Buildium vs Re-Leased

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Our analysts compared Buildium vs Re-Leased 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.

Product Basics

Buildium is a cloud-based software that helps approve lease applications, manage payments, update financial records, create bulk emails and announcements and resolve maintenance issues on the go. Users can manage portfolios that include community associations, student housing, affordable housing and residential properties.

It offers accounting, vendor management, maintenance management, analytics and insights, leasing, community association management and more. The vendor also provides a dedicated onboarding team, 24x7 customer support and a 14-day free trial.
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Re-Leased is a cloud-based solution that centralizes accounting, leasing, maintenance and management workflows. It’s mobile-optimized and accessible via any device. Managers can consolidate accounting and leasing data in a unified place for analysis and reduce the administrative burden with unique automation capabilities.

It provides a business analytics module, a mobile app and external integrations for optimization. Businesses can onboard unlimited properties and team members and streamline processes with collaboration features.
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Product Assistance

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Product Insights

  • Work From One Place: Bring every marketing, accounting and management workflow together in a centralized platform. Monitor operations from the unified dashboard. Receive real-time alerts, notifications and updates on potential disruptions. 
  • Streamline Communications: Ensure easy year-end auditing by maintaining transparent communication via role-based portals and recording interactions and documents. 
  • Consolidate Marketing Efforts: Advertise portfolio on multiple channels, personal website and social media. Manage every listing, track prospect information and coordinate showings from the dashboard. 
  • Expedite Turnovers: Keep properties ready-to-rent with on-time rent clearances, maintenance activities and vacancy tasks. Assign associates for each task, track progress and issue work orders to external vendors. 
  • Identify Opportunities: Perform comparative analysis and design business-specific data visualizations to identify threats and drill down on opportunities. 
  • Easy Integrations: Integrate business-specific external software and create unique stacks by leveraging an open API. 
  • Secure Data Storage: All the data is TLS-encrypted with a 2048-bit certificate, signed with SHA-256 and stored in a physical warehouse monitored by Amazon Web Services. 
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  • Time Efficiency: Automate routine tasks such as rent collection and lease renewals, freeing up valuable time for strategic decision-making.
  • Centralized Data: Store all property-related information in one place, ensuring easy access and reducing the risk of data loss.
  • Enhanced Communication: Streamline communication with tenants and stakeholders through integrated messaging and notification systems.
  • Financial Accuracy: Improve financial management with automated invoicing, expense tracking, and real-time financial reporting.
  • Compliance Management: Stay compliant with local regulations by automating compliance tasks and maintaining up-to-date records.
  • Scalability: Easily scale your property management operations as your portfolio grows without a proportional increase in workload.
  • Tenant Satisfaction: Enhance tenant experience with a user-friendly portal for maintenance requests, payments, and communication.
  • Risk Mitigation: Reduce risks associated with manual errors and missed deadlines through automated reminders and alerts.
  • Customizable Reporting: Generate tailored reports to gain insights into property performance and make data-driven decisions.
  • Remote Accessibility: Access the platform from anywhere, allowing for flexible management and quick responses to issues.
  • Cost Savings: Lower operational costs by reducing the need for manual labor and minimizing errors that could lead to financial losses.
  • Improved Collaboration: Facilitate better teamwork with shared access to property data and collaborative tools for property managers and staff.
  • Maintenance Efficiency: Streamline maintenance workflows with automated scheduling, tracking, and vendor management.
  • Data Security: Protect sensitive information with robust security measures, ensuring data integrity and confidentiality.
  • Tenant Retention: Increase tenant retention rates by providing a seamless and responsive property management experience.
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  • Accounting: Track and share owner, vendor and residential accounts and maintain accurate books. 
    • Property Accounting: Record transactions, convert work orders into bills and pay in bulk, automate bank reconciliations, identify discrepancies, and share customized reports. 
    • Company Financials: Capture financial overviews by tracking property-specific transactions alongside miscellaneous income and expenses. 
    • Online Payments: Accept rent, set up recurring transactions, pay bills and automate bookkeeping. Residents can add bank accounts or credit cards through individual portals. 
    • Retail Cash Payments: Leverage partnership with PayNearMe to allow residents to pay rent, dues and other fees in cash at multiple convenience stores like 7-Eleven, Casey’s General Store and more. Automatically update payments on respective ledgers and deposit them into bank accounts within a week. 
    • 1099 eFiling: E-file 1099-MISCs and 1099-NECs forms, mail paper copies to owners and vendors, and automate tax calculation based on year-round incomes. 
  • Business Operations: Streamline communication with owners, vendors and residents from a centralized platform. 
    • Resident Center: Residents can pay rent, set up recurring payments, submit maintenance requests coupled with photos and access important documents via mobile-responsive portals. Offers an announcement board to highlight updates, notifications and alerts from managers. 
    • Owner Portal: Owners can access property-specific financial documents and reports. Managers can control access levels for each owner portal. 
    • Document Storage: Securely store property-related documents, including leases, addendums, expense reports, vendor invoices and more and share with a few clicks. Offers unlimited storage space. 
    • Maintenance Tracking: Track maintenance requests, create work orders, assign preferred vendors and automate recurring maintenance activities. 
    • Property Inspection: Perform inspections on the go using an app powered by Happy Inspector. Choose from several templates to customize reports. Make a to-do list, take notes, and capture pictures and videos. 
    • Renters Insurance: Provide tenants with a fully integrated renter’s insurance solution powered by MSI. Document enrollment information and manage each policy till maturity from the dashboard. 
    • Analytics: Monitor real-time data visualizations, customize reports, compare data with localized industry benchmarks and share analysis with clients and board members. 
  • Marketing and Leasing: Increase digital visibility of the entire portfolio, shortlist suitable prospects and design custom leases. 
    • Rental Listings: Create and syndicate custom property listings on multiple channels, including Apartment List, HotPads, Lovely, MyNewPlace, Trulia, Zillow and Yahoo. 
    • Professional Website: Own and design a personalized property website for prospects to apply for listings. Upload important documents like residents rulebook, floor plans and model leases to create a secure self-service hub for prospects, tenants and owners. 
    • Rental Applications: Choose the best applicants based on personalized parameters through a customizable online rental application form that integrates with the website. Accept any related application fees online. 
    • Showings Coordinator: Leverage the module powered by TenantTurner to automate tour schedules according to set rules. Communicate with prospects via email, texts and SMS. 
    • Tenant Screening: Set custom credit score requirements, run background checks and receive credit score information from TransUnion. 
    • Leasing: Design custom lease templates and autofill data to expedite the process. Prospective tenants can digitally sign documents from remote locations. 
  • Homeowner Association Management: Log, track and report property violations remotely. Automate penalties and consequent bookkeeping. Offers a unified inbox for communication among board members, homeowners and vendors. 
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  • Business Analytics: Centralize data from every disparate source for a data-driven business model: 
    •  Access real-time data for each property, tenant and region to drill down on KPIs such as arrears, yields, lease lengths and more. 
    •  Leverage unique templates to design custom reports with personalized metrics and export them in a PDF format for board meetings and presentations. 
    •  Use predetermined intelligence metrics or create custom ones to tailor dashboards. 
  • Task Management: Automate repetitive tasks, save time and promote efficiency throughout the work chain. 
    •  Use the interactive calendar to stay on top of every event and business process. Receive reminders and notifications for upcoming renewals, collections, meetings and more. 
    •  Drag and drop events on the calendar to schedule activities. Assign tasks to managers and let them track daily work progress from the dashboard. 
    •  Automate rent collection, invoice sending and transaction recording to reduce administrative legwork. Prepare budgets and arrears using predetermined templates with a single click. 
  • Accounting: Choose between trust or client accounting and automate transaction matching and reconciliations. Maintain separate ledgers for every unit while automating invoice generation and bills payable. Integration with Xero and QuickBooks offers in-depth cloud accounting. 
  • Property Management: Schedule property inspections, notify concerned parties and update and block their calendars automatically. View maintenance history, log issues and assign vendors for tasks during inspections. 
  • Mobile App: Allows tenants to submit maintenance requests, store leases and check inspection dates. Owners can check property statuses, assign tasks to managers and store documents. Enables managers to view arrears, property information, upcoming projects and maintenance work progress. Provides a holistic view of business operations and facilitates remote workflows. 
  • Integrations: Offers multiple integrations for streamlining accounting and property management workflows, including Fixflo, Inspection Express, Office365, Google Calendar and more. 
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Product Ranking

#4

among all
Property Management Software

#62

among all
Property Management Software

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Analyst Rating Summary

86
69
93
76
84
84
69
69
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Analyst Ratings for Functional Requirements Customize This Data Customize This Data

Buildium
Re-Leased
+ Add Product + Add Product
Accounting & Financial Management Business Operations Dashboards And Reporting Leasing Maintenance Marketing Platform Capabilities 93 84 69 98 70 60 99 76 84 69 65 83 17 83 0 25 50 75 100
96%
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4%
69%
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31%
86%
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14%
86%
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14%
71%
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29%
71%
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29%
100%
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63%
6%
31%
71%
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86%
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14%
33%
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67%
17%
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83%
93%
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7%
87%
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13%

Analyst Ratings for Technical Requirements Customize This Data Customize This Data

63%
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37%
38%
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62%

User Sentiment Summary

Excellent User Sentiment 1604 reviews
Excellent User Sentiment 187 reviews
90%
of users recommend this product

Buildium has a 'excellent' User Satisfaction Rating of 90% when considering 1604 user reviews from 2 recognized software review sites.

91%
of users recommend this product

Re-Leased has a 'excellent' User Satisfaction Rating of 91% when considering 187 user reviews from 3 recognized software review sites.

4.4 (112)
4.8 (26)
n/a
4.48 (81)
4.5 (1492)
4.5 (80)

Awards

SelectHub research analysts have evaluated Buildium and concluded it earns best-in-class honors for Leasing and Platform Capabilities. Buildium stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award
Leasing Award
Platform Capabilities Award

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

User Favorite Award

Synopsis of User Ratings and Reviews

End-to-End Software: Buildium is a comprehensive solution that can handle marketing, leasing, maintenance and management workflows of a property management business, according to 88% of users reviewing its features
Accounting: It offers robust and intuitive accounting features, according to 90% of reviews on this aspect.
Resident Experience: All the users who mentioned this element said that the software enhances overall tenant experience via individual communication portals, digital work orders and electronic rent payment.
Intuitive Interface: It has a simple and easy-to-use user interface, according to 80% of reviews on this aspect.
Customer Support: According to 90% of users who reviewed support services, the vendor offers responsive and agile customer support.
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Streamlined Tenant and Lease Management: Users praise Re-Leased for simplifying complex lease management tasks, allowing efficient tracking of lease terms, rent payments, and tenant communications.
Improved Financial Visibility: The platform's robust reporting features provide a clear overview of financial performance, enabling better decision-making and financial planning.
Enhanced Communication and Collaboration: Re-Leased facilitates seamless communication between property managers, tenants, and owners, fostering transparency and collaboration.
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Commercial Property Management: The software lacks nuanced features for commercial property management, according to 100% reviews on this aspect.
Leasing: Insufficient in-depth leasing customizations are an issue, according to 85% of users who reviewed this element.
Automation: Accounting and maintenance management, according to 100% of reviews on this element.
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Reporting Limitations: Users express frustration with the limited reporting functionality, particularly the inability to customize reports to meet specific needs. This makes it difficult to extract meaningful insights from the data.
Steep Learning Curve: The software's interface is not considered intuitive by many users, leading to a longer onboarding process and difficulty in fully utilizing its features. This is especially challenging for teams with varying levels of technical expertise.
Lack of Integrations: Re-Leased lacks seamless integration with other commonly used property management tools, requiring manual data entry and creating inefficiencies in workflow.
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Buildium helps property owners and managers digitize and streamline every property management workflow. Users prefer the solution because of its end-to-end property management features, ease of use and responsive support suite. Reviewers also mention that residents are fond of the platform’s mobility and prefer paying rent and issuing maintenance requests digitally. However, reviews note that the platform is mainly built for residential properties and lacks nuanced features like complicated lease structures, automatic utility tracking, in-depth CC&R and violation tracking for commercial, student and community properties. Users also have to manually match transactions to bank entries and can’t issue work orders automatically. Considering everything, buildium can get confusing for larger portfolios but is perfect for single landlords and managers to organize and monitor operations from a unified dashboard.

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Are you looking for software that will re-lieve the stress of property management? User reviews from the last year suggest Re-Leased is a popular choice for managing commercial properties, but it's not without its drawbacks. Users praise its ease of use and time-saving features, such as automated rent collection and a calendar dashboard that displays key dates like lease expirations. One user raved about how Re-Leased simplified their workflow, allowing them to focus on strategic decision-making instead of getting bogged down in tedious tasks. However, some users have expressed concerns about the software's pricing, which is based on the number of tenants, and the level of customer support provided. One user felt the price was a bit steep, especially for smaller property management companies, and wished there was a more budget-friendly option. Others desired more responsive and helpful customer support. Despite these criticisms, Re-Leased stands out for its robust integrations with popular accounting software like Xero, allowing for seamless financial management. Its cloud-based nature provides users with the flexibility to access their data from anywhere with an internet connection. Overall, Re-Leased seems best suited for established commercial property management companies who value automation, data-driven insights, and seamless accounting integration. Smaller businesses or those on a tight budget might find the pricing prohibitive and may need to explore alternative options like Buildium, Yardi Breeze, SimplifyEm, or DoorLoop.

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