Shlomi Lavi /
Oct 03, 2022
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Bottom Line: Which is Better - Propertyware or MRI Residential?
MRI Residential is more expensive to implement (TCO) than Propertyware, and Propertyware is rated higher (96/100) than MRI Residential (80/100). Both tools offer the same amount of features.
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. MRI Software LLC
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...
MRI Software LLC: Bostonpost Property Manager® streamlines compliance, financials and general property management operations for any mix of affordable housing funding sources.
Whether you are managing properties with only project-based vouchers, properties rehabilitated with tax credit funding, newer properties with complex, layered funding, or anything in betwee...
Who is more expensive? Propertyware or MRI Residential 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 MRI Residential 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. MRI Residential Management price starts at $1.75 per property/month , When comparing MRI Residential Management to its competitors, the software is rated 8 - higher than the average Property Management software cost.
Bottom line: MRI Residential Management is more expensive than Propertyware.
Which software includes more/better features?
We've compared Propertyware Vs. MRI Residential 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.
MRI Residential Management: Automatic Data Backup, Automatic Property Mapping, Easy Data Migration, Email Owner Statements, Events Calendar.
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. MRI Residential Management is perfect for residential or multifamily properties with over 500 units.