Amarillo daily news. [volume] (Amarillo, Tex.) 19??-current, 1921-02-01
REALTORS PREDICT
STABLE BUSINESS
IN NEAR FUTURE
EFFORTS Will BE MADE TO Op
CAME BUILDING CAMPAIGN
~ AMARILLO.
"Aiorc homes In Amarillo"

And n members Of the Amarillo Teal
Estate Association have anything TO do
with the affairs of the city. many new
homes viii be- erected within the next
few months
with almos, every member of the as
aocIation present nt the regular meeting
and banquet Monday evening. and with
enthusiasm unrcstraincd. many fea'
lures concerning the city's growth were
discussed. The meeting waa called TO
order by Chairman John II. uilvin.
During the first hour members and vis.
itors were busily engaged at the
table, where Humptuous banquet
had been spread. Tho banquet com
mittee had left nothing undone. ana
many favorable comments. concerning
the dinner. were heard.
After the dinner Chairman Ollvin
called attention 10 the fact that there
were many questions 10 be- considered
M well as committees to he heard from
The first committee 10 report was com
poscd ~ ]. X. Gaut and John Gilvin.
members who represented the Amaril'
10 Association at Austin last week nt .
meeting called by the state secretary.
for the purpose OF having bill intro
duced In the legislature which would
protect Legitimate real estate deal
era. 0r regular realty firms against
outsiders.
This bin was presented. and II II
thought tina, Il win he favorably acted
upon. though In all probability II viii be
neccasary for committee members u
make another trip 20 Austin.
Il Other committees made reports. ai
OF which were accepted. Following the
regular routine ~ business n round
table discussion was had. Many mem
bers. including one or two out-of9town
members. took part In this discussion
JR. 0aut. In lengthy address. men
toned the fact that nt this time, ANA
rlllo's greatest need 'is more homes"
Many plans have been tried out. but
a plan whereby home may be- erected
without cash was new to the members
Mr.. Gnut. however. stated that II is
possible 10 erect n home withou, cash.
ana gave as proof tho plan he has
adopted.
II wna pointed out by the speaker
/ that there ARE many times ideal build
crs who are willing. In order To secure
employment. 90 wnit Ter their money.
/ Lumber dealers. too, have proven that
they are ready to offer assistance by
selling materials on time. A building
was recently erected on this plan short
| Ia after the building had been completed
| Il was sold. and the cash payment was
of sufficient size 10 take up most OF the
[ indebtedness. Carpenters we're paid.
and other parties connected have been
partially reimbursed, and Amarillo has
another home.
A majority ~ the dealers are opti'
l mistlc. according 10 their statements
I Business they say. IN by no means poor,
and each week In better than the pre-
ccodlng one. Almost every speaker
voiced tho sentiment that stable" bus
/ mess was near. People ARE learning
/ what they want. and as n result are
making purchas.a During the past
four years many large deals have been
/ made. and II IL not expected TINT thcsc
/ will bo M numerous In the future. yet
the dealers are not pessimis,ic Future
/ business will he different. hut In the
end II viii prove just as satisfactory
was the sentiment voiced.
A. this time u majority of tho real
estate dealers In the city are members
~ the association. and steps viii be
taken 10 secure additional members IN
the future.
Meetings ~ the association. In th'
future. win be- held on the second and
fourth Friday evenings of each month
ON the second Friday regular busi
ness meeting viii be held at the cts
hail. while ON tho Fourth Friday
combined business meeting and banquc
will be- held either at the Harvey Hous
or Amarillo Hotel