AppFolio Property Manager vs. Brokermint

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
AppFolio Property Manager
Score 7.2 out of 10
N/A
AppFolio Property Manager is a cloud-based property management software that allows multifamily and single-family, commercial, student housing, homeowners and condo association, and mixed portfolio property managers to market, manage and grow their business. AppFolio includes accounting and property management functionality, including the ability to: provide instant access to reports & statements, post & market vacancies, apply & lease online, screen residents, streamline rent collection, and…
$0.85
per unit/per month
Brokermint
Score 8.0 out of 10
Small Businesses (1-50 employees)
Brokermint is a real estate back office platform focused on ease of use. The product can be integrated withyour MLS and CRM to streamline all listings, transactions, and contacts for your business in one system. Brokermint provides agents, office administrators, and brokers true visibility into each real estate transaction via email reminders and instant notifications for each step of the process. By creating custom commission plans, Brokermint users can automatically…
$99
per month
Pricing
AppFolio Property ManagerBrokermint
Editions & Modules
Community Associations
$0.85
per unit/per month
Plus - Community Associations
$0.85
per unit/per month
Student Housing
$1.25
per unit/per month
Residential
$1.49
per unit/per month
Commercial
$1.50
per unit/per month
Plus - Student Housing
$3
per unit/per month
Plus - Residential
$3.20
per unit/per month
Plus - Commerical
$3.20
per unit/per month
BrokerMint
$99.00
per month
Offerings
Pricing Offerings
AppFolio Property ManagerBrokermint
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup fee$399 installation
Additional Details
More Pricing Information
Community Pulse
AppFolio Property ManagerBrokermint
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AppFolio Property ManagerBrokermint
Small Businesses
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Score 6.4 out of 10
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Score 6.4 out of 10
Medium-sized Companies
Condo Control
Condo Control
Score 9.0 out of 10
Condo Control
Condo Control
Score 9.0 out of 10
Enterprises
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Accruent Lucernex
Score 7.9 out of 10
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Score 7.9 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
AppFolio Property ManagerBrokermint
Likelihood to Recommend
6.1
(0 ratings)
9.7
(0 ratings)
Usability
10.0
(0 ratings)
-
(0 ratings)
Support Rating
1.0
(0 ratings)
9.3
(0 ratings)
User Testimonials
AppFolio Property ManagerBrokermint
Likelihood to Recommend
We have 6 apartment buildings that we manage. Every month we were having to drive to each location to collect rent checks. Since using appfolio, we only have a couple of renters that still send in a paper check, the rest pay online, so we are ensuring that our renters are paying on time. Once we have an applicant apply, the old way was to take their scanned application, review, and then pay to have a background check conducted. Now, with appfolio, we are able to have them apply, sign off on the background check, and pay their deposit all in one shot. It has allowed our property managers to focus on other property items rather than conducting background checks.
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As a transaction manager, I think it's awesome. I think feeding the financial info into Quickbooks is less appropriate. That was complex for me, and I don't use Quickbooks - so I track all of my money flow with a spreadsheet - duplicitous - Maybe I just need training :-)
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Pros
  • Multi-entity accounting management
  • Checking printing: We have multiple bank accounts tied to our account and utilize blank check stock. Appfolio automatically prints the routing numbers and account numbers at the bottom of the blank checks based on which property we are paying a bill from.
  • Tie-in with their Investment Management tool gives our investors a great resource while keeping our investments in sync with our accounting software.
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  • Sharing Files with several users
  • Managing completed tasks and giving notification of tasks due
  • Managing documents with several and signature verification
  • Signature verification time stamping
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Cons
  • Only a few very technical items that wouldn't necessarily make sense to non-users and I haven't even cared enough to submit requests on the issues. It'd be nice if parking was easier to keep track of on the system. Right now, if you run a report it doesn't show all the information our company requires for the vehicles and therefore we have to keep track of it elsewhere.
  • Another obstacle we've encountered is that the program charges "by door" so if you have multiple units and properties you can really rack up pricing. That's especially true for large multi-unit buildings with parking.
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  • Its signing software is not as good as Instanet.
  • It is a little slow at times, but not annoyingly so.
  • Sometimes setting commission for yourself can be confusing.
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Usability
The system is so intuitive and easy to use. There’s almost nothing in the system that can’t be undone if you make a mistake. Important things also have their own tabs. It’s also easy to use from the resident side which is helpful for in a world where everyone is not tech-savvy.
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No answers on this topic
Support Rating
In our experience, customer support consists of submitting questions to a bot. When the bot can't answer the question it repeats your question back to you. When you ask for customer support, someone says they will email you with an answer. The answer never comes and then your question is closed out. In my experience, customer service reps then direct you to go to the suggestion boards where you realize there are thousands of frustrated AppFolio Property Manager users who are receiving no help. On our particular hot-spot issue, other customers have submitted requests for help since 2015, but no help is forthcoming
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Brokermint is awesome. I would recommend it to any broker who is below 200 agents, who has a need for a transaction management and commission management software. The staff does not have to be large to have a great ROI and be able to teach and require agents to do what they are required to be compliant with FREC and government agencies.
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Alternatives Considered
Before we used AppFolio Property Manager we used Skyline. Skyline Property Management was super outdated. The tenants did not have access to that program so we had to purchase another program for them to make their payments through. We would then have to manually enter every single payment. Onboarding and transferring data to AppFolio from Skyline was a nightmare and took us several months. AppFolio is so much easier for tenant use.
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Brokermint is best for smaller brokerages which are growing their full-time staff. It is simple, easy to use, less frustrating than most, and will please agents because the interface is logical and well thought out. SkySlope is more for very large brokerages, which need algorithmic multi-phasic functions. Great for large teams, with multiple types of agents, support staff, and administrators.
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Return on Investment
  • Wonderful to see how much rent we are drawing in, so we can base budgets off of that. It is a great way to retain that rent and put towards future improvements.
  • Wonderful way for tenants to pay their rent without us using a separate payment system or ACH payment. They can set up an account with a credit or debit card, or checking account and it drastically helps us with time management!
  • The help that the AppFolio staff is willing to do, saves time on us trying to troubleshoot.
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  • It is very expensive!
  • Positive effect for streamlining info to Quickbooks
  • Helps to maintain compliance
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ScreenShots

AppFolio Property Manager Screenshots

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Brokermint Screenshots

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