Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1912-09-30
REAL ESTATE
Really Transactions SImbL1hed
BY EUGENE KELLY cha Glover Realty Co,

The Atlanta Real Estate Board con-
sists of practically all of the licensed
real estate operators in Atlanta and vi
entity.
Inc new measures which have been
recently adopted by the board. and
which will be put into operation within
lew days, will greatly facilitate real
estate transactions.
From the executive Offices of the
board. No. 1908 Third National Bank
building, there will be issued to mem
bers of the board. semi weekly and
semi monthly bulletins containing q de-
scllptlon and price of all property list
ed for sale with the board The semi
monthly will be recapitulation of the
sem-Weeklv bulletins and will be given
to any one calling for it,
To encourage the listing of the most
sa1able properties for the bulletin. the
number each agency may list will be
limited All property must be listed on
the boards sole agency contract forms
rms form covers a simple agreement
between owner and agent. whereby the
agent is given exclusive authority for
90 DAYS to list with the hoard and to
sell at given price the owners prop
erty. This agreement is similar to the
ones now used by the various agencies
LOT lStlng property for sale.
Great Benefit to Owner.
Any member of the board may sell
any property listed on the bulletin.
rms accrues greatly to the benefit of
the owner, While his property is listed
exclusively with his agent. and no one
but his agent may inspect same. prac-
tlcally every reputable agent in the city
and vicinity may offer it for sale
Heretofore a few owners have had q
hesitancy in listing their property ex-
clusively with one agent. as they felt
II was practically impossible for one
agent to ascertain and quote all pros
pective purchasers. On the other hand,
indiscriminate listing has proved unsat
lsfactory for agent and owner alike
Often different agents sell the same
property to different parties, thereby
causing friction and the possibility of
a law suit
Again, agents will not give the same
attention to indiSCriminate liStings as
they will to exclusive iistings. The de-
tails of the boards sole agency con-
tract have been worked out. so there
will be no likelihood of two agents
quoting the same client. or selling the
same property to different clients
Thus it will be seen that the good fea-
lures of both the indiscriminate and
exclusive listing have been preserved
and the bad ones eliminated
Another new feature adopted by the
board to be put into operation within a
few days is the classification of adver-
tisements in the daily papers under the
real estate boards heading
To Classify Advertisements.
At the present time, one in the mar
ket for say. central property. muse
read through everything from suburban
lots to timber lands in order to find
what central property is being offered
Under the new plan there will be IN
each daily paper a section for the ex.
elusive use of the members of the board,
uniform type will be used throughout,
and properties will be listed under the
following classifications:
Central and Semi Central
Residences
Investments.
COlOTed
Vacant Lots.
Factory Sites
Suburban Acreage.
Farms and Timber Lands.
Unclassified. o
One in the market for d certain kind
of property has only to refer to the
proper classification to ascertain what