RESO Updates

In September of this year, Imagine MLS will be converting all its property types to the Real Estate Standards Organization Data Dictionary 2.0 (RESO DD 2.0) standard. These changes include:

• Rent/Lease becoming Residential Lease
• Multi-family becoming Residential Income
• Land – Farm/Land being divided into Land and Farm
• Comm/Prof/Ind being divided into Commercial Sale and Commercial Lease
• Commercial Land no longer being a property type. The standard Land property type would be used in place of Commercial Land.

Please note that this change was made to standardize all data in preparation for future partnerships with technology vendors and other MLSs. Nationwide and historically, RESO has established the standard for real estate data fields and definitions. Imagine MLS is already compliant with the RESO Data Dictionary 1.7 and aims to achieve 2.0 certification with this transition in September.

ABOUT RESO

RESO is an independent, nonprofit standards body formed to develop data standards and processes that create efficiencies for all participants in real estate transactions. Our member organizations include MLSs, brokerages, REALTOR® associations and technology partners serving nearly two million real estate professionals.

Data Dictionary

The real estate industry’s universal language for data. It allows a wide range of systems to talk to each other in a seamless manner.

Web API

The modern way to transport data in the real estate industry. It is built on well-known, open technology standards.