Why Odoo for Real Estate?
Real estate companies manage properties, leads, tenants, contracts, and financials. Odoo's CRM handles lead pipeline, Accounting manages tenant billing and owner payouts, Maintenance tracks property repairs, and Website publishes listings. One platform instead of separate property management software + accounting + CRM.
Key Modules
| Need | Odoo Module | Real Estate Use |
|---|---|---|
| Leads | CRM | Buyer/tenant lead pipeline |
| Properties | Custom + Products | Property catalog with specs |
| Contracts | Subscription/Custom | Lease agreements, rental contracts |
| Billing | Invoicing | Rent invoicing, late fees |
| Maintenance | Maintenance | Tenant repair requests |
| Listings | Website | Property listing pages |
| Documents | Documents | Contracts, inspections, photos |
| Commissions | Sales + Custom | Agent commission tracking |
Property Management Workflow
# Lead → Tenant Lifecycle:
# 1. Lead created (website form, phone, referral)
# 2. Property viewing scheduled (Calendar)
# 3. Application submitted (Documents)
# 4. Background check completed
# 5. Lease agreement signed (eSign)
# 6. Security deposit collected (Invoice)
# 7. Move-in checklist completed
# 8. Monthly rent invoicing begins (recurring)
# 9. Maintenance requests during tenancy
# 10. Lease renewal or move-outRental Billing
- Recurring monthly rent invoices (automated)
- Late fee calculation and application
- Security deposit tracking (liability account)
- Utility billing (if included in rent)
- Annual rent increase processing
- Owner payout after management fee deduction
Maintenance
- Tenant submits request via portal
- Request categorized (plumbing, electrical, HVAC, etc.)
- Assigned to maintenance team or contractor
- Priority levels (emergency, urgent, routine)
- Cost tracking per property
- Preventive maintenance scheduling
Agent Commission
# Commission structure:
# Sale: 3% of sale price (split: 1.5% listing agent, 1.5% buyer agent)
# Rental: 1 month rent (split: 50% agent, 50% company)
# Tracked in Odoo:
# Sale order for property → commission computed
# Agent sees their pipeline and commissions in CRM
# Payout processed via accountingProperty Listings Website
- Property pages with photos, specs, floor plans
- Search filters: price, bedrooms, location, type
- Map integration for location
- Inquiry form → CRM lead
- Virtual tour links
- Featured/premium listings
Reporting
- Occupancy rates by property and portfolio
- Revenue per property (rent + fees - expenses)
- Maintenance cost analysis
- Agent performance and commission reports
- Tenant retention rates
- Vacancy duration analysis
DeployMonkey for Real Estate
Deploy Odoo for your real estate business on DeployMonkey. The AI agent configures property management, tenant billing, maintenance workflows, and agent commission tracking. Manage your entire portfolio from one platform.