Real Estate Transaction Standard (RETS): Improving Profit and Saving Time

RETS (Real Estate Transaction Standard) is a framework used in the United States and Canada by the real estate industry to ease the transfer of data. RETS software development will help to make process of transferring real estate listings data easier and smoother. The National Association of Realtors (NAR) and related groups launched RETS in 1999. Custom RETS software provides one of the easiest ways to manage listings.

Benefits of RETS Integration

1. Secure and Safe: Information or data shared by the organizations by MLS follows the RETS standard which makes it more secure and also ensures the safety of the data.
2. Saves Time: Real estate data transfer processes can perform much quicker with RETS. The fast processing and multitasking nature of RETS make it more effective for the real estate industry.
3. Improves Profit: RETS plays a vital role in increasing the profit ratio of the real estate business. Data accuracy of RETS reduces the probability of business losses.

Most Popular Data Transfer Standard
There are other systems that have their own standard that provide data security, such as My SQL. But RETS is one of the most secure and safe data transfer standards popular in North America. However, the RETS data feed cannot be used by itself. With it being XML (Extensible Markup Language) based, it needs various tools to work. When implementing IDX (Internet Data Exchange), RETS software development services serve as an option in the process.