RESO Real World Standards Adoption and Utilization Case Studies
Welcome to RESO Real World Standards Adoption and Utilization Case Studies for the Real Estate Industry. RESO Case Studies are case studies surrounding real world business and technical adoption and implementation of RESO Standards with a focus on the RESO Data Dictionary and the RESO Web API. Case studies have been created by brokerages, multiple listing services and technology companies that consume real estate data to help the industry understand the real world benefits an organization can realize by adopting RESO Standards for the distribution and/or consumption of real estate data. The case studies provide both business and technical aspects of what it takes and what is realized once completed in implementing RESO Standards manage business needs and challenges surrounding the real estate industry and underlying real estate data.
Adopting the RESO OUID Organizational Unique Identifier
It started with a simple question: How many Multiple Listing Services are there in the U.S.? The problem was up until just a couple of year ago, no one knew what the precise answer was, not even the National Association of REALTORS®, and they’ve been tracking MLSs for decades!
That question spawned a discussion in the RESO R&D Workgroup around creating an Organizational Unique Identifier, or OUID.
This new White Paper reviews how the OUID and its API came about, the business case for the OUID, how it is integrated into the RESO Data Dictionary, as well as the variety of ways different sectors of our industry can use the data.
Open Standards and the Real Estate Industry
What if you could tap a button – like you do to pair a Bluetooth device – and all your MLS data would instantly populate on all your applications instantly? That’s what Open Standards are all about!
The New TRIBUS Case Study: RESO’s Role, Brokers and New Voices
Are you interested in reducing your data aggregation costs by 90%?
Homes.com recently put RESO Standards to the test.
What is the real business value of RESO Data Standards? A new Homes.com Case Study shed some serious light on this subject. They have proven that moving to standardized data and the RESO Web API is saving them thousands of dollars in development time, allowing them to redeploy that energy to more innovative endeavors.
If you doubted the economic value of RESO Data Standards, and haven’t adopted them, that’s akin to reading by candlelight: you can do it, but long-term it’s killing your eyes…Check out the following Case Study to see why it’s time for you to evolve your solution to the RESO Web API as well.
RESO Standards: Are They a Fairy Tale or the Future?
A real-world case study from an emerging technology company: myTheo. Over the years, RESO has wanted to more fully answer a common question prospective members have: What is the real value of RESO to my business? It’s a question particularly vexing for budding, bootstrapped start-up tech firms. When you get past the obvious technical advantages what does it really MEAN to have data standards? What practical ADVANTAGES does a company that is RESO Certified AND connects to RESO Certified data REALLY gain from going down this path? RESO asked myTheo, an emerging technology company, to examine this important question. What advantages does a standardized data feed bring to technology companies and their customers, in reality? In this case study, myTheo provides detailed answers to the questions at hand by moving to RESO standards for consuming data into their real estate applications powered by MLS data from RESO Certified MLSs California Regional MLS (CRMLS) and Midwest Real Estate Data (MRED).
A Bold Move: How RMLS Converted All Its IDX Feeds Over to RESO Data Standards
One of the big challenges that any MLS organization faces is implementing change. No one likes to rock the boat, especially in an industry that has fueled more than one million independent contractors.
It’s hard enough telling someone who is on your payroll that change is about to happen, but when you have to break the news to someone who is contracted to work for you, that’s a whole different story. It’s not easy. Particularly in real estate when you try to make a change in technology that real estate agents use every day to do their jobs.
RMLS, one of the most forward-thinking MLSs in America today, took a bold move when it announced that every one of their IDX suppliers would now only be able to use their 100 percent RESO-compliant officially certified data feed. And RESO isn’t the only one applauding this move—so are brokers and other forward-thinking technology companies.