The Washington times., 1928-04-28
REAL TORS NEED
OIL IIlED BY
WE RSTER


In discussing present day real
estate service. Ben T. Webster, vice
president Of the washington Real
Estate Board, stated that one Of
! the important reasons why the
real estate business should be
classed as d profession is due to
the character Of services that the
modern realtor is called upon to
perform The real estate broker Of
today, he said, cannot measuTab bly,
succeed il he Is content with merely
effecting sales and collecting rent
Study and development Of the
various phases Of real estate
through the activities Of the organ
ICED realtors of the country has
brought I'd the broker Of today a
much broader demand for real estate
service Of varied types.
Coincident with this DEVELOPMENT
Is the noticeable tendency Of the
more responsible and capable men in
the real estate field to more effec'
lively organize their individual offices
and to equip their staff with every
modern means Of furnishing intelli-
gent and competent service.
The nature OF real estate work MT.
Webster pointed out. In distinctly
personal and because or its close con-
tact with the people It Is an in1por-
tant element III the social and
7 economic life OF community.
The modern realtor, perhaps to
greater extent than most any other
business man. is called upon TO rem
lpsfier service Of the strictest cOnfi-
Dental nature Then, again, property
owners and prospective property
owners look for expert advice and.
guidance IN their real estate dealings,
and naturally the real estate broker
is the one sought for such assistance
Knowledge Is Sought
Through years Of experience and
Nractical training the broker Is.
equipped with a vast fund Of In
formation and specific knowledge.
that is Invaluable to his clients. COM
slant contact with market conditions
/. makes it possible for the broker to
determine quite accurately the best
uses to which properties may be put
and also the probable trend Of com.
munfty conditions affecting the
future of real estate Immediately
concerned.
The mere selling of real estate for
price an owner is willing to accept
IS n3t the professional service that
/ the present status of the real estate
business jlstffies To be able to.
properly advise an owner az to the
disposal of property requires a keen
mind directed along definite lines
established through practical expert
ence.
Modern development has made the
real estate business far more cona-
plex than It was some years ago.
The expansion Of business with in
creasing competition has brought.
into existence new types OF business
structures and opened UP avenues for
continued advance OF business sec
ffons.
The development OF apartment
houses as economic and popular
housing facilities, as well as the
multiplicity OF commercial struc-
lures for office and industrial pur-
gposes. has completely changed the
aspect of property values and cre-
ated almost unlimited new uses for
J land
The reaItor. In performing his
professional services, is oftentimes
called on for advice in an hour Of
distress occasioned through death
or other calamities and in his
capacity az personal adviser he is
frequently in possession of the most
confidential and personal inforrna-
ton relative to his clients affairs.
This position OF the reaItor is
similar to the relation Of an attor-
kney to his client and requires the
greatest amount of care and eau
ton, in order to protect those de-
1 pendent for proper advice and
Y guidance.