Great Falls daily tribune., 1920-10-07

GleCteu temporary secretary OIL tUe
Great Falls Realty board. organized at
meeting of Great Falls real estate
dealers with representatives of the Ma
/ tional Realty association and the Inter
| state Realty association, in the palm
room of the Hotel Rainbow Wednesday
night.
The next meeting Of the Great Falls
| board will be Tuesday evening at
o'clock in the palm room of the Hotel
Rainbow, to elect permanent officers
and to receive reports from the commit
| tee on constitution and bylaws and
| from the membership committee The
organization will apply Immediately for
membership in the National Realty asso-
citation, and many of the members last
night became members Of the Interstate
Realty association. The board was or
ganized with an initial membership of
| eleven firms and a membership of at
| least 20 is expected by next Tuesday.
Four Speakers Here
Z. B. Arthaud of Hoquiam, Wn, vice
president of the National Realty associ-
alton. Paul E. Cowgirl of Portland, Ore,
| secretary Of the Interstate Realty as
| sociation and secretary Of the Portland
Realty board. \. M. Apple Of Lewis
| town, president of the Lewstown Real
ty board, and Peter Yeagen, il. of the
Billings Realty board. were speakers at
the meet. J. II. Corcoran presided
A luncheon of realty men was held
Yesterday noon in the banquet room of
the Park hotel when the purpose of the
organization was explained. Speakers
were ]. NJ Burlingame George Hickman
and Fl. Rudolph Cf Fort Benton. Nearly
all OF the real estate dealers Of the
city attended
pnQcaua Of bo rnrz;1~ oe ~
legislature Of Montana il Janra~v - a
zeal estate license law. which wou1d re-
nIlf: state license to sell real property,
q bend for all firms dealing il real
tate, and also contain a proviso that no
firms which do business without having
business office would be able to Sc
cure licenses, will be one OF the first
matters to be undertaken
Public Suspects Dealers.
Because Of the suspicion with which
real estate dealers today are viewed by
the public, conditions have become very
serious. declared Vice President Arthaud
IN talk to the realty men last night.
Formerly nearly 60 per cent of the oeo-
PIE ~ the 'nitcd States were land hold
ers Now between II ana 40 per cent
own real estate. or approximately a
third
The government Of this nation II bas-
ed primarily on the individual ownership
OF land he said. Now. however. only a
little over a third Of the people own real
property. The average man who owns
some land is considered a pretty good
citizen. and he generally is.
Forty per cent Of the wealth Of the
country is represented III real estate
The entire burden of the cost of the
government is placed on the land. Com
mcrcial organizations. business men and
others urge the individual citizen TO own
his own home, and do nothing to make
that home desirable or profit TO him.
Other property should Be taxed wherever
it bears profit.
AnaIyzlnu Immigrants.
Zone Of the biz things which the
National Realty association has under
taken through the Washington, u. G.,
bureau is 70 analyze the immigrant aues-
tion. In the past immigrants landing in
the United States have been sent any
where in the country, regardless Of
whether they came from an agricultural
or mining community. Much Of the
unrest in the nation today is because the
foreign element has been put to work at
some trade unfamiliar to it, and has been
hcrded into colonies. The National Real
ty association is attempting to have these
immigrants analyzed and have machintsts
sent where they will be the most familiar
with their work. the agriculturalists to
the field and the carpenters to places
where they will find thcir kind of work.
A meeting viii be held in Butte during
the first of December of real estate men
In all parts Of the state. under the
auspices Of the realtors in Butte. TO dis
cuSs legislative measures to come before
the next session of the state legislature.
''Ihe organization Of realty boards car
ries ont two ideas. We want by the as
sociation and co operation of realty men
and business men of the community to
raise the standard Of the real estate busi-
ness. and secure uniform practices.
Realty Business Largest
Sales Of real estate during the past
year were greater than the sales in any
of the other five largest industries of
the United States. and the year was not
abnormal But still. the men behind
organized. The real estate men want
the confidence Of the public. They
haven't organized because they haven't
had confidence in their competitors.
They arc suspicious of each other and
then wonder why the public hasn't con
fidencc.
boards already organized have been
helping in community development. |
Wheat is dropping in Montana. When |
wheat goes down lC lowers the demand
for the community which We have to sell |
In Montana you have the Non partisan
league with you. as we have in Wash |
ington. to contend with. The Non
partisan league wouldn't get very far
if there wasn't something radically |
wrong As long as We do not try 10 |
correct the wrongs the Nonpartisan |
league and other similar movements will |
continue TO exist. What are we doing |
as real estate men that we allow these |
conditions TO exist!
Our business depends on the profit |
able ownership of real estate. We are |
only about one sixth organized, yet We
are beginning to be felt The realtors
were first recognized by the present |
administration as such. They were in
charge Of housing during the war and
through local appraisal boards millions
of dollars we're saved the government. |
Create bigger demand for real estate
aud you win get bigger sales. IF you
haven't something to sell that will suit
purchaser, then don't send him out of
town. Get your competitor to sell him
what he wants, and in that way retain
another landowner in your community.
Get tho mid of tha national accnpiatiop