What is OSCRE?

The Open Standards Consortium for Real Estate (OSCRE) is the body responsible for the definition of international open standards in electronic property data.

These open standards allow the property software systems from many different manufacturers to share and exchange data with ease. They also eliminate the errors derived from rekeying.

Trace Solutions has made a significant investment to ensure that all our property management packages conform fully to the relevant OSCRE standards. We were one of the founder members of the initiative and our MD Mick Flynn currently sits on its board.

Open standards bring down costs

As more and more manufacturers adopt the standard, its power to bring down costs becomes apparent. One notable example is how the UK’s leading lease creation software for lawyers - from Landscape Software - can now export its data directly into any of Trace’s property management packages.

In the past, unskilled operatives would generally re-key vital lease information into the property management system; now all this critical data enters the system exactly as certified by the lawyers who wrote it.

critical data enters the system exactly as certified by the lawyers who wrote it

Trace Solutions Sales Director Graham Davies said “OSCRE has fantastic potential to open up the market and bring down admin costs. No-one should be trapped inside proprietary data formats”.

Trace is compliant with OSCRE today

All Trace property management packages are already compliant with the relevant OSCRE open standards. That's working software - not prototype, not in beta.

So these are the benefits you can enjoy immediately with Trace Solutions:-

Lease data
  • Import lease data directly from any lawyer who uses Landscape's Lease module
  • Most major property law firms use Landscape
  • No rekeying, no errors
  • Guarantees lease data is certified by your lawyers

To see a list of law firms using Landscape’s software to create leases, click here.

Other property portfolio data
  • Lease data is just a small subset of the wider OSCRE PIE (Portfolio Information Exchange) data
  • Property portfolios become fully ‘portable’ between OSCRE­compatible systems
  • Almost all the major Managing Agents use OSCRE­ compliant Trace packages
  • Transfer some or all of your portfolio between agents, without rekeying