San Antonio daily light. [volume] (San Antonio, Tex.) 1886-1907, 1888-03-07
A QUEER KICKER.

The morning paper contains q queer
screed against San Antonio real estate
agents. II San Antonio agents Of any
kind are making stir enough to make
Rome howl 10 any direction In the name
OF all that is good let the howl go on.
The complaint is made that real estate
agents are SO persistent in their efforts
to sell San Antonio city property, and
ranch and farm properties as well, that
they hound the poor capitalists out of
town and drive them away from all
thoughts OF investment. Why, bless
your soul and body, Mr.. Grumbler, the
real estate men OF San Antonio are suck
ing infants, babes In arms, unsophisti-
Gated children In the art Of seeming n
capitalist and running him down COM
pared 10 their brethren In Kansas City,
Omaha, Birmingham, Los Angeles,
Minneapolis, San Diego. Wichita, Fort
Worth, and the cities without exception
that have made rapid advance in popu
lation and drawn In profitable in
vestment. The man who can not stand
the importantly Of San Antonio
REAL estate dealer would be lost 10 Omahs
and would leave Kansas City plumb
crazy In twenty-fOur hours.
The man who imagiDes that capita! is
zero wded OFF the course that way 10 very
far out in his reckOnings. There may
have been one or two capitalists de-
tered trOm purchasing property by the
difference In price put upon the same
property by different agents, his indi-
cisiOns growing out OF the uncertainty
of securing property at its fair valua-
ton which has been offered him At con-
stantly falling figures. There is today
in this city more than one desirable
piece OF property for sale, which is in
the hands of from three to dozen diff
ferent agents and no two OF them will
give the same figures. One piece of
property held by one agent at about
5 a 600 is offered by another at $4,000
by another at SIP 900, by another at
ST. ,3O0,by another at $ll 600 and so on
until 1t is confidently asserted that said
property can be bought for $1,000. This
latter figure is at least 81 500 less than
the property would be sold for, cash,
and this figure may have been put
upon 1t by some sharp agent who had
no opportunity of making COM
missions upon 1t, and 80 booked q eale
In order to dispose OF some Of his own
holdings. How this may be, is Of course
only conjecture, but it does not take
much aCumen to see that after that
property had been offered a probable
purchaser at two or three different
figures, by as many different agents, in
as many different days, and he should
then hear that 1t could be bought for
some thousand less than the lowest
figures offered, he would be much in
olined to pull out of that deal. Ii ia
not and will not be the opportunities
OF real estate agents that Will drive pur-
chasers away from San Antonio. The
men with money to invest are not go
easily frightened. 1t is the incertitude
OF prices; the Interference of one agent
with the work already begun by
another, the attempt TO OVerreach and
take advantage Of another agent, the
underhsnded methods empIOyed-these
| are the things that prevent real estate
sales. IL these things could be avoided
by the establishment OF q real estate ex.
change, and the business relieved from
the incubus OF such unbusiness methods
the establishment of such an exchange
would be good thing for San Antonio
But to imagine that the hard pushing oil
real estate agent drives away the
prospective buyer, Is one OF the comic
slities OF the situation. Men who are as
| easily frightened as that usually keep
out OF the real estate market, are stunned
by the noise Of business bOoms and gen.
| orally wear soft and we'll padded
night-csp over their ears and their
brains. II such men make real estate
purchases, 1t Is usually by accident
San Antonio real estate men like reaI
estate men every where, push their bust.
ness when they can and where they Can
or they do not do business.