The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1890-03-02
4 REALTY EXCHANGE.
Interesting Interviews With
Real Estate Men.
THE sCALPER HAS SOME FRIENDS.
The General Opinion is That an Exchange
Would Prove ofiireat Benefit to
Buyer and Seller

The question of real estate exchange is
again seriously discussed, and to secure
the views of the real estate dealers The
HERALD reporter awaited on as many OF
the profession as he could reach in one day
The interviews are representative, nc
effort being made to select men with any
particular feeling in the matter, and for
this reason they are more valuable as
popular expression of all classes
The interviews speak for themselves,
and will be found to be interesting reading
The men who have had some experience
in organizing previous exchanges IN this
city are very skittish on the subject while
those familiar with the workings of ex
changes in other cities, where the organi
cation was effected on u sounder basis, are
loud in their praises, many of them claim
ing that 1T will do more for the growth and
development of the city than the chamber
of commerce.
The burden of the interviews sets hard
against the curb-stone scalper, who is sci
down as sort Of scalawag and common
scavenger, with no right to exist This
severe Indictment is tempered by the kind
words of Mr.. Lett, which are full of whole
some mercy and sound justice. There
should be regard for the rights of every
citizen to gain livelihood, but the rights
OF no class should stand III the way of the
general good of the entire community, and
IL an exchange Will accomplish here what
1t is claimed to have done for other
cities, the real estate men should surely
nave no difficulty in perfecting their organ
lzatlon, and securing The subs tantial back
ing OF the business men of this city.
Some of the old settlers opinions are de-
cldedly adverse to the movement but many
of these did not seem to fully grasp the
meaning of the proposed organization as
can be seen BY their expressions.
The real estate men who pay rent, Ii
cense and eXpend considerable money in
advertising the city to the world are emit
tied to such protection as they can secure
by organization.
The purpose of the exchange is set out
In many of the interviews so clearly that
any rules and regulations meeting their
wants will no doubt meet the views of the
majority. Every man is entitled to con-
duct his business in his own way and those
that cannot accept the terms can stay out,
though Difference for the viii of the ma
iority should lead all to harmonic their
differences, if possible. Whatever is for
the general good of the real estate men
should be for the best interests of the CITY.
William Fuller, of Fuller g. Young, pre-
sident of the presenter it might now be
proper to say the late real estate board
was first seen, and it appeared the subject
! OF organization among the real estate men
had already been ranking in his breast
Mr.. Fuller said he was thinking of calling
meeting at once, as there were many new
firms who would wish to be included, and
whose views and experience would be val
liable.
A. L. Pollock, of Pollock g. Wilson. late
of Omaha, said that city had started out
with real estate exchange run by shys-
tiers about four or five Years ago and they
had come very near damaging the interests
of the city beyond repair Four or five
months ago the thing had been reorgan-
| lied and some first class blood injected into
| II by the addition oil kountze, the banker.
and Senator Henderson. Since then it
had been successful, and the amount of
good it had been able to accomplish for
Omaha was incalculable. The great advan
tage of real estate exchange was that all
property listed with member was listed
with the exchange, and all members had
an interest in trying to sell it. The one
who was successful had half the commits
sion, the other half going to the member
who listed the property.
But it will be a good thing if membership
| is limited to all dealers who have an Of
fee and pay license, and every Tom, Dick
and Harry kept out.
sSowes IL Bowen-We want to see it if
! it will induce legitimate methods in this.
like those which prevail in other lines of
business.
Bolton & Co.-Anything to keep out
these scads on the street. They're wear
! ing us out.
Mr.. Randall, of Alex. Simpson & Co
II should be a wing OF the chamber of
commerce or run in conjunction with it.
| The gutter Snipes who now infest the real
estate business would have to be barred
out. know one night clerk in a hotel.
who has bigger list than any real estate
man in the town. Think how soft thing
he has; He pays no license and
has no Office rent to pay-but every man
who arrives be takes him under his wing.
Under pretense of shielding from the real
estate sharks and he biceds his man TO
death
Jacobs & Cove are in favor of it from
the word 90
Mr.. Perkins, owner of Perkins subdivi-
sion-lt has advantages and disadvantages:
all depends on the way it is run
w. l.. Barrett belonged TO the real es-
tate exchange in Kansas City, and know
if one were properly run here it would be
worth a good sum of money to me. per
month, in the protection it would afford
from the street buffers who operate with
out license and without rent. | paw here
$50 month and So a month for horse
hire, and plenty of other dealers are unde
the same expense. The gutter snipes
roam at large and operate with no expense.
A combination among respectable dealers
would run them out.
l.. l.. Goddard, of Go lCard s. Rowe-It
was the first tnng asked when | came TO
town; whether they had one or not 1t is
just what we need.
}. i. Heath, Of Yeadon & Heath
haven't thought much about it. They
started one TWO years ago and failed to
make It work
c. ~ Bussche-It's a good thing. They
started an exchange in Denver with a view
10 erecting building with 200 rooms to be
used exclusively by real estate men. If
The 20o real estate men Of this city would
subscribe 1000 each there would be $500
oiO. and by paying p per cent assessment.
enough money could be secured to start the
finest building in this city. BY this way
the real estate mon could start the i'm
provement boom themselves a zeal estate
nan that can't subscribe 81 coo on that plan
had better get out OF town. The 81 900
could include a membership of the ex
change.
L. c. Miller. of Miller & Miller-ThinlS
II would DC good thing. One of the chief
advantages a. Wichita was "a concerted ac-
ton by the real estate men on any scheme
advanced for the improvement OF the city.
u. f. Allen, of Allen x Rea-If they will
go INTO 1t IN Systematic way it will prove
a very essential thing for the good of the
city. | am very much in its favor 1t will
project the real estate men and the buyers
as well
Ross & Collins-Thsre are not two men
in the business that will hang together ten
minutes.
G. \. Roop-Being a new conner, am
not very much stuck on it.