New leader to assist RETS rollout

[Kristen carr]

By Inman_News
Created 2010-01-12 10:36

The National Association of Realtors today announced that Travis Wright, who has 30 years of experience in real estate and technology, has been appointed to serve as executive director for the Real Estate Standards Organization. RESO oversees the implementation of the Real Estate Transaction Standard (RETS), a real estate data standard.

Wright has previously served as president and director of business development for Stewart Transaction Solutions, a Houston-based subsidiary of Stewart Title Co. He oversaw the development of software platforms while at Stewart.

According to the announcement, Wright will be based in Houston and will "travel extensively throughout the country advocating the adoption and utilization of technology data standards developed by RESO."

Vicki Cox Golder, NAR president, said in a statement, "Technology standards are essential for industry stakeholders throughout the real estate transaction process," and also said that Wright's skill set "will help RESO achieve its stated objectives of promoting technology standards and helping collect and share real estate data for all industry participants."

Wright said in a statement, "We know that good standards are the basis for producing good data, and good real estate data is necessary for the decision-making process of real estate consumers, practitioners and related third-party service providers."