The Washington times., 1923-03-31
REALT BOARD
To OPEN NEW
OFFICES
Quarters on K Street to Pro-
vide Facilities for1ncreas-
ing Work.

The Washington Real Estate
Board will hold a formal opening
in its new headquarters offices To-
ctaed in the Boss & Phelps Build
ing, 1417 K street northwest on
Monday. These new rooms OF the
organization are arranged to ac.
commodate the executive offices OF
the board and also provide assem-
/ bly, rooms for the various commit
tees.
Outgrew Old Quarters.
Charles s. shreve, president of the
board, states that the increase in the
work of the board made it apparent
several months ago that the organl-
zatfon should have larger quarters.
| The new location was selected as be-
ing most convenient to the member
ship.
In outlining the activities OF the
real estate board in the last two
! years. Shreve pointed out that the
organization had made rapid strides
! in developing definite standards OF
real estate practices and intoxicating
| in the minds of both it's members ana
the public at large the responsibility
Of handling realty transactions:
/ Membership in the board is dlVlded
into two groups, active and associate,
The active group comprises ilcenseo
real estate brokers who maintain OF
fees and regularly subscribe TO the
definite rules of ethics adopteu py
the board, and the associate group
which is divided into three sections
is composed of first, statesmen and
other employees affiliated with the
offices of active members; second,
J allied businesses and professions,
slIch as builders, bankers, architects,
title companies, building ana loan
/ associations and other financial IN
stitutions; and third, property own
ers.
study. Investigation and co-opera-
/ fion the National Association OF
Real Estate Boards, comprising To-
cal boards in almost 500 communl-
ties. has made definite progress In
accomplishing the principles Tor
which 1t was organized.
Adjust Disputes.
The washington board is carry
ing on locally the work that is be-
ing fostered by the national asso-
citation. Disagreements and misun.
derstandings are fast disappearing,
due to the fact that all members OF
the board are supporting the rules
and procedure outlined by the
board
| The local board has made sub
stantial progress in the development
of real estate education. During
| the past two years it has conducted
an elemental real estate course un-
der the auspices of the local 7. M
c. A. that has proven beneficial.
In addition to these courses, the
board always has reserved a portion
of it's meetings for practical dis
cussion Of some subject of real es-
tate practice, law or ethics. These
discussions have been of special
benefit to the younger men in the
profession.
AS a result the public in general
is becoming more familiar with
real estate transactions and has
clearer understanding of iti
rights as we'll as its obligations
in dealing in real estate. Through
the operation of a free service
bureau, the board is rendering tt
the public a definite service o.
advice and information. During
the past two years the board has
constantly given assistance in ad
justing real estate transactions.
The officers of the board arr
Charles S. Shreve. president; J. c
Weldon, first vice president; Clar
ence Dodge, second vice president
and John A. Petty, executive sec
rotary and treasurer. These OF
ficers, with Jesse H. Hedges, Perc.
II. Russell. Thomas e. farrell AM
Morton J.. Luchs, comprise tn
executive committee.