-7 Exciting Updates to the College House Web Platform You Need to Know

At College House, our dedication to excellence and client satisfaction drives every improvement we make. Over the past two months, we've introduced significant updates to the College House web platform, designed to enhance your user experience and provide actionable insights for the student housing market.

Understanding the Estimated Average Signed Rate on the College House Web Platform

The College House web platform now features a powerful metric—the Estimated Average Signed Rate—to revolutionize how users understand pricing dynamics in student housing.

What is the Estimated Average Signed Rate?
The Estimated Average Signed Rate is a key performance indicator (KPI) that calculates a blended average of lease rates within specific unit types. As rates fluctuate throughout the leasing cycle, this metric provides insights into the actual rates at which beds are signed. This comprehensive perspective enables users to evaluate potential revenue at various stages of the leasing process.

Key Benefits of the Estimated Average Signed Rate:

• Gain clarity on pricing trends across unit types.
• Assess individual property performance at both unit and property levels.
• Optimize revenue strategies based on market behavior.

How to Access It

• Log into the College House web platform.
• Navigate to your desired market and select a property.
• Explore the Overview tab within the Property Card to unlock this feature.

By leveraging the Estimated Average Signed Rate, users can make data-driven decisions to refine their pricing strategies and stay ahead of market trends.

Enhanced Feature: Automated Comparison Tool on the College House Web Platform

Our College House web platform introduces the Automated Comparison Tool, a game-changer for evaluating property performance.

What is the Automated Comparison Tool?
This feature uses property attributes—such as Total Beds, Year Built, Distance to Campus, and Property Type—to create a "comp set" for any property. Each comp set is assigned a Similarity Score, allowing users to easily compare key performance metrics.

Benefits of the Automated Comparison Tool:

• Compare Average Rate, Current Occupancy, and Pre-Lease Occupancy with similar properties.
• Gain actionable insights into your property’s market position.
• Access detailed comparisons directly within the property’s details page.

The Automated Comparison Tool simplifies benchmarking, empowering users to identify competitive advantages and optimize their strategies.

Introducing Enhanced Reporting on the College House Web Platform

Our latest Enhanced Reporting Upgrade takes data analysis to the next level.

What’s New in Enhanced Reporting?

• Improved Reporting Flexibility: Select time frames with ease, refresh reports instantly, and include unit-level bed counts for detailed performance analysis.
• Enhanced Data Interpretation: Reports now feature intuitive outputs, such as percentage and dollar signs, for clearer comprehension.
• Advanced Time Series Logic: Access more relevant data insights for month-over-month and year-over-year comparisons.

Why Upgrade?
Enhanced reporting ensures that every user on the College House web platform can interpret data with clarity, enabling faster, smarter decision-making.

For existing users, this upgrade is available now. Contact us at info@collegehouse.com to unlock these advanced features today!

Additional Updates to the College House Web Platform

We’ve implemented several other updates to elevate your experience on the College House web platform:

• List and Card Views: Switch between a streamlined list view and a visually focused card view for tailored property browsing.
• Full-Screen Map Navigation: Navigate properties in a full-screen map view with satellite imagery, landmarks, and nearby businesses for strategic decision-making.
• Distance to Campus Metrics: Refined metrics now measure proximity to the edge of campus, providing valuable context for property positioning.
• Recent Searches: Access your five most recent searches directly from the global search bar for quick navigation to frequently analyzed markets and properties.

Why the College House Web Platform Matters

At College House, we aim to empower property managers, developers, investors, and students with the tools they need to succeed in the competitive student housing market. The College House web platform is designed to simplify decision-making through intuitive features and actionable insights.

Stay ahead of market trends, optimize your strategies, and explore new opportunities with the latest updates on the College House web platform.

For more information, visit www.collegehouse.com or email us at info@collegehouse.com.