SightPlan has joined the Real Estate Technology Alliance (RETA). RETA is a voluntary self-funded and self-governed standards organization that creates universal, open standards to support the development of systems solutions for the apartment industry.
RETA will be replacing the MITS initiative which started in 2002, and is administered by Hospitality Technology Next Generation (HTNG). HTNG is a global not-for-profit trade association that fosters the development of next-generation solutions that enable industry professionals and technology vendors to do business globally in the 21st century.
RETA is broader than MITS, allowing for sectors outside multifamily to participate. RETA is open to any and all apartment companies, vendors that provide solutions to the apartment industry, and industry trade associations.
The inaugural annual meeting hosted during NMHC’s OPTECH 2018 was a standing-room only event. RETA is supported by leaders in real estate, under the common goal: to set standards around the industry, and the technology that supports it. SightPlan a leading provider of mobile maintenance and resident engagement software, hopes to contribute to the conversations that will change the way technology is approached in the industry.
“We’re thrilled to have the opportunity to work with other innovators in real estate to better serve those who use our solutions today, while making it easier for owners and operators in real estate to embrace innovators in the future,” says Joseph Westlake, President of SightPlan.
Some of the benefits that RETA members can look forward to include broader cooperation around open standards, in addition to a decrease in systems integration costs and implementation timelines.
For more information about RETA head to retall.org