Buildium Review - why 4.5 stars?
Compare Pricing
ITQlick Score: | 100/100 |
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ITQlick Rating: | (4.5/5) |
Pricing: | 2.8/10 - low cost |
Category: | Property Management -> Buildium |
Ranking: | Ranked 1 out of 124 Property Management systems |
Company: | Buildium |
Pricing: | starts at $50 per month |
Typical customers: | Small, medium and large size businesses |
Platforms: | Desktop, Cloud |
Links: | Buildium pricing, Buildium alternatives |
Shlomi Lavi / updated: Feb 17, 2021
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What is Buildium?
This tool makes sure you get to avoid paperwork, increase productivity and efficiency and focus more on growing your business. Its charges and payments tracking feature, on-demand reports and online rental applications can help you to save a lot of time and money.
Buildium is the dream of three people who started working in a garage and was built in 2004. Now more than 60 employees are working for this software from three different countries and have served more than 8000 customers so far.
What is Buildium rating? ()
Who are Buildium's typical customers?
Is Buildium the best Property Management?
What are their main features and functionalities?
It can handle the daily day-to-day residential property management stuff to help you focus on growing your business. The online rental applications, rental listing syndication, free marketing website and credit and background checking feature makes sure you find better tenants to fill vacancies. The general ledger accounting feature, payment tracking and charges, on-demand reports and e-payment feature makes sure you don't get to do any calculation.
All the day-to-day stuff like tracking tenants and lease and printing and mailing forms can be done using this software so you don't get to do any of them practically.
Tenants can request for maintenance online and maintenance staff can be assigned to handle the work right from the tool. Moreover, you can create owner portals for tenant and owners where they can get access to their necessary data directly.
What are Buildium's pros? (5 Pros)
- Buildium's clean and modern interface only shows the important tasks you should focus on
- Buildium offers a mobile application which can help you to check and edit tenant and property information on the go
- There is a feature for breaking down accounting reports in Buildium which can help you to ensure error free accounting reports
- The tool offers an enhanced photo upload tool for uploading property photos which is not seen in other property management tools
- The software offers a video tutorial for first timers to make sure you find all the features promised by the company
What are Buildium's cons? (2 cons)
- Buildium tried to offer a user-friendly interface by keeping it simple and clean. However, it's not highly customizable which can be a little bit annoying sometimes
- Buildium supports creating reports in different ways. However, there is not much customization option and no integrated report viewer
Who are their main alternatives?
Propertyware provides a cloud based solution for residential property management which can be accessed via mobile devices. Its main features include marketing management to build a tenant prospect base, financial accounting, service management as well as property administration. Units can be leased with options to sublet for vacation periods as well. There is also an integrated contact center to manage both leasing & support enquiries.
Buildium on the other hand is also web based, and focuses on residential property management as well as for homeowners associations. While it provides most of the base features of Propertyware it does not include a contact center. However it does include a dedicated marketing module that includes listing on rental boards, as well as development of a property manager’s own website for this purpose. Leasing signup can be handled online with integrated background checks to ensure compliance with rental policies.
Then there is RenTec which focuses on the much the same areas as Buildium and is available as a cloud based solution. There are portals for both residents and owners, with integrated accounting to manage financials & payments. Other options include an online documentation management system, vacancy advertising, and reporting & dashboards for operational monitoring.
While Buildium does address most of these features it also provides the option to export financial transactions to Quickbooks if required by customers Additionally the product is cloud based and supports mobile apps for residents, owners as well as property personnel to utilize the application via their mobile devices.
What is the cost of Buildium?
What is the REAL total cost of implementation? on top of the total cost of licenses which is easy to calculate you need to add the cost of training, customization, data migration, and other "hidden cost". ITQlick pricing score is 2.8 out of 10 (10 is most expensive). Find here the REAL total cost breakdown for Buildium
What should you ask Buildium during a demo session? (65 questions)
Buildium's list of categories:
Buildium's list of features:
Buildium Vs. Alternatives
Author

Shlomi Lavi
Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.