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2004 REALTORS® Conference & Expo Presenters: Yogi Schulz
AEI Introduction 2004 REALTORS® Conference & Expo Presenters: Yogi Schulz 11/19/2018 My name is Yogi Schulz This is my associate and co-presenter Paul Stusiak Welcome to the Value of RETS for your Association presentation Paul and I want to recognize the support of the National Association of Realtors who encouraged the development of this presentation NAR has paid for the development and for the delivery of this presentation Without NAR’s encouragement and financial support, we would not be able to produce this presentation and help you accelerate your learning about RETS and its benefits We expect you’ll find the next 90 minutes insightful and packed with useful information to guide your use of RETS We look forward to your active participation We do not intend to simply drone on for the whole tim Please feel free to interrupt with questions or comments NAR Association Executive's Institute Value of RETS for your Association November 2004 Copyright © 2004 NAR Corvelle Management Consultants
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Housekeeping Items Refreshments Facilities Messages
AEI Introduction Housekeeping Items 11/19/2018 But first, lets quickly deal with a few housekeeping items. Refreshments Facilities Messages Cellular phones & beepers Corvelle Management Consultants
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Yogi Schulz Biography President of Corvelle Management Consultants
AEI Introduction Yogi Schulz Biography 11/19/2018 Management Consultants President of Corvelle Management Consultants Information technology related management consulting Project management and systems development Computing Canada & Calgary Herald columnist Industry presenter: Project World - 4 years CIPS Informatics - 7 years PMI - Information Systems SIG - 2 years Convergence - 4 years RETS – 1 year Who am I? I’m the President of Corvelle Management Consultants We offer information technology related management consulting We have executed many project management and systems development assignments for our clients. I’ve worked as an information systems consultant for 25 years. Much of my experience comes from the oil & gas industry. I founded Corvelle Management Consultants with a focus on Information Technology consulting 8 years ago at the beginning of 1995. From , I worked on the MRIS Cornerstone MLS system project. This system makes significant use of RETS. I have written many columns for Computing Canada. These columns have tended to focus on project management and systems development themes. The audience is composed largely of IT executives and managers. I have written many columns for the Calgary Herald. These columns have tended to describe the impact of IT developments for a general audience of business managers. I’ve participated in many industry conferences as a presenter: Project World - 4 years CIPS Informatics - 7 years PMI - Information Systems SIG - 2 years Convergence - 4 years CIO Summit - 1 year Corvelle Management Consultants
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Presentation Objectives
AEI Introduction Presentation Objectives 11/19/2018 What are our objectives for this morning? Build an understanding of RETS Some of you are associated with MLSs that use RETS actively; many of you aren’t Today we want you to build an understanding of what RETS is and how it works Perhaps equally important, we want you to build an understanding of what RETS isn’t Appreciate value RETS offers your Association RETS offers improtant benefits to every Association These include cost reduction, revenue enhancement and shorter time-to-market Identify and assess the impact RETS can have for the distribution and accessibility of MLS data RETS can deliver a major improvement in data distribution efficiency. By this I mean a reduction in staff effort to operate data distribution Perhaps more important, RETS can help to make data more easily and quickly accessible to all stake holders That sounds wonderful. But we tend to be quite skeptical. We all know that the behind-the-scenes realities are often quite different from what is being pitched Provide information to enable achievement of RETS benefits We want to talk about the benefits for the use for RETS and the implementation issues that need to be addressed to ensure that you actually achieve the benefits Overall, our objectives today are to enhance your understanding of the benefits that RETS offers your organizations Build an understanding of RETS Appreciate value RETS offers your Association Identify and assess the impact RETS can have for the distribution and accessibility of MLS data Provide information to enable achievement of RETS benefits RETS stands for: Real Estate Transaction Standard Corvelle Management Consultants
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What makes these Objectives Important?
AEI Introduction What makes these Objectives Important? 11/19/2018 What makes these objectives important for every MLS in the country? RETS can help to reduce data distribution costs Many MLSs and Brokers are frustrated by the cost and continuing operational hassle that are associated with data distribution using RETS can make this process more robust and less resource consumptive RETS can help to build data revenue When it’s easier to to deliver data and easier for buyers to license data, then demand and revenue tend to increase RETS can foster this trend Quoting from the RETS vision statement: RETS enables innovation by standardizing access and transfer of real estate information through open standards RETS applies the value of standards generally to to the specific needs of the real estate industry Today we’ll talk about how to achieve that value RETS can help to reduce data distribution costs RETS can help to build data revenue RETS Vision: RETS enables innovation by standardizing access and transfer of real estate information through open standards. Corvelle Management Consultants
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RETS enables Interoperability
AEI Introduction RETS enables Interoperability 11/19/2018 . . . Client #1 Client #2 Client #3 Client #4 Client #n Old world; pre-RETS Each MLS server came with associated client software for the Realtors and other data customers to use. New world with RETS RETS client software can access multiple MLSs Offers Realtors choice of multiple clients . . . Server #1 Server #2 Server #3 Server #4 Server #n RETS enables client choice Corvelle Management Consultants
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Presentation Outline Introduction Yogi RETS overview Yogi
AEI Introduction Presentation Outline 11/19/2018 Here’s a summary of the topics we’ll discuss during our presentation time today: Introduction Yogi As you can see, I’m starting off the presentation today RETS overview Yogi I’ll provide the the overview of what RETS is all about with a focus on where RETS provides benefits for various stakeholders RETS business case Yogi Then I’ll outline the business case for RETS RETS implementation best practices Paul Then I’ll turn the time over to Paul for a look at RETS implementation issues and solutions RETS development direction Paul Paul will also outline the direction that RETS is pursing in an effort to improve the value and relevance of RETS into the future RETS resources Paul Paul will then describe resources that are available to you after we leave here today because further questions are bound to arise Conclusion Paul Paul will then wrap up with some conclusions Introduction Yogi RETS overview Yogi RETS business case Yogi RETS implementation best practices Yogi RETS development direction Yogi RETS resources Yogi Conclusion Yogi Corvelle Management Consultants
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Evolution of Standards
AEI Introduction Evolution of Standards 11/19/2018 Story: Standards live forever The US Standard railroad gauge (distance between the rails) is 4 feet, 8.5 inches. That's an exceedingly odd number. Why was that gauge used? Because that's the way railroads were built in England, and the US railroads were built by English expatriates. Why did the English people build railroads like that? Because the first rail lines were built by the same people who built the pre-railroad tramways, and that's the gauge they used. Why did the tramways use that gauge then? Because the people who built the tramways used the same jigs and tools that they used for building wagons,which used that wheel spacing. Okay! Why did the wagons use that odd wheel spacing? Well, if they tried to use any other spacing the wagons would break on many of the old, long distance roads, because that's the spacing of the old wheel ruts. So who built these old rutted roads? The first long distance roads in Europe were built by Imperial Rome for the benefit of their legions. The roads have been used ever since. And the ruts? The initial ruts, which everyone else had to match for fear of destroying their wagons, were first made by Roman war chariots. Since the chariots were made for or by Imperial Rome they were all alike in the matter of wheel spacing. Thus, we have the answer to the original questions. The United States standard railroad gauge of 4 feet, 8.5 inches derives from the original specification for an Imperial Roman army war chariot. Specs and bureaucracies live forever. Why were the Roman army war chariot 4 feet, 8.5 inches wide? Because the Imperial Roman chariots were made to be just wide enough to accommodate the back-ends of two war horses. Corvelle Management Consultants
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