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7 04, 2017

RESO Reminder: New Data Dictionary MLS Adoption Deadline is June 21

By |2018-05-03T21:22:53-07:00April 7th, 2017|Broker-Agent Information, MLS Insights|Comments Off on RESO Reminder: New Data Dictionary MLS Adoption Deadline is June 21

Jeremy Crawford, CEO of the Real Estate Standards Organization (RESO), just posted this vital reminder about the upcoming deadline for MLS Adoption of the Data Dictionary 1.5: It’s less than 80 days away: June 21 is the deadline for every NAR affiliated MLS to have the Data Dictionary version 1.5 adopted. The good news is if you have an earlier version – such as Data Dictionary 1.3 – you can update directly to Data Dictionary 1.5 directly, bypassing the Data Dictionary 1.4. Remember, the Data Dictionary is not a one-and-done proposition: it is a living, growing, always improving standard that needs [...]

1 02, 2017

How Can RESO Make Brokers Money in 2017? Learn How in an Upcoming Webinar

By |2018-05-03T21:22:56-07:00February 1st, 2017|Uncategorized|Comments Off on How Can RESO Make Brokers Money in 2017? Learn How in an Upcoming Webinar

Few people understand industry standards.  “That’s for the computer geeks,” most of us think.  Our busy schedules and our tenacious focus on business priorities rarely allow us to fully understand how standards directly impact us every day. Our ability to easily communicate with one another relies on standards.  Think of computers and operating systems.  Right now, the giants are Apple and Windows.  They each implemented their own standards for communicating between devices. If standards had not been designed and implemented, we would not have cell phones, tablets, laptops and desktops all talking to one another.  Do you remember when Apple [...]

26 01, 2017

Industry First from ABoR, RESO and CoreLogic Trestle Platform

By |2018-05-03T21:22:56-07:00January 26th, 2017|Broker Technology Research, Press Releases|Comments Off on Industry First from ABoR, RESO and CoreLogic Trestle Platform

Tim Dain, MLS Director at the Austin Board of REALTORS (ABoR) is known for being a tech innovator. He can now add creating an industry first to his resume, thanks to the vital support of his forward-thinking Board at ABoR, plus a big assist from Jeremy Crawford, CEO of the Real Estate Standards Organization (RESO). What ABoR announced today busts open a door for real estate tech developers that has locked out the "kid in the garage" trying to develop better real estate software, as well as major franchises developing their own software as they don't have the access to MLS data [...]

11 01, 2017

RESO Standards Adoption Report

By |2018-05-03T21:22:57-07:00January 11th, 2017|Broker-Agent Information, MLS Insights|Comments Off on RESO Standards Adoption Report

The Real Estate Standards Organization (RESO) has driven the most important data solution for real estate brokers over the past year. With support from the National Association of REALTORS®, all NAR® affiliated MLSs (think association-owned) are required to adopt the RESO standard for MLS data. This change compelled CoreLogic®, the nation’s largest MLS provider to make the changes to the MLS data feeds. Zillow Group also jumped into the mix with the acquisition of Bridge Interactive to complement RETSLY. But firms went further, and it‘s good for brokers. Prior to the NAR mandate to adopt RESO data dictionary, every MLS [...]

20 12, 2016

What Is Ahead for Consolidation, RESO, Upstream and Broker Portal

By |2018-05-03T21:23:00-07:00December 20th, 2016|Broker Technology Research, MLS Insights|Comments Off on What Is Ahead for Consolidation, RESO, Upstream and Broker Portal

2016 has been a great year for real estate. On many levels we see the entire industry rethinking. Giving credit where credit is due – this is an initiative that was powered by the National Association of REALTORS® - but morphed into many other things. Consolidation 2016 saw the most rapid consolidation of MLSs and Associations in history. WAV Group worked on many of them. The common drive is the notion that there are “too many MLSs and Associations.” But what we learned from deeper investigation through services reviews and satisfaction reviews is that there were “too many ineffective MLSs [...]

15 12, 2016

Four Brokerage Leaders Join RESO Board of Directors

By |2018-05-03T21:23:00-07:00December 15th, 2016|Press Releases|Comments Off on Four Brokerage Leaders Join RESO Board of Directors

For the past three years, the most impactful development in real estate technology has been driven by the Real Estate Standards Organization (RESO). This nonprofit entity defines how MLS information is formatted for use by agents and brokerage. For years, this board of directors was mostly led by a combination of MLS executives and technology vendors. However, with today’s announcement you can see that brokerage involvement has reached its highest level. But that’s not all, other new executives from many of America’s largest and finest MLSs have also volunteered to step up and participate in guiding RESO into 2017. Executive [...]

10 10, 2016

2017 RESO Board of Directors Nominations

By |2018-05-03T21:23:04-07:00October 10th, 2016|Recruiting|Comments Off on 2017 RESO Board of Directors Nominations

RESO is now accepting nominations for five open seats on the RESO Board of Directors. The RESO Board of Directors is responsible for the governance of RESO and development of the organization’s Strategic Plan. Two Vendor seats are available (Class B-5), for Vendors with revenues over $25 million. Three MLS seats are available (Class C 1-4), for MLSs with fewer than 50,000 members.  All five positions are for a two-year term beginning January 1, 2017. Candidates for the Board must be an employee of a RESO member organization. With the exception of NAR, no more than one person from a given [...]

7 10, 2016

MLSs and Brokers Misunderstand RESO

By |2018-05-03T21:23:04-07:00October 7th, 2016|Broker Technology Research, Broker-Agent Information, MLS Insights|Comments Off on MLSs and Brokers Misunderstand RESO

Our industry is in the dawn of a new day. With some measure of struggle, the Nations’ MLSs and their Vendors have endeavored to adopt a set of standard fields for standardized data transportation from the MLS system to applications that support the real estate industry.  I consider this the dawn of the effort because, for the very first time, MLS adoption of the real estate standards are more strictly mandated by the National Association of REALTORS® MLS Policy. For years, the National Association of REALTORS® supported and funded the Real Estate Standards Organization, which is referred to by its [...]

2 08, 2016

RESO Continues to Expand it’s Influence and Leadership

By |2018-05-03T21:23:10-07:00August 2nd, 2016|Broker Technology Research, Broker-Agent Information, Marketing|Comments Off on RESO Continues to Expand it’s Influence and Leadership

The dedicated staff at the Real Estate Standards Organization (RESO) and thousands of volunteers from companies across the globe have labored away at the arduous task of creating consistent data standards to be used by all MLSs, technology companies and brokerages.  They have set the stage for a ton more efficiency and innovation in our industry. The RESO Data Dictionary is now available through nearly 550 MLSs across the country serving nearly 1.2mm REALTORS® today and the RETS data transportation standard has been adopted by every MLS organization and successfully utilized over the past 16 years since its inception. RESO’s [...]

1 08, 2016

NAR created a new position to work with CMLS, MLSs, RESO, and associations.

By |2018-05-03T21:23:10-07:00August 1st, 2016|Recruiting|Comments Off on NAR created a new position to work with CMLS, MLSs, RESO, and associations.

We would like to share that the National Association of REALTORS (NAR) is accepting applications for its newly created Manager, Multiple Listing Service position.We are looking forward to working with this individual and believe this role will help to grow our cooperative relationship, inform policy development, and keep the MLS perspective part of the discussions.Know the perfect candidate? Help identify the individual that will maximize the potential of this position by passing along this information. A complete job description can be found below along with the link to the NAR job portal where candidates can apply.   Position: Manager, Multiple Listing Service Reports To: Vice President, Board [...]

26 07, 2016

RESO slashes Brokerage membership dues, makes Certification member benefit

By |2018-05-03T21:23:10-07:00July 26th, 2016|Main category, Marketing, MLS Insights|Comments Off on RESO slashes Brokerage membership dues, makes Certification member benefit

The Real Estate Standards Organization – or RESO – just announced two big moves. First, RESO is eliminating separate Certification fees by making all Certifications a member benefit, covered by annual RESO dues effective immediately. Second, beginning in January, Real Estate Brokerages with fewer than 100 agents can become a RESO member for just $50 a year, slashed from $500 a year previously. Membership fees – shown below in the news release issued this morning – have been overhauled for 2017 and takes into account folding in Certification fees, which should be welcomed news for larger MLSs. RESO is pushing hard to get [...]