Palace is a property management system designed for residential property managers and management companies. The system offers accounting, tenant and lease tracking and maintenance management functions.
With Palace, property managers can track number and types of properties, overdue tasks and tenancies on the main dashboard. From there, users can view reminders, charges, invoices and incoming mail.
Navigation buttons on the left side of the screen give access to lists of owners with associated contact information and balances. Properties and tenants are also available in a list, and the system can generate reports based on agents or groups, presented in a graphical format with month-by-month comparisons.
Palace also gives owners access to these, with year-end statements, invoices and inspection reports available at any time with log in credentials. Tenants can also view their ledger reports.
The system is accessible with an integrated mobile app at no extra cost, and users can set up SMS messaging to send texts to owners and tenants.
Harrison from Tommy's Property Management
Specialty: Real Estate Developer
Employees number: 2-10 employees
Easy to use, simple interface. integrates well with API's form other software providers and allows for simple trust account management
Missing some big corporate features. and the cloud based variant still has some bugs in it that need ironing out.
David from John Crocker and Associates
This is a very user friendly software which is cloud based and will hopefully soon integrate with accounting software such as Xero. Their support systems are excellent and they are constantly making improvements to the software.
Only drawback is that it is not tailored to commercial, only residential. However, If you have a portfolio of purely residential then look no further.
Tiffany from Managed Limited
I have used Palace for about 5 years now, in various companies. When starting my own property management company there was only one software company I considered and they were the biggest cheerleaders. I find the Palace team to be helpful, willing and always polite. No question is too small and they are only too willing to put you on the right track. It really makes a difference - they get what we do & how important it is!