MLS data definitions could spark more apps
RESO 'Data Dictionary' a boon for vendorsBy Andrea V. Brambila, Monday, June 11, 2012.
In a move designed to make it easier for technology vendors to develop streamlined "plug and play" tools for multiple listing services, the Real Estate Standards Organization (RESO) has adopted a standardized set of data terms for the most common descriptions of property characteristics used by industry players.
Data Dictionary 1.0 contains 503 terms using common definitions for property data based on the Real Estate Transaction Standard (RETS), a real estate data standard implemented by RESO and developed for the purpose of facilitating data sharing within the industry.
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