Archer and Enodo both parse rent rolls and T-12s and underwrite multifamily deals. Archer states a wider workflow: pipeline, broker opinions of value, lender spreading and owner reports, with unlimited users. Enodo states a multifamily-only toolset: parsing, rent comps, an Excel model and data and prediction APIs. Both descriptions come from each company's own site.
Published by Titleman, which makes a competing tool but is not one of the two products compared here. Updated 19 October 2026.
Side by side
| Criterion | Archer | Enodo |
|---|---|---|
| Property focus | Multifamily | Multifamily in the United States |
| Parsing | Rent roll and T-12 parsing | Rent roll parsing from PDF and Excel, and T-12 operating statement parsing |
| Underwriting | Underwriting, including loading your own model | Multifamily underwriting tools, a Rent Survey Assistant with rent comps, and an Excel Underwriting Model |
| Extras | Deal pipeline, market strategy and deal sourcing, broker BOV generation, lender spreading, budgets and owner reports | Market insights on rents, amenity pricing and expense benchmarks; rent prediction; map-based prospecting on one plan |
| Export | An Excel integration that saves parsing and underwriting details to your own cloud | Excel export on one plan, a pre-populated Excel model on another, and a free Excel model |
| API | Not stated on the pages we read | Data and Prediction APIs |
| Users | Investors, brokers, lenders, property managers; unlimited users in contracts | One user account per subscription, more can be added; teams on an Enterprise plan |
| Pricing | Page title says "from 500 dollars a month"; the body gives no figures; annual platform fee plus a usage, deals or unlimited option; custom quote | Three plans (Parse, Compare, Analyze) with monthly and annual prices on its pricing page, plus Enterprise on request |
| Trial | None mentioned | Free trial, no credit card required |
Archer, from its site
Archer says it will "automate underwriting, analyze deals, and track your deal pipeline." The pricing page body shows no figures; the only dollar amount is in the page title. It describes an annual platform fee plus one usage model and states unlimited users. Whether "unlimited" applies to deals depends on the usage option, so ask for that in writing.
Enodo, from its site
Enodo's home page is titled "Automated Underwriting" and lists Multifamily Underwriting Tools ("Upload and analyze PDF rent rolls, generate rent and expense surveys, and underwrite deals"), Data and Prediction APIs, a Rent Survey Assistant, an Excel Underwriting Model, a Rent Roll Assistant and an Operating Statement Assistant. Its pricing page says it covers multifamily real estate in the United States, and lists the Parse plan with unlimited rent roll and T-12 uploads and the Compare plan with comparable property detection. The home page also announces that Enodo and Walker & Dunlop have joined forces, and its footer is dated 2021, so confirm the current product and plans with Enodo before you rely on this comparison.
How to choose between them
Take a multifamily property you already underwrote. Give both tools the same rent roll and T-12. Then check:
- Do unit counts and rents match the source documents?
- Are expenses mapped to the right lines, and does an unusual item get flagged?
- Are rent comps real closed leases or sales, with dates?
- When a figure is unsupported by the T-12, does the tool say so?
- Can you open the result in the spreadsheet your team already uses?
Who should pick which
- A broker, lender or property manager who wants a deal pipeline, BOV generation and unlimited users: Archer, with a custom quote.
- An investor who wants rent comps, parsing, an Excel model and an API they can call from their own application: Enodo, which lists self-serve plans and a free trial.
- A team that underwrites several property types: neither lists that, so look at a broader tool.
Where Titleman fits
Titleman is a third option and not the subject here. It underwrites multifamily and other commercial properties from an address, plus the rent roll and T-12 if you have them, and returns a memo and a live Excel model where each input shows its source and date. A missing document is named as missing. Repeat runs can differ, so read the assumptions. The median underwriting took about 56 minutes (49 finished and charged runs, 30 days to 11 October 2026). See Enodo alternatives.
What neither replaces
- A licensed appraisal where one is required.
- A property condition report and legal review.
- The judgment of whoever signs the investment.
FAQ
What is the difference between Archer and Enodo?
Both parse rent rolls and T-12s and underwrite multifamily deals. Archer states a wider scope (pipeline, broker opinions of value, lender spreading, owner reports, unlimited users). Enodo states a multifamily-only toolset with rent comps, an Excel model and data and prediction APIs.
How much does Archer cost?
The page title says from 500 dollars a month, but the pricing page body shows no figures. It describes an annual platform fee plus a usage, deals or unlimited option, and offers a custom quote.
Does Enodo have an API?
Yes. Enodo's site lists Data and Prediction APIs to query market data, forecast rent and expenses and identify comps in your own application. Archer's pages did not state an API.
Does Enodo have a free trial?
Its pricing page offers a free trial and says no credit card is required. Archer's pages mention no trial.
Does Archer export to Excel?
It lists an Excel integration that saves parsing and underwriting details to your own cloud. Enodo lists Excel export on one plan and a pre-populated Excel model on another.
Does Titleman underwrite multifamily properties?
Yes. It reads the OM, rent roll and T-12 when provided, selects comps, and names missing documents as gaps in the memo and live Excel model.
Written by the Titleman team with AI assistance (Claude). Statements about other companies come from each company's own website or documentation, read on 19 October 2026, and are marked as theirs. Titleman competes with some of the products discussed here.
Sources: archer.re and archer.re pricing page; enodoinc.com and its pricing, Rent Roll and Excel model pages, all read 19 October 2026. Titleman run time: median request-to-delivery for finished and charged underwriting runs, 12 September to 11 October 2026, from Titleman's own production records.