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5 Things Realtors Should Know About UPI
Universal Property Number or UPI is a new RESO standard for real estate businesses. It was released in 2017 with the aim of furthering data consolidation in the real estate industry; this time on a global level. 
Mark Besset, who is the lead member of a workgroup assigned to UPI, believes it is a work in progress, and soon properties all around the world will benefit from this ID referencing system.
Universal Property Identifier is a fresh standard and there is so much to say about it, but here are five things you should know about UPI as a real estate professional:
1. It Works A Lot Like ISBNWe all know ISBN. It is the international book number which is printed on the back of your hard copies along with a barcode. UPI is supposed to do the same for properties and their features. The difference is in the fact that UPI is still not as widespread as ISBN and real estate business functions differently from the publication business.
Further, ISBN is a digit-only ID while UPI includes letters as well. 
2. UPI Follows an Alphanumeric StandardGiven that UPI is intended to be a reference ID, its design is based on the most important feature, location!
The ID is ... more

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