Brokermint vs ARGUS Enterprise

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Our analysts compared Brokermint vs ARGUS Enterprise 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.

ARGUS Enterprise Software Tool

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.

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ARGUS Enterprise is a software solution designed to assist property managers in efficiently managing their properties. It caters to a wide range of tasks, including rent collection, maintenance scheduling, and tenant communication. The software is particularly well-suited for property managers who require a comprehensive solution to streamline their property management operations.

ARGUS Enterprise offers several key benefits, such as time and cost savings, ease of use, and scalability. Its high degree of customizability allows property managers to tailor the software to their specific needs. Some of its popular features include portfolio management, cash flow analysis, budgeting, lease management, and property management functionalities.

Pricing for ARGUS Enterprise is typically based on a per-unit basis, with additional fees for optional features. Payment is usually made on a monthly or annual basis. Compared to similar products, ARGUS Enterprise is often praised for its comprehensive features and customizability, although some users may find its pricing to be on the higher end of the spectrum.

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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. 
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  • Enhanced Decision Making: ARGUS Enterprise equips real estate professionals with comprehensive analytics and forecasting tools, enabling more informed investment and development decisions.
  • Risk Mitigation: By providing detailed scenario analysis and stress testing, the software helps identify potential risks before they become problematic, safeguarding investments.
  • Streamlined Workflow: Automates and centralizes data management tasks, reducing manual errors and saving time on property and portfolio management.
  • Improved Collaboration: Facilitates better teamwork by allowing multiple users to access and work on the same project simultaneously, ensuring consistency and efficiency.
  • Comprehensive Reporting: Generates detailed reports on property performance, financial projections, and market analysis, making it easier to present data to stakeholders and make strategic decisions.
  • Market Insights: Offers access to critical market data and trends, helping users stay ahead of the curve and make proactive adjustments to their strategies.
  • Regulatory Compliance: Helps ensure compliance with various financial and real estate regulations, reducing the risk of legal issues and penalties.
  • Scalability: Adapts to the needs of any size portfolio, from a single property to a global portfolio, ensuring the software grows with your business.
  • Increased Transparency: Provides a clear overview of property and portfolio metrics, enhancing transparency with investors and stakeholders.
  • Asset Optimization: Identifies opportunities for value enhancement and operational improvements across portfolios, maximizing returns on investment.
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  • 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. 
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  • Cash Flow Analysis: Enables intricate cash flow forecasts by modeling changes in expenses, revenues, and capital expenditures on a lease-by-lease basis.
  • Valuation Methods: Facilitates the application of multiple valuation methods, including Discounted Cash Flow (DCF), Trad Val, and other global techniques.
  • Portfolio Management: Provides portfolio level dashboards offering insights and a comprehensive view of risks and returns.
  • Reporting: Offers flexible reporting features with customizable parameters, timing, and detail levels, along with various report templates and multi-currency rates.
  • Budgeting and Forecasting: Supports the creation of accurate budgets, diverse Charts of Accounts (COAs), and the ability to handle different forecasts and import historical management data.
  • Asset Management: Allows users to manage financial transactions, reports, fees, leases, tenants, and rents across their entire portfolio.
  • Data Import: Streamlines workflows with features like importing property data from Coastal Vector List (CVL) files.
  • Customization: Provides tools for customizing role-based views, drilling down and directly editing inputs, and performing quick views on tenant categories.
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Product Ranking

#18

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#73

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Property Management Software

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User Sentiment Summary

Excellent User Sentiment 791 reviews
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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.

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4.51 (791)
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Awards

Brokermint stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award

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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.
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Streamlined Tenant Application Process: ARGUS automates the tenant application process, including credit and background checks, which saves time and reduces the risk of errors.
Efficient Rent Collection: The platform offers online rent payment options, making it convenient for tenants and ensuring timely rent collection for property managers.
Comprehensive Financial Reporting: ARGUS provides detailed financial reports, including income and expense statements, balance sheets, and cash flow statements, which help property managers track their financial performance and make informed decisions.
Improved Communication: The platform facilitates communication between property managers and tenants through a centralized portal, which helps to resolve issues quickly and efficiently.
Enhanced Maintenance Management: ARGUS streamlines the maintenance process by allowing tenants to submit maintenance requests online and tracking the progress of repairs.
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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.
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Limited Functionality: Some users find that ARGUS Enterprise lacks certain features commonly found in other property management software, such as online rent payments or tenant portals. The software's primary focus is on financial modeling and valuation, which may leave property managers wanting more in terms of day-to-day operational tools.
Steep Learning Curve: Due to its complex interface and advanced features, ARGUS Enterprise can be challenging to learn and master, especially for users without a background in finance or real estate investment analysis. This can lead to a longer onboarding process and potentially higher training costs for property management teams.
Cost: ARGUS Enterprise is a premium software solution with a correspondingly high price tag. Smaller property management companies or those with tighter budgets may find the cost prohibitive, especially when considering the additional expenses associated with training and implementation.
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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.

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ARGUS Enterprise seems to be a bit of a mixed bag according to user reviews from the past year. While it's praised for its comprehensive functionality, covering everything from property management and accounting to budgeting and valuations, users often find the interface clunky and outdated. This can make navigation and simple tasks more time-consuming than they should be. The learning curve is also quite steep, requiring significant training and support, especially for those new to property management software. On the plus side, ARGUS Enterprise shines with its powerful reporting and analytics capabilities, allowing users to generate detailed insights into property performance and make data-driven decisions. Its integration with other software systems is another strength, streamlining workflows and data sharing. However, some users mention that the integration process can be complex and may require additional IT support. Compared to competitors like Yardi Voyager and RealPage, ARGUS Enterprise is often seen as more feature-rich but less user-friendly. Ultimately, ARGUS Enterprise appears best suited for larger property management companies with dedicated IT resources and a need for advanced reporting and analytics. Smaller firms or those seeking a more intuitive user experience might find other options a better fit.

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