The National Association of Real Estate Exchanges is founded in Chicago with a mission “to unite the real estate men of America for the purpose of effectively exerting a combined influence upon matters affecting real estate interests.”

The Los Angeles City Council passes the "Residence District Ordinance;" the first major land-use zoning law in the United States.

The Stark Company Realtors^® is founded in Wisconsin.

T.C. Cloud, one of the first licensed real estate brokers in Texas sets up shop in Bell County in Central Texas.