RESO creates efficiencies in real estate transactions through the development of tools and information resources. In addition to standards specifications for building technology, RESO publishes white papers that illuminate the state of real estate data, as well as case studies that document standards-related technology implementations and outcomes.
Three new products are being released this fall to help real estate organizations make data-driven decisions by using RESO’s unique industry technology information resources.
White Paper – Real Estate Data Sharing and Alignment
There are many ways to create efficiencies by combining real estate data sets, one of which is data sharing initiatives between MLSs. Data shares are not always the right answer for a given organization’s needs and can be difficult to scale as participating organizations and their technical systems grow in number. But they are prevalent and worth understanding. In any collaboration, the role of standards in aligning combined data is a critical knowledge point.
This white paper was developed in partnership with companies that have built and managed data share initiatives, from technology vendors to MLSs to trade organizations. Their experiences provide insights into the potential benefits, significant challenges and decision points for organizations seeking to combine multi-market data through a data share or an alternative method. | READ MORE
Case Study – Triangle MLS: Accelerating Product Choice Through Standards
Triangle MLS recently managed a transformational technology shift. With a goal of creating more product choice for customers, the organization overhauled its back end data foundation. This empowered their data to integrate seamlessly with the three MLS software front ends: FlexMLS by FBS, Matrix by CoreLogic and Paragon by ICE (formerly Black Knight).
Triangle MLS built a more valuable and consistent experience for their professional and consumer customers by using end-to-end RESO standards on its platform. The result has been higher engagement with vendors and customers, with new capabilities to adopt technology at a pace not possible before. | READ MORE
RESO Alignment Reports from RESO Analytics
These reports take published data from the RESO certification process and organize it into practical, actionable visualizations and comparisons. Alignment Reports save organizations significant time in constructing comparative data frameworks, allowing technical staff, data analysts and business management to focus on the critical details necessary to make their data collaborations work.
A data provider can compare how its data looks in different technology products to improve product planning and decision making for future integrations and upgrades. They can also compare their data sets with potential data partners to see where their information will align for collaborative initiatives. | READ MORE
Your Trusted Industry Information Resource
RESO was founded to create and ensure utilization of data standards and processes that maximize efficiencies for all parties in real estate transactions. The organization has an uncommon role as a trusted resource for objective industry information.
By allowing RESO to better support the industry’s service providers with powerful tools, RESO’s members are the source of this research’s value. By illuminating the reality of industry opportunities and challenges, RESO members are better able to implement improvements that serve their customers.
