The Washington times., 1923-11-17
Realty
Real Estate Ethics.
Increased Building.
Virginia Projects.
Mr.. Boteler Speaks.
by ROBERT LESLIE BELLEM.
Real Estate Editor.

Mr. 6Ol6tGT OpedkSs
l.By ROBERT LESLIE BELLEM.l
Real Estate Editor.
TIME code OF ethics in. selling
= real estate as adopted and
practiced by over five hundred
real estate bodies affiliated with
the National Association of Real
Estate Boards came in for some
very intelligent discussion by John
A. Petty, executive secretary OF
the local realty association, at
meeting of one of the Washing
ton real estate sales organiza-
tons recently. No more ~impor-
tant fact can be driven home to
the average real estate salesman
than that selling ability is not the
entire alphabet Of success in the
realty-or any other-field. SerV-
ice first, last and all the time IS
as necessary for the realtor IN
order to retain satisfied clients
as gasoline to motor car.
Service takes many forms; com
pIete knowledge of the commonly
dealt in, for the best advantage
OF the client, is one Of the main
requisites. For a realty sales
man to neglect his education In
property values, conyeyancing.
financing and the many hnored
subjects of his profession Is TOT
him to wiIfuily fail to recognize
the duty he owes to his pros
pect."
BECAUSE of this recognition on
~ the part OF most real estate
operators and statesmen or the
dirty they owe the Client the
real estate business has estab-
Ished itself in q niche many
times higher today than 1t oc-e
cupied ten or twenty years ago.
And no more indicative COM
mentary on the present-day at
titllde of realtors, educators ana
the general public alike to the
status of the true, trustworthy
real estate dealer can be found
than the growing number OF realty
classes held in 7. M. c. A. schools
and even higher colleges.
All of which Mr.. Petty must De
e,iven prior credit for having SAID.
This. however, should not de-
tract from q repetition OF the les
son.
AN interesting set Of figures is
"A sent up this week by the
American Contractor. deaIs
with building permits as issued
in 1913 key. cities OF the countIys
and discovers the very importans
fact that over $3.50, 000, 900 worth
Of building permits were issued
In October OF this year-nlgner
than any previous OCTOBER IA
history, with the possible excep-
tion. Of war times.
Take q glance at the graph
which accompanies the figures.
Both figures and chart appear
elsewhere In this section.
ERoM no less an authority than
= LYON and Fitch themselves II
a. learned that over $40. 900 worth
Of lots In their new Virginia sub
division. Lyon Village, already
have been sold. This property, you
will recall, has been on the mar
ket hut q very short time.
Another Virginia subdivision
very much in the public eye -
Mrs. Ruby Lee Minar's Lee
Heights" The Minar office re-
ports additional sales totaling
twenty thousand dollars within
the past few weeks.
Things seem to be going rather
smoothly on the other side OF the
Potomac!
UNHE effect of an amusement en-
i ferprise OF higher class upon
a neighborhood's business Is I'M
doubted. The effect, upon ada
cent realty values Is equally in-
dIsputable. Mr.. Nelson Bells ar
tfcie on the new Crandall enter
prise. the Tivoli Theater, under
construction at Fourteenth and
Park road northwest, and its eff
feet ION surrounding real estate,
makes interesting reading. You
will find it in this section.
WILLIAM SHOCK BoTELER,
w who has been in the realty
field. in Washington for the past
ten years and who recently left
the organization Of the Allan L.
Walker Company to assume charge
of the sales department Of w. G.
and A. N. Miller, local realtors
and builders, holds an optimistic
outlook upon the realty situation
here for the next few months.
During the past week or two we
have noticed q very marked in
crease In sales over the slight
period of depression that seemed
to exist in some quarters i'm
mediately before. Our subdivision
near Wisconsin avenue, Wesley
Heights, Is going along at a great
rate. We have sold every COM
pieted home there with one excep-
ton"
This Miller operation, by the way,
is one of the very few in this part
of the country that operates q
gratis bus service connecting thu
project with the car line for the
sole use and benefit Of the nonauto
owning home owners in the sub
division.
T7E Illinois Realtors Associa-
ton at its recent annual con-
Vention adopted in entirety the
model constitution for State as
sociations suggested by the Ma
tioHal Association OF Real Estate
Boards in conjunction with the
Committee Of State association
presidents.
The Baton Rouge Real Estate