Evening star., 1924-06-04
REALTY DISCUSSED
AS HIGH PROFESSION
Speakers at Convention Point
Progress and Predict Great
er Strides.
EDUCATION BIG
FACTOR
Dr.. Ralph E. Heilman and Others
Address Gathering.

Raising of tha practices in the real
estate to the highest plane of the
profession. along with medicine, en-
gineering and law, was discussed by
speakers before the National Asso-
citation of Real Estate Boards at the
second general session of its seven
teenth annual convention held this
morning at Keith's Theater. Speak
ers sketched the progress that the
profession has made during the past
few years. and predicted great
strides in the future when schools
are established, and the profession
of real estate is made the base of a
four-year course in the colleges of
the country.
The subject for discussion today
was Building the Real Estate Pro-
fession," and the speakers included:
DR.. Ralph E. Heilman, member of
the joint commission on real estate
education and dean of the School of
Commerce, Northwestern University,
Evanston, ILL.,; Maj. Max Murdock.
Chicago, formerly assistant director
department of registration and edu-
cation, state of Illinois; A. H. Barn
hisel, Tacoma, Wash, chairman of
the associations committee on ethics.
and DR.. D. d. Luckenbill, professor
of semitic languages and literature,
University of Illinois.
Educational Program.
DR.. Heilman said that the far
reaching progress of real estate edu-
cation. initiated by the National Asso-
citation of Real Estate Boards last
April and already included, or about
to be included. in the curricula of
twenty-five leading colleges and uni
versities, is tremendous forward
STEP both from the standpoint of
real estate itself and from the stand
point of American colleges. He said
that the colleges and universities
must not be institutions apart from
the world, but must be part of the
world. They must train. he con-
tinued, for every important field of
human endeavor: for every field
where highly trained intelligence is
needed. or for every field that is
important to mankind.
Il believe" he said. that there is
no field of study more important to
mankind than that which has to do
with the utilization of land and the
improvements thereon. l should not
be surprised if the most noble con-
tribution of our colleges in the next
century will be that which they can
furnish through their machinery for
scientific analysis and research to
serve as basis for the solution of
our problem of land and it's utiliza-
tion.
Correspondence Feature.
Development by realtors of a cor
respondence course embodying the
organized experience of their calling
evidences recognition of another
great educational truth. the speaker
continued, and went on:
To-day we have come to recognize
in American colleges that education
by correspondence-edu in alb
sentia-is perfectly feasible, practi-
cal and effective method of instruc-
tion, particularly when pursued by
men of serious minds interested in
their subject The educational pro-
gram which this joint commission
has outlined, 1 am convinced, is
large visioned in it's conception; gi-
in it's potentialities for real estate
and for education and characterized
by real educational Statemanship. If
it is executed on a scale commensu-
rate with it's importance during the
years Immediately before US the real
estate profession will attract many
of the most able minds among our
young men, and the rear estate call
ing will come larger instrumental
ity for service for the investor, for
the home owners and for all who own
or occupy property.
Value Of License Laws.
Mai Max Murdock, Chicago, for
meny assistant director of the depart
Illinois, spoke on the value of real es-
tate brokers' license laws to the real
estate profession.
"If any right-minded man doubts the
value of such legislation that man Is
uniformed" said Maj. Murdock.
There are those who have expected
of these laws that they should be the
real estate business, and that the laws
are special legislation for the benefit
of those who obtain licenses. 1t is true
that the effect Of the law is to elm
mate a certain type Of competition
which has been a serious handicap to
honest brokers.
but If the benefit to brokers were
the principal purpose Of the law it
ality nor hold the support of public
opinion. The true function of these
laws is to protect owners and purchas-
ers of real estate from the machina-
tions of dishonest operators, and these
measures must stand or fall by that
test only. But the accomplishment of
that purpose inevitably results in a
benefit to the honest broker.
although the soundness Of this legis-
lation is established beyond cavil, much
to be developed in its practical
application. The problems are of two
administrative procedure
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