Since its release back in 1999, RETS or Real Estate Transaction Standard was the best technology available for MLSs in the real estate industry. Nowadays, RESO or the Real Estate Standards Organization is the norm, providing MLSs with the technology to enable safe, fast, and seamless data transfers between different systems.
All MLSs owned by REALTOR switched to the RESO technology standard back in 2016, enabling developers and programmers to create friendlier and faster apps and websites.
Let’s take a look at a few of the benefits the RESO Web API has to offer.
Streamlined Data Transfers
The RESO Web API uses an application programming interface, which in turn allows users to search and import through an MLS directly when looking for a real estate listing.
Less Maintenance Cost
Since you have a more straightforward system with a unified data structure, the maintenance costs go down. In the long term, any data changes from the MLS will not require large scale redevelopment.
The RESO Web API packs the rules and processes used to retrieve data from the MLS in a single component.
Once MLS complies with the RESO standard, it allows developers to create automated third-party real estate apps. MLS Import is an excellent example of such an application.
Our plugin allows you to connect your MLS, which is RESO standards-compliant to your favorite Real Estate WordPress theme.
Switching from RETS to the newer and better RESO system can be done promptly. There is also a growing development community built around the RESO Web API, making it easier to overcome any problems you may encounter.