Real Estate Transaction Standard (RETS)

The Real Estate Transaction Standard (RETS) is a set of guidelines designed to facilitate the exchange of real estate data between different systems, such as Multiple Listing Services (MLS) and real estate websites. It standardizes the way property information, like listing details and sales data, is formatted and transmitted. This helps real estate professionals, software developers, and brokers access and share accurate data efficiently, improving communication and decision-making within the industry and making it easier for consumers to find the information they need about properties.