Big Changes Coming to Matrix March 1st This post has been revised as of 2/9/22 to clarify several key points and to include additional information. The conversion to a common language for real estate data has been in the works since 1999. In 1999, the National Association of REALTORS® (NAR) joined forces with leaders in technology to explore ways to make access to MLS data easier for real estate brokers, agents, and their technology partners. In 2002, RESO (Real Estate Standards Organization) was officially created as an NAR work group and soon presented its first version of the well-documented Real Estate Transaction Standard (RETS). RETS is a legacy means of data transfer that has been used by the real estate industry for nearly twenty years. In its coming of age, the standard is now considered the RESO (not RETS) Standard with all MLSs required by NAR to adopt this standard. NAR requires REALTOR®-owned and operated MLSs to be in compliance with the most recent RESO standards (i.e., Certified Current, within 12 months of RESO ratification). Certification isn’t just for MLSs. Brokers and technology vendors with Web API servers are also certifying with RESO. There are approximately 600 MLSs in the US. Consider a site like realtor.com® who is currently receiving 600 different data feeds from each of these MLSs. Each of the 600 speaks a different language. The RESO standard creates a common language so that consumers can depend on these public facing sites to be speaking the same language. If you would like additional information, please go to reso.org. Timeline A new tile on the home page dashboard will be visible to all users on February 22. The parallel period will provide the opportunity for all subscribers to view listings in the new system, and make any needed changes to saved searches. • Monday, February 28th at 4:00 p.m. MATRIX WILL BE SHUT DOWN until approximately 10:00 a.m. on March 1st. • If you have a search need during this shutdown time, you can use RPR, Remine, or Cloud MLX. We will begin publishing upcoming changes to Matrix to the SSO Dashboard for users to prepare for the cutover. A number of field name changes and format changes will be made that will affect saved searches. Conversions will be made where possible; however users will need to make changes in some instances – for example, a search using Area numbers will need to use a different geographic parameter as the Area and Sub Area numbers will be dropped. The importance of the MLS Conversation to the RESO Standard. Property Types and Sub Types Changes Residential Condo and Residential Townhome will be separate Sub Types Multi-Family will be Residential Income Commercial Sale and Commercial Lease will be separate Property Types Field Name Changes Current Label New Label HandicapYN AccessibilityFeaturesYN Total Annual Expenses Include OperatingExpenseIncludes Exterior Buildings OtherStructures OwnerAlternativePhone OwnerAlternativePhone PetPolicy PetsAllowed ProposedUse PossibleUse LastListPrice PreviousListPrice LastStatus PreviousStatus IntraOfficeRemarks PrivateOfficeRemarks PropertyAssociationFees PropertyAssociationFeeType PendingDate PurchaseContractDate Roadfrontage RoadFrontageType Roadfrontage RoadSurfaceType Appointment Call Showing Contact Phone ShowingInstructionsType ShowingRequirements PossibleShortSaleYN SpecialListingConditions SellerType SpecialListingConditions UtilitiesOther Split to Utilities, Water, & Sewer lookups NumberOfStories Levels NumberOfStoriesInBuilding StoriesTotal Block Tax Block Inclusions TransactionIncludes New Fields AttachedGarage YN BasementYN Business Type Cooling GarageYN GreenEnergyGeneration GreenIndoorAirQuality GreenLandscaping GreenSustainability GreenWaterConservation HorsePermitted YN List ‘Supervisor’ MLSID Lockbox Location PatioAndPorchFeatures PropertyAttachedyn RoadSurfaceType Vegetation WindowFeatures Barntype (Subtable) Barn Key Numeric Barn Length Barn Width Input Entry Order Is Deleted Listing Key Numeric Modification Timestamp Number Of Stalls In Barn List Agent Texting YN Co List Agent Texting YN Buyer Agent Texting yn Co Buyer Agent Texting YN Garage Height Property Managed by Levels Baths Display Using the RESO Data Standard After conversion to the RESO data standard, instead of seeing 2.1 Baths (meaning 2 Full and 1 Half), you will see Full Baths = 2, Half Baths = 1, with the total number of Baths being 3. The current display of Baths shows as follows: Tot Baths: 2.1 Full Baths: 2 Half Baths: 1 The new display of Baths will show as follows: Tot Bth: 3 Full Bath: 2 Half Bath: 1 The search for Baths will remain the same. For instance, if searching for 2+ Baths, results will include properties will Full and Half Baths.