Three Key Real Estate Industry Groups Explained

Real Estate Transaction Standards Working Group - RETS

RETS is for data transfer between MLSs and others including another MLS, Transaction Management Services [TMS] and broker/vendor websites. The system is designed to allow for seamless integration of a RETS compliant data feed without creating custom toolkits or solutions.

Real Estate Investment Advisory Council

A national nonprofit trade association for sharing ideas, concerns and experiences between people involved with commercial real estate transactions.

Real Estate Research Institute - RERI

The Real Estate Research Institute organizes research on real estate investment performance and market fundamentals.

The Real Estate Research Institute was incorporated in 1987 as the NCREIF Research Institute under the sponsorship of the National Council of Real Estate Investment Fiduciaries [NCREIF].
The name of the organization was changed to the Real Estate Research Institute in 1992 to reflect wider membership support.