The Idaho Republican. [volume] (Blackfoot, Idaho) 1904-1932, 1923-03-01
REAfi % ..- ''s.s
ESTA BUSINESS
Continued from page 4
estimate of each other, he is ready tc

estimate of each other, he is. ready to
leave town without buying. .s.
The realtors organization Seeks to
replace this condition with respon-
sibility Instead of having each
realtor trying to keep his prospective
purchaser away from everybody else
until he has made sale, the or
ganization seeks to give him the
greatest service possible, the. great
est amount of information about the
community, its property and its peo-
pie, and to protect him against bad
buys paying unconscionable prices
for property or getting something
with defective title or something
that will not yield him fair returns
and thus hurt him and hurt the
town in his esteem. If they show
him land when there is snow on the
ground, and there is gravel in the
soil, they tell him it has gravel thus
and so, and then if he still wants it.,
they will sell it to him, but not with
out knowing what he is getting.
The realtors seek to operate an ex-
change, so that when piece of prop
erty is listed for sale, duplicate list
ing is sent to all members of the
local organization in that town or
city, and they all include it in their
efforts to sell. The one who lists the
property gets a commission for list
ing it,, and the one who makes the
sale gets a commission for selling it,
it speeds up sales and cuts down
tremendously the cost of selling a
given amount. of property. 1t gets
r,,;o cnruiao tho wish
ing to sell, and it does not add to his
cost of selling, since the realtors
only split the standard commission.
The tendecy OF such organized ef-
fort is to make tricky real estate men
honest, to crowd out those who do
not want to deal on the square, to
get the public to know that this i'm
proved service can be had in quick
time, and to enable fewer men to
handle a given amount of business by |
speeding up service and cutting out
the opposition and duplication OF
what may be termed the mean or
wasteful side of the unorganized |
business. When titles are doubtful,
the organization can clear them
much more readily than the individ-
ual, and make sure of delivering the
deed when final payment is made. |
Experience has shown that where
such an organization operates for a |
while, the advantages to all are so |
pronounced that a dealer who does |
not come into the organization can
not list property enough to keep him
in business, and the industry loses
him automatically. The organiza-
tion will admit every honest real
estate man on plain equality with all
members and he has an even footing
in making sales and earning commits
sions. 1t will admit to membership
the dishonest operator and give him
every opportunity to succeed, but he
must obey the rules laid down for all
or he automatically bars himself
from the business.
The addresses covered what has
been cited in the foregoing, and local
men responded with rather hearty
of the principles set
forth The following named men
we're present:
w. ]. Leaker, J. Robb Brady, G. e.
Evans, H. j. Fox, E. H. Clarke, r. S.
Turner, H. R Holmes, w. H. Jackson,
w. B. Walworth, F. G: MCGOWAN, w.
H. Snyder, L. M. Rusk, e. G. Houde,
w. r. Ferris and George w. Wagon
seller, all of Pocatello, and Paul H.
of Salt Lake, special agent, :
ind F. c. Parkinson, G. S. Beebe, j.
A. Stewart, real estate and insurance d,
nen, and Byrd Trego, publisher, of !
3lackfoot. ~