The Minneapolis journal., 1902-08-20

Kansas City real estate men appreciate
good things and know how to express
their appreciation When they were
about to leave the twin cities at the close
of their recent visit they said many highly
complimentary things about the cities and
about the royal manner in which they had
been entertained and now they have gone
home and said there just as nice things
about the twin cities and those who deal
in the ground under them as they said
here. But men who have helped make
a great city like Kansas City could hard
ly fail to appreciate greatness In others.
Here is their story as given to Kansas
City through the Kansas City Times:
The delegation of six members OF the
Kansas City Real Estate Exchange has
returned from Minneapolis and st. Paul.
The trip was made at the invitation of the
Minneapolis real estate men, delega-
tion Of whom recently visited this city.
The exchange of visits was brought about
principally for the purpose OF studying
real estate methods in the different cities.
'The Kansas City men who went on the
northern trip are r. H Phelps, A. A.
Whipple, E. C. Cowan, w. H. Roger, D. P.
Hunter and f. Wickey. They are loud In
their praises of the treatment they re-
ceived and declare the visit a most in
structive and profitable one.
They treated us like princes said
e. H. Phelps, last night. Mr.. Phelps is
president OF the Kansas City Real Estate
Exchange. We travelled extensively over
both cities in tally-hos, automobiles and
chartered street cars. They banqueted
Ns every day, and it seems to me our
| whole time was made up Of riding and eat
| ing. We were delightfully."- impressed
with the appearance of the cities. Their
streets are kept as clean as a floor, there
are many beautiful residences and mag
niacent parks, which are strikingly beau,
full by nature and also artifcially.
Minneapolis has nine lakes within
the city limits, which furnish a lake
frontage of twelve miles. The park board
controls this frontage and system of
boulevards connecting all Of the lakes
ly shaded, the trees almost touching in
the center of them, although they are
wider than ours. The residence grounds
are so ample and so artistically laid out
that the effect Is beautiful. Residence
lots are plated deeper than they are here,
we scarcely ever exceed 1S0 feet in depth.
Comparison of Prices.
"'A singular condition in the value of
residence property exists both in Mime
apolis and St. Paul. The price for the
best property there ranges from $500 to
S4O0 front foot, while here the price has
hardly reached 500. On the other hand,
the poorer lots sell from IS to $40 front
foot against $40 to $25 here. The reason
for this is their ability to plat in all di-
rections, because the river, in each case,
runs through the city. In Kansas City
plating of lots is limited to two direc-
tions.
Much of the bitter rivalry between
the real estate men Of the twin cities
which was so much In evidence some
years ago, has been eliminated, and they
are now working together to the advan-
tage of both.
d" AS a rule. we found the real estate
business better systemiZed than in Kan
sas City. The Torrens system Of land title
transfers is in vogue in Minnesota, as Il
has also been adopted in several Other
states. This system does away with alb
stracts. Minneapolis real estate mon will
undertake the sale of no property unles.
they are guaranteed the exclusive agency
for the same. Neither will they become
agents to rent property unless they arr
permitted to collect the rent. This in
sures a uniform rate and prevents tn,
existence of eight or ten sign boards OF
piece of property, as we are accustomed
to see in Kansas City.
No Curbstone Dealers.
They will not recognize curbst on
dealers. This term is applied to men VIII
do business without Office or license an
who solicit division of the commission
with legitimate dealer. This we ar
sometimes forced to do In kansas City
In those cities man must be membe
of the real estate exchange in order t