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An industry standard data model, or simply standard data model, is a data model that is widely used in a particular industry. The use of standard data models makes the exchange of information easier and faster because it allows heterogeneous organizations to share an agreed vocabulary, semantics, format, and quality standard for data.
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Trinxet Dictionary of Legal Abbreviations and Acronyms Series. A Law Reference Collection, 2011, ISBN 1624680003 and ISBN 978-1-62468-000-7; Trinxet, Salvador. Trinxet Reverse Dictionary of Legal Abbreviations and Acronyms, 2011, ISBN 1624680011 and ISBN 978-1-62468-001-4. Raistrick, Donald.
Here are 15 real estate terms you need to know. Real Estate Agent Professional who represents the seller (listing agent) or buyer (buyer’s agent) in a real estate transaction.
For example, $225K would be understood to mean $225,000, and $3.6K would be understood to mean $3,600. Multiple K's are not commonly used to represent larger numbers. In other words, it would look odd to use $1.2KK to represent $1,200,000. Ke – Is used as an abbreviation for Cost of Equity (COE).
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There is no single authoritative MLS. However, there is a data standard for MLS systems. The Real Estate Standards Organization provides the Data Dictionary [3] for common real estate terms and data structures, and the RESO Web API [4] for data transport. A previous common data transport standard, RETS, has been deprecated.