Self-Taught - A Handbook containing Lessons to be used in By W. A. CARNEY Author of "How to Buy and Sell Real Estate at a Profit," and Published in Parts Published by W. A. CARNEY at Los Angeles, California, 1906 Copyright, 1906, by W. A. CARNEY SUGGESTIONS TO THE STUDENT. The object of these lessons is to give the student or reader a practical knowledge of real estate and of the real estate business. The student who will devote a definite portion of each working day to the study of the subject will make the most satisfactory progress. The student should exercise to the fullest extent the qualities of industry and perseverance; he should concentrate his mind on the subject and keep it there; he should study a few pages at a time and not skip from one portion of the lessons to another. "HOW TO BUY AND SELL REAL ESTATE AT A PROFIT" is referred to herein as the "Text Book" or as "Vol I." In it, the Sections are numbered from I to 163, inclusive, and the Forms from I upwards. In this book, the Sections are numbered from 200 upward, and the Forms from 100 upward. The "Final Examination Questions" are contained in a booklet comprising questions and blank spaces for answers, and suggestions as to how these answers should be made. Upon being written up, the booklet is to be returned to the author for correction, and, upon being corrected, is sent to the student, who retains it. 984K C280 LESSON I. LARGELY INTRODUCTORY. Section 200. An ancient king who was at the pinnacle of his power and greatness, and who thought he might have ready access to anything he should desire, inquired of a venerable sage in his kingdom how to master the problems of Euclid. "There is no royal road to Euclid," the sage replied. And so it must be said to every one entering the real estate business: There is no royal road to this business; the study of Euclid and of the real estate business must be hard and tense. There can be no avoiding or going around each successive proposition which forms the basis of future progress and no shirking or omitting of detail; every step requires close attention and reflection. Sec. 201. The impression prevails in some quarters that the real estate business is scarcely respectable. Such is not the case, however. The real estate business is as honorable and dignified a vocation as any in which men are engaged, and the intention of every person entering the profession of real estate broker should be to maintain, in all his transactions, a strict adherence to sound principles of morality and justice. In this way he will reflect credit on the profession and be justly entitled to the respect and confidence of his fellow-men. Sec. 202. The young real estate broker should pay attention to the formation of character. The ability to restrain one's appetite, passions, tongue and temper is of the first importance. One must be the master, not the slave, of himself; if he cannot govern himself, he cannot govern others. Indeed, a good character is vastly more important than a great fortune. A United States Senator who died recently, wrote the following in his will: "I hope that my sons will, early in life, realize, 342111 |