Winnetka Local History Digital Collections

Winnetka Weekly Talk, 23 Aug 1924, p. 14

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14 WINNETKA WEEKLY TALK, SATURDAY, AUGUST 23, 1924 NEWS OF INTEREST IN REAL ESTATE AND BUILDING FIELDS REALTY BOARD OFFERS COURSE National Association Insti- tute Will Open on October 1 SERIES OF 20 LESSONS Vocational Study Follows Definite Outline Ea Fg American Real Estate Institute ill /be ready to enroll students Octo- 1, it has been announced. he institute was organized as a de- ment of the National Association of al Estate boards following authoriza- tion of such organization by its board of directors in 1923. Its purpose is the preparation of a course of instruction in the principles of real estate practice to be given through correspondence, and the conducting of instruction in such a course. It follows the precedent set by the American Institute of Banking. The instiute is the third branch in the three-fold plan of vocational education in real estate which has been developed for meeting the need of such training nationally. This includes also direct vocational training in classes conducted either by real estate boards or by schools and colleges under the auspices and with the co-operation of real estate boards. It also includes the eventual development in leading universities of a four-year college course with real estate and its related subjects as major subjects. Vocational classes following a course outlined in national conferences of real estate operators and educators, have al- ready been organized under the auspices of some 100 constituent boards of the National Association of Real Estate boards. A number of universities have also organized courses in real estate and its allied ,subjects. The national association recognizes the great advantage of direct class room in- struction and the inspiration of direct contact with experienced men as teach- ers. But real estate classes are being conducted in only approximately one fourth of its member boards. Home Study Course Several hundred boards are not con- ducting such classes, and because of their small size many of them would find it difficult to handle a real estate course. The new home study course is designed to serve especially real estate men in such places. It has been organ- ized to open the advantages of training in real estate fundamentals to men in the real estate business or men enter- ing the business who have not access to approved real estate classes. Herbert U. Nelson, executive secre- tary of the National Association of Real Estate boards, will be its director and manager. A special committee, appoint- ed by the association's board of direc- tors, will have charge of its work. In the preparation of the associations home study course advantage has been taken of the resources of the association for gathering the experience of its mem- bership as to best business practices. The institute course will consist of a series of 20 lessons on real estate orice organizatyon, on listing property for sale, on finding the prospective pur- chaser, on advertising, on planning an interview, on closing a real estate deal, on financing real estate transactions, particularly on mortgage bonds and land contracts, on insurance company con- nections, on real estate insurance, ox assembling data for real estate valua- tion, on securing the contract for man- agement of property, on subdivisions, cn building, and on titles and contracts. Each lesson will carry with it an as- signment of a piece of real estate work to be undertaken by the student as 2a practical problem. Enrollment in the institute will include life membership. Students will be en- titled not only to criticism and help on the real estate work they undertake as each lesson's assignment but they will be entitled to bring to the institute any problems encountered in their future business experience. The enrollment fee is $50 cash, or $55 under a deferred payment plan. Arrange Health Booth at Cook County Fair The Chicago Tuberculosis Institute is planning an elaborate health ex- hibit for the County Fair at Palatine, August 27 to September 1. Several nurses from the Institute will be in charge of this booth. There will be posters and mechanical exhibits, free items of health literature for distri- bution, a chance to be weighed and measured and to find out what one should weigh, an opportunity to dis- cuss one's health problems with a trained public health nurse, or to se- cure first aid if necessary. A special feature that will be in- cluded is a Health Gypsy who will tell fortunes free and whose advice about the future will be worth having. FREE APPRAISALS ON BOARD'S VETO LIST The undertaking of real estate board appraisals by every member board of the National Association of Real Estate boards is urged in recommendations adopted by the appraisal committee of the National association at its recent meeting at Washington, D. C. An authoritative appraisal service is already being given by member boards of the association in 62 cities as an important part of their work. By a plan of co- operation with the Federal Real Estate board, appraisals by official committees of these boards in their respective local- ities have been put at the service of the War Department and other govern- mental departments in the purchase or sale of Federal property. In support of the professional nature of the service involved in weighing the factors that go to make up real estate value the committee's recommendation takes a definite stand against the mak- ing of free appraisals either by a real estate board or by any member of a contsituent board. And parallel with this recommendation it urges education of board members in the principles governing appraising. The commi{tee's recommendation is as follows: 1. That each local board appoint an appraisal committee from its active membership. 2. That no local board or any of its members shall hereafter make an ap- praisal without due compensation, and the giving of off-hand opinions shall be discouraged. 3. That all real estate boards that now have or hereafter may have ap- praisal committees take every possible means of educating not only their ap- praisal committee but also their members in the methods of making correct ap- praisals, either by correspondence, study of literature on the subject, or by com- petent lectures. 4. That it is important that the ap- praisal committee prepare and keep proper files of all appraisals for future reference. 5. That all constituent boards and members of the National Association be invited to confer with the chairman or members of the national committee on appraisals on questions which may be in doubt in their respective localities. William G. Glenn, Philadelphia, is chairman of the national committee on appraisals. The members are: William H. Babcock, Chicago; Walter W. Cohn, Buffalo, John A. Flanders, Winnipeg, Manitoba; George C. Gregory, Rich- mond, Virginia; Myron L. Howard, Jacksonville, Florida; Emil E. Kahn, San Francisco; Otto N. Ludwig, Mil- waukee; John A. Sharp, Pittsburgh; John H. Tigchon, Detroit; Barney J. Treacy, Lexington, Kentucky; I. S. Whiting, New York; John W. Gibson, St. Louis; and William Merriken, Balti- more. SOLDIER BUC AID TO TREES Come in Droves to Destroy Caterpillars Soldier bugs, commonly called stink bugs in rural places, are multiplying in the Chicago district, according to Prof. Conrad E. Tharaldsen, of the Zoology department of Northwestern university, and should not be destroyed as they are making devastating war upon the cater- pillars of the Tussock and Gipsy moth. J. L. Hewitt, who is landscape gardener of the Potter Palmer estate and also acts in the capacity for "School District 75 in Evanston. brought one of the bugs to Prof. Tharaldeen yesterday for identification. Upon the same leaf was a caterpillar of the Tussock moth which eats the leaves of Chicago and north shore shade trees and the caterpillar you money? Streets. BUYING A HOME! Do you know that buying a home on time will save The interest that you pay can be charged against your income for Income Tax purposes. We have recently built twelve attractive homes in Winnetka, just west of Locust Street on Ash and Cherry Seven of these are sold, and five are now ready for Sept. or Oct. first delivery. They contain six rooms, 1 bath, hot water heat, white enamel wood work, concrete foundations, insulated with was dead. The bug had inserted an extra-long probosis into the worm's vitals and had sucked out its blood. Prof. Tharaldsen advised Mr. Hewitt to protect he soldier bug as far as pos- sible as the destructive caterpillars are becoming extremely numerous and if allowed to thrive will decimate many of the fine shade trees of the Chicago and Evanston park systems. "The so-called stink bug is a natural enemy of the caterpillars which are now starting to destroy our shade trees," said the Northwestern scientist. "Their work, too, is unnoticed unless very closely observed but is more vital in destroying the shade-tree pests than any and all artificial means. Insecticides that are apt to destroy the caterpillars also destroy the bug which is his natural enemy and these sprays should not be resorted to save in extreme cases. Where the Tussock moth hasn't gained too great headway, the caterpillars should be picked off by hand. It is very for- tunate that the soldier bug has arrived here conemporaneously with the leaf- eating caterpillar. The department of agriculture at Washington is importing large quantitties of the soldier bugs into the eastern forests to conserve the trees." Manufactured gas was such a cur- josity in 1802 that people paid 50 cents each to see it in action in a Haymarket Garden sideshow at Richmond, Va. Glencoe. and ready to build on now. [112 W. Adams St. Chicago, IIL VACANT PROPERTIE We are now offering for sale, vacant property in our English Village Subdivision at Valley and Milton Avenues, Large lots, beautifully wooded, paved streets, We will build an English home for you on any lot you select, finance and sell on easy terms. FREDERICK A. COOPER & CQ. Randolph 2720 Wilmette 341 LJ exclusive contract. under an exclusive contract. Fountain Square, Evanston Prouty Building, Winnetka When All Others Have Failed Come To Us When a property owner wishes to sell his real estate, he wants quick action as a rule. The best way to get results is for him to list his property with a reputable and energetic realtor with an We, knowing that we are protected in our efforts to sell property, will devote every possible energy for making a sale. We will spend money advertising the property which we would not do if other brokers had the property for sale. The chances for a satisfactory and prompt sale are obviously much greater This system gives quick results without costing the property owner one cent more than the regular sales commission. Why Not Try It? Quinlan & Tyson, Inc. Evanston 2600 Winnetka 2199 k (+L / FUEL WITHOUT p-- two ply Cabots quilting, landscaped and fenced, complete in every respect, some as low as $15,500 on easy terms. Streets paved and all Specials paid. Open daily 2 to 6 P. M. FREDERICK A. COOPER & COQ. 112 W. Adams Street Randolph 2720 Chicago, Ill. Wilmette 341 % We Are Making for The Prudential Insurance Company of America FIRST MORTGAGE LOANS at 5%.% interest with privilege of payment in part or in full at any time without notice and without charge for such pre- payment privilege. And at 6% in monthly payments with like privilege. Folder showing method of monthly payment loan in detail sent on request. George H. Taylor Real Estate Mortgage Co. 312 South Clark Street, Chicago Telephone Wabash 1246 LTT ITI EIT REE E EEE DL EE EE EE EE EL EE LDL LLL LLL LLL] ] ] 1 ] 1 1 ] [] |] ] ] ] ] 1] ] [] ] |] ] |] ] L} ] 1 J) ] i 1 ) 1 1 |] ] 1 1] 1 1 1 1 |] 1 1 1 |] 1 1 1 ] 1) 1] ] 1 1] ] |] ] ot FAULT' wn 3 A uniform and clean, smokeless fuel for home heating plants. Made in Chicago from carefully selected coals. CHICAGO olvay Coke No Smoke No Soot Few Ashes 20% cheaper than hard coal Fill your bin now At Present Low Price FOR SALE BY "E. C. WEISSENBERG Phone Winnetka 12 + Sy

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