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Yardi Matrix Review (2022 Update): Everything You Wanted To Know!

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Updated: November 28

By: Scam Risk - Expert Reviewer

Yardi Matrix

If you are unable to apply for jobs that need you to take calls from home due to unconquerable background noise, you may want to look into conducting rent surveys for Yardi Matrix.

Your task is to collect data for Yardi Matrix, which will be used to verify the precision of their listings for various apartment communities.

This Yardi Matrix review will discuss how you can join, how much you can earn, its requirements, and whether it’s a scam or not.

But before that…

DISCLAIMER:
This Yardi Matrix Review has been thoroughly researched with information and testimonials that are available online to anyone in the public. Any conclusions drawn by myself are opinions.

Table of Contents

Pros: What I Liked

  • Flexible work schedule
  • Provides manual
  • Background noise is accepted
The Good

Cons: What I Didn't Like

  • Not as easy as it seems
  • No formal training
  • Payment complaints
The Bad

There are countless information courses floating around the internet. Why? Because for every problem that exists, someone claims to have the solution.

And that solution is usually some oddball money-making system that tells you how to turn a casual interest – or maybe something you’re super passionate about – into sustainable, reliable income.

Just like Yardi Matrix. Here’s the hard truth, though…

Most of these programs:

  • Take way more time than you’re led to believe
  • May have hidden fees
  • Require you to buy multiple upsells in order to get the “real” information

But most importantly, a lot of these programs just don’t scale.

“Scale” means once you do the work to make a little money, it should get easier to make more money, not harder.

The problem is, most programs out there make it hard to make money at first and even harder to keep making money.

In other words, you might be able to make some money in the beginning, but it won’t be sustainable, and you’ll end up getting discouraged.

This is the exact opposite of passive income.

When income is truly passive, you do the work upfront, but then you set it and forget it. The money gets made whether you’re working or not. It’s not directly tied to the hours you put in.

So, what if there was a way you could build a passive income stream that’s actually passive?

An income stream that doesn’t require:

  • Inventory
  • Selling to friends and family
  • Selling to strangers
  • Recruiting people
  • Dealing with questionable products that weigh on your conscience

An income stream that brings in consistent monthly revenues (from a couple of thousand dollars to well over $10,000)?

An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day chasing, selling, or managing anything?

If that sounds like something you’d be interested in, check out Digital Real Estate. 

TESTIMONIAL - STILL GETTING PAID

This is nothing like Yardi Matrix, and that’s probably a good thing.

However, if you’d still like to know more about Yardi Matrix, keep reading.

What Is Yardi Matrix?

What Is Yardi Matrix

It’s no secret that Yardi Matrix has been around for quite some time. Established in March of 2000, they were initially known as Pierce-Eislen. In July of 2013, Yardi Systems Inc. made an acquisition, and the company became known as Yardi Matrix.

The real estate and property management sectors can benefit from Yardi Matrix, a customer relationship management system. It’s a data and research platform for the commercial real estate industry designed to meet that sector’s demands. It provides data for the preliminary underwriting process, property prospecting, and asset management processes.

Owners who are just starting the disposition process, and buyers actively in the acquisition market, are good targets for this. A professional property manager can benefit greatly from the critical data the Yardi Matrix service provides. It finds other projects in the development pipeline for the market or the nearby area and assesses the demand and supply ratio.

Investment professionals, equity investors, industry professionals, lenders, and property managers who underwrite and manage investments in multifamily and student housing with a detailed unit mix, industrial, office, and self-storage properties can all benefit from using Yardi Matrix, which bills itself as the industry’s most comprehensive market intelligence tool.

By identifying the appropriate person to contact at each property, Yardi Matrix speeds up the process of contacting prospective customers. New construction, sale activity, rental market circumstances, and apartment inventory status are just some of the data that Yardi Matrix makes available, along with details on the status of lenders and trustees, among other things.

Yardi Matrix analytics provides up-to-date information on the commercial real estate market, including accurate predictions and forecasts based on in-depth analysis. Read their free national and market reports, special research bulletins, and webinars to uncover actionable business insights and start well-informed investment decisions.

What Are The Job Requirements?

You’ll need access to fast internet, great phone manners, and an unlimited long-distance contract. Since no sales are involved, you may accomplish this from the comfort of your home without prior experience in customer service.

Some training is required, but it’s just asking some simple questions.

Yardi Matrix isn’t like other work-from-home gigs that make you worry about things like loud kids or a dog barking in the background.

Posing as a potential apartment tenant is the greatest way to get the information you need for your Yardi Matrix job. Therefore, background noises are encouraged as they enrich the realism of the setting.

How Do Yardi Matrix Rent Survey Jobs Work?

How Do Yardi Matrix Rent Survey Jobs Work

To perform your job duties at Yardi Matrix, you must make phone calls to various residential complexes to conduct surveys. The catch is that you cannot reveal your true identity as a Yardi Matrix surveyor or employee. You must act like a potential tenant.

The work itself is straightforward, but you’ll need to spend some time and effort to learn specifics about the properties you’re inquiring about. You will inquire about their rates, available discounts or deals, policies, and more.

Like, do they allow pets? You’ll have to perform convincingly as a prospective apartment tenant if you want to avoid having your contact person hang up on you when they find out you’re merely doing a survey.

How To Join Yardi Matrix?

How To Join Yardi Matrix

Send an email with your resume attached if you’re interested in working as a rent surveyor for Yardi Matrix.

If you are selected for an interview, you will receive a PDF handbook/guide detailing your responsibilities as a Surveyor at their company. Please read this manual/guide carefully and prepare for the accompanying examination.

The waiting game begins once you send in your exam answers. They will contact you in a few days to update whether you passed or not.

How Much Can You Earn?

How Much Can You Earn

Rent surveyors at Yardi Matrix are compensated as follows:

  • $6.00/hour
  • $0.50/survey marked Done
  • $0.30/survey marked Wrong Number
  • $0.20/survey marked Part Done
  • $0.07/survey marked Answering Machine
  • $0.07/survey marked No Answer

As an independent contractor, you are entitled to your state’s minimum wage (per hour). Your base hourly salary will be increased by the applicable fees stated above.

Yardi Matrix Reviews

Yardi Matrix Reviews

One reviewer claims that Yardi Matrix used to pay $10 per hour but has since reduced that to $6. As an additional example, they used to pay 60 cents for completed surveys but have since reduced that to a mere 50 cents. And she claims that Yardi Matrix used to award incentives for completing 104 surveys weekly. At the present moment, there are 130 of them.

It seems there is no orientation or training period. It has a manual that should provide most of the necessary information.

On the other side, one customer commented that the apartment data Yardi Matrix has provided over the years had given the organization accurate and timely insights into the success of the local market.

Is Yardi Matrix A Scam?

Is Yardi Matrix A Scam

So, is Yardi Matrix a scam? Not technically. You can make money with this program, but it’s definitely not as easy as they make it sound.

There’s a ton of work to be done upfront, no real guarantee of success, and – most importantly – it doesn’t scale.

Now, there’s nothing wrong with front-loading the work and making the money later.

But if you’re grinding it out for 3 months, and then your reward is being forced to grind it out for another 9 months before seeing any “real money,” well…that’s not a great deal, is it?

What if, instead, you could do that same 3 months of work (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month?

And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?

And what if you could double it next week?

Well, that’s the power of Digital Real Estate

And you can legitimately do this from anywhere. It’s a true lifestyle business.

Your laptop and an internet connection are all you need.

Some of the most successful students in this program run their entire 6-figure businesses from:

  • A camper in the middle of the woods
  • A beach chair on the water in Mexico
  • A small villa in Greece

TESTIMONIAL - SAYING GOODBYE TO OUR JOBS

They’re able to travel around, living their lives first, and focusing on their income second.

Because even if they stop working for an extended period of time, the money keeps coming in.

So adventure, memories, and experience are the top priority.

And they never have to worry about how to pay for the next trip, or consider asking for time off.

If this sounds more like the type of life you want to lead, just click here to find out more about Digital Real Estate.

Are There Alternatives To Yardi Matrix?

are there alternatives

Yes, there are plenty of Affiliate Marketing programs and resources to choose from if you want to pursue this business model.  Here are just a few:

What Is My Top Recommendation For Making Money In 2022?

Digital Real Estate

Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.

While there may be no “perfect business,” the research IS conclusive:

Digital Real Estate is the #1 online business model for those just starting out.

Whether you’ve never made a dollar online or been in this space for a while but never really “made it,” Digital Real Estate is for you.

Why?

1) It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full-time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Real Estate business.

And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.

Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.

This is only possible if you have an income stream that’s not tied to your time.

TESTIMONIAL - JUMP ALL IN

2) You Own & Control EVERYTHING: With Yardi Matrix, you don’t really own anything. You have no control over the quality of products. You don’t even own your “business”.

Look at the fine print for most of the agreements folks sign when they join one of these companies. At any point, the company can change your commission structure, reduce your profit margins, or kick you out entirely.

With Digital Real Estate, you own the assets, which means you have all the power and all the control.

TESTIMONIAL-FEELING-BLESSED

3) Little To No Startup Costs: It’s possible to get into Digital Real Estate with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work.

Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.

TESTIMONIAL-SCOTT-LEAD-GEN

4) No Inventory: Alright, so most Yardi Matrix doesn’t make you buy the products and fill your garage with them anymore (unlike the good ol’ days), but you’re still in a physical products business.

And physical products always have physical limitations. Even if you don’t have to manage the inventory, you still have to deal with supply chain shortages that cause major delays.

Imagine finally landing your first customer and losing them after one sale because they had to wait 6 weeks to get their order. With Digital Real Estate, a 100% online business, you never even have to think about that risk.

Lance Lead Gen

5) Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple of keystrokes, and a single phone call (and you don’t actually need the phone call).

Remember: each Digital Rental Property is worth $500 to $2,000 monthly in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.

Because you have more knowledge, more experience, more results, and more momentum.

If you wanted to double your income with Yardi Matrix, you’d probably need to double the number of hours you spend working. Because, again, this program doesn’t scale.

TESTIMONIAL - ANNA DONE DEAL

6) Make Money Helping Real People: With Digital Real Estate, you’re actually helping people by solving your clients’ biggest problem:

Small, local businesses need more customers, and with Digital Real Estate, you are unleashing a flood of happy, paying customers for these businesses.

You make money by helping them make money.

Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.

Once you see how Digital Real Estate makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.

TESTIMONIAL-BOSS-OF-MY-FUTURE

Now, the choice is yours. You could continue browsing, looking at opportunities like Yardi Matrix which could one day make you money.

You could continue researching, never making a decision.

OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms, thanks to Digital Real Estate.

A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.

All while genuinely helping real people who are grateful and happy to pay for it.

If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Real Estate.

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