DoorLoop has established itself as a popular property management software solution, but navigating its pricing structure can be a bit confusing. This blog post aims to shed light on DoorLoop’s pricing plans and help you choose the one that best suits your property management needs.
Understanding DoorLoop’s Pricing Model:
DoorLoop offers a tiered pricing model based on the number of units you manage. This means the more units you have, the higher your monthly fee. Here’s a breakdown of their three main plans:
- Starter Plan ($59 per month): This plan is ideal for new property managers or those managing a small portfolio (up to 20 units). It includes core features like online applications, lease management, rent collection, and basic reporting. There’s an additional $1 per unit fee for any units exceeding the initial 20.
- Pro Plan ($119 per month): This mid-tier plan caters to growing property managers or those with a portfolio between 21 and 100 units. It includes everything in the Starter Plan, plus bank reconciliation, owner statements, and vacancy marketing tools.
- Premium Plan ($169 per month): This top-tier plan is geared towards established property managers or those managing over 100 units. It offers all the features of the Pro Plan, along with free ACH payments for tenants, credit card processing with lower fees, and the ability to mark up the cost of these services.
Choosing the Right DoorLoop Plan:
The best DoorLoop plan for you depends on the size and complexity of your property portfolio. Here are some factors to consider:
- Number of Units: This is the most crucial factor influencing your pricing tier.
- Features Needed: Evaluate the features included in each plan and select the one that aligns with your specific needs. Consider features like bank reconciliation, vacancy marketing, and credit card processing.
- Budget: DoorLoop offers a variety of plans at different price points. Be realistic about your budget and choose the plan that provides the most value for your investment.
Additional Considerations:
- Free Trial: DoorLoop offers a free trial, allowing you to test-drive the software and see if it’s a good fit before committing to a paid plan.
- Yearly Discounts: DoorLoop incentivizes annual subscriptions by offering significant discounts compared to the month-to-month pricing.
- Scalability: As your property portfolio grows, you can easily upgrade to a higher tier plan within DoorLoop to accommodate your expanding needs.
Conclusion:
DoorLoop’s tiered pricing structure offers flexibility for property managers of all sizes. By carefully considering your specific needs and budget, you can choose the DoorLoop plan that optimizes your software investment and streamlines your property management operations.
