Buildium Alternatives, Pricing, and Reviews

Buildium presents solutions to automate your day-to-day tasks for better property management. However, if you are exploring alternatives to Buildium, this article tells more about the best solution: Raklet’s property management software!

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Property management comes with a lot of tasks and requests from homeowners that all require a lot of time and energy. If you are struggling with being up-to-date on all the tasks and requirements, you can explore the solutions that property management platforms offer. Buildium is one of the most popular property management platforms out there, but if you are looking for alternatives, keep on reading to learn more about how Raklet’s all-in-one property management software compares to Buildium.

Buildium

Buildium was founded in 2004 with the idea of making property management simpler and easier to control. They hold the core values of focusing on the customer, communicating openly, and being supportive among many others. Buildium emphasizes the ease of property management regardless of the location, time, or device that you have by automating tasks and exploring the opportunities to grow your business at the same time. Nevertheless, Buildium may not be the right property management platform for your business needs. Let’s explore what they offer and what they lack.

Buildium Features

Buildium comes with diverse features to help you automate and easily take care of the different aspects of property management. Let’s look into some of these features together:

– Automated accounting: Buildium automates your bookkeeping, collections, payments, and many more. You can manage the entire payments process online, and make sure your property and company financials are complete and accurate at all times. Moreover, you can file and track your Form 1099s in minutes.

– Leasing: Buildium brings your entire lead-to-lease cycle online so you can effortlessly advertise vacant units, schedule showings, customize rental applications, run comprehensive tenant screenings, and many more! You can also set up templates for all your lease documents and collect applicant signatures from any device.

– Marketing: Buildium helps you to attract residents and land new clients without the need of learning to code a website. You can set up a free property management website to boost your brand, advertise listings, and present the services you offer. Furthermore, you can directly connect with property owners looking for the services you offer in your area.

– Analytics: Buildium provides you with powerful analytics and actionable insights that let you drive your business with data-driven decisions and strategies. You can make more informed decisions by understanding your entire portfolio’s performance with a full site of reporting.

Buildium Pricing

Unfortunately, Buildium doesn’t offer a free plan but all of their plans have a 14-day free trial period. Buildium has three main plans which all include basic features such as accounting, maintenance, and online portals. Let’s explore these plans in detail:

Essentials plan is offered for fairly small businesses to automate their tasks for $50/month,
Growth plan provides additional features, support, and performance insights to upgrade from the Essentials Plan for $160/month,
Premium plan adds useful features such as open API and insights-to-action options for $460/month.

You can see the differences between these plans in more detail on Buildium’s Pricing page.

Buildium Reviews

Based on the Capterra reviews, Buildium got an overall score of 4.5 stars with 4.3 stars for Ease of Use and 4.5 stars for Customer Service. The users of Buildium appreciate having different useful features all in one platform. Yet, they also mention time-consuming issues and the lack of flexibility in some features. Let’s see Buildium’s pros and cons:

Pros:

Cons:

Buildium Alternative: Raklet

Raklet offers an all-in-one property management solution to automate your tasks and ease the whole process from finances to effective communication. You can explore the various features and over 4000 integrations, and choose the necessary ones for your needs. Raklet also offers options to customize and better manage your property. Let’s see some of these features in detail:

ACCOUNTING

You can automate your accounting and track real-time payment data with Raklet’s financial tools and diverse online payment options. Raklet secures an easy collection of online payments on your property management platform with integrations like Stripe. Moreover, you can send automated reminders about late payments and invoices to your property owners with ease.

REPORTS & ANALYTICS

You can customize your analytics reports and get a detailed insight into how your business is performing! Raklet ensures you stay updated with all the data and finances with these detailed reports. You can constantly track your growth, payments, and other related analytics to see how your property management is doing.

EVENT MANAGEMENT

You can get together with property owners and increase engagement within your association through exclusive events whether they are virtual or face-to-face with Raklet’s various event management tools. You can create individual event pages, offer different ticketing options, sell tickets, handle the payments, offer digital membership cards for easy check-in, keep track of attendees, and get reports for each event you create.

EMAIL & SMS COMMUNICATION

Raklet allows you to send custom emails and SMS to homeowners whenever you need to update them about reports, maintenance requests, or invoices. You can increase your communication with your community on the go with Raklet’s all-in-one platform. Moreover, you can track data including opening rates, and get reports for mass emails and SMS if you decide to send announcements.

ROBUST CRM

You can maintain a complete view of your HOA with Raklet’s powerful CRM and member management tools. You can create individual owner and corporation contacts, and simplify association management with a comprehensive member directory. Raklet brings all of your data together in one place and reduces the time for administrative tasks.

Raklet Pricing

Unlike Buildium, Raklet offers a free plan for up to 50 members. Besides the forever-free plan, there are three different pricing plans offered: Essentials, Professional, and Premium starting at $49/month. Let’s see these in detail:

Essentials plan comes with 1000 contacts and 10 GB storage with 1 admin and 1 email sender name for $49/month,
Professional plan involves 2000 contacts and 20 GB storage with 2 admins and 2 email sender names for $99/month and offers additional features such as digital membership cards and automated emails,
Premium plan includes a maximum of 5000 contacts and 100 GB storage with 5 admins and 5 email sender names in total for $299/month and comes with extra features such as custom CSS and JS, and event check-in at the door.

You can find out more on our transparent pricing page and choose the best plan for your organization! You can also schedule a free demo to learn more about our plans, and ask your questions in one-to-one calls!

Raklet Reviews

Based on the Capterra reviews, Raklet ranks high for both Ease of Use and Customer Service with ratings of 4.7/5 and 4.8/5 respectively. Users are generally satisfied with having all the necessary features in one place, and the ease of handling financial tasks with Raklet. Reviews show that businesses of all sizes and needs are satisfied with Raklet for finding solutions to their specific needs.

Raklet is listed as one of the top-rated software in several categories on Capterra. You can also check out SourceForge, G2, and GetApp reviews to see how our customers view Raklet.

How is Raklet better than Buildium?

You can see the comparison below:

RAKLET

BUILDIUM

Pricing:

Free or starts from $49/mo

Starts from $50/mo

Free Plan:

Yes

Free trial:

Yes

Online Payments:

Yes

Event management:

Yes

Discussion Groups:

Yes

Email marketing:

Yes

Reports and analytics:

Yes

Limited

Digital Cards:

Yes

We believe this comparison helps you choose the suitable one for your organization. You can always book a call from here or reach out to us from support.

Start your free account and get to improving your community, using Raklet.

LOVE FROM OUR CLIENTS

Don’t listen to us, listen to what our clients say

Good membership software! I really liked the support responsiveness. They are on the ball, listen to your comments and try to integrate if the comment can bring value to their product.

Powerful event management software! Raklet's web and mobile apps makes it really easy for us. We create tickets for public and members-only, offer coupons to promote our events and check-in guests onsite.

I am satisfied. We manage the administration and communication of our associations thousands of members. Support team is really kind and help us solve problems quickly through chat or video call. We sell tickets and also crowdfund on the platform.

We publish digital cards for our members on Raklet. They can benefit from the perks simply by using mobile app or adding their cards to mobile wallets. Highly recommended.

As we were about to spend thousands to develop membership software, we discovered Raklet and saved. Raklet has a lean and well thought architecture that provides you the most important features you need for membership management. It looks familiar from day 1, easy to use without extensive training.

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