Real Estate Data Standards

Real estate data standards are shared rules and formats that ensure consistency and accuracy when exchanging property information across different systems and organizations. They help standardize how details like property features, prices, addresses, and transactions are recorded and shared, making it easier for buyers, sellers, agents, and software platforms to communicate effectively. By using common standards, data becomes more reliable, reduces errors, and speeds up processes like listings, appraisals, and reporting, ultimately improving transparency and efficiency in the real estate market.