Parker County Today Aug 2018 | Page 44

THE REAL DEALS Jim Duncan , Half-a-Century as The Century Man Century 21 Judge Fite, Licensed in 1966 M 42 ention Jim Duncan’s name and most people think of commercial real estate. But when he discusses his career land- marks, Duncan doesn’t mention multi- million dollar commercial deals. The real estate accomplishments in which he takes the most pride have been the ones where he found a home for somebody that need- ed one, or sold a property for someone that really needed to sell. Duncan has sold everything that comes on land during his 52-year-long career.“People around here have been very good to me and business has been good for me,” Duncan said. “I just try to give back to the community.” Like his father, C.T. Duncan before him, Duncan has been active in Weatherford Noon Lions Club throughout his career, as well as a member of the Parker County Sheriff’s Posse Club. “We lived across from the Posse Grounds,” he said. “Daddy was always over there riding in the grand entries. We used to go for play days, and ride calves, and have family night... I started helping with the Lions Club when I was probably eight years old, pulling around Coca- Colas and helping Daddy.” What made Duncan decide to go into real estate in the first place? “Well, I wanted to make a living,” Duncan said. “I was in college at Texas Tech and I called Daddy early in my junior year, to see if he thought the two of us could make a living selling real estate in Parker County. He said, ‘Well I think we can.’ My momma told me several years later that when I asked that ques- tion, she was standing there with daddy and tears just came into his eyes. I got back here and went to work for him after I spent some time in basic training in 1968. I’ve been selling real estate ever since.” There were times when Duncan did have some doubts. “I was in summer camp one year (The Reserves) and I called home to see how things were going with the business,” Duncan said. “I talked to Daddy and he said, ‘Well, interest rates have gone up to 8.5 percent on 20-year-loans, with 30 percent down payments. You might as well go full-time in the Army.’ I said oh, Dad, it can’t be that bad. Back then the loan was the main source of your mort- gage money. One bank out of Fort Worth would make FHA loans over here and conventional loans. I came on back and we made it through. We did a little devel- opment work on a subdivision around the county. Been fortunate. Folks in town have been good to us.” Duncan obtained his real estate license in 1966. He aced the exam, of course, and by the beginning of 1967, Jim Duncan was selling real estate — lots of it. Then Duncan married his college sweetheart, Susan. “We’ve been married almost 52 years,” Duncan said. “We’ve had a good run at it.” Duncan had a big advantage of learn- ing the business from his father. The elder Duncan knew everyone in Parker County (of course Parker County didn’t have as many to know in those days, but still) and was highly regarded. “He was a gentlemen’s gentleman,” Duncan said. “Daddy didn’t want to be president of any of the organizations, but he was one of the 10 charter members to form the board of realtors here in Weatherford and I was one of them. Three of us are still alive— Bobby Dalton, Charles Foster and me.” The elder Duncan believed in giving back to his community. He worked tire- lessly as a member of the Lions Club, was a founding member of the Weatherford Industrial Foundation and served as a lieutenant in the Parker County Sheriff’s Posse. Jim Duncan followed closely in his father’s footsteps. He rapidly amassed a loyal client base, mostly from other young businessmen and women who were pleased to work with one of their peers. Drew Springer was one of them. “I’ve known Jim Duncan since junior high school,” Springer said. “As a profes- sional in the real estate business, he’s always been someone that I’ve looked up to. There have been houses that I couldn’t buy that he’s managed to sell to me. He sold houses for me that I couldn’t sell. He sold houses for me that other realtors tried to sell for me and they couldn’t, then Jim stepped in and sold for me. Jim is someone that I always wanted to be more like and I can’t say that about very many people.” Duncan bought the Century 21 Weatherford franchise in 1984 and sold to Judge Fite in 2003. What Duncan finds to be the most intriguing aspect of real estate today is the change in people. “It’s an education for a baby boomer to interact with the Millennial,” Duncan said with a winning grin. “Hopefully, they’ll have patience with us, but rely on us for sound advice and suggestions.” Duncan is at the point in his career that he could do a lot of his work from his home, but most days he can be found in his office in the C21 Judge Fite building. “I have an office at my house,” he said. “But I’d rather come down here and be with the people. I love mentoring young agents. I don’t make any money from them, I just love to help them and watch their careers take off.” What does Duncan consider his most important real estate transaction, ever? “One of the most meaningful real estate sales I handled happened 35 years ago,” Duncan said. “It was an older couple, both of them working in a restau- rant in Weatherford. But, keep in mind Weatherford was a lot smaller back then, and I think she helped cooked and he was a dishwasher, and [they]