RETS it all about?

RETS is the Real Estate Transaction Standard. It is an open standard for the exchange of real estate information. It is an effort spearheaded by the NAR to facilitate the access and movement of MLS information. Many vendors, brokers, agents, MLSs, vendors and providers have already successfully implemented RETS-compliant solutions.

There are many benefits to RETS

- Reduced time-to-implement for real estate solutions
- Reduced operating expenses
- Better service levels
- Allows for interoperability

On the www.realtor.org website, there is a page recommending that various players in the real estate arena take the following actions regarding RETS.

Brokers
- Ask if your vendors are RETS compliant
- Does you MLS offer a RETS compliant solution?

MLSs/Associations
- Implement a RETS compliant solution
- Ask your vendor if they are RETS compliant

Solution Providers
- Ask your current and prospective customers if they offer a RETS compliant server.

MLS System Vendors
- Find out the advantages of being RETS compliant
- Learn more about RETS at the next RETS meeting.

More about RETS coming soon.