Shlomi Lavi / Jul 14, 2020
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Looking for the right Property Management solution for your business? buyers like you are primarily concerned about the real total implementation cost (TCO), full list of features, vendor reliability, user reviews, pros and cons. in this article we compare between the 2 software products:
Vendor comparison
AppFolio: AppFolio provides cost-effective, web-based property management software that allows residential property managers to more effectively market, manage and grow their business. Our online property management software includes complete accounting and property management functionality with the ability to email work-orders, owner statements and resident communications. Integrated marketing features allow you to post vacancy ads to Craigslist, your website and hundreds of sites on the Internet.
RealPage: RealPage is a leading provider of comprehensive property management software solutions in the multifamily, commercial, and single-family rental housing industries. RealPage helps apartment management companies and property owners increase efficiency, decrease expenses, enhance the resident experience and generate more revenue. Utilizing its innovative SaaS platform, RealPage software enables easy system integration and streamlines online property management. Our on-demand product line covers the full spectrum of accounting, leasing, renters insurance, marketing services, utility management, purchasing and more.
Pricing/cost comparison
The real cost of Property Management software includes the software license, subscription fees, software training cost, customization cost, required hardware, and the cost of maintenance & support and other related services. It's critical that you account for all of these costs to gain an understanding of the system's "total cost of ownership". We prepared a total cost calculator for AppFolio TCO and RealPage Commercial total cost to help with the total cost of ownership calculation.
AppFolio price Starting from $250 per month , on a scale between 1 to 10 AppFolio Property Manager is rated 2, which is much lower than the average cost of Property Management software. RealPage Commercial price Starting from $250 per month , when comparing RealPage Commercial to their competitors, the software is rated 4 - lower than the average Property Management software cost.
Bottom line:RealPage Commercial is more expensive than AppFolio.
Features and functionality
As with any business software solutions, it’s important to consider the features & functionality. The tool should support the processes, workflows, reports and needs that matter to your team. To help you evaluate this, we've compared AppFolio Vs. RealPage Commercial based on some of the most important and required Property Management features.
AppFolio: Automatic Data Backup, Automatic Property Mapping, Customizable Applications, Easy Data Migration, Email Owner Statements, Events Calendar, Excel Export, File Management, ..
RealPage Commercial list of features include the following: Billing & Invoicing, Tax compliance, Project Portfolio Management, Payment Management, Maintenance Overview, .
Target customer size
The web-based property management software is best for medium and small business owners. and RealPage Commercial's target customer size include: Small business, Medium business, Large business.