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1953-11-28 Big article abt Parker and Smith
Parker & Smith, as Realtors, Have Contributed Greatly to the Sound Development of Albany and This Area Herbert B. Smith, Russell Parker and Ruby Muller formed partnership in 1944 to deal in real estate, supply insurance and loans Since that time they have been responsible for the transfer of properties valued in the millions of dollars Sub-divisions have been developed. By R. KENNETH EVANS Quoting, in part, from the Realtor' code of ethics, adopted by the National Association of Real Estate Boards: "The Realtor is the instrumentality through which the land resource of the nation reaches its highest use and through which land ownership attains its widest distribution. He is the creator of homes, a builder of cities, it developer of industries and productive farms." This quotation has been well exemplified, in fact, by the operations in Albany of Parker & Smith, Realtors, since the founding of this partnership in 3944. It is composed of Russell Parker, Herbert B. Smith and Ruby Muller, sister-in-law of Russell Parker. All members of the partnership are active in all phases of the service departments maintained by this firm. There Is no more dependable from $15,000 to $25,000. Another very attractive site is Laurel Heights, north of Albany where there is ample room for the construction of 30 to 35 homes. Already some 10 homes have been completed, ranging in price from $22,500 to $65,000. This is a highly restricted area and the homes are all impressive and ultra-modern in both design and Jivability. Parker & Smith have also been active in the development of other sub-divisions in Albany in keeping with the demand occasioned by the outstanding growth that has, been experienced. Prospective home owners are cordially invited to bring their problems to the offices of Parker & Smith for a sound solution. Almost any type of home that might be desired, and in the proper price range in keeping with its location and construction, is available in the listings that are maintained by Parker & Smith. Insurance service goes hand in hand with real estate transactions. It has long been known that realtors, such as Parker & Smith, who are familiar with property values, know the type of adequate insurance coverage that is needed for protection against losses of any kind. The supplying of all types of insurance policies, placed with reliable and sound companies, is a part of the major service that is maintained in the offices of Parker & Smith. This includes in- I surance of all types and to meet investment available in the Fa. cific Northwest than money spent for a home In Albany or a farm in Linn county, in the opinion of the members of the firm Parker & Smith. This statement is based on the wide knowledge of realty values and experience gained by all of those associated with the real estate firm, by being closely associated with both Albany's and Linn county's economy. "Albany's growth and development in the last decade, has been steady and the result of the application of natural law. It has been free from booms and boom methods and, today, this region is recog nized for its superior livability and soundness of its commercial and industrial structure," stated Russell Parker. Complete Real Estate Service Parker & Smith maintain a complete real estate, .insurance and loan service with offices located on the ground floor, at 123 West First street, in Albany. Augmenting the service activities of the members of the part nership are five well-qualified salesmen employed in such individual departments as residential, acreage, industrial or commercial sites, insurance and loans. Both Russel Parker and Herbert Smith devote much of their time to encouraging the sale of industrial and commercial sites, as well as farms. They do this not only in the interests of their business success as realtors, but as a public service to encourage the further development of Albany and this section of the Willamette valley. Buby Muller spends much of her time in the offices and is exceptionally capable in the closing of real estate deals, working out the necessary transfer papers and consulting with prospective clients who come to the offices of Parker & Smith. She knows real estate values, is familiar with the property listings that are available, and can help work out the problems incidental to the closing of a real estate deal. A diversified listing of available properties that will, usually, meet every request or need of a prospective client, is maintained by these realtors. This seems to be a favorable time for individuals and business ! firms to improve their economic such firms as Parker & Smith position by investing in a home, is not a synonym for "real es-industrial site, a farm or commer- tate agent." It is the distinctive cial property. For those who are and exclusive designation for interested in building a new those within the membership of home the Vista Homes site, un- : the national association. The der the personal direction of term definitely connotes business Herbert Smith, offers an ideal j competence and high standards opportunity. This home site is ; of business' conduct. Parker & located at 7-Mile Lane south of j Smith have established an en-Albany. It Is a restricted area j viable reputation for business and some 15 homes have already i fairness and efficiency in keep-been completed, ranging in price lng with reliability and integrity. every protection need. Parker & Smith represent some of the major insurance companies and financial concerns who are interested in placing property loans, either for new construction or the purchase of property already developed. This loan service is major in the operation of this real estate and insurance firm, and money is always available for sound loans at reasonable and current rates of interest. This is another service that goes hand in hand, with the successful op eration in the field of real estate sales, and Parker & Smith spe cialize in securing these loans for clients who are in need of financing for new construction or. property purchases. The term "realtor" applied to