Transcript RESO - CMLS
The RESO Data Dictionary Impact on the MLS CMLS Executive Workshop Robert Gottesman, Executive Director Real Estate Standards Organization RESO is at Work • Data Dictionary • Certification and Compliance • RETS Web API − New API geared for mobile devices • Updating RETS 1x Platform • Property Unique Identifier RESO standards are free to use and in the public domain Data Dictionary (The Great Translator) • The ‘Rosetta Stone’ for Real Estate − Globalizes most common fields • Field Names • Data Types / Data Lengths • Definition • No Need to Add Fields − If you have ‘it’ .. Then do it the Data Dictionary way Tangible Benefits • MLS Benefits − Share Prospects, Contacts, Saved Searches − Faster/easier transition to new MLS Systems • Broker − Less investment interfacing with multiple MLS • Agent − New Software and Updates available in days (rather than months) − Greater Software Selection (… Data Dictionary) What’s Happening ‘Now’ with the Data Dictionary • Getting Feet Wet − Data Dictionary 1.3 − All loose ends complete .. Ready to deploy • Early Adopters − 10+ MLS are working on next steps • In Beta with RETS 1x and Web API • 4. RESO members here?? (… Data Dictionary) Implementing Data Dictionary • Recommended Steps 1. Data Dictionary Starter Kit 2. Meet with MLS Committees & MLS System Provider 3. Transition Plan 4. Implement in Test Site 5. Announce Changes to Brokers, Agents, Vendors 6. (and finally) .. Production (… Data Dictionary) Hurdles to Overcome • MLS carries the Burden • Areas of Impact! − Changing Data Types − Changing Data Lengths − Changing Lookups • When do we see the Benefits? − Not until many MLS convert • Goal: 100% Adoption Step #1 - Starter Kit • So what is a Data Dictionary Starter Kit? − Spreadsheet that helps map your MLS data to the Data Dictionary • Where can I get the Starter Kit? − [email protected] .. Or www.reso.org • What do I do when I’m done? • Where can I get help? Supporting Standards • Add RESO Standards to .. − MLS Provider Contracts − IDX / 3rd Party Subscriber Agreements • Join RESO, Become a Member! − Stay ahead of the game • Participate in Active Workgroups − Network with Industry Leaders & Technology Experts − Keep Standards moving forward What’s Next … • Takeaways − Start a Data Dictionary Conversation − Download Data Dictionary Starter Kit − Make your MLS Data Dictionary Compliant! − Promote RESO standards • Make a Difference!