Babbitt’s virtues as a real-estate broker--as the servant of society in
the department of finding homes for families and shops for distributors
of food--were steadiness and diligence. He was conventionally honest, he
kept his records of buyers and sellers complete, he had experience with
leases and titles and an excellent memory for prices. His shoulders were
broad enough, his voice deep enough, his relish of hearty humor strong
enough, to establish him as one of the ruling caste of Good Fellows. Yet
his eventual importance to mankind was perhaps lessened by his large and
complacent ignorance of all architecture save the types of houses turned
out by speculative builders; all landscape gardening save the use of
curving roads, grass, and six ordinary shrubs; and all the commonest
axioms of economics. He serenely believed that the one purpose of the
real-estate business was to make money for George F. Babbitt. True, it
was a good advertisement at Boosters’ Club lunches, and all the
varieties of Annual Banquets to which Good Fellows were invited, to
speak sonorously of Unselfish Public Service, the Broker’s Obligation to
Keep Inviolate the Trust of His Clients, and a thing called Ethics,
whose nature was confusing but if you had it you were a High-class
Realtor and if you hadn’t you were a shyster, a piker, and a
fly-by-night. These virtues awakened Confidence, and enabled you to
handle Bigger Propositions. But they didn’t imply that you were to be
impractical and refuse to take twice the value of a house if a buyer was
such an idiot that he didn’t jew you down on the asking-price.
Babbitt spoke well--and often--at these orgies of commercial
righteousness about the “realtor’s function as a seer of the future
development of the community, and as a prophetic engineer clearing the
pathway for inevitable changes”--which meant that a real-estate broker
could make money by guessing which way the town would grow. This
guessing he called Vision.
In an address at the Boosters’ Club he had admitted, “It is at once the
duty and the privilege of the realtor to know everything about his own
city and its environs. Where a surgeon is a specialist on every vein and
mysterious cell of the human body, and the engineer upon electricity in
all its phases, or every bolt of some great bridge majestically arching
o’er a mighty flood, the realtor must know his city, inch by inch, and
all its faults and virtues.”
Public-domain text, read in full here on John Shaqi.
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