Palace
Property management software
Real estate software
- Features
- Ease of use
- Ease of management
- Quality of support
- Affordability
- Market presence
Take the quiz to check if Palace and its alternatives fit your requirements.
$200 per month
Free Trial unavailableFree version unavailable
Small
Medium
Large
-
What is Palace
Palace is a property management software platform used by residential property managers and real estate agencies to manage leasing, rent collection, maintenance, and tenant communications. It supports day-to-day portfolio operations such as inspections, work orders, and accounting workflows. The product is commonly positioned for small to mid-sized property management teams that want an integrated operational system rather than separate tools.
End-to-end PM workflows
Palace consolidates core property management functions such as leasing, rent processing, maintenance requests, and tenant communications in one system. This reduces reliance on separate point solutions for common operational tasks. For teams managing recurring processes across many units, an integrated workflow can simplify handoffs and reporting.
Operational focus for managers
The product centers on day-to-day execution for property managers, including inspections and maintenance coordination. This aligns with teams that need consistent processes across properties rather than only high-level portfolio reporting. It fits organizations that prioritize operational throughput and tenant service tracking.
Portfolio administration features
Palace supports portfolio administration needs typical in residential management, including tenant records, property/unit data, and transaction history. Keeping these records in a single system can improve auditability and reduce duplicate data entry. This is useful where multiple staff members interact with the same tenant and property information.
Limited public technical detail
Publicly available information on APIs, data export options, and integration patterns is limited compared with more extensively documented platforms in this space. This can make it harder to validate fit for organizations with established finance, CRM, or facilities systems. Buyers may need vendor-led discovery to confirm integration and reporting requirements.
May not fit complex enterprises
For large, multi-entity real estate operators with complex ownership structures, advanced compliance needs, or highly customized accounting, Palace may require additional validation. Some enterprise-grade platforms in the category provide deeper configurability and broader modules for complex portfolios. Organizations with heavy customization requirements should confirm configuration limits early.
Unclear support for flex use cases
If the business model includes coworking, flexible office memberships, or workplace experience apps, Palace may not cover those specialized workflows out of the box. Products oriented to flex operations often include member billing models, access integrations, and community/experience tooling. Buyers should confirm whether Palace supports these scenarios or requires add-ons.
Plan & Pricing
Pricing model: Pay-as-you-go Price: $1.92 per property per month Minimum monthly subscription: $200 per month (minimum applies) Example costs (as shown on vendor site): $200 per month; $288.5 per month; $480.5 per month; $960 per month; $1,440.5 per month; $1,920 per month; $2,880 per month; $3,840 per month What’s included (per vendor page): Trust accounting, iOS & Android inspection app, knowledgeable support Additional/implementation costs & notes: Training and implementation from $1,500; data conversion may incur additional costs; prices exclude GST; contact vendor for portfolios over 2,000 properties; vendor offers Request Demo/paid onboarding options.
