Yardi Voyager Review - why 3.1 stars?

Shlomi Lavi / updated: Jun 01, 2022

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What is Yardi Voyager?

Yardi Voyager is a simple, easy-to-use, web-based property management software that can help landlords and residential property managers to handle residential property management needs of all types.

The property management tool offers creating general ledger accounting, making resident portals and marketing websites, receiving payments online and much more. This property management software is specially designed for handling day-to-day residential property management needs.

Yardi Voyager, earlier known as DIY Real Estate Solutions, is a product of Yardi Systems.

The company was established back in 1984 and more than 3,000 professionals are currently working with Yardi in offices throughout Asia, Australia, Europe, Middle East and North America.

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Who is it best for?

Yardi Voyager is best for single-family or multi-unit residential property managers who are looking for an affordable yet better web-based property management solution. Users can handle inquiries, applications, payments and requests from tenants from a single place. Edmond Premier Group and Tropic Homes use Yardi Voyager to handle their property management needs.

Main features and functionalities

Every residential property needs to handle rental payments, creating financial reports, maintenance and lead management. Managing all these things efficiently can be difficult for people with less resource. That is where Yardi Voyager comes in. This software can break down difficult management processes into manageable tasks which can make things more simple and easy. Property managers can answer inquiries, receive applications or payments and look after requests from one place.

You can create accounts for tenants, manage their access level, create and print forms for them using the tenant maintenance feature. The software supports posting vacancy ads to more than 20 marketplaces so you do not have to visit those sites indirectly. You can receive rent payments online, apply rent and concession credits there and manage all the accounting transactions. Creating general ledger is also easy as all the transactions are done online. There is no mobile app available for this software but the mobile site makes sure you get access to all the critical information inside the software.

What is the actual cost?

The cost of license starts at $50 per user/month. ITQlick pricing score is 4.2 out of 10 (10 is most expensive). Access ITQlick pricing guide for Yardi Voyager. You can also find here pricing information from Yardi Voyager's website.

Pros

• Yardi Voyager breaking down process works much better than the other software and can help you to minimize your work in an efficient way
• Yardi Voyager interface is very easy to learn as it only includes six different options
• Yardi Voyager is a powerful property management solution with several features typical for software in its category
• The platform integrates well with a payment processing system for seamless payments
• Yardi Voyager offers seamless submission and tracking of work orders

Cons

• Yardi Voyager only supports posting vacancy ads in selected marketplace unlike other popular property management software
• The reporting features on the platform do not merge information, making users generate reports one at a time, which can be time-consuming
• Yardi Voyager does not have a user-friendly interface and sometimes experiences lag and crashes
• The tool doesn’t have any iOS/Android app which means you don’t get to access from your smartphones easily because of browser problems
• The online rent payment system is only available via optional services and is not included in the basic plan

How it stacks up?

Access a head to head analysis of Yardi Voyager vs alternative software solutions.

Frequently Asked Questions (FAQs)

Is Yardi Voyager right for you or your business?

Yardi Voyager is a web-based property management software solution for real estate managers and community associations. The platform is highly scalable, built to grow with businesses of all sizes, and targets several real estate markets such as senior housing, military housing, PHA, etc. Some notable clients that use Yardi Voyager include Pillar Properties, Silver Sky, and Cohen Asset Management.