Evening star., 1923-03-31
D.C.REALTY BOARDTO OPEN
NEW OFFICES in X STREET
Formal Program Planned for Removal
to Handsome Suite-Large Attend
ance of Realtors Expected.

Announcement of the establishment
Of the Washington Real Estate Board
in new offices, third floor Of the recent
ly-completed Boss & Phelps building.
1417 X street northwest, and OF a formal
:. ening Monday in celebration Of the
vent, was made today by Charles S.
lreve, president Of the board.
The new headquarters OF the organt-
alton are arranged TO accommodate
the executive offices OF the board, and,
In addition, provide assembly rooms for
the various committees.
Routine Work Increases.
President Shreve, in his announce
ment, pointed out that the executive
committee. which is the governing body
of the organization, has for some time
been considering moving from the Of
the board was reorganized. The in
crease in the routine work OF the board
AID the development Of it's activities
Ne it apparent some months past that
organization should have larger
T.. tiers. more in keeping with the char
of the work it performs.
II, 10 new location. he explained, was
- c-ed after a survey Of the fast-de-
:, nping business and financial district
Il. cent to 18th and X streets, and the
n were Illdiiy ScIeClcu uLS
~ ng most suitable for the organization
I at the same time convenient and
essible to a large portion OF the mem
.fchip.
In outlining the activities of the real
estate board since it established perma-
nent headquarters with q full-time
executive secretary a little less than
TWO years ago. Mr.. Shreve said that the
organization had made rapid strides III
developing definite standards of real
ykob a,,I In, Loot Inc I, 10
minds of both its members and the pub.
Ilio at large the serious Importance OF
handling realty transactions.
Membership in Board.
Tho board, through the development
OF spirit Of good fellowship and Co
operation, has materially increased its
tficiency in carrying out its policy OF
fair dealing in real estate.
Membership in the board is divided
into two groups: active and associ-
ate. The active group comprises
1:oansed real estate brokers who
',intaiu offices and regularly sub
s.ribe to the definite rules of ethics
opted by the board. and the asso-
. ate group which Is divided into
'esmen and other employees attili-
ed with the offices OF active mem i
,rs: second. allied businesses and
/ -ofeSsionS, such as builders. bank =
erS, architects, title companies. build
ing and loan associations and other
financial institutions; and third,
property owners.
The primary and fundamental
principle of the real estate board,
Mr.. Shreve stated, was the develop
r~rnt of the real estate business TO
plane Of profession and in its work
warI this goal the real estate board
mewhat parallels the bar associa-
nd the medical association In
I sSpective professions.
- .Gh constructive organization,
s..dy investigation and cooperation
he National Association of Real
Estate Boards. comp '.ing local
boards in almost 800 :Immunities.
has made definite profess IN accom-
plishing the principles for which 1t
was organized.
TT Washington CcaId has under
TAX and is carrying on locally the
wc that Is being foStered by the
II al association In the develop
of the real estate business. The
-. .ngton board has adopted def
l,te rules of practice based on the
highest standards of ethics and fair
dealing and has outlined methods of
practice to govern the work Of the
individual members. DisagreementS $