Re-Leased Review, Pricing & Features

Re-Leased Review, Pricing & Features

Re-Leased is a commercial property management system used by thousands of commercial property managers and landlords globally.

Pros

  • Robust CAM budgeting makes this solution ideal for those managing commercial properties
  • Interactive calendar helps you track key dates and is integrated with Google Calendar, Office 365, and Outlook
  • Seamlessly integrated with popular accounting solutions, Xero and QuickBooks Online

Cons

  • Does not offer an open API which restricts third-party integrations
  • Although Re-Leased includes built-in accounting tools, you will likely need to purchase a separate accounting software
  • Does not support two-way texting and emailing

Editor's Rating

4.5/5.0

What is Re-Leased?

Re-Leased is a cloud-based commercial property management solution used for various property types including commercial, retail, and office & industrial properties. This solution is equipped with features that help commercial property managers and landlords keep track of key events & tasks and improve business operations. These features include an interactive calendar, mobile applications, CAM budgeting, and analytics & reporting.

Schedule a Re-Leased Demo

Table of Contents

Full Review

Re-Leased was established in 2012 by Tom Wallace. Since then, Re-Leased has grown to serve more than 6,000 customers in more than 40 countries.

Re-Leased offers several useful features that help commercial property managers and landlords keep track of key events & tasks and improve business operations. These features include an interactive calendar, mobile applications, CAM budgeting, and analytics & reporting.

In general, commercial property managers and landlords use Re-Leased as an all-in-one solution to manage the entire property management life cycle. Re-Leased is utilized for various property types including commercial, retail, and office & industrial properties.

Overall, Re-Leased is one of the most powerful commercial property management solutions on the market. This solution is an attractive option for small to midsize businesses with a rent roll exceeding $1 million.

Re-Leased Pricing & Cost

Re-Leased pricing is based on the size and type of the portfolio. In general, Re-Leased costs more than $7,500 annually.

Re-Leased Features

Below, we'll discuss the key features of Re-Leased, and how it can streamline your workflow and optimize many of your day-to-day tasks. We include screenshots of the product to give you a sense of its design and layout.

Dashboard

Re-Leased’s dashboard helps property managers and landlords keep track of important events and tasks. The dashboard includes a to-do list, interactive calendar, and analytics module.

To-do List

The to-do list helps commercial property managers and landlords monitor important tasks at a glance. You can click into each action item to complete tasks directly from the dashboard.

Calendar

Re-Leased provides an interactive calendar that helps commercial property managers and landlords track important events and tasks. You can add key dates including term renewals, reminders, and inspections, and you can click into each item to view a summary and take action on certain tasks. Also, you can toggle different views of the calendar to only include the events and tasks you are interested in.

re-leased calendar

You can assign tasks and events to different team members that will automatically populate on their calendar. Additionally, Re-Leased offers a global calendar where you can see the tasks and events of all other team members.

re-leased global calendar
Data from the Re-Leased calendar automatically syncs Google Calendar, Office 365, and Outlook. Additionally, if your contractors or inspectors use a calendar that Re-Leased integrates with, you can assign tasks that will automatically populate in their calendar.

Analytics

The My Analytics tab offers insight into your business’ performance. This module is customizable, and you can add charts for different properties with set date ranges for data.

Re-Leased provides several types of charts including:

  • Year to date expenses
  • Occupancy rate
  • Budget vs actuals
  • Income forecast
  • Income vs expenses
  • Top earning (property/tenancy)
re-leased analytics

Mobile Applications

Re-Leased offers three mobile applications that allow tenants, property managers, and landlords to access key information and complete important tasks. Below is a breakdown of each mobile application.

Tenant App

The Re-Leased Tenant app improves the tenant experience and reduces enquiries by allowing them to remotely access key information and execute essential tasks. Tenants can use this app to:

  • Send and track maintenance requests
  • View payment history and lease terms
  • Contact property managers and landlords
  • Review correspondence
  • View important documents and images
re-leased tenant app

Property Manager App

The Re-Leased Property Manager app allows property managers and landlords to remotely access important information, execute a variety of administrative tasks, and communicate with tenants & stakeholders. Additionally, you can set up push notifications to alert you of important events like incoming maintenance requests.

re-leased-property manager app

Landlord App

The Re-Leased Landlord app provides landlords with key insights into their properties, so they can effectively monitor performance and identify growth opportunities. Below are some of the ways landlords can use this app.

  • Access live portfolio data and analytics
  • Track real-time cash flow and occupancy
  • Track income and expenses
  • Monitor arrears by portfolio, property or tenant
  • View upcoming, overdue and completed key events
re-leased landlord app

Communication Module

Re-Leased allows property managers and landlords to text and email directly in the platform. Re-Leased provides several nice-to-have features that accelerate communication including templates and automated notifications. Additionally, Re-Leased supports outgoings invoice generation and distribution. Unfortunately, Re-Leased only supports outgoing messages which can make correspondence a bit more difficult.

Templates

Templates in Re-Leased allow you to quickly generate personalized text messages and emails. You can create a variety of templates including ones that are specific to arrears and inspection notices. Additionally, you can merge fields that will autofill information in your messages.

re-leased templates

Automated Notifications

With Re-Leased, you can set up automated notifications to be sent to recipients at set time intervals. This feature is useful for payment reminders.

Maintenance Hub

The Maintenance Hub allows you to track maintenance, create work orders, and send & receive quotes. You can add maintenance details including images, budgeted costs, and associated keys. Also, you can create recurring maintenance work in this module.

re-leased maintenance hub

You can use the Maintenance Hub to send emails to your contractors requesting a quote. Once you receive the quote, you can accept and immediately create a work order.

re-leased quotes

Re-Leased allows you to create an expense invoice as part of this workflow. If the charge needs to be billed back to the tenant, you can create a hold on payment for the supplier invoice until you receive payment from your tenant.

Inspection Hub

Re-Leased’s Inspection Hub is a useful tool that helps manage and track property inspections. You can sort inspections by customer, property manager, delegate, start & end dates, and status.

Google Maps is built into this tool, and properties with upcoming inspections are pinned onto map. This map visualizes where inspections are located which helps property managers and landlords create efficient schedules. You can create new inspections directly from the Inspection Hub, and Re-Leased will automatically add the task to your calendar.

re-leased inspection hub

Lease Management

Re-Leased is equipped with a lease management module that allows you to organize and manage your leases. This module helps organize lease details, contacts, invoices, and documents. Also, you can quickly find the leases you are looking for by creating tags on individual leases, or through this module’s search and filtering tools.

In the Occupied Areas tab, you can view the areas of the property that are assigned to the tenancy. You can allocate rent based on the areas, and split the value of the tenants rent.

re-leased occupied areas

Re-Leased allows you to create new, renew, and vacate lease terms. You can also quickly adjust rent amounts and add rent reviews.

re-leased lease terms

Re-Leased includes templates to help you generate lease agreements. You can merge fields that will automatically populate information stored in the database.

Accounting

Re-Leased includes several accounting features that helps commercial property managers and landlords streamline budgets and recurring maintenance. Below are a few notable accounting features that are included in Re-Leased.

Income and Expenses Management

Re-Leased’s Income and Expenses module helps you manage your budget. Invoices can be generated and organized directly in the module. Also, you can create repeating income and expense invoices for maintenance and inspections. Invoices can be filtered by company or by property manager.

re-leased invoices

Rent and Outgoings Management

Re-Leased offers robust tools to help manage your rent and outgoings budget. You can create rent and outgoings templates that set the amount and frequency of billing that need to be included on the same invoice. You can also create future rent templates that will automatically charge tenants a new amount on the specified date.

re-leased rent template

You can break down rent and outgoing charges by line items. Line items can be designated for costs such as CAM charges and assigned to specific accounts. Re-Leased allows you to create an unlimited amount of line items.

re-leased line items

Xero Integration

Although this solution includes built-in accounting features, Re-Leased is a more effective, end-to-end solution when paired with dedicated accounting software. Re-Leased offers seamless integration with the accounting software platform, Xero. Below are a few features that an integration with Xero enables:

  • Automatic transaction matching & reconciliation
  • Repeating invoices and credit notes
  • Automated fees and payments to owners and creditors

Re-Leased automatically syncs tenant data and financial accounts daily. You can also sync data manually at any time.

Reporting

Re-Leased is equipped with reporting capabilities to help you monitor and visualize key data to help you identify growth opportunities. Reports can be exported in Excel or PDF format. Here is a table showcasing some of the reports you can create in Re-Leased.

Property
  • Events report
  • Maintenance report
  • Occupancy report
Tenants
  • Current rent vs potential rent
  • Past due report
  • Rent roll
  • Tenant list
Financial
  • Income forecast report
  • Profit and loss report
Budget By Lease
  • Outgoings budget summary by lease
  • Outgoing budget vs actuals
  • Outgoings budgets by lease
Budget By Area
  • Outgoings budget allocation report
  • Outgoings budget expense report
Performance
  • KPI summary

Integrations

Re-Leased offers seamless two-way integrations with several accounting, maintenance, inspections, and productivity solutions. Unfortunately, Re-Leased does not offer an open API which restricts third-party integrations. Here are the solutions that Re-Leased integrates with:

  • Fixflo
  • Google Calendar
  • Google Maps
  • Inspection Express
  • Office 365 Calendar
  • Outlook.com Calendar
  • QuickBooks Online
  • Xero

Re-Leased Alternatives & Competitors

Re-Leased competes with many other property management solutions that offer similar functionality. The best choice for you will depend on your budget, volume of properties, and feature preference.

Re-Leased’s top competitors are:

Is Re-Leased Right For You?

Re-Leased is a commercial property management platform used by over 6,000 customers in more than 40 countries. The platform is equipped with several features that commercial property managers and landlords desire including an interactive calendar, mobile applications, CAM budgeting, and analytics & reporting.

Re-Leased is one of the most powerful commercial property management solutions on the market. If you are a small to midsize business with a rent roll exceeding $1 million, we highly recommend Re-Leased. If you manage residential properties, we recommend choosing a solution with property marketing and applicant management features such as Avail or Buildium.

If you're interested, you can schedule a Re-Leased demo today.

Lloyd Park

Lloyd Park is a Junior Research Analyst at SoftwarePundit, where he conducts in-depth analyses of software markets and products. Lloyd also has experience managing the development of software platforms and is an expert in content production & media software.