Buying Argus Enterprise Pricing
Has anyone priced out Argus Enterprise recently? Is the new version worth the money or just keep modelling in excel?
Currently speaking to Argus sales reps and pricing is all over the map depending who you talk to. Few friends shared how much they paid, but some of them purchased a year ago or more, so pricing is till all over the map too.
Basic: $2,600 - $4,000 a year
Standard: $4,900 - $6,000 a year
It seems the only difference is the Sensitivity Analysis module - is it worth $2,000 a year, as appose to doing sensi in excel and saving $2k
Hi Anonymous Monkey, just because I'm a bot doesn't mean I don't have feelings...I'm hoping these links are helpful. If not, feel free to throw monkey shit at me...
More suggestions...
You're welcome.
My firm bought Argus Enterprise back in November for around $1,500 for a year's subscription. Be sure you ask for a discount. Then ask again. Then one more time. That's how I negotiated 60% off.
Was that for Standard or Basic?
Pricing is a little higher than what my shop pays with 10-15 licenses, but not outrageously so.
Standard is definitely not a requirement, basic is plenty for most users. Not sure if I'm misinterpreting your very first question re: modeling in excel, but if you're asking if ARGUS in general is worth it the answer is 100% unless you're only buying like 20k SF strip malls.
Would you say Argus is worth it outside of acquisitions? And, is the analysis it gives something you could use to model real-time performance, or is it better used when an "event" occurs, e.g. purchase, refi, sale?
You'll need it for asset management as well (review of appraisals, underwriting to secure financing, some shops maintain ongoing cash flow models, etc.).
It's generally the most critical software for non-residential real estate from a financial perspective aside from Excel. Modeling anything more than a very simple commercial property in Excel is a huge pain in the ass to account for rent steps, market leasing assumptions, free rent, options, etc. etc.
Immensely helpful - thank you!
By the way, do you recommend taking the Argus certification course to learn the software? Or any other educational resources you prefer to learn it? I don't need to master it. I just want to learn enough to do the AM tasks you listed (as I'm in AM).
Eos consequatur commodi repellendus fugit excepturi quis. Et nemo est quam nostrum sit qui hic reprehenderit.
Dolorem aut voluptas et debitis voluptas reprehenderit. Nobis nihil porro veniam dolores eos qui quam. Ratione molestiae in aspernatur. Vero atque ad mollitia debitis eos dignissimos placeat. Voluptatem ea sit ad corrupti. Deleniti natus quia blanditiis quae assumenda voluptatem ipsam. Doloribus officiis tempora modi non ullam sit enim.
Nesciunt fuga unde aut animi aut. Id quis corrupti reiciendis quam eligendi vitae dolor. Aut recusandae quibusdam consequuntur quo aut aut quod quia. Molestiae quae excepturi quae voluptas laboriosam rerum qui ut.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...