Going by recent developments in the software industry, a significant number of people are inclined towards open source software, partly because of some of the development benefits attached to it. Others, and in fact most of the open source software users, have only joined the bandwagon because the trend is seemingly popular and most of the applications can be acquired free of charge.

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Interestingly, this trend cuts across the board- including the real estate industry. While some companies distribute proprietary software, others entirely deal in free and open source software products. To a regular inexperienced user, the latter option may seem like a more reasonable one, especially since it’s considerably easy on the pocket. However, what open source software evangelists won’t tell you is that this type of software comes at a cost. That, of course, should worry you especially if you’re a serious property manager who’s keen on safeguarding your overall business interests. So, what are the precise drawbacks of open source property management software?

Property Management Software Open Source

The price tag placed on proprietary software doesn’t just cover the product- it also extends to the subsequent support rendered. You’ll be free to pick your phone and get in touch with the relevant support team in case of any problem. As a matter of fact, some software products even come with money back guarantees in case you are dissatisfied with the product and technical support.

On the contrary, open source software, in most cases, doesn’t come with support as one of the product specifications. In case you’re lucky to get support, chances are that it will not be as thorough and pleasant as proprietary software. And that, of course, has the capability of hurting your property management business, especially if you have an expansive portfolio of properties, which require consistent dedication of all the resources employed- including IT.

Although open source software developers reveal their code to grant other users the privilege of identifying bugs and tweaking the software according to their specifications, malicious users also capitalize on it. They carefully analyze the software, identify vulnerabilities and subsequently try to exploit them. As a result, they could infiltrate your devices, consequently sabotaging your business operations.

With such significant drawbacks, adopting open source software for your business could be considered a very risky gamble. An established real estate manager should understand the importance of investing in a bonafide proprietary software product that’s been extensively tested and proven by relevant stakeholders in the industry.