Let’s take a ten year Throwback Thursday ride back to April 18, 2012, as we approach the RESO conference in Sarasota (Florida), October 25-27.
You can see the amazing progress made in the past decade by reading through the 2012 goals. We look forward to helping the industry run more efficiently, reducing redundancy, and saving our members’ valuable time.
DELIVERING DATA STANDARDS to THE REAL ESTATE INDUSTRYPresented by Rebecca Jensen (RESO Board ChairRESO CONFERENCE), CHICAGO – APRIL 18, 2012.
PURPOSE of RESORESO shall create, adopt, and implement open and acceptable data standards and processes across all real property transactions. It will provide an environment for the creation and implementation data standards and processes that facilitate software innovations, ensure portability and eliminate redundancies, and achieve maximum efficiency for all parties involved in real estate transactions.
WHY STANDARDS
Electronic Transactions
Foster Innovation
Play and Learn
Reduce your costs
Increase Data Analysis
Benefits for all involved in real estate transactions
RESO was able to prove all of these points and went on to achieve their goals.
WHAT HAS THE PAST YEAR BEEN LIKE?
RETS 1.8 Ratification
Data Dictionary
Officially Incorporated
Service agreement with NAR
Intellectual Property Agreement
48 Charter Members! !
Strategic Plan
Transport Workgroup created
2 Conferences Hosted
Since then, we have moved from RETS (real estate only) to the more general technology standard of Web API 2.0. We are currently working on Data Dictionary 2.1. We have over 650 members, 20 workgroup/subgroup counts, and we host two successful conferences each year, even remotely during a pandemic.
2012 RESO BOARD of DIRECTORS
Steve Byrd, Carolina MLS
Art Carter, CRMLS
Chad Curry, NAR
Duane Fouts, HomeSmart Real Estate
Rebecca Jensen, UtahRealEstate.com
Mark Lesswing, NAR
Chip McAvoy, CoreLogic
Robert Overman, ShowingTime
Robert Toothaker, CB Richard Ellis
ListHub, Mark Wise
Jeff Young, RPR
WHAT’S NEXT?
Develop and approve Next Generation Data Standards (Data Dictionary Approval; Transport Workgroup Created).
Collaboration with other standards bodies (OSCRE/ECMA / ISO).
Business Process to Identify & Prioritize Industry Needs (Universal IDs, Saved searches, Syndication Analytics Rental, Media Support, Media Support, Digital Watermarking Security, Conversion Tools).
Implementation and Launch Plans (Support ReSO Through Adoption, Build Community, Compliance Checker)
RESO members need to be asking “What’s next?” in an ever-changing technological landscape.
SUPPORT RESO
RESO was followed by technology and real estate organizations. This is why RESO is a respected advocate for technology standardization and order in the industry.
BENEFITS OF RESO
Vote and have a say in the future of real-estate standards
Support the development and implementation standards for your industry by getting involved
This is still true. We are able to move forward because of your participation in RESO conferences, workgroups, and other related conversations. Without you, we couldn’t do this!