Abbreviation OSCRE | Type Non-Profit | |
Motto "Deliver global standards for exchanging electronic real property information and drive their adoption" Legal status 501(c)(6) corporation incorporated in the District of Columbia, United States of America Purpose "The development, synthesis, and adoption of e-business standards that enable the real estate industry to function effectively and efficiently." Headquarters Churchill House, 12 Mosley Street, Newcastle upon Tyne, NE1 1DE, United Kingdom | ||
OSCRE or Open Standards Consortium for Real Estate is a Non-profit organization dedicated to the development of industry standards for data exchange. OSCRE has created and published a number of XML data schemas for defining structured data sets electronic application may use in exchanging and sharing records and data.
Contents
OSCRE Data Formats
The standards consist of real estate terms, definitions and rules that utilize a common data set and enable users to facilitate the transfer of data between end users, software developers, service providers, consultants and benchmarking and indexing services. It is a "single source of truth" approach to data collection and analytics that improves decision-making and an organization's performance.
Membership Levels
Board of Directors
OSCRE Compliance Certification
OSCRE Compliance Certification is a process by which OSCRE tests individual XML files provided by implementing companies to validate compliance with a specific OSCRE Standard schema. OSCRE issues Compliance Certificates to companies that have successfully demonstrated their implementation of an OSCRE schema results in a compliant XML document. Compliance testing consists of validating the XML document against the relevant schema. Some business rules are checked, but full interoperability, even when two systems can both produce and read compliant XML document files, is achieved through testing between trading partners.
Who Benefits From OSCRE Membership?
OSCRE membership is a collaboration of companies and organizations that often operate as business partners from end users, to their service providers, software vendors, consultants, systems integrators and benchmarking/reporting agencies. Whether a small, medium or large company, the issues are the same when it comes to the need for exchanging and aggregating information from multiple sources. The conversation in the industry increasingly focuses on big data, business analytics, benchmarking and the Internet of Things in corporate real estate and investment portfolios. OSCRE Standards are most relevant to improved performance, enabling organizations to better manage both revenues and expenses. Membership in OSCRE allows industry leaders to participate in the development and revision of critical standards, and provides a forum for constructive collaboration to advance data collection, analysis and organizational performance.