ARGUS Enterprise

(11)
4.0 out of 5 stars

With ARGUS Enterprise customers are able to create rolling budgets combining budgeting, valuations, and leasing for fast and effective reforecasts.

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ARGUS Enterprise Reviews

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ARGUS Enterprise review by User in Commercial Real Estate
User in Commercial Real Estate
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"A little better than it used to be and it is the industry standard"

What do you like best?

The new dashboard view is nice and it was easy to combine multiple properties into a portfolio.

What do you dislike?

Argus has never been the most user friendly experience. The things you disliked from the previous version are still there, mainly that it is an arduous process to set up a file. I also had to click around a lot to figure out where everything was and how to change inputs.

Recommendations to others considering the product

If you work in commercial real estate and do acquisitions or dispositions you are probably going to need to work in Argus as some point so just bite the bullet and learn the software and it's not too bad. It also was able to import files from old versions easily so that was a help.

What business problems are you solving with the product? What benefits have you realized?

I modeled a project that has several phases of building and then was able to combine the phases into a comprehensive project. We were mainly setting up a file to get the cash flow stream for valuation but also to have a file to distribute to potential buyers if requested.

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ARGUS Enterprise review by <span>Ari S.</span>
Ari S.
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"Great Product. Definitely the Best at What it does."

What do you like best?

I really like the amount of time it saves you. The fact that you have specific inputs and it does all of the calculations for you, with an excel output option is AMAZING- especially since within excel, the sheets are very responsive, instead of a neater layout.

What do you dislike?

The lack of windows 10 integration is a big issue. But alongside that, you can choose to not pay for the support, but if you choose to update to the latest version, you have to pay for the entire backlog of support before you're elligible for an update.

Recommendations to others considering the product

Take a training course if it is your first time picking it up. It is a very hard software to just pick up and it is extremely useful.

What business problems are you solving with the product? What benefits have you realized?

When I was using it , it solved the time it took to form budgetary sheets, pro formas, time sheets and many other real estate management related issues. Also subsrcibing to Argus DCF allowed me to create discounted cash flows with ease and I would deinitely recommend that to any invester.

What Real Estate Portfolio Management solution do you use?

Thanks for letting us know!
ARGUS Enterprise review by <span>John M.</span>
John M.
Validated Reviewer
Review Source

"John McMahon Acadia - Argus Review"

What do you like best?

I like the ability it gives you to translate the lease language into financial data. This would be extremely difficult to do without a tool like this. The data is also easily transcribed into excel where it can be manipulated, which is a bonus.

What do you dislike?

I do not like the finality of some of the work. The inability to go back and easily find exactly where you may have made a mistake. In short, it is not extremely user friendly, and it takes a lot of getting used to. I have found that the only good ways to learn argus are from online videos, and hands on teaching by someone who already knows it, so it is not easily self taught.

Recommendations to others considering the product

I recommend Argus, because although at times it is not user friendly to beginners, it is the industry standard and overall an effective tool.

What business problems are you solving with the product? What benefits have you realized?

I have had problems dealing with dozens of different leases and lease structures, and translating them into financial data. Agrus has been a big help with that.

ARGUS Enterprise review by User in Real Estate
User in Real Estate
Validated Reviewer
Review Source

"Argus Enterprise Review"

What do you like best?

Argus Enterprise allows more in depth modeling than the former Argus

What do you dislike?

The interface takes some getting used to and it's hard to hide columns and categories that you will never use

Recommendations to others considering the product

Have one person from the office attend a training session

What business problems are you solving with the product? What benefits have you realized?

Primarily used for cash flow modeling. Argus makes modeling expense reimbursements easy so the benefits are accuracy and detail without having to do complicated excel formulas

ARGUS Enterprise review by User in Real Estate
User in Real Estate
Validated Reviewer
Review Source

"Different from ARGUS DCF"

What do you like best?

The new rent input, it makes it very clear on the rate and which year. Also, it's dumb proof because it tells you the exact number of years, months, and dates.

What do you dislike?

The new AE is very scroll sensitive, if you have a scroll mouse, it's easy to accidentally move to another cell.

What business problems are you solving with the product? What benefits have you realized?

To find the value of properties and it clear to see the assumptions being used.

ARGUS Enterprise review by Administrator in Real Estate
Administrator in Real Estate
Validated Reviewer
Review Source

"Better than previous versions"

What do you like best?

I've been familiar with Argus products for a while, but this is more user-friendly and has a lot more functionality than previous editions.

What do you dislike?

As with most Argus products, it's difficult to train on.

Recommendations to others considering the product

Highly recommend. Don't be afraid to go through tutorials and ask for help from customer service.

What business problems are you solving with the product? What benefits have you realized?

We don't like having to work through Excel - this solves that issue.

Kate from G2 Crowd

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