White Papers
RESO white papers explore the state of real estate industry technology, current data topics, and the related role of RESO standards, highlighting the products and services that RESO offers.
These publications provide the business and technical aspects of industry pain points, available tools, how problems can be solved.
Real Estate Data Sharing and Alignment
Data shares between MLSs are prevalent, complex, and diverse. This 2024 white paper includes an interactive map of the current MLS data shares in the US, visual breakdowns of different data share models, opportunities, challenges, and decision points for industry organizations considering data collaborations. | READ MORE
Unique Licensee Identifier (ULI)
Data inaccuracy across systems is caused by a lack of an industry wide identifier for licensees. State licenses, association IDs and MLS IDs do not convey a single identifier that creates consistency across systems and geographies.
Customer IDs are often duplicated to accommodate MLS access needs, and this problem is compounded when individuals work across state lines. Licensee listing, sales and roster information across MLSs, advertising portals, associations, franchisors, broker back office tools and services providers are disjointed and unnecessarily complicated.
The RESO Unique Licensee Identifier (ULI) is a model to solve this problem by providing a unique ID for every licensed real estate professional, linked to all real estate licenses held, creating efficiency and clarity across all technology systems. | READ MORE
Internet Tracking Summary Fields
When a real estate agent posts a listing for sale across the Internet’s vast range of MLS, agent and consumer-direct tools, that performance can be measured. Agents want to be able to inform their customers about their overall listing exposure to potential buyers and compare the effectiveness of their advertising platforms.
This 2020 white paper on RESO’s Internet Tracking Summary Report covers that opportunity. By displaying the engagement statistics about a listing’s performance on each Internet outlet that the listing is advertised on, agents and consumers can have candid conversations about where their listing promotion is most effective in reaching buyers. | READ MORE
Adopting Green Verification and Power Production Fields
As data elements like green fields become more important to consumers who are making purchase decisions based on the information contained in those fields, it is important that there is commonality in how that data is presented.
The presence of a common schema is critical for interoperability and technology advances in the marketplace. It can help reduce perceived risk for MLS members, provide more comprehensive data to the market, increase buyer confidence, shorten days on market, increase potential for a higher selling price, and provide critical information for the appraisal and financing of these properties. | READ MORE
Open Standards and the Real Estate Industry
What if you could tap a button – like you do to pair a Bluetooth device – and all of your MLS data would instantly populate on your applications instantly? That’s what open standards are designed to support.
This 2018 white paper discusses more about these standards and their significance in the industry. | READ MORE
Case Studies
Case studies document the experiences of technology companies, brokerages, MLSs, and trade organizations that employ RESO standards to improve their business outcomes in the distribution, consumption and utilization of real estate data.
These studies discuss business and technical implementations of RESO standards with a focus on the RESO Data Dictionary, the RESO Web API and unique identifier standards.
Doorify MLS (Formerly Triangle MLS): Accelerating Product Choice Through Standards
Innovation across the MLS technology space is bringing flexibility and opportunities to modularize the systems that serve real estate brokers and agents. Doorify MLS’s overhaul of its systems to provide a standardized data foundation and a plethora of new technology interfaces and tools for its customers is illuminated in this 2024 case study. | READ MORE
How Standards Accelerate Proptech Startups
RESO standards enable new tech companies to offer more robust and scalable products than they otherwise would have without standards. Perchwell CEO Brendan Fairbanks presented evidence of this concept while talking about how proptech startups can use standards to overcome integration and scaling challenges. | READ MORE
Acquiring Listing Media via Web API
What started out as a video marketing project between Restb.ai and AMP Systems quickly evolved into a video-creation tool for real estate thanks to the RESO Data Dictionary and Web API. | READ MORE
Getting Rental Listings Into MLSs
Rentals have traditionally been underserved within MLSs. Rental software companies, MLSs and MLS providers are looking to change that. Integrating rental listings into the MLS with standardized rental data will help increase the volume and speed of listing activity for rentals. Including rentals in the MLS delivers more value to consumers by creating a legitimate and proven source of truth for listing data. | READ MORE
Moving to Replication via the RESO Web API
Prior to being acquired by Constellation1, another important RESO partner, Showcase IDX presented “Web API: Opportunities, Challenges and the Next Generation of Real Estate Data” at a RESO conference in 2019. | READ MORE
RESO’s Role, Brokers and New Voices
We collaborated with TRIBUS, a brokerage technology provider, to better understand the practical value that standardized data can deliver to real estate brokerages.
In 2018 we took a deep dive into the vital role that technology partners perform in addressing many of the crucial challenges that brokerages face today. | READ MORE
Reduce Your Data Aggregation Costs by 90%
Homes.com put RESO standards to the test by asking about the real business value of data standards in this 2018 case study. They were able to prove that moving to standardized data and the RESO Web API saved them thousands of dollars in development time, allowing them to redeploy energy to more innovative endeavors. | READ MORE
