Evening star., 1922-07-01
D. c. REALTY BOARD
SHOWS BIG GAINS
Report to National Conven-
ton Receives First
Mention.

Development Of the Washington
Real Estate Board from the compare
lively inactive group Of realtors
of year ago into one of the leading
real estate boards of the country is
outlined In the report filed by John
A. Petty, executive secretary of the
local board. at the recent convention
in San Francisco Of the National AS
sociation of Real Estate Boards.
1t is customary at these annual
conventions for the boards through
out the country to file a report OF
achievements during the year. These
reports are filed with the achieve
ment committee and a silver trophy
cup Is awarded to the board that pro-
duces the best report. In judging
the competitive reports credit Is pro
portionately allowed for accomplish
ments deemed of benefit to the board
itself. the public in general and the
national association.
The report filed by the Washing ton
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 dues
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.
Luncheons InauEurated.
Coincident with the appointment OF
an executive secretary and the es-
tablishment of permanent ofices. was
a pronounced development of new In
terest in the realty fraternity. A
program of committee activities and
cons and board meetings created a
lively enthusiasm among the mem
bers which has resulted in the ac-
complishment of definite aims.
Through the work of an arbitration
committee mutual cooperation be-
and the adoption of standard ethical
rules has placed the real estate busi-
ness 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 sub tects 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. men,
bers OF the board showed the students
the essential qualifications and train
ing necessary to successfully render
service TO the public and also outlined
the practices indorsed by real estate
boards throughout the country
Under the heading. accomplish
ments of benefit to the public. the
local boards report referred to the
service it rendered the government in
connection with the housing problem
during the arms conference In 1921:
as well as the expert appratsals OF
real estate that were made for the
various federal departments.
Free Service Bureau.
One phase of the boards work
which was featured In the report sub
mirted was the establishment of a
free service bureau, which is open to
the public on all matters pertaining
TO real estate. 1t was explained that
this service greatly facilitates the
handling of real estate transactions
both in Washington and matters per-
tanning to real estate located else
where.
the boards office concerning local
matters, and through the cooperation
is obtained in connection with rea
estate located in any part Of the
country.
Some instances have como to the
boards attention where innocent par.
ties have become involved through
transactions with irresponsible par
ties and in each one Of these cases the
board diligently Investigated the
facts and was successful in securing