Compare Propertyware and Budgetrac Property - Jun 2022

Shlomi Lavi

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Bottom Line: Which is Better - Propertyware or Budgetrac Property?

Propertyware is more expensive to implement (TCO) than Budgetrac Property, and Propertyware is rated higher (96/100) than Budgetrac Property (83/100). Propertyware offers users more features (21) than Budgetrac Property (4).

Looking for the right Property Management solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

RealPage, Inc. Vs. Budgetrac Systems, Inc.

RealPage, Inc.: Propertyware was started in 2001 by Sina Shekou and Adam Silverthorne, both entrepreneurs and pioneers of software-as-a-service (SaaS) solutions for companies such as Salesforce.com and Market Tools. We began as a small consulting firm that helped landlords and management companies organize data and improve customer service through the use of web-b...

Budgetrac Systems, Inc.: Budgetrac Systems, Inc., develops software for the real estate industry. The software expressly targets real estate developers, home builders and property managers. Located near the Research Triangle Park in Raleigh-Durham, NC, Budgetrac’s software and service solutions are backed by over 25 years of software development experience, industry knowle...

Who is more expensive? Propertyware or Budgetrac Property management?

The real total cost of ownership (TCO) of Property Management software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for Propertyware and Budgetrac Property management.

Propertyware price starts at $1 per unit/month , On a scale between 1 to 10 Propertyware is rated 6, which is similar to the average cost of Property Management software. Budgetrac Property management price starts at $1,600 per user/year , When comparing Budgetrac Property management to its competitors, the software is rated 4 - lower than the average Property Management software cost.

Bottom line: Propertyware is more expensive than Budgetrac Property management.

Which software includes more/better features?

We've compared Propertyware Vs. Budgetrac Property based on some of the most important and required Property Management features.

Propertyware: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Automatic Data Backup, Automatic Property Mapping, Easy Data Migration, Email Owner Statements, Events Calendar, Excel Export, File Storage, Maintenance Overview.

Budgetrac Property management: Automatic Property Mapping, Maintenance Overview, Space Planning, Streamlined Work Orders.

Target customer size

Propertyware is best for small residential properties, single family or residential properties with low density where it can help property managers to handle day to day problems more efficiently. Budgetrac Property Management Software is perfect for all types of property owners and real estate developers.