Evening star., 1923-05-05
REALTORS RSMEETTOSTANDARDIZE
COURSEFOR SUBJECT IN SCHOOLS
Would Elevate Business to Plane of Pro-
fession by Requiring Degree From
University, D. C.. Man Says.

4 definite step was taken in the
development of real estate education
1T conference held recently in the
University of Wisconsin. according to
.:uhn a. Petty. secretary of the
Washington Real Estate Board. AT
this conference concrete plans were
made to establish a uniform standard
course in real estate to be conducted
throughout the country. During the
past few years local real estate
boards. in conjunction with Y. NJ. {. \.
schools and other educational in
stitutions have conducted special
courses in real estate, and ii was TO
standardize this work that the recent
conference was held. The National
Association of Real Estate Boards
has been active in developing stand
ard methods and practices in real
estate and has adopted SPECIFIC
code of ethics for it's members. All
of this has for its ultimate goal the
raising of real estate work to a pro-
fessional plane.
With this in mind it soon became
apparent to the officials OF the Ma
tional Association that definite work
must be accomplished along purely
educational lines. These educational
courses. therefore, were the direct
result of the efforts of national lead
erS in the real estate field.
Present at the conference in Madison
were representatives of the Associated
Y. NJ. c. A. schools from several large
cities, officials of the National AsSocia-
tion of Real Estate Boards. its educa-
tional committee and the staff of edu-
Gators and experts connected with the
Institute for Research in Land Econom-
les of the University of Wisconsin.
Washington was represented by John a.
Petty. executive secretary of the Wash
ington real estate board. who is a MEM
ber of the educational committee of the
National Association of Real Estate
Boards. Mr.. Petty, who has for several
years conducted Il course in real estate
in the local Y. NJ. c. a. and who out
lined the subjects, presented his course
to the joint conference as a tentative
basis for the standardized course and
it was adopted in principal as the
unit course to be recommended to all
real estate boards of the country.
The local course is based on an ele-
mental analysis OF the functions of
the real estate business with general
reference TO allied technical subjects.
Text Books Needed.
one of the most serious handica ps
that has been presented III this edu-
cationaI work is the lack of suitable
text material. Practically no ele
mental text book on real estate is at
present available.
This difficulty il being met. accord
ing to Mr.. Petty. through the coopera-
tion of the Institute Of Research in
Land Economics. All OF the accumu-
lated information and practical mate
rial that has been collected by the
National Association is being turned
over to the exports and educators Of
the Research Institute of the Uni
Nersity of Wisconsin, and they expect
to publish shortly a preliminary e,e-
mental text book that can be utilized
in connection with the present
courses
So far these courses have consisted
primarily of lectures on practical real
estate subjects and problems, but it
is now recommended that this be en-
largcd To include certain other units