li-rr • • ' —, •
Local
Future Aggies?
These boys were enjoying the
Wofford Cain Pool Wednes
day during “Aggie Day,” one
part of the four-week Fred A.
Lennon Youth Sports Camp.
The camp is held in Magnolia
in two sessions each summer
for underpriviledged youths
from the Hockley area in
Houston. An endowed scho
larship fund at Texas A&M re
serves scholarships for any of
the boys who graduate from
high school and fulfill entr
ance requirements. Bob
Pankey, a lecturer in the
Texas A&M physical educa
tion department is camp dire
ctor.
Photo by Laura Larson
THE BATTALION
THURSDAY, JULY 30, 1981
Page 3
PROBLEM PREGNANCY?
Are you considering
abortion?
Free counseling and referrals
Call
(713) 779-2258
Texas Problem Pregnancy. Bryan, Tx.
Hallmark Cards
and Gift
Center provides help in real estate
nswer
cher
Most Trying to make heads or tails
it of the real estate market can be
lot easier with the services of the
; 3xas Real Estate Research
enter.
i The center, a part of Texas
Z&M University, provides infor-
jjf jatiOn ranging from new variable-
3fflte financing to provision of min-
^f al leasing. It is dedicated to
elping consumers make good de-
sions when buying or selling
# roperty.
“We do our dead level best to
istribute information about real
ate to anybody — you’d think we
ive a staff of 2,600,” said Dr.
Ivin B. Wooten, retiring director
■ the 23-member staff.
“W e re a public service agency,
e don’t just provide services to
rokers. Certainly we work close-
'with brokers, but our emphasis
the consumer.”
Through modern computer
ichnology — many computer
rograms used in real estate are
eveloped by TRERC — the cen-
;r is capable of gathering and
, nalyzing all kinds of information
for its 165 publications, most of
which are free. Much of the infor
mation is obtained through the
Multiple Listing Services of major
Texas cities.
“We have a statewide responsi
bility for real estate research in all
areas and for real estate educa
tion,” said Wooten. “We don’t
regulate anybody, don’t tell any
body what to do. We take research
and put it to practical use.”
Six months ago the center de
veloped a radio program, “Realty
Report,” which is aired on 90
Texas radio stations. More than 40
newspapers run a weekly column
written by members of the staff.
The column, “Real Estate Con
sumer,” began a month ago.
“Back in 1972 we started work
ing with four junior colleges de
veloping curricula for real estate
programs,” Wooten continued,
“and now we’re working with 47 of
them.”
In 1978 TRERC established
real estate professorships at Texas
A&M and the University of Texas
at Austin. The center was in
strumental in launching the Texas
Real Estate Teacher Association.
Because the real estate industry
is so highly influenced by chang
ing consumer behavior, popula
tion increases, income growth, in
flation and rising interest, Wooten
maintains new methods will be
needed to house more people,
provide funds for homeowner-
ship, reduce the impact of rising
energy, construction and land
costs and to prepare new entrants
into the real estate profession.
“The industry is changing
rapidly and is getting more and
more complex each day,” he said.
“Anybody in the market can tell
you that.”
Wooten pointed out that in
1985 new brokers must have the
equivalent of an associate’s degree
in real estate. He foresees the day
when a bachelor’s degree in the
field will be required. To keep
practitioners updated the center
conducts an annual eight-day
Study of Advanced Realty Sub
jects conference.
Wooten says the top real estate
issue is money.
“Getting enough money at a
rate that’s affordable so people can
build or buy residential and com
mercial property is the biggest
concern in the business today, ” he
said.
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