The Washington times., 1923-02-15
ACTION On
PLAN Is
NEAR
Move to Be Well Under Way
When National Convention
Meets i'm June.
By GEORGE FRANKLIN.

ny UEORUE THANH Lin
Real estate interests Of America
win have Washington as a ma
tional headquarters if local real
estate men are successful in their
efforts to secure the removal of
the headquarters of the National
Association of Real Estate Boards
from Chicago to this city.
Definite Action Near.
While members of the Washing
ton Real Estate Board refuse to dis.
cuss the movement, it was learned
today that definite action toward
that end is about to be taken
The next national convention of
the association will be held in
Cleveland. in June. BY that time,
5it is predicted, the plan will be we'll
under way. That the removal will
meet with the general approval of
the affiliated associations is regard
ed as certain as Washington is
now generally recognized as the
proper location for the central or
ganlzation headquarters of bodies
having a national membership.
washington real estate interests,
II is pointed out, have set the coun-
try an example in organization
iS 166dI
Board is functioning not only as
cooperative association but reach
ing out along educational lines in a
way destined to cause the business
10 become recognized as a profes.
sion
Not only are special courses GOV.
erlng reality dealing being given at
the Y. NJ. c. A, but the association
mas established an arbitration board
winch settles many of the misunder-
standings arising between operators
which otherwise would be taken
INTO the civil courts.
Facilitates Transactions.
In another direction the associa-
ton is rendering citizens a service
which cannot be too highly esti-
mated. Through its service bu-
reau it facilitates real estate tri. as
actions in all sections of the com
try, while it acts as a protector
OF the victims of INSCRIPTIONS
dealers, frequently forcing the lat.
ter to make proper resolutions.
Those unfamiliar with real estate
transactions find 1t ever ready 70
aid them in buying and selling
properties. This service is open ia
any one requiring it's assistance
and is rendered free
The Washington Real Estate
board is designed to standardize
methods, to secure the adoption of
certain rules governing real estate
transactions, and to educate its
members in the proper conduct of
their business" said John A. Petty.
executive secretary of the board.
today
There are approximately 3SO
members of the board. all actively
engaged in the real estate business.
At first il was sort of good
fellowship organiza ton, conducted
more along social lines than those
of business
Later the possibility of making
It one of the constructive agencies
of the city became apparent, and
the board became what it is today.
Members of the board came to
work together They found it pos
sible by cooperating to close inn
portant deals which individually
they could never have put over.
This cooperation among members
has been one of the deciding fac
tors in city real estate history, and
] do not believe it is possible to
oYerestimdte it's value 10 Wash
ington.
Not Merely An Exchange.
at would be a mistake to assume
the board to be merely function
ing as an exchange. While it
must necessarily always be instru
mental in creating business. Its1
chief aims are along educational
lines. The business is of vital i'm
portance enough to warrant it's
being recognized as profession
and raised to the dignity OF one.
When you get down to bedrock
you will find the city's prosperity
and progress largely determined by
real estate conditions. II is a
business dealing with lifes funda-
mental necessities, whether in city
or country and certainly is of as
much importance TO the public as
any of the professions.
AS a matter of fact the real
estate business has become a sci
ence and to conduct 1t successfully
must be carried on along scientific
lines. II Is the widespread recOg-
milton of this which has caused the
realtors of the country to urge its
recognition as profession. Wash
1ngtOn, in my opinion, is the logi-
cal place for the National Associa-
ton headquarters now in Chicago
There is a possibility that Wash.
ingtOn may secure the 1924 national
convention of real estate boards