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Discover the All-New Property Management (PM) System in OwnerRez
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Hey [first name]!
If you’ve ever considered using OwnerRez for property management or expense tracking, now is the perfect time to take a fresh look.
Over the past year, we’ve rebuilt our Property Management (PM) system from the ground up, and we’re excited to show you what’s new.
If you’re not sure it applies to your type of business, join the webinar on January 5th!
Below, take a peek at what’s new as well as the webinar details! 🚀
What’s New in PMv2
PMv2 was built on a new statement and remittance foundation that fixes long-standing limitations of the old PM system and unlocks more powerful tools, including:
Accurate expense tracking for Commission, Taxes, and Damage Protection
Simply put, “everything is an expense” now. OwnerRez now tracks commissions, taxes, damage protection, and other expenses as real expense records against the owner, giving you clean Profit & Loss reporting and consistent historical data.
Income statement (or “P&L”) for year-end owner reporting
Speaking of reporting, at long last, PMv2 introduces year-end reporting, which many users have requested. This new year-end reporting shows a summary of owner income and expenses, pivoted and grouped however you want (eg, by month, year, owner, or property). See pics below.
Monthly Income Statement:
Property Income Statement:
Owner Income Statement:
Fully customizable Statement Views
The new Custom Formula Builder lets you create your own payout logic with Excel-style formulas. No more rigid or confusing “Net for Commission” columns; you control how your statements work.
Better fee & expense controls
Transaction fees and channel fees can now be configured independently from each other, helping you customize those expenses exactly the way you need to.
Cleaner Proration & Historical Corrections
PMv2 includes corrected rounding rules, more accurate partial-payment handling, and automatic adjustments for older bookings to ensure your payouts stay consistent.
Clear, intuitive remittance totals
PMv2 significantly clarifies the remittance totals between the booking and statement. In the legacy system, the booking > PM tab displayed a clutter of numbers that required a math professor to decipher! PMv2 overhauls this with an easy-to-follow remittance table, showing how the income and expenses are split between the owner and PM. And owner statements follow suit - the top booking remittance area of statements aligns exactly with what each booking shows individually.
A future-proof PM foundation with quicker updates
PMv2 sets the stage for upcoming enhancements that weren’t possible under the legacy system. With this foundation in place, we have many highly requested PM updates already being worked on that are now possible to release.
Make 2026 the Year You Expand!
If property management is part of your business, or something you’re planning to expand into, PMv2 gives you the tools to manage owners confidently and professionally.
We’re hosting a webinar that walks through PMv2, our completely redesigned PM module that delivers more accuracy, automation, and control than ever before.
PMv2: What’s New, What’s Improved & What’s Coming Next
Date: January 5, 2026
Time: 10:00 AM PST/1:00 PM EST
Register Here
If you have any questions before the webinar, feel free to reach out; we’re happy to help. To review Support Center content for PMv2, click here.
Thanks for being part of the OwnerRez community!
-The OwnerRez Team