ARGUS Excel Model is more flexible than ARGUS Enterprise in many ways. Expensive software for small businesses/individuals. After spending one year on research and development, I successfully duplicate 90 of ARGUS Enterprise in an Excel spreadsheet, which is called ARGUS Excel Model. ARGUS Enterprise offers few flexible plans to its customers, read the article below in order to calculate the total cost of ownership (TCO) which includes: customization. "owned" software and lack of support for legacy DCF. When comparing ARGUS Enterprise to its competitors, on a scale between 1 to 10 ARGUS Enterprise is rated 6, which is similar to the average Property Management software cost. I understand the SaaS value from the firm's perspective, but the mandatory conversion from DCF was not handled well/strong arm tactic. ARGUS Enterprise is designed for companies and financial institutions that need to project the performance of their assets throughout the lifecycle of the investment including acquisitions, development, reconfiguration, leasing, portfolio and investment management, and disposition. While the prior DCF version had some bugs/quirks, it was superior to AE in many ways. The software allows for discounted cash flow analysis of a variety of property types and various reports/schedules can be exported to Excel, where the heavy lifting often takes place. Changes through SaaS updates modifies functionality and features, which can be frustrating.Īrgus is the de facto software for the real estate industry and has been for decades. The software is powerful and generally intuitive, but it takes months of heavy use to achieve fluency. Argus is used to underwrite/model real estate investments and its output is generally exported into Excel for further evaluation/manipulation.
#Argus developer vs argus enterprise pro#
I have been using Argus for years as it is critical for my job and throughout the real estate industry. ARGUS Developer is a leading real estate development pro forma and management software solution that helps you manage complex, multi-staged development projects with confidence. Industry standard, but beware of monopolistic behavior.