New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-07-26
REALTY MEN IN
OPTIMISTIC MOOD
New York Delegation to Recent
Convention Reports Encourag-
ing Business Conditions.

The New York delegation 10 the re-
cent convention Of the National AssO-
citation Of Real Estate Exchanges in
Pittsburgh reports general tone or
optimism concerning business condi-
tons in all parts Of the United States
and Canada One Of the resolutions Of
the convention was a. follows: "That
the comparison OF data brought from
all parts OF the United States and
Canada proves The inherent stability
OF real estate values under the bust
ness conditions Of the last year. The
greatly enhanced demand for realty IS
resulting from - the diminishing re-
turn from securities issued by public
service and other corporations; 90
the fundamental sOundness of mercan-
tile conditions. and - the certainty
OF the largest harvest IN the history Of
the country"
The high ethical standards OF the
members active in the convention was
another point commented upon by
those present. This was reflected IN
other resolutions as follows:
"That the real estate exchanges IN
all parts Of the country merit special
praise for furnishing the best expert
appraisers upon call by public officials.
Work Of the same quality IS available
for the difficult but important revalua-
ton Of the railroad lines OF the United
States.
THAT We commend the devotion %
duty shown by The New York and other
boards that have demonstrated the
need and value Of our professional care
for the great realty interests o. the
country. May the scope o our service
% clients and patrons be proven by IN
increased participation IN civic AFFAIRS:
Further, We resolve that the sale of
real estate and real estate securities
~ grossly inflated values and through
false statements Of fact must be pre-
vented bv thorough investigation. pros
ecution and publicity in cooperation
with local and state organizations.
THAT every offer Of brokerage ser
vice under conditions which are mani
testify impossible and fraudulent must
be given attention by like means and
the public protected against imposters
who seek TO profit from listing rather
than from selling.
"That no advertisement Of any real
estate. real estate brokerage service
or course Of instruction IN real estate
/ brokerage should De admitted 10 any
official publication OF this association
without the lndOTFcmenf OF IOcdl or
ganization or special committee OF
this association. as may be prescribed
b., our board Of managers.
That this association should make
q special study Of Way and means for
regulating the business Of real estat'
brokerage. with a view 20 establish
ing uniform professional standards
and enabling the public 20 clearly dis
Germ the difference between the ped
ding and the professional elements
m the business Of real estate broker
ape.
Aside from noting the accomplish
nents recorded in their several re.
ports. the highest tribute that can be
paid 70 the work Of relident Simp-
ION, Executive Secretary lngersoll and
/ their capabl. associates Of the past
year. is 70 record that they have al.
tfsc,ed % this convention an increased
proportion Of the leaders in our pro
fegHon.'
Thee re.olutions we're framed h.
the chairman % the committee. who
Wa l.. y. Woodworth, Of the Garfield
Company. Rochester. Other member
were leading broker from Salt Lake
1 city. Atlanta. Columbus. Norfolk, Spo.
kane, Akron and Pittsburgh.