Buildium vs Brokermint

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Our analysts compared Buildium vs Brokermint 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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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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$55 Monthly
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$99 Monthly
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Chromebook
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Mobile
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On-Premise
Mobile

Product Assistance

Documentation
In Person
Live Online
Videos
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Documentation
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Videos
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Email
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FAQ
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Knowledge Base
24/7 Live Support
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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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  • 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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  • 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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  • 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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Product Ranking

#4

among all
Property Management Software

#18

among all
Property Management Software

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Analyst Rating Summary

86
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Analyst Ratings for Functional Requirements Customize This Data Customize This Data

Buildium
Brokermint
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Accounting & Financial Management Business Operations Dashboards And Reporting Leasing Maintenance Marketing Platform Capabilities 93 84 69 98 70 60 99 0 25 50 75 100
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Analyst Ratings for Technical Requirements Customize This Data Customize This Data

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User Sentiment Summary

Excellent User Sentiment 1604 reviews
Excellent User Sentiment 791 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.

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.

4.4 (112)
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4.51 (791)
4.5 (1492)
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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

Brokermint 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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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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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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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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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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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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