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Hey hi?

Are you dealing with constant bugs on landlords and tenants? Let me tell you, it’s another level of “fun,” right?

But the toughest part is paperwork, organizing stuff, and endless calls that bug your mind. But for your headache, the market has 10+ medicines available, but for real estate problems, only Goodlord is the savior.

In 2024, the real estate software market was valued at $11.4 billion, and since then, it’s been increasing. Afterward, multiple entrepreneurs wanted to build a goodlord alternative by using its existing features but enhancing it with extraordinary functions that can scream in the market with proper management apps.

That’s why we’ve been digging deep into the world of real estate apps. I’m talking about building something that revolutionizes how we handle lettings. And guess what? We are going to share everything.

In this blog, we’ll explain every step of building a property management app, from the initial idea to the final launch.

So, let’s get started!

What is Goodlord?

Goodlord is a software platform with roots in the UK that seeks to simplify the flow of rental processes for letting agents, landlords, and tenants. It was launched in 2014 to improve efficiency and compliance in the rental markets.

It was co-founded by Philip Mundy, Richard White, and Tom Mundy. Goodlord digitizes a range of processes, from tenant referencing and contract generation to rent collection. Simply put, Goodlord delivers an integrated digital solution to facilitate the supervision of the entire tenancy lifecycle.

How Does Goodlord Work?

Alright, let’s walk through the Goodlord working process before we make an app like Goodlord:

Invitation: Your estate agent sends you an invitation via email or SMS to start your application on Goodlord.
Account Creation: You create an account by providing basic details with the property app.
Referencing: You complete an online form with your personal, employment, and financial information.
Document Upload: You upload required documents like passport, bank statements, and payslips.
Reference Checks: Goodlord automates checks by contacting your employer and previous landlords.
Contract Signing: Once approved, you review and digitally sign your tenancy agreement with rental apps.
Payment Setup: You set up rent payments through the property management app.
Insurance Options: You can explore and purchase tenant or landlord insurance.
Document Access: You can access all your tenancy documents in one place.
Ongoing Management: You can manage tenancy issues, like reporting repairs, through the property management app.

10 Popular Apps Like Goodlord

Before we take you on the journey to create an app like Goodlord, you must go through some of the amazing Goodlord alternatives. Here is a list of some incredible good lord alternatives you must know for better research.

App/Software	General Rating	Approximate Launch Era	Available Platforms	Key Features
AppFolio Property Manager	4.6/5	Early 2000s	Web-based, Mobile Apps	Comprehensive property management, accounting, online portals.
Entrata	4.5/5	2003	Web-based, Mobile Apps	Multifamily property management, leasing, resident services.
Innago	4.9/5	2017	Web-based	Online rent collection, tenant screening, lease management.
Yardi Breeze	4.0/5	2010s	Web-based, Mobile Apps	Cloud-based property management, accounting, online marketing.
ResMan	4.8/5	2000s	Web-based	Multifamily property management, accounting, resident portals.
LeaseHawk	4.3/5	2010s	Web-based	Leasing communication management, lead tracking, performance analytics.
Buildium	4.4/5	2004	Web-based	Property management, accounting, online rent collection, tenant communication.
Rent Manager	4.7/5	1980s (Evolved significantly)	Desktop, Web-based, Mobile Apps	Comprehensive property management, accounting, maintenance tracking.
Yardi Voyager	3.9/5	1980s (Evolved significantly)	Web-based, Mobile Apps	Enterprise-level property management, financial management, reporting.
TenantCloud	4.3/5	2014	Web-based, Mobile Apps	Online rent collection, tenant screening, lease management, communication tools.

Why Do Entrepreneurs Want to Invest In Developing an App Like Goodlord?

Are you wondering if it’s a good idea to invest in this app? If yes, stop right there, grab a cup of espresso, and read this particular section of our blog. It will help you clear all your doubts about investing in property management software development. Here are some incredible reasons. Let’s read.

1. Fragmented Tenant Management.

Standard property management practices require extensive employee communication and paperwork, resulting in painstakingly slow procedures and tenant dissatisfaction.

i. Solution:

A unified software product development simplifies maintenance requests, references, contract signing, and overall tenant onboarding, increasing efficiency and satisfaction.

iii. ROI Benefit:

Increased retention rates, lower operational costs, and quicker tenant turnover lead to higher property value, making the business more appealing to investors who seek greater efficiency and guaranteed returns.

2. Lack of Transparency and Trust.

A lack of transparency, effective communication, and timely updates can lead to a breakdown of trust between landlords and tenants, which can be detrimental to the rental process.

i. Solution:

The best real estate apps deliver up-to-date alerts while also providing digital documentation, which creates accountability and promotes effective communication.

ii. ROI Benefit:

Improved interpersonal relationships between landlords and tenants foster trust, which can lower the likelihood of legal disputes or increase vacancy periods. This furthers profitability while creating a low-risk environment that attracts investors.

3. Inefficient Property Maintenance.

Manual coordination of repairs, scheduling of contractors, and maintenance tasks is laborious and prone to errors possible with property management software.

i. Solutions:

Create a mobile app for real estate that helps users convert spacing schedules and tasks into hot workflows. This app will allow tenants to report issues instantly while tracking progress, documentation management, and contract property by landlords.

ii. ROI Benefits:

Fewer property maintenance procedures grant additional earnings from decreased idle time, value depreciation, and increased repair costs over time, which attract investors wanting to maximize cost-effective assets and minimize operational costs.

4. Difficulty in Tenant Referencing and Screening

Since landlords and agents do not have access to market information on the go, they struggle to set competitive rental prices and track market trends. That has changed.

i. Solution:

They can leverage Good Lord alternatives, which provide them with data on rental trends, property estimations, and competition for easy and informed decision-making.

ii. ROI Benefit:

Property market analytics allow for better pricing, which translates to optimizing rental income, increasing occupancy, and improving investment decisions. A rental management app also enhances the chances of getting investors who want to take advantage of a platform that optimizes data for better returns on investment.

4. Limited Access to Rental Market Data

Landlords and agents often lack real-time market insights, making it difficult to set competitive rental prices and identify emerging trends.

i. Solution:

An on-demand app development will provide access to market data, including rental price trends, property valuations, and competitor analysis, enabling data-driven decision-making.

ii. ROI Benefit:

Data-driven pricing and market analysis lead to optimized rental income, higher occupancy rates, and better investment decisions. This advantage attracts investors looking for goodlord alternatives that leverage data to maximize returns and gain a competitive edge in the real estate market.

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A Step-by-Step Guide To Develop An App Like Goodlord

Hooray! This is it. You have reached the destination. In this section we have curated a step by step guide to develop an app like goodlord. So get ready with a notepad because you’ll need it when you connect to us later.

1. Conceptualization and Planning:

The first stage to create an app like Goodlord is to determines the app’ core functionalities, including the target users and the unique selling points of the rental management app.

Here, you will hire a dedicated developers team to analyze the market and gather the information necessary to implement such features as property listings, tenant referencing, and contract management. It involves defining the scope, setting clear objectives, and outlining the technical requirements.

2. Design and Prototyping:

It is the second stage to develop an app like Goodlord, in which the real estate app development services providers outline the information architecture and create wireframes and prototypes that will result in a beautiful and elegant user interface. Work should be done to ensure that the layout is as intuitive as possible to improve the overall user experience of Goodlord competitors.

It is vital to know that these processes include UI and UX design, building of interactive prototypes, and usability testing for effective crawling and user engagement.

3. Development and Integration:

At this point, the idea to build Goodlord competitors come to life. The real estate app development services providers developing the digital tenancy solutions will create the front and back end and integrate essential features like a property database, payment systems, and internal messaging.

The Goodlord app development company will also provide background screening and credit scoring services through third-party integrations. Throughout the lease agreement app development process, extensive testing is needed to guarantee functionality, security, and performance.

4. Testing and Quality Assurance:

This is the fourth stage to develop an app like Goodlord, in which you must pinpoint and fix any bugs or errors; thorough testing. In this stage, your hired hybrid mobile app development company will work on the testing to ensure the quality of online rent collection software is smooth.

This includes unit testing, integration testing, and user acceptance testing. The Goodlord competitors will be extensively tested on multiple devices for varied operating systems to ensure consistent performance and unparalleled reliability.

5. Deployment and Maintenance:

Last but not least, create an app like Goodlord, in which, once all tests are cleared, the Goodlord competitors development will be ready for launch on relevant app stores. Continuous support and maintenance of the property rental technology will be crucial post-launch. The Goodlord app development company will assist in fixing bugs, improving performance, and adding new features.

They will also listen to users and monitor their feedback and analytics to remain relevant and proactive in making changes for the Goodlord competitors.

Advance Features of App Like Goodlord

Now that you know how to develop an app like Goodlord, many of you must be wondering about its USP (unique selling point). Every app like Zillow has a USP (unique selling point) that makes it successful.

1. Broker Panel

Property Listings Management –Brokers can list properties, retouch images, and update descriptions and pricing for better overall representation.
Lead Management – Track and manage the buyer leads, work scheduling with property showing and schedule follow-ups with prospective buyers for swift deal closures.
Document Handling – Upload and store key documents such as ownership proofs, rental contracts, and other relevant legal transaction documents while verifying them securely.
Automated Notifications—Receive real-time notifications of new buyer interests, upcoming inquiries, or scheduled conferences for more effective responses.
Commission Tracking—With a button, you can view, calculate, and manage brokerage commissions, which are paid for successful sales or rentals of assigned properties.
Integrated Chat System—App like Redfin Facilitate interactions with property owners, buyers, and the admin through an in-app chat system that seamlessly allows communication.
Performance Analytics – Use real estate automation tools to get visual analytics on property sales, lead conversion, and overall brokerage performance effectiveness.

2. Property Owner Panel

Property Listing Dashboard – Easily manage additional listings for properties like descriptions, images, available status, rental terms, and much more with rental management software.
Rental Agreement Generation – Draft rental agreements electronically to minimize paperwork and get the leases signed quickly with app like Realtor.com.
Tenant Background Checks –Screen potential tenants digitally through identity, credit, and reference checks to select secure and reliable tenants with rental management software.
Payment Management –Manage rental payments, overdue amounts, and invoices easily by tracking them in one central place with lease agreement software.
Maintenance Requests – Reply to maintenance complaints from tenants and assign service providers to help resolve the issues promptly.
Automated Reminders – Put reminders for lease renewals, rent payments, and maintenance schedules to ensure no deadlines are missed with lease agreement automation
Performance Reports –Analyze and utilize rental income, property reviews, and general feedback from tenants to make informed choices with app like Trulia.

3. Buyer Panel

Advanced Property Search – Advanced search by area, property price, type, and amenities to find the most suitable properties for users with property rental software.
Virtual Property Tours—To get the best impression, Evaluate 360-degree views or high-resolution photographs of the properties before scheduling a visit.
Schedule Visits—With real estate mobile solutions, scheduling property visits and receiving confirmations is instant and effortless. Select from the available slots for further convenience.
Secure Document Upload—With cloud-based tenancy software, you can digitally Submit identity proof, financial statements, and application forms for a hassle-free home-buying process.
Price Comparison Tool – Compare property prices, amenities, and financing options for informed purchasing decisions.
Instant Notifications – Receive seller updates and instant notifications on prospective property availability and price adjustments for quick action.
Loan & Mortgage Assistance –Use loan calculators, check eligibility, and contact lending institutions as needed to streamline mortgage acquisition with real estate CRM software.

4. Admin Panel

User Role Management – Set up roles and permissions for brokers, property owners, and buyers to better govern the cloud-based tenancy software.
Property Verification: Screen and approve property listings to ensure they meet the set legal thresholds and virtual property management software conditions.
Transaction Monitoring –Monitor and analyze payments such as rent collections, sales commissions, and property sales transactions for effective record keeping.
Dispute Resolution—Assist users in filing complaints, resolving disputes between users, and swiftly taking actions to enhance app like Magicbricks utility among all users.
Performance Analytics—Compile detailed industry reports on and assess real estate CRM software engagement and user activity for enhanced change decision-making.
Marketing & Promotions –Oversee promotions and adverts within the app and showcase properties to increase tenant management system and property interaction index.
Security & Compliance – Ensure security measures are in place, such as data protection, privacy, and fraud prevention with landlord app development.

How Much Does It Cost to Develop an App Like Goodlord?

The cost to develop an app like Goodlord depends on several factors that need to be considered. Cost is determined by factors such as the complexity of the app, application features, the location of the Goodlord app development company, the combining technologies that will be used, and other important considerations.

On average, the cost to develop an app like Goodlord can range from $8,000 to $27,000, depending on specific requirements. Below are the key factors affecting the cost of real estate website development, along with estimated cost ranges for each factor.

1. App Complexity & Features

The overall Goodlord app development cost is determined by the complexity of the app and its features. Basic property search apps with limited functionalities are comparatively cheaper. Advanced realty market apps, on the other hand, contain AI-driven automation, document verification, and payment integration, increasing the cost to further make an app like goodlord.

Complexity Level	Estimated Cost Range
Basic MVP	$8,000 – $14,000
Moderate Complexity	$14,000 – $25,000
High-End Features	$25,000

2. UI/UX Design

User engagement relies on an appealing and easy-to-navigate design for home listing apps. The goodlord app development cost varies depending on specific custom design features, animations, and the overall UI/UX of the tenant management system.

Design Type	Estimated Cost Range
Basic UI	$5,000 – $10,000
Standard UI/UX	$10,000 – $20,000
Advanced UI/UX	$20,000 – $27,000

3. Development Team & Location

Good Lord app development costs differ based on the region from which a mobile app development company is hired. For instance, hiring real estate app development companies in North America and Western Europe pays more than what developers in India and Eastern Europe are paid for developing real estate listing apps.

Development Region	Estimated Cost Range
North America	$100 – $200 per hour
Western Europe	$80 – $150 per hour
Eastern Europe	$40 – $80 per hour
Asia (India)	$10 – $15 per hour

4. Technology Stack

Using modern technologies, such as React Native, Flutter, Node.js, and AI, raises the cost to develop an app like goodlord. Home buying apps cost increases due to the payments needed for licensing, frameworks, and third-party APIs.

Technology Stack	Estimated Cost Range
Basic Tech Stack	$10,000 – $18,000
Advanced Stack (AI, ML, Blockchain)	$18,000 – $27,000

5. Backend Development & Database

A strong backend ensures seamless operation and confidence in intelligent management software. The cost to build an app like good Lord depends on the user’s needs for cloud services, data storage, and server setup.

Backend Type	Estimated Cost Range
Basic Backend	$10,000 – $25,000
Scalable Backend	$25,000 +

6. Third-Party Integrations

Payment gateways, document verification APIs, chat systems, and CRM all require additional integrations, which raises the cost of real estate app development.

Integration Type	Estimated Cost Range
Basic Integrations	$8,000 – $15,000
Advanced Integrations (AI, API, CRM)	$15,000+

7. Maintenance & Updates

Maintenance costs are needed to capture feature upgrades, provide post-launch support, and implement security updates. Depending on the scale of the app, the cost to build an app like Good Lord can also change drastically.

Maintenance Plan	Estimated Cost Range (Annual)
Basic Support	$5,000 – $15,000
Regular Updates & Security	$15,000 – $20,000

Based on these factors, the cost to build an app like Good Lord can vary from $10,000 to $27,000. The overall cost is dependent on the technological and software development company location choices.

How Do Goodlord Apps Make Money?

If you know the cost to build an app like goodlord, you must think thinkin how you can get the ROI on this. Don’t worry, we get it. This is an entrepreneur thing. Goodlord derives revenue using various approaches, focusing on building an integrated lettings industry platform. Here are five examples of how home-buying apps make money:

1. Tenant Referencing Services

Goodlord Home Finder App offers extensive tenant referencing checks, which are important in the process of letting a property. Goodlord rents these reports out to agents as tenant screening services for a fee.

2. Insurance Products

Real estate software developers offer additional insurance products for sale, such as Rent Protection Legal Expenses Insurance for landlords, and contents and liability insurance for tenants. Goodlord receives commissions on the underwritten policies.

3. Additional Tenant Services

Goodlord passes on the client’s sign-up for tenant-served broadband and media deals, which are facilitated by its software platform. Goodlord earns a commission for every deal done on its AI-powered real estate apps.

4. Platform Usage Fees

Letting agents are also clients of Goodlord, as they can use the core platform offered as a service. Apps like Goodlord can have associated fees through the agreement in place, covering the usage of the different components of the service.

5. Partnerships and Integrations

AI-poweredAI-powered real estate apps collaborate with property companies on a strategic level. These collaborations usually involve payment of referral fees, provision of integrated services, and sharing of services and databases, which produce revenues for apps like Goodlord.

How Dev Technosys Can Help You Build GoodLord?

Hopefully, you liked this blog and now know how to create an app like Goodlord. But do you know the demand for buildings increases only because of the rise in real estate agents? Yes, you heard it right. In 2024, the global real estate brokerage market was valued at $792 billion and is projected to grow to $1,365.7 billion by 2033.

Do you understand what we meant above when we mention it is a great deal? The demand and supply are both increasing. If that is the case, you must dive into this market with your Goodlord clone app. So are you ready? If yes, we are here. We are a leading real estate app development company with 14+ years of experience building end-to-end rental management apps. Without a blink let the magic happen on its own and watch it happen with a recliner front seat

Frequently Asked Questions

Q1. What Are The Top Goodlord Alternatives And Competitors?

Here are 10 good lord alternatives and competitors:

AppFolio Property Manager
Yardi Breeze
Rent Manager
Buildium
TenantCloud
HomeLet
Lettingref
Canopy
OpenRent
Innago

Q2. What Is The Valuation Of Goodlord?

Based on the most recent funding rounds and filings, Goodlord smart lease management is currently valued at about $30.1 million. The total amount of funding raised across multiple rounds is approximately $69.7 million.

Q3. What Is The Technology Stack Utilized To Build A Goodlord?

Good lord’s technology stack includes:
Angular (JavaScript framework)
Hammer.js (JavaScript library)
Google Maps
Java
Nginx (web server)
Google Ads
Google Workspace
Adobe Creative Suite

Q4. How Long Does Referencing Take With Goodlord?

The specific period for referencing with Goodlord is not readily provided to the public. Usually, referencing is done within 48 hours to a week, depending on multiple factors. If you need more accurate dates, contacting end-to-end rental management directly or the letting agent associated with them would be best.

Q5. Which Estate Agents Use An Online Rent Collection System Goodlord?

Goodlord’s online rent collection system is one of the most used and trusted by thousands of letting agents in the UK. Agency names are not publicly disclosed. For more accurate information, you can directly contact Goodlord or check their website.