The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1890-03-02

w. l. Shelton-If there is one thing they
do need it IS real estate exchange. The
way they are playing fast and loose, cut
ting and slashing commissions, is hurting
tue business. Twas at Omaha when it was
started there, and the number of suits over
disputed commissions almost disappeared,
and 1t drove the curbstone brokers out of
the city.
). F. Spencer-It is the best and only
proper move. 1t will not only make il
cleaner and healthier for those in the bust
ness, but 1t will be power to set on foot
schemes for the good of the city. At
Denver 1t has been a mighty factor in put
ting that city where it is TO day They
sent their committees all over the country
Last year the Denver exchange sent 500
Tree tickets TO the large cities and selected
the cream of the investors and brought
them TO that city. Many of the business
men belong to both the chamber of com
merce and the exchange.
H. n. Greene-We have on three differ
ent tunes met and organized exchanges aud
was a member of all of them. Three
years ago we held meeting in the room
occupied by the Resort saloon and when
we were III wrangle over the question
whether we would take in members from
the ranks OF the newcomers without charg-
ing them big fee the lights went out and
we have not met since. From what
could learn from the Denver agents their
exchange was not a success. If man is
BUSY with his own business he has no time
to go TO the exchange to attend to other
peoples business.
A. j. Gunnell, of the Syndicate Invest
ment company-From what l know, it
seems 10 me TO be a good thing. There are
lots OF us here, ami we ought to be able to
do something
j. G. Weeter, of Weeter 81 Armstrong;
am an amateur here and my views are not
worth knowing. Go to some of the old
ones who are as chuck full of views as a
stereopticon.
j. c. Tucker, of Hopkins e. Tucker-We
need an exchange as bad as anything else.
There Is so much cutting and slashing, and
we don't work in unison as much as we
Dug ht AT Omaha we derived great bene-
hit fro III the exchange. 1t would be a fine
thing for the city, and would be nearly as
valuable as the chamber of commerce in
working up new enterprises BY having a
meeting every day we could keep better
posted as to values and the movement of
property. There is no safe criterion, as
the transfers are sometimes thirty DAYS
old when filed, and the prices named in
the advertisements of the daily papers are
often higher than the. actual market
prices.
l. M. Fisher, of Fisher g. Snowden-A
real estate exchange properly managed is
always mighty good thing, as it is notice
TO The world who are the responsible per-
sons to deal with and who are shysters.
II buyers would exercise the same care in
selecting their agents for buying property
as they do IN other matters, there would
be less complaint against the fraternity.
E. j. leonard-The real estate men are
the men that make the town. 1t is not the
lawyers nor the doctors that get men here
to locate, but real estate men. They
should perfect an organization TO increase
their efficiency.
K. c. Woodruff would be tue best
thing in the world. 1t should be for the
purpose of bringing in builders, not TO boom
the town. We want it to benefit the town,
to make it grow.
James A. Chute, of Chute & Hicks-Ought
to have one by all means The real estate
business has been conducted in hap
hazard way and it is time that it should be
systematized
j. h. Otterstatter-I think it would be
an excellent, good thing.
E. j. Sayer, of Sayer &c Listle--Has a
tendency to keep the men doing legiti-
mate business. [ know when man did
anything that wasn't exactly right at Dem
yer he was brought up and his disreputa-
BILE methods exposed.
E. S. DeGraff | think 1T is almost a ne
cessity III city of the size OF this
L. j. Blue-lt ought to be started at
once.
Beck, Stephen & Kennedy Were very
favOrabl e to it and went so far as to send
to Denver and Los Angeles for copies of
their bylaws.
G. IL. Tousey-Think it would be good
scheme At Chicago, it operates very sue
Cessfully.
A. H. Mayne-Good thing, can get to-
gether and discuss various things and can
raise money TO further substantial enter
prises. If they all 60 in they can work for
each others benefit. Agents could list
property at the exchange and thus it
would be TO the general advantage of
everybody.
William Glasmann-It's nice thing;
helped TO organize two of them.
f. A Virtue, of Bowdel, Major 81 Virtue
"A real estate exchange, like virtue, has
its own reward
+. d. Jones, of r. F.. Jones 81 Co.--Good
idea if they can be held together The real
estate men are for it while the scalpers are
against 1t.
Nameless-An exchange managed in a
proper way would work wonderful bene-
fit to this city. L belonged to the Denver
exchange for a couple of years and it
worked very satisfactory. don't believe
IL "a Lbdl tobdLC ChIutiASC VI NlIlS 10 mould Il
sentiment for the entire city, but when
kept in its proper channel it is benefit.
j A. Morlan-l think it is very good
thing If properly conducted
John Weir am IL new conner and too
modest to give any opinion.
j T. Stringer-lf il was put on its feet
in proper shape and properly managed, it
would be a good thing IL is difficult
thing to handle when prices change rapidly
~ a IA co r,aslr
james Chesney, of Chcsney 81 Stevens
should think it would be a material bene-
fit, and should have been inaugurated some
time ago But it will be pretty hard TO get
every )dy to pull together on anything of
the kind.
l.. R. Sharp-There is nothing more
needed in this town. 1t would greatly help
to systematic matters.
b. G. Reproductive had real estate
board. Of which | WAS president, which ruiz
all winter, but it fell by the board in the
summer. If we could run it tue way they
do in Denver it undoubtedly would be a
capital thing
f. NJ. Bjshop, of the Midland Investment
never worked with a real
estate exchange, but believe we ought TO
have something to regulate matters II it
can be carried on in the proper manner. on
a sound basis, it would meet the wants OF
the trade
IL. NJ. Johnson-It would prevent an
owner selling over your head and beating
you out OF the commission.
Mathew White-My Impression is that
there is too much cutting and lying for the
good of the trade, and that an exchange
would legitimatize the business.
j. NJ. Ricketts, Real estate business
ought to be made as legitimate as any other
business. do not believe in having a fee
that would keep people out; but enough to
keep up tirstclass real estate exchange.
[ think that if the exchange was under
good management it would have a good in
iluence.
e. b. Wicks-Don't see any benefit that
could be derived from it; but it may be