The Washington times., 1922-07-01
SHOWS
PROGRESS OF
REALTYbOARD
Executive Secretary, Reports
Greatly Inoreasd CO. -.
operation.

o. TFOkEcbb HiuuC py thC
Real Estate Board since the reorgani.
zation about q year ago is reflected
In a report filed by John A. Petty,
the executive secretary. at the recent
convention of the National Associa.
ton of Real Estate Boards. 1t Is Gus
tomary at these annual conventions
for the boards throughout the coun-
try 10 file a report of achievements
during the. year. These reports are
filed with the achievement commit.
tee. and q silver trophy cup is award
ed to the board that produces the
best report. In judging the competi-
tive reports. credit is proportionately
allowed for accomplishment deemed
of benefit to the board itself, the pub
lie In general and the national asso.
ciation.
The report filed by the Washington
Real Estate Board, which received
first honorable mention In the con.
test, covered the work done during
the past year since the local board
established permanent offices. Dur.
ing the year. the report sets forth,
membership in the board was ex-
tended to include statesmen and prop
erty owners. Active members dies
were materially increased, but not
withstanding this, the active mem.
bership has increased and the addi;
tion of associate members has more
than doubled the total membership.
Coincident with the appointment Of
an executive SECRETARY and the es-
tablishment of permanent offices was
a pronounced development Of new in
terest in the realty fraternity. A
program Of committee activities and
he Inauguration Of regular luncheons
and board meetings created a lively
enthusiasm among the members.
which has resulted In the accom-
plishment Of definite aims.
Cooperation Is Increasing.
Through the work Of an arbitra.
ton committee. mutual cooperation
between members 10 steadily increas-
ing, and the adoption of standard
ethical rules has placed the real cs-
tate business on a more professional
basis.
Special interest has been shown In
the educational work conducted by
the board. Meetings at which the
statesmen members were present have
been held regularly and subjects per.
tanning to the fundamentals Of real
estate work. legal responsibility and
ethics have been discussed by COM
petent speakers.
Through the real estate class at
the Y. NJ. c. A. members of the board
showed the students the essential
qualifications and training necessary
to successfully render service to the
public and also outlined the practices
indorsed by real estate boards
throughout the country. Under the
heading accomplishments, OF bsnefit
to the public, the local board'E re-
port referred to the service II rem
dered the Government in connection
with the housing problem during the
arms conference in 1921. as well as
the expert appraisals of real estate
that were made for the various Fed
eral departments.
One phase Of the boards work
which was featured In the report
submitted was the establishment Of
q free service bureau which II open
to the public on all matters pertain.
ing to real estate. 1t was explained
that this service greatly facilitates
the handling OF real estate trensac-
tions both in Washington and mat.
ters pertaining to real estate located
elsewhere. Advice and information
is given at the boards office concern
ing local matters. and through the
cooperation OF affiliated boards the
same service is obtained In connec-
ton with real estate located In any
part Of the country.
Board Against Rough Work."
Some instances have come to the
boards attention where innocent
parties have become involved
| through transactions with irresponsi.
BILE parties, and in each one Of these
cases the board diligently investi.
gated the facts and was successful
in securing justice or reparation to
the end that satisfactory adjustments
resulted.
BY reason Of the boards activities
IN establishing and maintaining
ethical practices among its mem.
bers. public confidence in real estate
dealings has increased. This, TO.
| gether with the work of the board In
assisting the public In adjusting ir.
regular practices by untrustworthy
brokers, has received the support OF
the local press as we'll as other local
civic organizations.
The local papers invariably give
publicity to the boards activities,
and this 10 assurance Of the fact that
they are in sympathy with the civic