New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1885-10-03
NEW REAL ESTATE METHODS.
SOME BROKERS WHO FAVOR REFORM.
ADVANTAGES 70 ETY-owNERs-TiiE oPPo-
sITION PASSIVE.

ADVANTAGES 70 PROPEETY-oWNERs-TllE oPPo-
sITIoN PASSIVE.
The opposition to the proposed reforms I'D
the methods doing real estate business OF wch an
account given in THE TRIBUNE yesterday, Is passive
lust at present 1t appears to be opposition IN the
born of indifference or the dstrust that Is ire
quently felt the results OF any innovation. while
the Indifference OF the trade makes the work OF the
leading brokers engaged in the agitation dicult II
is perhaps this stage OF the agitation, preferable
TO active h0stities The advocates OF tn new schemes
however say that their support is increasing at fao
which will soon make it an advantage for active orpo
stion be developed, for they feel confident OF meet
ing all objections and desire have the trade thor
oughly aroused tho subj ct
H. H. Cammaun the president of the Real Estate
Exchange. is OF the believers I'm the necessity oil
reform and he is giving great deal of his time TO the
work in the matter Ferdinand Fish. one OF the commit
tee which suggested the Tdcs governing private sales on
the floor of the Exchange, is also active in the reform
movement Talking with TRIBUNE reporter yesterday
he sad
al am heartily in favo' of the reform proposed. be-
cause think is for The Interest of every person VINO
has to do with real estate either as owner dealer Duy
er or tenant We have all submitted TO the annoyance That
the present lack of system occasions quite long enough
reform is demanded. Many of the brokers joined the
Exchange as much in the hope Of accomplishing some
thing In this direction with the expectation Of being
benefited in their business. see no reason why win
the increased facilities for ransactg business ana the
adoption of a system with some method init there
should not he large increase ia real estate transact
TONS believe that most brokers in favor Of re-
form | consider that the Exchange has already I'M
proved the OF business materially and that II VIII
be practically impossible accomplish all that was CON
templaed by the formation of the exchange
without radical reform in the manner OF
conducting business. For my part | have found
it so Improbable to myself and annoying
TO my customers to handle property that has been ped
died about by number OF BROKERS that nave madr IL
a rule to take no property my books OF which have
not exclusive control Any applicant who gets my per
mt has this guarantee. believe the result TO mc vi"
be- that I Will 60 less WORK and more business, make
friends among myclstomers and obtain more com
missions than under the present custom
As matter OF TACT that winch Is proposed lalmey
combining Offering OF property To slp-e repre- ent
tive broker at the Exchange Is now Ia large extent
prdctsed Ia principle 10y the most pI"..nel
Many Of them Will not Ike piece OF property uurNs
they have absolute control OF is sac Tor certain uH
long as possible, but seldom ir,s lhah u mo'''l
They nave found that IL did not pay ih'm
to work upon a house Office building when dozen
Otncr brokers hth because ol uh' ,lt"Ih,! VI
s0us aud the annoyance frequently caused by DIS
some other broker. " Lei show you my books, said
a Wel-knDwn Finest. broker. " Here are entries 81
dozen brokers. enter the price aud that Is en-
orally the end of my interest IN thr matter. can ue
parcels OF which, however, l have the sole conir"
Her is an Instance 3 3o now o,r nG of
the property owner. some time ago was asked by q
Offices arc quickly rcnted-but persuaded HIM 10 take
one Tor 500 few days after hc came 10 me iuIIs,
PANTY and SAID: Il thought yOI hal no 500 oic7'
nave been offered an uice 10y the AT that price
and your bin the building. Upon nVeslgdi ION
found that an who had put his occs IN my hdhd-
To rent at 800 had actually offered one az them or
500 took csprc al pains 10 got the lawyer u tahe
another onice for 5000 ana iclh4 uI9uou an
with Office, OF The who was trying 10 tdNe away
my commission and at the same time deprecialhs MS
own property
Phillips Wells a firm who testify among Others
to the favorable results Of their applying the reform
system to the sale OF country real estate OF which they
make q specially. They are not mruhers OF the l'eil
Estate Exchange. and no charge OF bia- IN iNoi o lH
proposed methods can therefore be brought against
Z them.