Yardi Voyager Property Management Software Review 2024

Yardi Matrix offers the industry’s most comprehensive market intelligence. Delve into an analysis of current market conditions at both the micro and macro levels. Users can quickly add owners, properties, tenants, prospects and more. If you’re ever unsure about how to do something, there’s probably a training video that covers what you need.

• The platform enables them to automatically track leases and drill down into their details.
• Voyager is a comprehensive system for real estate operators with unique and dynamic requirements.
• Since then, Yardi has grown dramatically to become the leading provider of software solutions for the real estate industry.
• I have used various other software and Yardi is by far my preference.

They can also approve purchase orders and work orders and perform financial tasks such as check writing quickly. The residential and commercial property management solutions that compose Yardi Voyager empower accounting teams and professionals in the real estate market. Yardi Voyager delivers mobile apps and solutions which make it convenient for users to work anywhere and anytime from any mobile device. Thus, they can process applications, execute and track leases, provide resident or tenant services, communicate with vendors, and perform other tasks straight from their smartphones and tablets. You should reassess your property management software every few years and see what’s new on the market.

Related Quote from Verified User

By connecting business intelligence at the investment, operations and financial levels, our platforms drive value for funds holding real estate assets. As Yardi Voyager centralizes financial and property management information in a single database, it lets property owners and teams manage their processes and perform their tasks efficiently. The platform has the capability to automate workflows according to one’s business goals and requirements. For instance, users can set up new leases faster as well as seamlessly process move-ins and move-outs.

• Choosing the right rental property management software for your business is not an easy task, considering the myriad of options that exist.
• Additionally, clients can access on-demand support articles, videos and eLearning classes.
• There are plenty of factors that you need to reflect on and these include your budget, specific business requirements, your company size, integration requirements etc.
• With a user-defined cost code structure, the system tracks your actual costs and compares them to the job budget.

They can also drill down into property data using attributes like portfolio, region, or currency. Whatever your reasons for researching property management software, we’re here to help with a guide that includes everything you need to make a smart decision a little more quickly. Choosing the right property management software to organize, optimize and grow your business is a big decision, but it shouldn’t be overwhelming.

Use Yardi Breeze if…

Yardi is a large company with over 4000 employees located in Santa Barbara, CA and founded in 1982. Yardi also offers Yardi Voyager, which is an enterprise solution for property managers with 1000+ units. Migrating data from old systems to the new software can be a time-consuming and costly process, especially if the data is large what is withholding and what does it mean or complex. The average cost of data migration can range from a few thousand dollars to several hundred thousand dollars, depending on the size and complexity of the data. Our client services team assists with implementation and provides in-person support and online training at every stage of the client’s product experience.

Yardi Voyager Pricing

This feature offers property managers a ton of insight into their investments, as well as a way to keep track of them and ensure that they are still generating profit. One of the ways that it does this is by generating custom reports that take many different data points into account, like resident data and previous performance. Yardi Breeze lets users manage commercial and residential properties, as well as self storage facilities. All portfolios have an owner portal that helps manage communications (email, file sharing, reports, etc.) with the property owner.

Would you like us to let the vendor know that you want pricing?

Job cost and the general ledger are updated in real time when transactions are entered. With this feature, you can also hire the professionals that you need for the maintenance that was requested. Then, you can track every step of the process, as well as any comments or concerns from the tenant, all from one centralized location. This feature is extremely useful because it essentially automates the maintenance management process for your properties. This prestigious award is given to companies that demonstrate the highest standards in cyber security and reliability. All Yardi Breeze users benefit from this secure data storage system.

Investment Management

The platform permits them to specify deadlines that will trigger automated email notifications and tasks which can be accessed through the dashboard. Customizing the software to meet the specific needs of the organization can be a costly process, especially if the customization requires significant development or integration work. The average cost of customization can range from a few thousand dollars to several hundred thousand dollars, depending on the complexity of the customization work. Our opinions are our own and are not influenced by payments from advertisers.

Real estate runs on Yardi

As a result, Yardi Matrix forecasts for new storage deliveries increased in 2024, and remained unchanged in the following years. Shlomi Reuveni of Reuveni Real Estate describes the current state of Manhattan’s luxury residential market and how it has adapted to the pandemic as well as up and coming areas. Yardi Breeze is simple to set up and easy to use, and there are no startup or implementation fees. Plus, there’s no advanced training required—anyone who uses the web can use Yardi Breeze. They have additional optional services like resident screening (via ScreeningWorks Pro) on a per-transaction cost. Former software was custom made back in the late 80s and was never modernized.