by Brianna Crandall — April 8, 2011—OSCRE, the Open Standards Consortium for Real Estate, and OGC, the Open Geospatial Consortium, recently announced a new level of emphasis on collaboration to develop and advance real estate standards around the world. The two organizations are working specifically to enable and promote the interoperable use of Web-based geospatial technologies in real estate and property management.
“There’s a growing interest among OGC members involved in the built environment and we are fortunate to have the opportunity to work with OSCRE,” said Mark Reichardt, President and CEO of the OGC. “There’s a tremendous need for better information exchange among companies and government administrative bodies that buy, sell, own, occupy, insure, inspect, appraise, manage, design, build and protect real estate.
“Leveraging this information in a location and time context is critically important for decision making. Advances in many other economic sectors await a strong indoor/outdoor location standards foundation, and we look forward to bringing diverse stakeholders together with OSCRE in a coordinated standards effort.”
“The use of geospatial data is expanding rapidly among real estate stakeholders who seek information about demographics, crime, sales comparatives, foreclosures, and natural and man-made hazards,” states Catherine Williams, OSCRE’s Chief Executive. “We expect enormous value for members of OSCRE and OGC from this working relationship, particularly as we are now able to bring significant international expertise to the real estate standards process.”