. w a i. - . i , v. u . t X , a ,
EXGLUSiVELlSiluG
IS NEXT PaOBLEf.1
OF REALTY DOARD
the etcluslve r'.p'it were in for", f-e
secon-1 broker woW deal directly v.'k
the first when he r-as a buyer sni cut
throat methods would be eliminated."
In some statev exclusive rights for a
limited time are stipulated by law. In
Illinois and Nebraska the time is one
i I
t J L i" i J. t i , liii I i .Li; J it L
ILiJaliiiiiS LUlb,htl
.WIS BEST lil
i .$:(
In the l.t
exclusive i:!
person. i '.!;y,
tion of t!i
I the wf ef t
II
ST0RY0FTI1EC1TY
TkRLINGTOir AND IIILTG'G
HEIGHTS
wThcrc and Bade In Half an Hour"
r.Tonth Surpasses, Any ' Previ
ous February Substantial
Gains in All Commercial
Lines Are Noted.
Older Firms Favor the New
Plan While Younger Dealeri
Think It Would Be to Their
Disadvantage.
!
a : , ' v . i t '
.'.'--H I 1 r;--:,-
(.j' " i i; ; !a i ' 1
brker sr-1 w hat he
el::r ; fi'. i:;tr.
Go Up Snnday or Any Day
y
February' buildtpg activity, as shown
from the records of the building In
spectors was the'best In tile history
of the city for that month and Is con
elusive proof of the continuance for
some time to come of a substantial pros
parity In Portland.. That business con
ditions are better here than they were
a year ago Is shown from the fact that
In every Vine of commercial and Indus
trial activity substantial gains were
mads last month over the figures of
last .February.
In the matter of building permits
the comparative figures are as follows:
February, 111, 671 permits with
construction cost $1,080,075; 112,
S19 permit and Sl.128.t74. More
than two thirds of the permits
arid money Invested for' last month
represented residence construction. For
the first two months of 1912 nearly 300
mors permits were Issued than during
the same period In 1911, while the sum
invested - In - building construction Is
about the same. -The
building outlook for March Is ex-
. cellont from every standpoint. ' The
building inspector's office Is overrun
with plans filed for checking over; re
ports from the offices of architects Indi
cate an Immense amount of , new con
struction ordered, while recent an
nouncements of new durable construc
tion contemplated give promise of an
other record breaking year for building
In Portland.
Kssflenee Permits,
During the past week II residence
permits were taken out by prospective
builders, the average cost being In ex
cess of $3000. .. ' r '
The most expensive piece of new con
struction authorised by permit isst
- week Is the four story apartment house
to be received by M. Olsen on a Quarter
block at East First and Multnomah
- streets. The structure will cost (40,000
and will be one of the most modern
- buildings ef its kind in the city,
Another east side apartment permitted
last week Is a four story brick build
ing to be erected by Bailey. Taylor &
Lambert on East Fifteenth street, near
Belmont This building, will be an an
nex to the brick apartment recently
completed at Fifteenth and Belmont by
the same builders. ;i i . -
At Belmont and East iThlrty-fourth
street-- tho Belmont - Investment -company
has been permitted the erection of
a - combination store and apartments.
The permit issued last Thursday names
the cost at $15,000.
' Tram Apartment. . '.: -
"During the week Henry Lutgert took
out a. permit for a two and one story
frame apartment, which he is preparing
to bullion Rodney avenue between
Eugene and. Sacramento streets at an
estimated cost of 16000.
Bert ft Bolce and W7 T. Gill each took
" out c permit last week for a, handsome
home to be erected in the same vicinity
at s. cost of $6900 apiece. Bolce will
build on East Fifty-seventh near Sal
mon, and . Gill on East Salmon near
Fifty-fifth. .. . s
A permit has been granted to Henry
Jasper for a two story frame dwelling
which be Is building on Schuyler street
near Grind avenue at a cost of $5000,
One of the handsomest new homes
under construction Ji the, bijr northeast
o district Is being erected at East Thirty
third and Irving streets j by George
., Isackson at a cost of $6000. - The bouse
Is to be two stories with nlae rooms
and the design shows an unusually at
tractive exterior.
k- 810,000 Swelling.
The Adams Construction company Is
preparing to begin the erection of a
$10,000 . dwelling at East Thirty-thir 3
and Gltsari streets. The plana call for
a two story building with 10 rooms of
the colonial design. It wilt bo finished
throughout In hardwood. i
C. C. Murton. of the Cellars-Murton
Realty company, has let the contract fur
a one and one half story frame cottage
on Scnuyler street near East Thirty
third. II. Davis, builder-and contractor, has
begun the erection of two attractive one
between one half story cottages in block
"O," between Iainson street and Patton
road, he buildings will cost about $3000
tach.
' permits Zssned.
Miss Minnie Klumpp took out permits
last week for two' two and one half
story dwellings which are being erected
on East Fifty-second street and the
.. Alameda at a cost of $4000 each.
L. A. JacobKtn is building two two
story frame flat butldlnps at the corner
of East Thirteenth and Hancock streets.
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Having secured the passage of an ord
inance licensing brokem and salesmen
and brought about the adoption and ac
ceptance by It members of a rule fix
ing commissions, ithe Portland Realty
Board Is planning to tackle the knotty
problem of exclusive listing of prop-
Upper picture Residence of H. D. Kllham, fiast Twenty-fifth and Market gtreets. Center Home of Jndpe
C. U. Oantenbeln, fiast Twenty-fourth and Grant streets. Lower -.Residence of W. A. Carpenter, East
Twenty-fifth and Clay streets.
The permits Issued last week provide
for the cost of each at $3500.
Permits. were Issued last Wednesday
to O. H. Hampton for four, dwellings
to cost $12,000: - Two of 'them ere to
be erected on East Forty-first near
Fremont at a coat of $4000 each, and
the others on Pacifo street near "East
Thirtieth.
Charles Harvlck was granted a per
mit last Friday for a two and one half
story residence which he has under con
struction at the corner of East Twenty
second and Market streets. Its cost Is
estimated st $4000.
A. II. McCurtaln Is building a on'ii
atory cottage on East Everott street
near East Forty-second, which will cost
to complete about $4000.
15000 Residence. ,
A permit was Issued last Thursday
to G. I Brown for a twd and one half
story dwelling, which he haa under con
struction on East Eighteenth street be
tween Brazee and Thompson at a coot
of $5000. Stewart Wilson has let the
contract for a one and one half story
cottage to be erected on Eaat Flanders
street near East Forty-first. The build
ing will cost $4000.
Permits were taken out by the fol
lowing builders for dwellings valued at
$3000 or less: .
Alice B. Powell, one story cottage,
Eaet Fifty-fourth street and Hancock,
$2300.
. Dr. Bay W. Matson, one and one half
stoty cottage. East Fifty-second street
and Hawthorne avenue, $1600.
L. Keyser, one story cottage, East
Fifty-third near Lincoln, $1800.
Kalph L. Morris, one and one half
story cottage, Locust street near Hasel,
$2800.
C. L. Barton, one story cottage, Ala
meda Dear East Fifty-second street,
$2800. ,
Frsnk Iyrer, on and one half story
cottage, Oreely street, near Killings
worth avenue, $1800.
- F. J. Rysn, one story cottage. East
Fifty-third near Stanton, )2000.
Journal Want Ads bring results.
. : -v- j.
G R EE N
RAN
m
mm
A. I Van Osdel, a Vancouver, Wash.,
Investor, purchased last week the W,
W. Green ranoh of 165 acres located two
miles south of Albany, Or., for $28,000.
The Green farm Is one of the best Im
proved places in Linn county. It is
nearly all In i high state of cultlva
tlon and Is equipped with all modern
farming implements, substantial barn
and outbuildings. There is an i room
dwelling on the place which has mod'
ern plumbing, steam heat and an acety
lenn liahtins: nlant.
The sale was made by J.' E. Smith,
who also reports having sold for J. L.
Forbes to J. A. Habersetser of Francis,
Wash., a 20 acre tract near Tlgardvllle
for $5000, and a well Improved farm of
59 acres st Stella, Wash., belonging to
K. F. Karvln was sold to Hiram Fits
Patrick of this city for $2500.
ertles. with a view to securing Its uni
versal adoption by the real estate men
of this city. - r.
In many of the larger cities ofthe
country this method of handling list-
lnga of property is In vogue and In some
of the New. England ststes the laws are
so framed as to make It well nigh com
pulsory, a large majority of Portland
dealers are earnestly In favor of the
plan; but few brokers are opposed to
it unless it is modified to fit certain
local peculiarities and conditions.
That there are disadvantages In the
exclusive listing of real estats was
brought out In a discussion of the sub
ject at a meeting, not long sgo, of the
Realty Board, However, the duik ot
the argument advanced was In favor of
the system.,
Seasons Tor, Against
Most of the"old." well established
agents are In fsvor of gtvlng the right
to sell and lease a piece of property to
but one broker. . Those who oppose It
are, for the most part, the new men In
the business, who are struggling for a
footing and who believe that exclusive
listing will operate to their disadvant
age. The following expression by one
of the most active of the young brokers
shows the principal reason for the atti
tude of that element in the profession:
"The veteran commission and rental
agencies, those that have been doing
business for 20 years or more have a
string on a large per cent of the best
properties In the city. What chance
would we younger men have to make a
living If the system of .exclusive list
ings Is adopted r' . .
The one argument In favor of exclu
slve listings that carries great weight
with most operators is the fact that it
appeals to the sellerth prospective
purchaser gets a poor impression, often
unwarranted, of a house he finds of
fered by several real estate firms.- -
Too Many Agent.
"When he Is looking for a house and.
finds - everywhere the same place put
up to him for his consideration, ha Is
apt to says 'There is something wrong
with that place or everybody wouldn't
be trying to sejl it. "
as a matter or raci, aeats ior some
of the most desirable properties In
Portland have been killed by peddling
it In a number of offices and thus
cheapening it in the eyes of Investors.
. (several oi jroniana s prominent pro
ers absolutely refuse to have anything
to do with a property which they can
not control exclusively. They even go
so far as to advise owners to, list their
properties exclusively with other agents,
if not with .them. Bald one of these
brokers: "Exclusive listing appears, to
me to operate In favor of both owner
and purchaser. No dealer feels free to
advertise a property as It should be ad
vertised, or to devote his best energies
to the disposal of the property, If he
baa not the exclusive right of sale.
All Are Ham an.
W are all human and would not
dare to advertise a particular live down
town property, for instance, for other
dealers would Immediately try to iden
tify the parcel from its description,
rush to tbe owner with Inducements
which the agent In charge has not of
fered and take the deal away from the
rightful broker. On the other hand, if
Look over the finest homesites in
this great Northwest Portland's
very choicest and at prices so
reasonable you will be surprised.
At the head of Washington street,
on one side King's Heights,-on the
other side Arlington Heights. A
matchless view a matchless op
portunity soon to be gone for
ever, -v ': : -
Choice Building Sites From
SIOOO to 0375O
The highest grade property in the
city the lowest priced property in
the city, considering location, con
venience, view and value-
Auto Service by Appointment
DORR E. KEASEY & CO
Chamber of Oommeree Bids.
2-'dL
(HASTE
especially
.n. .11 pt. mm am
t
especially wncn
one rushes into buy
ing real estate be
fore . securing the
protection afforded
by a Certificate of
Title. Investigate.
Call -for booklet..
Tli'LB tt TBTTST
OOltPAVT
tovxtm Am
OAJC
ni,ttw Acre, Vr 1
talnty, OW .
.... akUlfrl
. . ...sfaeturer aT"JL,
t!?!Utatlon ef tin. WSreW .
p.rlanas V rat '. wT--;;
Z Tmm frfeltnre ca "v . tHAOaffeO
T I 1L IE
When thinking about TILE, by
all means see our NEW EX
HIBIT. ; We carry the largest
and most complete, assortment
in the city.
MANTLE. BATHROOM and
all FLOOR TILE
FRED W. WAGNER
363 Stark St. Phone Main 8339
Htor.tbU'
jiverablXf
Itear orr
r A aVs e awi t a
. Title
ft Trust
' Company
rortiasd
Send me yont
free booklet
Same...
Aoarese. , .
E
PROPERTIES AR
E
SOLD
The following sales of Improved real
denes property were made last week by
tlie Oowen-Ide Trust company:
C. F. Savage took title to a new cot
tage on East Fiftieth street, near Han
cock, in Rose City Fark. Considera
tion 13500.
A modern room Jrvlngton dwelling
was sold to W It. Monroe, the Alblna
pharmacist, for 14800.
J. H. Prescot bought a 4 room cottage
on East 'i -lirty-f lrst street for $2500.
W. O. Ide purchased from V. O. Lay
cock an 8 room residence on East Tay
lor near East Thirtieth street. An im
proved 16 aore tract located in Tamhlll
county was sold for Bert Scott to a local
investor for H00O.
A i
I-
Attractlve Beaumont cottage purchased last week by R. Qtttlngs, exchange editor ot The Journal. The
house Is at 620 North Thirty-ninth street ' ' '
MICHIGAN
INVESTORS
BUY BLOCK FOR $5000
S. D. Vincent, the realty man, while
visiting In the east recently, sold an
entire block in Campus" Heights to a
party of Michigan Investors for $5000.
Campus Heights Is near the site of Reed
college jind ts Joeatlonsrpealed Jo.th9
Michigan buyers who expect to hold the
block as an investment.
Journal Want Ada bring result.
PACIFIC IRON WORKS
STBTrCTOTUX STXIL ' '
AXCHXTliUTUsVAXi ZBOS
Znunedlate Delivery '
1 orUasA, Or,
We Now Have Some of the
Best Land fn Oregon to
Offer Homeseekers
Location and soil ideal for BERRY, POULTRY, FRUIT and
r . DAIRY FARMS.
Several openings for small industries, such as PLANING
MILLS, SASH AND DOOR FACTORIES, FRUIT CAN-
NERIES, CREAMERIES, VINEGAR WORKS.
Our land reached by, fast electric trains. Frequent , service.
: For information address
Ruth Trust Company
235 Stark St, Portland, Oregon. Main 6078, A-3774
IF
sUb
ROM OCEAN TO
--08EA-N
, One r
Thousand
Birds
-the
Best Blood Best Strain
on the Pacific Coast, passed
through , Portland Friday,
bound for Oakland, Ore
gon. X)ne single bird cost
They traveled ' in a special
car, with expert attendant,
and "arrived without acci
dent. ' '
My Fairy Sisters
Are Here. They
Bring You Health
and Wealth
$1
WXIT1
Nine
Hundred
Acreo
the
BEST POULTRY LAND
on the Pacific Coast, sell
ing in ifive and ten -acre
tracts, on easy terms. Acres
sold as low as
These birds are the breed--:
ing stock. You are taught
r the "business by an expert.
PORTLAND, OREGON CC3-J Z?S:: ! U
. ' .. : J, - "