart Property Systems

Courtesy of Smart Property Systems

Its end-to-end functionality is intended to help build and support property management companies of all sizes, with packages ranging from one unit to more than 1,000 units.

Anyone in the rental process can access the portals, including landlords, property managers, tenants, owners and any other employees.

The system allows property management companies to list and advertise their units, manage and automate rent collection, screen tenants and more, but it all comes at a cost. Each package is available for a monthly cost ranging from $21.95 to $1,150. All services are add-ons.

Rent processing, e-signatures, vendor payment costs, tenant screening, snail mail and more can all be added to the packages and are billed to users as pay-per-use services. The accounting services are intended to eliminate the need for accounting software or additional spreadsheet keeping for most users.

Smart Property Systems also acts as a file saving and managing platform. All tenant documents are kept in the same place so that individuals on either end of the relationship can see lease data, any running balances, account information and more.

One of the biggest tenant and landlord time sucks is maintenance issues, which Smart Property Systems aims to eliminate. Employees of the property management company can task out duties to vendors, who can bid on tasks and communicate directly within the portal.

Any repetitive task can be automated, from reminding tenants about late rent payments to sending statements. Anyone subscribed to the platform can receive push notifications.

The company plans to continually add new functionality and features to its platform, but hasn’t revealed details as to what is on the horizon.

Email Kimberly Manning.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Don’t miss out! Inman Connect Las Vegas is this week and you can catch all the excitement with a virtual ticket.Register Now×
Limited time: Get 30 days of Inman Select for $5.SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription