The NAR deadline for MLSs to be compliant with the RESO data dictionary (RETS) standard is at the end of 2015, and it’s every MLS’s responsibility to meet that deadline. The deadline is not for MLS vendors – it’s for MLS organizations. Your MLS vendor is probably helping all of its customers with this, but it can’t help all of them in December. That means that if your MLS vendor is asking for your participation in the process now, please do your part.
Let’s use an analogy to explain the urgency. NAR Midyear is coming right up, and we are all used to those long lines in the Marriott Wardman lobby. Everyone knows that if you show up at 6:50 in the lobby to get to a 7:00pm party offsite, the taxi line will look like the picture to the right. There’s no way you’re making that party on time and, when you get there, your friends will be gone and the line for the bar will be way too long. There are only so many taxis pulling up at any given time and they can only carry a few people at once – so show up late at your own peril. Well, it’s the same with RETS. Most vendors can only handle so many data dictionary compliance projects each month. Let’s say, hypothetically, that a vendor can handle 20 per month. If you show up in December and there are 20 MLSs that already did their part and are ahead of you in line, you’re not going to make your compliance deadline and there’s no way your vendor can help you. So please, please, start showing up now. Work with your vendor to get your compliance squared away this month or next month, during the spring or summer. Don’t wait for fall or winter if you can help it; there might be too long a line at that point, and you’ll miss your deadline.
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