Accruent Lucernex vs. Market Leader

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Accruent Lucernex
Score 7.9 out of 10
Enterprise companies (1,001+ employees)
Accruent acquired Lucernex in 2017 to boost its IWMS or asset management portfolio. Lucernex Lease Administration & Accounting is a real estate lifecycle management platform emphasizing compliant financial contracts and accountancy.N/A
Market Leader
Score 1.0 out of 10
N/A
Market Leader, a company in Bellevue, offers real estate agencies and individual agents leads and a marketing platform including CRM and consumer website, and other features specific to real estate agencies' needs.
$129
Pricing
Accruent LucernexMarket Leader
Editions & Modules
No answers on this topic
Starting Price
$129.00
Offerings
Pricing Offerings
Accruent LucernexMarket Leader
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeRequiredNo setup fee
Additional Details
More Pricing Information
Community Pulse
Accruent LucernexMarket Leader
Best Alternatives
Accruent LucernexMarket Leader
Small Businesses
Yardi Voyager
Yardi Voyager
Score 8.7 out of 10
Dotloop
Dotloop
Score 6.1 out of 10
Medium-sized Companies
Yardi Voyager
Yardi Voyager
Score 8.7 out of 10
Condo Control
Condo Control
Score 9.0 out of 10
Enterprises

No answers on this topic

Accruent Lucernex
Accruent Lucernex
Score 7.9 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Accruent LucernexMarket Leader
Likelihood to Recommend
7.8
(19 ratings)
1.0
(1 ratings)
Usability
-
(0 ratings)
1.0
(1 ratings)
In-Person Training
7.7
(3 ratings)
-
(0 ratings)
User Testimonials
Accruent LucernexMarket Leader
Likelihood to Recommend
Accruent
I believe Accruent is well suited for companies with a large amount of leased assets that need to be accounted for under the new accounting standard. Companies with fewer leases would not need an intricate tool of this size. It is suited for both real estate and equipment leases, which makes up the entirety of our portfolio.
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Market Leader
The leads are of poor quality and many leads express the feeling of being "harassed" by the many auto-generated responses to their browsing. I have been sent messages of STOP, JUST LOOKING....... all because of the pestering messages that the system sends. Out of 90+ leads I have 1 person seriously looking for a home and needing help. It is a waste of time and creates a negative view of your name due to the pestering of their system. They will not work with you, they only threaten if you mention non-payment. The product looks and sounds great, but for realtors, it is nothing more than a scam. Legal recourse for potentially damaging my business name? It's a thought.
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Pros
Accruent
  • Lucernex does an excellent job of listening to its customers to continue enhancing the product to make it the best in the industry and to continue to partner with their customers on this endeavor.
  • Lucernex's product is an intuitive product that allows its end users to customize and manager their own fields and pages to tailor individual company's needs.
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Market Leader
  • Make promises with no intention of keeping them.
  • Lying
  • Deception
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Cons
Accruent
  • The sales person we worked with seemed to have some communication gaps when passing off to the implementation team.
  • The implementation start was rocky due to enduring disconnect on our needs versus what was included in the SOW.
  • As a client, we were not clear on what was fundamentally included in our SOW and how that would impact the end-product.
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Market Leader
  • Honesty on how leads are "prescreened". They are obviously not screened well.
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Usability
Accruent
No answers on this topic
Market Leader
Easy to use, but nothing to gain from it.
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In-Person Training
Accruent
The trainers were knowledgeable and engaging in presenting the materials, and their emphasis on important concepts was helpful (I would rate the trainers themselves a 9!). However, I do not believe there's anything we learned in the in-person training that could not have been taught via live web-classroom. Traveling a significant distance (in our case) to Austin, TX for only approx. 12 hours in the classroom was (in my opinion) not necessary, since the same material could have been presented via live web-classroom and saved us the expense and travel-time. I would encourage Lucernex to consider moving to a live web-classroom format in the future; an online live format would still allow for participation and questions from the participants while saving clients' time and money
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Market Leader
No answers on this topic
Alternatives Considered
Accruent
I cannot recall exactly what other products we reviewed before choosing Lucernex, but one of the leading factors was how highly customizable the software was. We had previously been using Retail Lease which was an older program with buckets of data stored everywhere. During the data mapping process, we were able to easily find a home for all of this "random" data
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Market Leader
I receive quality leads and have closed on several homes with Zillow Premier Agent. Market Leader pales in comparison and I will never do business with them again.
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Return on Investment
Accruent
  • Lucernex was able to complete our business objective to manage and process all of our Lease Accounting entries within the software.
  • Lucernex has enabled all of our departments to become better connected, work together to create synergies and transparency to better meet business objectives.
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Market Leader
  • I have spent $2,000.00 and gotten nothing in return except for bogus leads.
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