RMLS™ is Awarded RESO Data Dictionary Certification

PORTLAND, OR (August 10, 2015)—Regional Multiple Listing Service (RMLS™), the northwest's largest REALTOR®-owned multiple listing service, announced today that they are now in full compliance with the Real Estate Standards Organization (RESO) Data Dictionary version 1.3. RMLS™ is the fifth MLS in the United States to convert and certify against this rigorous set of standards.

The RESO Data Dictionary has been dubbed the industry's 'Rosetta Stone' and serves as the real estate industry's standard for defining real estate listing data so that data gathered by hundreds of MLSs across the nation will eventually "speak" the same language" said Jeremy Crawford, Executive Director of RESO.

Using a common standard will foster innovation and help create a "plug and play" environment, where REALTORS® could purchase software and use it with data from any MLS operating on the RESO standards.

"Implementing a national set of data standards is vital to the real estate industry as a whole, saving time and money," RMLS™ President and CEO Kurt von Wasmuth said. "MLSs, vendors and other parties can develop single-product solutions that can be more easily implemented across the nation once more systems have been converted."

About RMLS™

Regional Multiple Listing Service (RMLS™) is the northwest's largest REALTOR®-owned multiple listing service, serving approximately 11,800 real estate professionals in over 2,400 offices throughout Oregon and Southwest Washington. RMLSweb, the RMLS™ database used by these REALTORS®, holds an archive of over 1.4 million real estate listings including around 25,700 active listings and over two million tax records. RMLS™ provides regional real estate data to REALTORS® and other parties through its monthly newsletter Market Action.

About RESO

Real Estate Standards Organization (RESO) actively develops, adopts and implements open and accepted data standards and processes across all real estate transactions. RESO provides an environment for the development and implementation of data standards and processes that facilitate software innovation, ensures portability, eliminates redundancies and obtains maximum efficiencies for all parties participating in real estate transactions.