Home > Property Management Software > Brokermint > Brokermint vs Yardi Voyager

Brokermint vs Yardi Voyager

Last Updated: November 18th, 2024

Our analysts compared Brokermint vs Yardi Voyager based on data from our 400+ point analysis of Property Management Software, user reviews and our own crowdsourced data from our free software selection platform.

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Product Basics

Brokermint is a real estate back office management software that automates and optimizes processes replacing paper-based workflows. It comes with transaction management that simplifies delegating tasks, requesting documents, keeping track of work and ensuring agents meet deadlines. Users can automatically calculate commission splits and create statements and reports with automated tracking and management. The team management tool auto-calculates commission. It seamlessly integrates and synchronizes data across multiple platforms.

Yardi Voyager is a web-based platform that helps real estate operators manage commercial and residential properties across housing industries. Users can execute leasing, manage operations, provide innovative services, automate workflows and run analytics. It offers centralized data access, accounting, compliance, resident screening and more. It also allows customization and integration from a single point of access.

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Product Insights

Simplify Transaction Management: Close deals faster and bring more clients on board by knowing where the agreement stands with efficient tracking and documentation of every step of the process.
Save Time: Automate tedious and time-consuming administrative tasks. Oversee more transactions in less time by automating reminders, email with templates, eSignatures, and more.
Streamline Back Office: Automate the crucial parts of commission management like checking sales reports, agency commission and generate commission reimbursement forms to simplify back-office operations.
Centralized Data: Manage transactions faster by storing all the documents at one place. Organize and make data accessible from any device. Keep an eye on the real-time status of the team's work without disturbing anyone.

Save Time and Money: Ensure accuracy with a unified and integrated database. Reduce administrative costs by automating recurring tasks like leasing, move-ins and outs, invoicing, work order management and more.
Empower Accounting: Streamline financial management with an accounting module designed to handle property accounts and maintain compliance with GAAP and IFRS standards.
Simplify Operations: Quickly locate account information using a menu search box and site search engine. Navigate easily by making a list of the most-used screens and dashboards and creating shortcuts.
Promote Mobility: Team members can access the platform using any mobile web-browsing device and stay on top of every business process from remote locations.
Tailor To Fit Needs: Build personalized software by adding unique features like marketing, payment processing, screening and more from the extended Yardi ecosystem. Supports integration with external solutions for applicant screening, ILS connections, renter’s insurance, revenue management and more.

Transaction Management: Make digital document management and eSignatures accessible and easy. Close contracts quickly and efficiently by digitally signing and securing forms. Ensure everyone is aware of the deadlines and deficiencies with automated and customized reminders. Centralize and organize crucial documents and communicate with multiple agents with a single click. Keep an eye on outstanding processes or documents with automated tracking. Identify, resolve and ensure compliance with digital signatures and automated follow-up. Stay audit-ready with automatic record-keeping and tracking.
Reporting and Analytics: Get a comprehensive and detailed overview of how the agents and team perform on a single dashboard. Create custom reports with drag-and-drop features of the intuitive report builder. Check who the top producers are with the Agent Report Section. Identify who is facing bottlenecks and provide insightful mentoring. Minimize the possibility of error and gain transparency on all reports with automatization. Make accurate data-driven decisions by getting a broader view of the data and identifying the latest trends. Get a fully functional, easily accessible, cloud-powered procurement system and manage orders quickly and efficiently. Send notification alerts of closed deals, export data to CSV or Excel with pre-built reports. Ensure compliance with franchise rules and report production and avoid delays and penalties by integration with DASH.
Commission Automation: Automatically switch between categories and modify commission split based on the production. Make sure that the agents get paid on time without any manual intervention. Establish team and cap contributions and keep an eye on how much each member contributed towards the group quota. Narrow down deposits and balance details at a transactional level and keep track of when the money came in and was released. Provide detailed commission statements with a breakdown of what the agents have earned. Boost the profit margins, and minimize administrative burden and automate the accounting process by integrating with leading third-party systems.
Agent Management: Enjoy independence, flexibility while ensuring compliance, boosting productivity, and saving time with quick onboarding. Make sure that everyone in the organization is on the same page by creating clearly defined goals with the intuitive platform. Keep an eye on the agent’s profile and task’s progress alongside maintaining confidentiality, privacy, and security.
Branding and While Label: Build brand and attract clients and agents to the website. Stay organized and informed throughout the process, even with multiple office locations. Ensure ease of use and security with a single sign-on account.
Store Documents: Minimize paperwork and quickly pull documents out for review. Ensure that the documents are audit-ready by securely storing all files and organizing them adjacent to the transactions.

Centralized Data: Consolidate property, accounting, leasing and analytics data in one platform to create a single source of information, eliminating hassle and saving time. Access unlimited document storage.
Leasing: Control all aspects of leasing workflows, starting from initial contact and guest cards to renewals and move-outs. Use real-time tracking to match prospects with vacant units quickly.
Accounting: Maintain general ledgers, record company financials, manage multiple sets of books and account trees, and track CAM reconciliations. Automate recurring journal entries, sustain segmented and inter-company accounting and more.
Reporting and Analytics: Drill down on specific items with customizable reports. Make informed business decisions using snapshots of company performance and real-time analytics.
Data Security: Safeguard personal and customer data using encryption and the latest intrusion prevention practices. Store data across 12 warehouses positioned across the globe and comply with PCI, SSAE 18 and Sarbanes-Oxley regulations. Conduct third-party audits yearly to maintain compliance.
Integrations: Incorporate other Yardi modules to make an end-to-end enterprise solution including unique investor and tenant services, BI, CRM, utility billing, construction management, energy management and more.
Research and Marketing: Research property data, including transactions, ownership and debt information covering all real estate asset types to uncover vital market insights. Receive expert advice on organic traffic, PPC campaigns, reputation management, social engagement and ILS listings. Available through integrations with RentCafe Suite and CommercialEdge.
CRM and Call Center: Capture every lead with instantaneous notifications and unlimited custom follow-ups. Eliminate missed leasing opportunities with call center assistance that prioritizes calls from the most qualified sources and maximizes ROI. Available via RentCafe CRM Flex and RentCafe Connect integrations.
Resident Screening: Inspect rental payment history, verify proof of employment, income and ID, and screen credit history and international background to select the ideal tenants. Ensure data security for residents and help build their credit score with on-time rent payment reporting. Available through the RentCafe Suite integration.
Payment Processing: Let residents pay via a browser-based module, walk-ins at retail locations or a mobile application. Simplify check processing by scanning and converting them into digital transactions. Available with the RentCafe Suite integration.

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Analyst Rating Summary

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User Sentiment Summary

90%

of users recommend this product

Brokermint has a 'excellent' User Satisfaction Rating of 90% when considering 791 user reviews from 1 recognized software review sites.

82%

of users recommend this product

Yardi Voyager has a 'great' User Satisfaction Rating of 82% when considering 386 user reviews from 5 recognized software review sites.

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4.4 (14)

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4.0 (163)

4.51 (791)

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4.2 (180)

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4.0 (24)

Awards

Synopsis of User Ratings and Reviews

Centralized Data: Consolidate all property and tenant information into a single, easily accessible platform, streamlining operations and enhancing collaboration.

Automated Workflows: Set up automated workflows for tasks such as rent collection, maintenance requests, and lease renewals, saving time and reducing errors.

Mobile Accessibility: Access Brokermint from anywhere, anytime on your smartphone or tablet, ensuring you stay connected and responsive to tenants and owners.

Customizable Reporting: Generate customized reports on key metrics such as occupancy rates, rent collection, and maintenance expenses, providing valuable insights for decision-making.

Tenant Screening: Integrate with leading tenant screening services to quickly and efficiently verify applicants, reducing risk and protecting your properties.

Multisite Management: The software can handle diverse portfolios, including commercial, residential, HOA, affordable and student housing, according to 100% of reviews on this aspect.

Accounting: 88% of users reviewing property bookkeeping said it’s easy and convenient to handle complex accounting.

Reporting: It can pull a variety of reports with a few clicks and helps streamline trackability with customizable dashboards, according to 79% of reviews on this element.

PayScan: According to 89% of reviews on transaction recording, the platform helps save time through automated invoice scanning and personalized accounts payable workflows.

Templates: It offers a rich template library for leases, emails and other documents, according to 78% of reviews on this aspect.

Integrations: 93% of users reviewing software connectivity said it’s easy to integrate the platform with other software and transfer data.

Difficult to Manage Multiple Properties: Brokermint's interface can become cluttered and challenging to navigate when managing a large portfolio of properties.

Limited Customization Options: The software lacks flexibility in customizing workflows, reports, and property listings to meet specific business needs.

Data Entry Issues: Users have reported occasional data entry errors and inconsistencies, requiring manual intervention to correct.

Integration Challenges: Brokermint's integrations with third-party applications can be unreliable, leading to data syncing issues.

Costly Upgrades: Additional features and functionality often require costly upgrades, adding to the overall cost of using the software.

User Interface: 77% of reviews on usability mentioned that the UI is unintuitive and involves a steep learning curve.

Performance: The platform is prone to lagging and frequently logs users out of their portals, according to 81% of reviews on software performance.

Support: The support team is unresponsive, according to 89% of users reviewing customer support.

Brokermint is a well-received property management software that users describe as reliable, user-friendly, and feature-rich. Its seamless integration with popular accounting and marketing tools has been particularly praised, as it streamlines workflows and saves time. Users also appreciate the software's customizable dashboards, which allow them to tailor the interface to their specific needs. Compared to competitors, Brokermint is said to offer a more intuitive user experience, making it easier for new users to get up to speed quickly. Its reporting capabilities are also considered a strength, providing users with detailed insights into their property performance. However, some users have expressed concerns about the software's occasional glitches and limited customization options. Additionally, the pricing structure has been criticized for being somewhat higher than some competitors. Despite these drawbacks, Brokermint remains a popular choice for property managers due to its comprehensive feature set, ease of use, and strong integrations. Brokermint is best suited for small to medium-sized property management companies looking for a reliable and user-friendly solution. Its intuitive interface, customizable dashboards, and seamless integrations make it an excellent option for streamlining operations and improving efficiency.

Yardi Voyager is an end-to-end solution that helps manage multisite property portfolios and provides a robust accounting and reporting module. The platform streamlines rent collection and accounts payable with PayScan and offers various templates for quick leasing and emails. Businesses can easily connect it with popular third-party platforms. But reviews noted that the UI is old and unintuitive, complicating simple tasks. On top of that, customer support is slow, and the platform is prone to crashes. Considering everything, Yardi Voyager is ideal for enterprises with in-house IT but can get overwhelming for single landlords and small property managers with minimal technical expertise.

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FAQ

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