A productive future requires that we in the industry master standards

In the real estate industry, standards are a frequent topic of conversation. We discuss reporting standards, building submaps and definitions, among much else. Standards can help create a common understanding and increase efficiency in the industry.

However, many of these standards never achieve industry standard status. Often they end up as well-structured and formalized tools, prepared by skilled professionals, that only a few adopt. It's a challenge, but also an opportunity to make a difference.

Fortunately, the industry is enriched with interest organizations that work tirelessly to ensure higher efficiency through standards. Organisations such as Molio — Building Knowledge Centre, DFM within Facility Management and Property Denmark play a key role in this development.

The best way we can appreciate their great work is by adopting their standards. Although some today see these standards as developed by “the wrong” or not relevant, there is great value in working together and finding common ground. The same goes for technology and software companies.

There is a growing awareness that it is through common standards that we can create a more efficient and harmonised industry. By getting involved, contributing our knowledge and supporting each other, we can strengthen the entire real estate industry. Let's focus on adopting the existing standards and working together to improve them, instead of creating new ones.

Conclusion

Let's say yes to practice adopting and integrating the standards that are already available. By doing this, we can all contribute to a more cohesive and efficient real estate industry. The future is bright if we stand together and work towards common goals.