El Paso herald. (El Paso, Tex.) 1901-1931, 1918-02-01
REALTY DUE To
REVIVE GREATLY
Tom Ingersol Predicts Ac-
tivity After War; Talks
of License Idea.

Licensing of real estate dealers by
state government was point touched
on by Tom S. Ingersoll. secretary OF
the National Association Of Real Es-
tate Boards, who addressed 25 Of FL
Paso's leading real estate men at a
luncheon Friday noon at the Sheldon
hotel. Preceding Mr.. Brown, past
president Of the Sioux City Real Es-
tate board, made a brief talk.
MIR. IngeI soil paid a high tribute
to the initiative and enthusiasm o.
the Ell Paso delegations who are sent
throughout the country annually IN
the interests OF Ell Paso publicity. He
expressed confidence that after the
war real estate would go through an
unprecedented period OF prosperity
Predicts Realty Revival.
Throughout the country there viii
be the greatest activity in real estate
that the country has known. not
boom nor an unnatural. feverish ac
tivity, but steady, prosperous increase
in values and investments
while realtors all over the country
were affected considerably by bust
ness conditions since the declaration
of the war, I believe that on the
whole the balance sheet at the end Of
1917 did not compare so poorly with
other years, as was expected
Working to Win War.
Real estate men in these times are
not spending much time at their buSl-
ness. They are selling Liberty bonds
and war stamps, taking prominent
parts in 7. NJ. c. A. and Red Cross
drives, and in a thousand other ways
helping to win the war. All over
the country I find that this is the
case. Realtors everywhere are enthu-
siastic in their work for their gov
eminent
On High, Honorable Plane.
During the past decade the real
estate business has developed 10 the
point where II can well claim TO be
profession In some cases there are
unscrupulous real estate men and
underhanded practices but on the whole
the business is conducted on sucn
high and honorable plane that II is
equal TO anv profession
"Our literature is small" said Mr..
InEersoll. I'VE have no library, and
only one great magazine However,
this Is being remedied- There Is an
organization known as the interstate
real estate publication council. which
is working hard on the problem OF
real estate library I expect very
shortly to see the country in posses
sion Of a complete set Of text books
on the subject Of real estate
California Licenses Realtors.
a topic that is being much agitated
in various parts Of the country is that
Of the real estate license. All over
the country the question has been
discussed. and many attempts have
been made to get legislation toward
the end OF regulating real estate deal
ers. California is the only state
which has the real estate license in
actually They have a real estate
commissioner. and require operators
to furnish $1,000 bond. as well as be
vouched for by two reputable business
men I have reports that this law is
working very satisfactorily.
Must Plan City in Advance.
Another question which is coming
before the realtors OF the country is
that of the city plan commissions. The
old days Of subdivisions. laid out ac-
cording to the owners ideas are
passing. and IT is time that we were
looking ahead TO the city OF 10 years
from now, and laying out our addi-