Real Estate Digital (RED) and Bridge Interactive Group recently announced the integration of Bridge’s Contact™ Server and real-time RETS solution with RED’s reDataVault™ real estate listing license management system. RED will use Contact as the RETS (Real Estate Transaction Standard) gateway into their data repository to deliver licensed listing data via RETS.
“This is a major milestone in the industry,” explains Ira Luntz, Senior Vice President of Data Products for RED. “With the integration of reDataVault and Bridge Interactive’s market-proven Contact program, once licensing is approved by and on behalf of MLSs and brokers alike, RED will be able to deliver standardized, national listing data via RETS and a RESTful API solution upon licensing approval. Nobody has done this before. Best of all, this makes it easy for vendors and developers to be free to innovate—without the problems of dealing with a multitude of different restrictive interfaces and proprietary data formats.”
According to the company, RED’s reDataVault simplifies, streamlines, and standardizes the listing data licensing process. Contact’s ability to enable RETS compliance, to accurately track and report on RETS data access and usage, and its robust authentication and statistical reporting functionality all make it uniquely suited to augment reDataVault.
“Bridge Interactive has a long history of pushing the real estate technology envelope,” says Pace Davis, President of Bridge Interactive Group. “And that’s why partnering with RED makes perfect strategic sense. Both of our organizations excel at using innovative technology to solve the industry’s challenges. We see the integration of reDataVault with RETS IQ Contact to be just the beginning, and are proud to be contributing to the reDataVault project.”
Bridge Interactive and RED expect the integration project, which includes real time RETS access management and tracking statistics into the reDataVault data repository, to be completed by early next year.
For more information, visit www.realestatedigital.com.
