Beginning Tuesday, March 25, several field names in the Columbus & Central Ohio Regional MLS will change.
What does this mean for you?
Q: Let’s start from the top…What does it mean to be RESO Compliant?
A: RESO is the Real Estate Standards Organization. Its goal is to create a uniform way to exchange real estate data across the industry.
Q: What do you mean by “uniform data across the industry?”
A: There are hundreds of MLSs out there, and many of them use different terms. For example, a patio in one part of the country might be called a lanai in another. Consistent data fields allow consumers to compare properties across different platforms easily.
Q: Why is it important to do this now?
A: Over the past year, the Columbus & Central Ohio Regional MLS Board of Directors has prioritized RESO compliance. The changes we implement on March 25 will ensure we achieve RESO 2.0 compliance, aligning us with most other peer MLSs and industry partners.
Q: How will this impact my brokerage and my agents?
A: In the short term, you will need to familiarize yourself with the new changes and terminology. As with any changes, there will be a learning curve. In the long run, this will streamline the transaction process, benefiting brokers, agents, and consumers.
We ranked our top four changes below.
SUB-TYPE field: Single Family Freestanding Split into 2 fields New field COMMON WALLS EXAMPLE: Single Family Freestanding will now be PROPERTY SUB TYPE = “Single Family Residence” and COMMON WALLS = “No Common Walls”
PARKING TYPE field: Name Changed to Parking Features All Off Street and Carport items moved to separate fields New field OFF STREET PARKING SPACES with numeric values New field CARPORT SPACES with numeric values EXAMPLE: 1 Carport will now be field “Carport Spaces” = 1
STYLE field: Split into 2 fields New field LEVELS including: 1, 2, 2.5, etc. New field ARCHITECTURAL STYLE including the following: Split, bi-level EXAMPLE: Current “Style” = Split - 5 Level\+ will now be “Architectural Style” = Split Level, “Levels” = Five Or More (5 Level Split)
EXTERIOR AMENITIES field: Split into Multiple fields New fields: Exterior Features, Other Structures, Patio and Porch Features, Fencing, Pool Features EXAMPLES: Additional Building and Storage Shed moved to “Other Structures” Deck, Patio, Screened Porch moved to “Patio and Porch Features”
