Start-up company RoomActually has launched a software platform that could provide an alternative to off-campus student housing. The self-titled solution provides an AirBnB-like option for universities with large number of off-campus students.
RoomActually enables universities to own and manage their communities of landlords, while offering a safe and efficient means to find and pay for off-campus housing.
“Universities are growing more competitive and they need services to differentiate themselves and help students,” says William Keck CEO and Co-Founder of RoomActually. “At the same time, student housing is scarce, difficult to find and hard to manage.”
According to Keck, RoomActually’s new platform is completely free for universities, landlords and students and can be customized to fit the university brand. The solution provides renters with real-time availability, search options, lease signing and offers secure deposits and rent payments online or via mobile device.
The Manhattan-based startup has already seen successful launches of its technology in Europe and hopes that the solution will catch on here in States.
One of RoomActually’s university contracts – which serves 6,500 students and five campuses worldwide – already has 3,000 landlords with listings and over 3,700 total rooms available.
In another implementation, a public-private institution with 40 buildings and 6,500 apartments is using RoomActually to manage housing on campus that is owned and operated by foreign governments. The group processes more than 50,000 applications each year and is leveraging RoomActually’s enterprise application management system to review, accept and process those applications.
RoomActually is a cloud-based system that includes reporting and CRM tools to customize workflows and system integrations. Keck expects to add at least ten new schools in the U.S. – representing an estimated 250,000 students – by December 2014.