MDS Explorer

MDS Explorer

Last Updated

Overview

MDS Explorer helps large firms standardize operational control across diverse portfolios, managing complex leasing and billing efficiently. While strategic market forecasting often requires supplemental tools, its compliance focus ensures accuracy and accountability. Overall, it provides reliable end-to-end portfolio tracking for specialized property managers.

MDS Explorer Specifications

  • Tenant Management
  • Maintenance Requests
  • Property Accounting
  • Document Management

MDS Explorer Features

Resident Management

MDS Explorer provides integrated property management tools allowing users to efficiently manage detailed and comprehensive resident information. Users can consolidate all contact data, personal documentation, and financial billing records across their entire portfolio within a single source. This foundational capability ensures accuracy for regulatory reporting and efficient communication.

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Lease Renewal Management

This feature manages the complex lease renewal process from its initiation to its conclusion. The platform offers a complete suite of functionalities designed to efficiently process highly varied portfolios, including those governed by strict regulatory rules such as rent stabilized, fair market, and commercial leases.

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Rent/Maintenance Invoices

Users can select from a predefined suite of professional invoice and statement formats, or they retain the option to design and create their own custom formats. The software intelligently handles distribution, allowing documents to be efficiently emailed, printed in-house, or seamlessly routed to an external printer of choice.

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Work Order Tracking

The platform helps management minimize financial costs associated with ongoing maintenance requirements and potential regulatory violations. This feature allows users to closely track reported issues and monitor the current status of every job across their entire portfolio, ensuring timely resolution and reducing operational risk exposure.

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Electronic Reminders

This function tracks all important organizational deadlines and general to-do items for all staff members. It enforces organizational accountability by generating necessary management reports used to track and measure all outstanding items, providing clear performance metrics for each team member.

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Pros And Cons of MDS Explorer

Pros

  • Supports multi-family and commercial properties

  • Streamlines preferential rent management

  • Comprehensive reporting tools for executives

Cons

  • Not optimized for non-NY markets

  • Initial setup may need expert help

MDS Explorer Reviews

Total 1 reviews

4

All reviews are from verified customers

Rating Distribution

5

Stars

0%

4

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100%

3

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0%

2

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0%

1

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Share your experience

A
Anne

Not Specified, N/A employees

4.0

“handles rent-controlled units well”

Pros

In my case managing my rent-controlled portfolio with this has been really helpful. I've also used it for third-party management of cooperative units and it makes handling maintenance increases and assessments very easy.

Cons

It's not the priciest option on the market but it definitely isn't cheap either. That said, it does feel like you get what you pay for.

Rating Distribution

Ease of use

9

Value for money

8

Customer Support

9

Functionality

8

Frequently Asked Questions

What types of pricing plans does MDS Explorer offer?

MDS Explorer price starts at $400/user/month. Get a detailed MDS Explorer cost breakdown tailored to your specific requirements.

What level of support does MDS Explorer offer?

MDS Explorer offers support through phone, email, and contact forms.

What other apps does MDS Explorer integrate with?

MDS Explorer integrates with various third-party applications, such as BuildingLink, Paychex, and ClickPay.

Who are the typical users of MDS Explorer?

MDS Explorer features are used by organizations across industries and property types, such as commercial, cooperatives and condominiums, and multi-family residential.

Does MDS Explorer offer an API?

No, MDS Explorer does not offer an API.

Does MDS Explorer have a mobile app?

No, MDS Explorer does not offer a dedicated mobile app.

What language does MDS Explorer support?

MDS Explorer primarily supports the English language.