VANCOUVER, BC, Aug. 13,
2024 /CNW/ - RESAAS Services Inc. (TSXV: RSS)
(OTCQB: RSASF), ("RESAAS" or the "Company"), a leading provider of
technology solutions for the Real Estate Industry, has announced
the launch of Commercial Data Exchange ("CODE"), an Enterprise
software solution developed for corporate Commercial Real Estate
Brokerages ("Brokerages").
RESAAS CODE enables Brokerages to securely provide their Data to
RESAAS, and specify which other Brokerages they wish to share the
Data with.
"RESAAS has pioneered secure methods for Residential Real Estate
Agents and Brokers to share their Data, always providing them with
control over who sees what," said Tom
Rossiter, CEO of RESAAS. "Sharing Data is rare within
Commercial Real Estate. RESAAS is in a unique position to apply our
years of learning and our technology to solve this problem."
RESAAS CODE is not for Agents or Brokers. It is a corporate
solution for the main Brokerage itself. Customers will be Research
departments, Market Intelligence departments and Data Operations
departments within Brokerages.
Data can be uploaded by Brokerages in their native format using
existing field names. RESAAS CODE standardizes the Data into a
common Data schema. Brokerages then receive Data from other
Brokerages in their own format, vastly reducing the processing time
and increasing the quality of the Data. RESAAS CODE can receive
Data from multiple sources, ranging from spreadsheets to RESTful
APIs.
"RESAAS CODE brings numerous benefits to Brokerages; reduction
in manual tasks, increase in Data quality, reduction in
human-error, and increase in frequency and accuracy of Data,"
continues Rossiter. "RESAAS CODE utilizes RESAAS's relationship
with Microsoft to perform Extract, Transform, and Load (ETL)
operations in the Cloud, securely storing all Data in the RESAAS
Data Warehouse. Brokerages that subscribe to RESAAS CODE can expect
a significant return on investment."
RESAAS CODE is a Cloud-based service with an Enterprise
subscription revenue model. Customers subscribe to seat-based
licenses for each market and for each asset class, such as Office,
Industrial, Retail or Land.
Further information can be found by visiting
https://corporate.resaas.com/code/
About RESAAS Services Inc.
RESAAS is an award-winning technology company serving the Real
Estate Industry, uniting all Real Estate Brokerages and Agencies in
one Global, Centralized Industry Platform.
Over 600,000 RESAAS Agents in 160 countries have access to
unique Real Estate Data, providing access to qualified
international referrals and Coming Soon listings only available
inside RESAAS.
Some of Real Estate's largest organizations leverage RESAAS to
provide Business Intelligence, new business opportunities, and
real-time industry-wide communication. For more information, please
visit www.resaas.com.
Disclaimer
The TSX Venture Exchange has neither approved nor disapproved
the contents of this news release. Neither the TSX Venture Exchange
nor its Regulation Services Provider (as that term defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
The statements made in this news release may contain
forward-looking statements that may involve a number of risks and
uncertainties. Actual events or results could differ materially
from RESAAS Services Inc.'s expectations and projections.
SOURCE RESAAS Services Inc.
