Buildium vs. RAY - Property Management Platform

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Buildium
Score 8.8 out of 10
N/A
Buildium is a cloud-based property management solution that enables managers of residential and association properties to take complete control of every aspect of their business, including the rent, vacancy and maintenance cycles. According to the vendor, Buildium streamlines management of the rent cycle with key features such as tenant and lease tracking, full general ledger accounting, automated rent and late fee reminders and on-demand reports. Additionally, rent collection can be…
$55
per month
RAY - Property Management Platform
Score 0.0 out of 10
N/A
RAY is a property & tenant management platform that offers a variety of tools to help property, facility, and community managers with their day to day operations. RAY works for both, residential and commercial markets.N/A
Pricing
BuildiumRAY - Property Management Platform
Editions & Modules
Essential
$55
per month
Growth
$174
per month
Premium
$375
per month
No answers on this topic
Offerings
Pricing Offerings
BuildiumRAY - Property Management Platform
Free Trial
YesYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoYes
Entry-level Setup FeeOptionalRequired
Additional DetailsAll plans include accounting, maintenance, tasks, violations, online portals and resident & board member communications for your residents, board members, and owners.RAY's quote-based pricing depends on the number of units/users and is tailored to clients' needs.
More Pricing Information
Community Pulse
BuildiumRAY - Property Management Platform
Top Pros

No answers on this topic

Top Cons

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BuildiumRAY - Property Management Platform
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User Ratings
BuildiumRAY - Property Management Platform
Likelihood to Recommend
8.3
(9 ratings)
-
(0 ratings)
Likelihood to Renew
10.0
(1 ratings)
-
(0 ratings)
Usability
10.0
(1 ratings)
-
(0 ratings)
Support Rating
10.0
(1 ratings)
-
(0 ratings)
Implementation Rating
5.0
(1 ratings)
-
(0 ratings)
User Testimonials
BuildiumRAY - Property Management Platform
Likelihood to Recommend
Buildium
For larger communities, Buildium doesn’t have the accounting capabilities you need. Anything up to 100 units is easily managed and works well.
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RAY Labs
No answers on this topic
Pros
Buildium
  • We use the task flow to ensure good communication with tenants and owners.
  • The accounting matches our standards for certifications.
  • Tenant portal allows them to set up auto pay and sends payment reminders.
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RAY Labs
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Cons
Buildium
  • Buildium has done a great job over the last decade of developing software to keep pace with industry standards.
  • Buildium has room for improvement with the use of artificial intelligence to make repetitive processes more automated.
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RAY Labs
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Likelihood to Renew
Buildium
I have used three property management softwares and know of others who have used additional softwares for managing properties. Buildium seems to be the best of all of them
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RAY Labs
No answers on this topic
Usability
Buildium
Once trained, I find that its usability is quite easy and comprehensive. If working on something I am less familiar with, I find that I can usually find the solution pretty quickly
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RAY Labs
No answers on this topic
Support Rating
Buildium
I have been able to get through to support immediately and they have been awesome in quickly resolving issues. More importantly, their communication when there is an issue which might take some time to resolve surfaces. Getting updates and resolution are critical.
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RAY Labs
No answers on this topic
Implementation Rating
Buildium
I cannot rate this since I was not part of that process
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RAY Labs
No answers on this topic
Alternatives Considered
Buildium
Appfolio is my favorite software, and they are constantly making improvements. Buildium is great if you don’t have a ton of property but is not as manageable for advanced accounting and resident information tracking. There are workarounds, but they do need to work on their ease of use for owners.
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RAY Labs
No answers on this topic
Return on Investment
Buildium
  • Eliminates processing paperwork, resulting in less paper and staff time and effort.
  • Eliminates payments via check, and the need to go to the bank along with processing fees.
  • Payments are more prompt due to options and communications.
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RAY Labs
No answers on this topic
ScreenShots

Buildium Screenshots

Screenshot of Screenshot of

RAY - Property Management Platform Screenshots

Screenshot of RAY's web-based admin CMS and tenant mobile appScreenshot of Property management dashboard - RAYScreenshot of Upcoming dues screen - RAYScreenshot of Unit details screen - RAY