Evening star., 1921-05-28
REORGANIZING OF REAL ESTATE
BOARD PROMISES PROSPERITY
Full-Time Secretary, Permanent Rooms
and Weekly Luncheons Decided For
go; Under New System.

An era of unprecedented prosperity
in the Washington Real Estate Board
along not only professional but civic
board as a result of the complete re-
organization plan adopted Thursday
night providing for operating the
board on a permanent business basis
under the direction of an executive
secretary. who will be John A. Petty,
secretary of the former organization.
The realtors body will begin opera
tion Immediately under the new sys-
tenn. which resembles generally the
working plan followed by the Board of
Trade. the Chamber of Commerce and
other business mems organizations in
washington. and which is analogous
20 the mode of conduct Of most of the
larger real estate bodies throughout
the country.
I: Like many of the commercial bodies
In this city it is planned to institute
a series of weekly luncheon meetings
s'n a downtown hotel or restaurant. to
which prominent public and private
speakers will be invited. In this way
the board hopes to exchange views
with many interests having relations
with real estate and thereby create a
closer understanding between all
parties concerned.
study OtAeR BO0f00.
: 1t was apparent to the committee
ganization that study of the meth
DDS of operation of other boards was
essential to a development Of plan
adaptable locally. Accordingly the
committee obtained access to data of
broad character collected recently by
fhe executive committee Of the board.
covering information as to the de-
tails Of operation of such boards. The
rommittee had before 1t not only the
accomplishments Of other boards, but
!he various phases Of the work that
had been reported voluntarily as be-
ing inadvisable. it is pointed out.
: In making its report to the board
Che reorganization committee empha-
sized that from reports in hand it
appears that not a single board ever
lime secretary after it was once
adopted. Several of them cautioned
against Undertaking too many things
et the start and all reported that their
ORGANIZATIONS had progressed and
bilities. The general trend was one
pf accomplishments in a broad way,
Father than operating merely to reg
hlate the brokerage business, it was
stated.
Permanent Omees.
: The committee explained that it
0ScHCu AuSlS6Uic 10 IOCdte tne pcI1hd.
hent offices. comprising two rooms Of
suitable size, In the central part OF the
city. One room will be used as the
cfiice Of the secretary and his stenos-
fapher and the other as . conn::'ree
meeting room. The office room will he
EQUIPPED with typewriter. desks. plat
books. files. etc, and the other room
will be provided with chairs to accom-
tnodate gatherings Of realtors. 1t was
also recommended that a room su,n-
riAnflv Ia m ha1d
ings of the full board should be added,
as finances permit
Following the almost universal sue
gestion Of other boards. the committee
ington board would not undertake any
very elaborate proposition Of detailed
work, but should start ''in a modest
way and gradually grow to any accom-
plishment that seemed desirable
II was provided BY amending the
constitution Of the body that the ex-
ecutive secretary should be appointed
and his compensation fixed by the ex-
ecutive committee and that he. should
be responsible to that committee for all
his Official acts in the performance of
his duties. 1t was advised that with
this reorganization the boards activi-
ties would be broadened and 1t would
function more efficiently II its execu-'
governing power. met weekly on stated
day and hour for the purpose Of keeping
in close touch with and directing the
secretary in matters of policy.
Ts Inerease Dues.
The report, as adopted, suggested
that the dues Of active members be
increased to $50 a year. from January
L. 1922. with an initiation fee for new
active members of $25. 1t is expected,
from conservative calculation. that
300 associate members can be obtain
cd through an intensive membership
drive. Associate members will be
taxed so year.
The decision to enlarge the scope
OF associate membership to include
Observation-Disclosures IIIllhNIITIlT