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Last modified: November 13, 2000
Real Estate Transaction Markup Language (RETML)

The "Real Estate Transaction Standard (RETS) is the new open standard for exchanging real estate transaction information. Consisting of a transaction specification and a standard Extensible Markup Language (XML) Document Type Definition (DTD), RETS is being implemented by many real estate industry leaders in their next generation of real estate information systems." Version 1.0 of a DTD (Real Estate Transaction Specification [RETS] DTD) is available. The Web site at RETS-WG.ORG "is the central repository for information about the Real Estate Transaction Standard, or RETS. The web site is maintained by the RETS Working Group, which is the organization responsible for publishing, maintaining and enhancing the standard. The RETS Working Group maintains three mailing lists to which interested developers and users can subscribe for information and discussion about RETS."

From the 'Real Estate Transaction Standard Protocol Specification': "This specification is the first part of a two part series defining the interchange of real estate information. The purpose of this document is to define a specification for the exchange of real estate property information, with the intent of eventually describing all interchangeable aspects of a real estate transaction. It defines a standard interface by which a client program may communicate with an property data server. The specification defines a protocol for implementing transactions, and incorporates an Extensible Markup Language (XML) specification for general purpose interchange. The specification also provides for a compressed data interchange format and specification to allow interchange of machine-interpretable property information. This second document, the Real Estate Transaction DTD defines the general structure of the XML DTD that can be used in transferring information from the server."

From the 'Real Estate Data Interchange Standard: Real Estate Transaction DTD (RETML)' (Draft of May 11, 1999 by Dan Musso): "This specification is the second part of a two part series defining the interchange of real estate information. The initial document in this set, the Real Estate Transaction Specification specifies a method used for the exchange of real estate property information. This second document defines the general structure of the XML DTD that can be used for the exchange of real estate property information, with the intent of eventually describing all interchangeable aspects of a real estate transaction. It defines a standard interface by which a general purpose interchange of data can be provided. 1.2 Certification - 'The National Association of REALTORS (NAR) intends to implement a certification program under which a third-party product may be declared RETS Compliant, and include an NAR-designated logo on the client or server based product and any associated promotional materials'."

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