Collecting and managing security deposits is time-consuming and high-stakes. Roost automates deposit intake with integrated payments, escrow banking, and interest management—reducing delinquent move-in deposits, ensuring compliance, and saving your team hours every week.
Residents can choose from multiple payment options and share payments with roommates. Roost posts payments to the ledger and notifies your team, with fraud protection, NSF shield, and charge-back management included.Banking options include FBO accounts and escrow for your property.
Our SmartCompliance process reviews your property by jurisdiction to advise you on process including payments, holding/co-mingling, interest regulation, notification requirements and more helping you stay compliant. Automatic notifications keep your team updated on refund deadlines.
Empower residents to track their refund and interest details with ease, and choose the fastest refund option, including split payments. This not only improves their cash flow and financial well-being but also simplifies the deposit process for property managers, leading to higher resident satisfaction.
Promote financial wellness
Flexible service configuration by property
Support beyond the refund
Roost notifies and collects refundable deposits, including security, pet, and more. Residents have flexible payment options. All payments post to the resident ledger.
Funds are held in an FBO account on your behalf, in-state as required. Escrow and trust account options available.
Roost manages interest accrual and payouts for you and your residents.
Refunds are automatically processed and paid out by resident preference. Roost closes the invoice, posting payments to your ledger.
Detailed deposit reconciliation reports enable you to tie out beginning and ending month balances and all transaction details. Bank statements are also available.
If a refund is late due to our oversight, we cover the cost.
Start with a no-risk pilot or talk to our team.
