MagicDoor vs TrustLayer
MagicDoor
magicdoor.comTrustLayer
trustlayer.ioSide by side
| Figure | MagicDoor | TrustLayer |
|---|---|---|
| Price from | $1.50/mo | Free |
| Free plan | — | Yes |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | — |
| Android | Yes | — |
| API | Yes | Yes |
| Plans published | 5 | 3 |
| Spec score · Property Management Vendor Management Software | 8.4 (#8) | 7.3 (#31) |
| Security | MagicDoor says it maintains commercially reasonable security measures but does not guarantee absolute security. | TrustLayer states that it successfully completed a SOC 2 Type II audit administered through an independent third-party audit process. |
Plans
MagicDoor
- Advanced - AI Assistant (1-year contract)$1.50 a month
- Advanced - AI Assistant$1.50 a month
- Professional - AI Automation (1-year contract)$2.50 a month
- Professional - AI Automation$2.50 a month
- Enterprise - AI StrategyPriced on request
In their own words
MagicDoor
MagicDoor is AI-enabled property management software for leasing, maintenance, accounting, and tenant communication. Its Genie AI assistant answers plain-English questions using portfolio records such as leases, transactions, maintenance requests, and uploaded documents. Maintenance AI reads descriptions and photos, categorizes requests, scores urgency, and can surface a vendor for review. Leasing tools include online applications, tenant screening, AI-generated listings, listing syndication, lease renewals, and e-signing. Rent collection supports reminders, flexible schedules, ACH, credit and debit cards, and checks. Accounting includes trust accounting, owner statements and distributions, financial reports, bank connections, and audit trails. Mobile experiences are described for managers, tenants, owners, and vendors. Its MCP server provides read-only connections to Claude, Cursor, or another compatible assistant, included with a subscription. Listed paid plans begin at $1.50 per month per unit, with pricing starting at 25 units; additional usage or service fees may apply, including ACH, transaction, messaging, and rental application fees. MagicDoor is available on Android, iOS, and the web, and also offers an API.
TrustLayer
TrustLayer is a web and API platform for automating vendor compliance documents and insurance verification. It requests, collects and follows up on certificates of insurance, W9s, licenses, driver licenses, contracts and custom documents, while sending reminders about expirations. Compliance Assistant and Compliance Analytics provide visibility into risk. Pulse supplies policy-level proof of insurance, and TrustLayer Plus offers outsourced risk management. Vendors can work without signing in; brokers and project managers receive dedicated access paths. Procore and QuickBooks integrations synchronize compliance information for construction and accounting workflows. The Platform API connects applications to compliance profiles, parties, projects and documents through JSON. API v2 is recommended, while v1 is deprecated and scheduled for sunset on March 31, 2027. The free Starter plan covers up to 50 vendors; additional vendors cost $10 per vendor per month. TrustLayer states it completed a SOC 2 Type II audit.