Shlomi Lavi /
Oct 03, 2022
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Bottom Line: Which is Better - Yardi or MRI Residential?
MRI Residential is more expensive to implement (TCO) than Yardi, and MRI Residential is rated higher (80/100) than Yardi (67/100). 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:
Yardi Systems, Inc. Vs. MRI Software LLC
Yardi Systems, Inc.: Yardi software is used to manage eight million residential units and eight billion square feet of commercial space to help our clients:
Increase Revenues
Improve Efficiencies
Ensure Accountability
For nearly 30 years, Yardi Systems has been solely dedicated to the design, development, and support of real estate investment management and propert...
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? Yardi 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 Yardi and MRI Residential Management.
Yardi price starts at $100 per month , On a scale between 1 to 10 Yardi Store Advantage is rated 4, which is lower than 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 Yardi.
Which software includes more/better features?
We've compared Yardi Vs. MRI Residential based on some of the most important and required Property Management features.
Yardi: 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
Yardi's typical customers include: Medium and large size businesses, MRI Residential Management is perfect for residential or multifamily properties with over 500 units.