Evening star., 1922-02-11
VALUE, OF REALTY COURSES 80
IN EDUCATION EMPHASIZED
John A. Petty Sees Great Need for the
Systematic Study of the Business
Fundamentals.

Value and accomplishments of real
ty courses in the curriculum Of edu-
I. cational Institutions are outlined by
John A. Petty. executive secretary
of the Washington Real Estate
Board. in an article featuring the
February issue of the National Real
Estate Journal. official organ Of the
National Association of Real Estate
! Boards. "
That there is a every great need
for systematic study in the funda-
mentals Of real estate" is every day
becoming more apparent to realtors,
! Mr.. Petty states.
The constant ebb and flow of the
tide of irresponsible. incompetent and
unworthy who try out in the realty
! field and leave their imprint of err
rors Is one of the most serious prob
lens that confront the profession" /"
the executive secretary asserts.
Ihi' condition: perhaps more than
| any olher single element, seriously
retards reaching the ultimate goal
of professional standing. that our
work Justly merits and which is
! highest type Of men,"
States illogical First step.,
study courses in the universities.
commercial colleges and local
branches Of the Y. NJ. c. A.. Mr.. Pet
~ points out, is the logical first
step and Is in reality only the feeble
utterings of a bigger and broader
years"
1t is stateu that the present status
OF these various courses is similar
70 tnte beginning of banking educa-
tion; which grew out Of the work
OF the American Institute Of Bank
institute of Bank Clerks. Like real
estate. the banking profession was
without definite or comprehensive
written matter other than purely
economic text books. This organi-
cation in less than twenty years
aSsrs ss slGwn oit ana now has chapters in
every city OF any size in the country,
as "ell as a corresponding chapter
for rural districts It has evolved
standardized text books on money.
banking and banking law that are
oeing universally used in banking
-aaynipe step eta eat eta eta eta ct
me work OF the Y. NJ. c. A. and
otners, through their courses in real
estate Is today laying the foundation
1or systematic. definite and broader
eoucational accomplishments to come,
AaASAA justly oSScTVS LnG serious
consideration and unstinted supuort
OF realtors and educators throughout
the land" Mr.. Petty says in the
Comment ON Y. NJ. C. A. Course.
Referring to the local Y. NJ. C. A,
real estate course. he continues:
with the material in hand we
nave been able to give more than
lectures and simple quizses, but we
should now be studying with the pur-
pose of further development that will
show gains each year. Thought
should be given to practical class
room methods in the matter of lay
ing out the basic principles of the
subject as well as the actual prac-
tlce, In such a way that will produce
definite results in Individual ac-
complishments.
When the Washington branch of
the 7. NJ. c. A. had me take over the
real estate course this year the flrst
thing we did was to arrange a course
of lectures by local realtors and
other specialists. The course was
seriously studied out and the topics
arranged with some idea of chrono-
logical sequence. From a study of