Top 12 Multifamily Tech Stories: E-brokers, Acquistions, and More

LoopNet’s acquisition of Reaction Web heads off a list of the 12 most intriguing multifamily technology news bites of the past month.

16 MIN READ

Credit: LoopNet, Inc.

12. WilliamPaid Eases Roommate Rent Payment Tensions

Chicago-based WilliamPaid, an online resource for renters and roommates, launched on March 10 with its namesake Web site WilliamPaid.com, which offers tools for making rent payments, managing roommate relationships, and building personal credit via reporting of rent payments to the major credit bureaus. The Gen-Y targeted Web platform allows for online rent payment, management and splitting of rent payment collections between roommates, and cash-back rewards for friend referrals. For users opting to funnel cash rewards into student loan debt repayment, WilliamPaid offers a 10 percent match. “WilliamPaid compliments existing social media platforms to offer a hyperpersonal roommate relationship experience,” says WilliamPaid CEO Evan Silverman. “For many, rent is a sensitive topic due to financial issues and roommate disagreements. We provide flexible payment options to relieve financial strain as well as a medium for roommates to communicate about and monitor rent payments without face-to-face conflicts or ‘text message stress.’”

Editor’s note: E-mail your multifamily technology news to cwood@hanleywood.com.

About the Author

Chris Wood

Chris Wood is a freelance writer and former editor of Multifamily Executive and sister publication ProSales.

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