The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1904-05-08
FoR sALH-REAL EsrATE.
WEEKLY. INTER VIEWS THE
ORIGINATOR OF THE
'REANIS SYSTEM

80 30 3 30 -4---
when a man succeeds in attracting the
attention and is financially interesting a
large humber Of persons il is Humdn ma
iure go inquire into his methods People
WHe1 tniS young man. D. DonHan ReaYis,
began ~ distance all competitors. in fact
6 20 estanlisn new class entirely, % create
new field in which he was the sole 0c-
7 cupanl lt was but natural that folks
+ should investigate.
Truth Is endowed with all the curious
TRAITS that ordinary mortais have, anu
. having noticed that ReaTis has been COM
PEELED 90 seek larger quarters TO increase
DIS Qtflce force 90 more than double tne
former number aud i0 secure the sefN-
ices of three competent architectural SUI
perlntendenrs. concluded To look into the
Truth sent a man up to see Reaviz.
ReaYis was in aud ReaFis told him an
Reavis explained how it was that in
rms section he mad Dufit up the greatest
system Of home building known any
where; how he kept busy, one hand writ
the public pulse
How have 7 made success Of this
home building business BY ascertaining
just what people want calling their at
teuliOn 20 f. and showing them how 20
set &c I'm the easiest and cheapest man
Every man wants home II is the
dearest wish of every heart Not rent
ed house. but one of his own. So We
started by asking the question: Whose
roof is over your head1 EVer ask your
self that2 Well you know how it wakes
one I'D
when "a man realizes that he has no
home he makes further inquiries. There
is where we do business with him. we
can demonstrate 90 him how 20 get the
very best for the money, on the easiest
terms Time was when a man who want
ca nome Joined a building association.
lie took 50 many shares Of stock and be-
san making payments. Paid rent all the
time he was doing st. but every month
ne walked 10 the office and deposited his
cash. The board of directors farmed IL
out drew interest on il. paid salaries and
expenses out OF IL. and finally, after the
fellow had grown gray, IF the board was
Wiling, he got a loan. signed an iFOnclad
set Of papers and settled down 90 work
ueuidating. Sometimes he paid for the
place lit ne was healthy and came from
long lived family and sometimes he
dld not The interest, like Cascarets
worked while he slept ana he had a
NOW when we find a man who wants
a nome we arrange lt SO that he can get
Il right away We build him a new
mouse, just the way he wants IL, all
ready TO move into. He quits paying
rent in the Old place and has his money
90 apply on the new home. The interest
ment reduces the interest to be paid so
that it averages only about 4 per cent
on the term of the loan. The first thing
the man knows he owns his home.
we make a speciality of new homes.
Why Because no man wants an old
house. An old house. costs nearly as much
per year in taxes as new one and it is
always ln need OF repairs. People sell
OLD houses TO get the money 20 build new
ones Everybody wants a new house.
Then why not have new one Ia the first
Saving for home beats a saving bank
an hollow A man may be in debt and
struggling to set along and deposit his
money In a saving bank. The Judgment
creditor attaches the account But when
ne puts his money into a home that is
exempt he IS safe
are we doing business
We'll, some.
Let me illustrate. Last year we erect
ed $4,000 worth of new homes for men
Of moderate means. During the next
fiscal year we viii have erected over a
Halt million dollars worth. "
Right at this point. Truths man made
a mental calculation which demonstrates
tAat HeaVls Is public benefaCtOr. That
means an increase IN the amount of rev
euue derived from taxable homes TO the
extent Of some Sl6.0oo.00 and ought TO
taxes 20 say nothing of increased reve-
nue. TO the city in the matter of cost Of
water supply etc
We are not hiding our light under
husnei, either continued Reavis. 1--WE
talk to the people every day through the
Newspapers We do not let the knockers
"Our business Is conservative. Every
transaction IS as carefully conducted as III
IL were la a bank. We close everything
up every day Each transaction is fully
completed on q basis that leaves no
cLia-nce Tor risk either to the buyer or to
the seller.
The business public recognizes the sta
oilty or the concern and of the plan. lBy
the way, IL may be stated right here that
IN less than a year after engaging I'm bust
ness Mr.. Reavis was elected a member OF
me governing board of the Real Estate
esteem In which he is held by his bust
ness assOcIates.)
NO conditions seem to affect US. Here
in presidential year we are doing big
ger business than ever. We have found
out what people want and ere giving IT
TO them. Some real estate dealers COM
plain that business is poor We do not
una IL SO. Whyy Because we are build
ing homes, not because we are swapping
a lot IN one portion Of the CITY for one
IN another and dickeTing for boot like a
vermont horse trader
we are erecting homes and good
homes, cheap We are giving the man of
moderate means a chance to get a place
WneTe ne and his children Will be safe.
where the irate landlord has no hold on
him. and We expect to increase and in
crease until the 'Reavis system OF home
building makes Salt Lake CITY as Ia
nous as the brand Of brew made Mil
Waukee.'
We ARE NOT
the Peal ETefaHa Eltr-Frse-