The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-12-01

President Funston not only outliNG
what this new commercial organt1aS
ton, that is becoming such fa04
tor in the community, Is, but touch90
on what it proposes to do for CO.
property owners in It's campaign seeRs
put Richmond further along in IT,
, march of progress.)
BY o. III. F'UNSTEN,
President Richmond Real Estate -
change.
We are glad 10 welcome you he's
| tonight. for we must know each otM4M /
| better. to better understand the jill
| ficulties, which must be oyercomest ~
| put our organization in the place ~
| belongs. We must also do our pAlo
| to put our city further on the ro11E
| of progress. We must see to the CQlEN
rection of many evils, which tend<1
retard the growth of our buSin4uE
| The Richmond Real Estate exchauMol
! has steadily grown since Its orgam1M
cation. and 1t will continue to gr~N
/ but we, by concert of action, untM 4
add to the development of the reCfs
/ estate interest. for which We stA1ok "
! sponsor. We have made a mistm14
/ In not effecting our organixa14<
| sooner. for the idea of getting -
gether" Is an old one. the ideA
not getting together is seldom hsAH&s
! of now. We represent one OF
| safest investments known. We u&S5
have the confidence and respectSM9
our people, by uplifting our busine
and putting 1t on the plane wh3N&
! 1t Belongs, and we, as indiyiduala, oH1
responsible II We don't accomplt0&
/ this We must have unanimity s~6
action to bring about the many -
forms, which bear on real estae4
and which are necessary to 70
I fhrnngh at tsauv Gil f,1x- $50 ~
! fctt satisfied that our exchange Ell
do this. If all of US will get in line
ana carry his part of the hurdG1
and responsibility. I'll ~
/, Advantages OF Exchange. %x.s
| TN this occasion / want to impE&I
: upon the members of our organt1np
ton the great benefit which Will -
| suit 10 them, from a closer OBSERVE
/ ton of our ability to give inforutAS
ana especially the transfer Of prom
efty.-Me Rave a card system whxc&
| Is made up f:cBi records gotten 61
/ our secretary each day from t4G1
courts. showing the property traxSs
fered. ard the consideration in NJ
transaction You can use to advME@
tAge this Information, which we N35SS
rapidly compiling. We have purch&
ed all the latest maps OF the city Asf4
! surrounding country. They G3G
! Tor your use. are kept up-to-date, 4E&E
/ IL Is the fault Of the member ifAuMs
does not Use them. This Informs
| tson should be of inestimable vaG13
to these who cannot otherwise kU4e
/ posted on the transfer of propGt{f "a
ami the eunsidt ration at which iEs
I transferred gu can readily zee f1EEa
! great protection thaS such informatf1
Will give, both as to safety in mn
ing loans. ana as to who Is the penm&
ent owner of the property you dseIs
| sire to trace. Our secretary 10 A1yS
ways on hand, Is doing his wUx3
faithfully, and is glad to have any ~ To
/ gestion you may make, by which 1
can render better service, and III
encouraging. to both your officers Ct
/ to him, to feel that the informAf1s
which We have provided Is regulGx<s
/ used by our members. ss3ss9s
| Real Estate Sales Room.
! A real estate sales room 10 -
! modern place for conducting auct1G
sales. and We must all come to 111~
| by having our offerings on the n
change as far as possible. IncrcaSG
| interest in such auction sales y
surely come; 1t will also creates
!, greater spirit OF buying and sclfi
The advantages are numerous, AZ IT.
well know. Only one sale wUHld
scheduled for a certain hour.
weather would not be the .-aus4 81
! postponement; business men eve
attend such sales more regularly,
| better idea of values would
be obtained by both. agent and i xS27 :
| When sales are scheduled on the
| change, We should be very carafutkS
! see that absolute facts are III
| about the property offered. Thu n<
| lie would thus be assured hat "
could rely with safety on such StA4[
ments as much as If they til@rnaNf
| were on the promises at tile n
! of sale. ssSsSB
Delinquent Tenants. @
| The, question of dealing with 1e
| regularly delinquent tenant liz /. n
| ter which we are rapidly solving
a card system we have Installed. u
! in my opinion We will greatly
| to correct the conditions, which
| prevailed here, where some pAF
so regularly from one agent .o
| other. and leave the rent ant
Our records show that In four nat1G
one party was levied on three tt1
! without our exchange our na&1ax
could not keep posted on such Nv
| ditions. As rule the reguIarly
constantly delinquent tenant u ~
| good citizen: he Is often an ohJa@
charity, seeking assistance 1rons
| charitable organizations but NJ
| lteve that by our present card
tenn, which Is made up from f~G
taken from the high constablC.naS
| each day. that we will be able IN
| cate such delinauent tenants NJ
their rent better. and w reoOG
! the impoi lance Of this Obligntt0l
will gradually acquire retto
Of thrift. make better pFovtGlu
their families and better ~
not understand me % INCLUDE
class those who havo
| tenants. but who aro a
taken by sickness ana mte&
for We must show comsldak1e
the circumstances Justify. M
| IN questions u rspatrs mi q
recogniSA tho Ft9hfe N ~ q
well ~ hist n ~ laN