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Case Studies & White Papers

RESO Case Studies and White Papers surround real world business and technical adoption as well as implementation of RESO Standards with a focus on the RESO Data Dictionary and the RESO Web API.

They have been created by brokerages, MLSs 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.

These 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.

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, how do we measure the performance of that listing online?

Agents want to be able to inform their consumers about their overall listing exposure to potential buyers and compare the effectiveness of their advertising platforms.

RESO’s new Internet Tracking Summary Report provides 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 THE “INTERNET TRACKING SUMMARY FIELDS” PAPER

Moving to Replication via the RESO Web API

They presented at our 2019 Fall Conference on the “Web API: Opportunities, Challenges, and the Next Generation of Real Estate Data”.

Make sure you check out this case study collaboration with Showcase IDX! |  READ “IT’S INEVITABLE: MOVING TO REPLICATION VIA THE RESO WEB API”

Adopting RESO Standard Green Verification and Power Production Field Collection

The New England Real Estate Network, a regional MLS with more than 9,700 subscribers, and their former Director of Marketing & Communications, Meg Garabrant, were kind enough to work with RESO staff to put together a white paper with clear explanations and detailed examples of how they adopted the RESO standards for Green Verification (GV) and Power Production (PP) field collections.

As real estate data standards continue to become more comprehensive and mature, and as they gain adoption momentum in the marketplace, it is important that MLSs keep up. Similarly, as data elements such as 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 a commonality to 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. | CHECK OUT THE COMPLETE WHITE PAPER, “THE (GREEN) DATA EVOLUTION”

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!

This White Paper discusses more about these standards and their significance in the industry. CHECK OUT THE RESO WHITE PAPER “WHY OPEN STANDARDS ARE VITAL TO THE REAL ESTATE INDUSTRY”

The TRIBUS Case Study: RESO’s Role, Brokers and New Voices

We collaborated with brokerage technology provider TRIBUS to better understand the practical value that standardized data can deliver to real estate brokerages.

We wanted to dive deeper to better understand the vital role that technology partners perform in addressing many of the crucial challenges that brokerages face today. More importantly, we wanted to put a spotlight on our findings and share them broadly. | SEE THE FULL CASE STUDY “HOW RESO IS SPARKING BROKER SUCCESS: SUPPORTING BROKER EXPANSION, EFFICIENCY AND PRODUCTIVITY”

Are you interested in reducing your data aggregation costs by 90%?

Homes.com 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. | VIEW “RESO IS LIGHTING UP $1 BILLION IN SAVINGS FOR THE REAL ESTATE INDUSTRY”

 

DLU January 12th, 2021