WAV Group Report: Emerging Data Solutions in Real Estate
Tuesday, March 6, 2018
ARROYO GRANDE, California - WAV Group has published a report on Emerging Data Solutions in Real Estate. There is much activity happening across the industry that it can be hard to keep all of it straight. This report is written as an overview for real estate executives with some technical reporting to help clarify some of the fine differences in emerging data solutions that seem to be quite similar.
This paper aims to deepen the understanding of how broker listing and agent data is entered, stored, and transported. It covers the evolution from early data transportation using File Transfer Protocol (FTP), to the development of the Real Estate Transaction Standard (RETS) and now the emergence of Application Programming Interfaces (APIs). Each of these steps has allowed the real estate industry to leap forward in supporting the needs of our professionals and the consumers they serve. APIs are changing everything today because they allow software systems to share information and talk to each other in meaningful ways.
There are three classes of technology offerings that are lined up to deliver services to brokers and MLSs: brokerage class – Upstream; MLS vendor class – Trestle, Spark, and The Grid; and technology vendor class –Bridge and ListHub. Each of these data solutions have some partial overlap, but they are driven by very different approaches to delivering significant improvements on how information is managed and used.
About the report:
WAV Group founding consultant Victor Lund spent dozens of hours researching each solution and drafting an executive overview that clearly explains each emerging solution. Each company reviewed in this report edited their section. WAV Group was not compensated by any party for this effort.
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