Morrisville, N.C. (PRWEB) September 26, 2012
The Real Estate Standards Organizations (RESO) announces its support of the National Association of Realtors’ (NAR®) efforts to “Green the MLS” through its Green initiative and Green MLS Toolkit. RESO data standards and the RESO Data Dictionary 1.0 now include specific terms for Realtors to display “green” certifications and marketing terms.
“As homes become more energy-efficient and are built to Green certification standards, Realtors need the ability to properly describe those attributes in their property listings. RESO has embraced the Green Initiative by incorporating new terms into the Data Dictionary,” said Rebecca Jensen, RESO chair and CEO at UtahRealEstate.com.
The Data Dictionary 1.0, RESO’s newest work product, is a critical piece in driving the adoption and use of the Real Estate Transaction Standard (RETS), a protocol used by many MLS data exchange service providers for the exchange of real estate data. The Data Dictionary standardizes data terms and values that define the most common descriptions of property attributes in the United States as used by real estate brokers, multiple listing services, and software developers who create applications for consumers and Realtors. RESO data standards and the Data Dictionary provide a framework for data accuracy and consistency for property listings in the industry.
RESO supports MLS’ that wish to include “green fields” and energy-related attributes to their property descriptions by including in the Data Dictionary specific terms for Green Certification and Generalized Green Marketing terms, such as GreenBuildingCertification, GreenEnergyEfficient and GreenSustainability.
Rob Larson, Chair of the RESO Data Dictionary Workgroup and CIO of CRMLS, was co-presenter on the REBAC / NAR® sponsored webinar for Realtors who have been awarded NAR’s Green designation. Laura Stukel, Chicago-area Realtor and Green advocate, co-presented with Larson.
RESO is a recently incorporated 501 (c)(6), not-for-profit trade association committed to delivering proficient data standards to the real estate industry. The RESO goal of making it easier for Realtors® to conduct business by creating universal MLS standards that eliminate redundancies, foster innovation and increase data analysis was a theme throughout the conference. Since incorporating in November of 2011, RESO has gained 63 Charter Member organizations.
About the Real Estate Standards Organization (RESO)
The vision of the Real Estate Standards Organization is to promote and enrich accepted data standards and processes utilized by all professionals in the fully automated real estate transaction through the Real Estate Transaction Standard (RETS). RESO focuses its efforts toward providing an environment for the development and implementation of data standards and processes that facilitate innovation, ensure portability, eliminate redundancies and obtain maximum efficiencies for all parties participating in the real estate transaction. The National Association of Realtors® (NAR®) has been a primary contributor of intellectual property and financial support to RESO since its inception as an all-volunteer body in 1999. RESO incorporated in November 2011 as an independent, not-for-profit trade organization. The RESO membership currently resides at 63 members including NAR®, multiple listing services, real estate associations and industry technology providers.
For more information about RESO, please call 919-459-2070 or visit http://www.rets.org.
RESO is managed by IMI Association Executives, a Morrisville, N.C.-based association management firm. For more information, visit their website at http://www.imiae.com.