At the RESO 2017 Spring Summit in Austin, Texas, Paul Stusiak, Falcon Technologies President and Chair of the RESO RETS (Real Estate Transaction Standard) Workgroup, summarized the latest improvements to RETS with the release of RETS 1.9. Many of the same updates for the RESO Web API were incorporated into RETS with the latest release. RETS 1.9 brings everything up to the current standards so people using third-party libraries and the latest security devices will be able to use them successfully going forward.
Because the Web API is RESO’s future, Stusiak noted that RETS 1.9 would add a standard way to express geospatial search, as well as a package for developers who have already implemented the Data Dictionary. He noted that developers may be able to take that work and apply it directly back to their RETS servers. This way, he said, it could help make the transition to Web API faster and a little easier. He also noted that the GetPayloadList function was removed, as it was unused.
RETS Workgroup Retires
Stusiak’s big news was that after more than 18 years, the RETS Workgroup has completed its final release with 1.9, and the workgroup would be retired since there “is no more business to transact.” Members will apply their talents to other RESO workgroups. RETS has served the industry remarkably well, but the Web API is a terrific upgrade.
“I think everybody has come to understand that the focus for the future is on the Web API,” said Stusiak at the conference. “And if a member comes up with a critical (RETS-related) problem, the board can still decide to charter a new workgroup to deal with that particular problem,” he explained.
RETS Reflection
Cary Sylvester, Keller Williams and RESO Officer, also at the Spring Technology Summit, reflected on the role RETS has played since it was launched in 1999 when RESO was part of the National Association of REALTORS®, before it became a separate and completely independent nonprofit open source standards organization.
“RETS has done amazing things,” she told the sold-out summit. The RETS framework – used across the U.S. and Canada, as well in various markets worldwide – indeed makes the real estate technology industry work. It has done a Herculean job of facilitating the exchange of data.
Future in the Web API
But as Sylvester notes, a new era is upon us. “We have now gotten to the point where it is time to sunset the RETS Workgroup,” she said, and then teasing the audience, “Does that mean RETS is dead? No, RETS is not dead.”
The terrific analogy that she gave was this: “Think about it like (Adobe) Flash. It’s no longer developed, but it’s still running, and a lot of people still keep running it. And that’s okay.”
So just like Adobe isn’t going to be developing on Flash, RESO is not going to be developing on RETS.
Said Sylvester, “We just need to set our sights on where we need to go. RETS is not dead, because it’s not dead until you quit using it. But we are not going to extend it further. We are going to focus on the RESO Web API.”
APIs make things faster, more accurate and easier for developers. In the end, this will lower investment and maintenance costs, and that’s a good thing for everybody.
Only at RESO Conferences
The announcement of the final rollout of RETS at the Spring Summit is a great example of why the RESO conferences have become one of the hottest tickets among all real estate conferences. Conferences feature current trends and discussions relevant to both business-minded people and technology-minded people.
