REIBC - The Real Estate Institute of British Columbia E-Newsletter
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REIBC is always looking for feedback from our members. What do you think of our latest issue of INPUT magazine? Is there anything you would like to say about any of our events? Please send your comments to marketing@reibc.org with your name and contact information.


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Do you have a newsworthy story?

Did you just get a recent promotion? Are you taking on volunteer work?

Do you know someone who should be recognized for their recent achievements?

If so, this is your opportunity to have a say in one of our upcoming newsletters. Just write a small paragraph and send it to info@reibc.org

Your article could be placed in an upcoming REIBC e-newsletter.


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Landcor Data Corporation offers 20% discount to REIBC members. Check out the program here.

August 2018

Meet A Member

Eric Freudenreich, RI

Eric Freudenreich PhotoI began my Real Estate Career in 2011 working as a residential fee appraiser primarily in Vancouver later moving to Edmonton where I worked as a Property assessor, valuing multi-family income properties and defending assessments before the Assessment Review Board.  The Public Sector offered a fresh set of challenges while also seeing firsthand the unique market dynamics in Alberta compared to B.C.  It also highlighted how diverse the career options are in the appraisal field.

In 2015 I moved back to Vancouver and began working for the Vancouver Fraser Port Authority as a Property and Tax Administrator.  The Port Authority has an exciting mandate to facilitate trade through Canada’s busiest Port.  In support of this goal, my role is to manage a commercial leasing portfolio and provide valuation advice supporting the acquisition of trade-enabling industrial land. 

The other half of my role is to administer the Federal Payment in Lieu of Taxes (PILT) program on behalf of the Port Authority.  While the Vancouver Fraser Port Authority is constitutionally exempt from paying property taxes, payments in lieu of taxes are made to recognize the services we receive from municipal governments and to pay our fair share of the costs to municipalities where our property is located.   Every year I value over 400 properties throughout fifteen municipalities in which the Port Authority operates.  

While I began my career as an appraiser, the Port has allowed my skillset to grow and diversify, managing an array of real property assets.  With a large geographic area of operations and challenging mandate, there is a variety of interesting work to be done.  At the end of the day it is rewarding knowing the work we do is for the benefit of all Canadians.

Outside of the office I’m an avid hiker, completing the West Coast Trail and Sunshine Coast Trail in the past two years with plans to take on the Broken Island Group next summer. The mountains have had to wait this summer as my wife and I excitedly welcomed a new baby boy into the world.

Jean-Francois (J.-F.) Proulx, RI

J.-F. Proulx PhotoI started my real estate career in agriculture as my family operated a farm in the 1980s and I had to maintain and replace its assets. I then worked in construction, learning carpentry and painting by working for others, before starting my own renovation and renewals company, which led to contracting work in Montréal, Ottawa and Vancouver.

In the 2000s I transitioned from doing to supervising work, and managed building enclosure renewal projects (building cladding, balconies, windows replacements etc.) for an engineering firm. I was responsible for reviewing the work, managing change directives, and producing progress reports, as well as creating maintenance manuals, warranty reviews, and reserve fund studies.

When the BC government instituted the requirement for Reserve Fund Planning and Reporting (RFPR) and Depreciation Reports (DRs) in 2013, I fostered RFPR departments in three appraisal firms. Realizing the merits of the REIC functional benchmark methodology, I became a Certified Reserve-fund Planner (CRP) in 2014, and created Constructive Condo Reporting Corp. in 2015, to dedicate myself fully to compliant RFPR.

Realizing that educating owners was not enough, I was Institute of Real Estate Management (IREM) teaching certified in 2016 and became REIC Faculty in 2017. I have since been teaching the merits of REIC compliant RFPR across Canada to all professionals interested in undertaking standardized RFPR assignments for the benefit of all stakeholders.

J.-F. Proulx's recently published an article in Condo News (CCI BC Chapter) on reserve fund planning and reporting - Net Worth and Contributions Ceilings. Check it out.

BC Land Summit Logo

REIBC Members share your expertise at the 2019
BC Land Summit!

2019 BC Land Summit Call for Program Proposals is open!

The BC Land Summit Society is proud to present the 2019 BC Land Summit – Collaborations & Connections – being held May 8 - 10, 2019 at the Westin Bayshore Hotel in Vancouver, BC.

Held every five years, the BC Land Summit is the premier collaborative conference providing interdisciplinary education, professional development, and training opportunities for professional practitioners in fields related to land and land-use in British Columbia.

In anticipation of this great event, we are pleased to invite you to submit your proposal for inclusion in the program for the 2019 BC Land Summit – Collaborations & Connections

Remember we want all of our REIBC members to collaborate with their professional colleagues and propose a session or program element for next year's exciting conference! Don't miss this opportunity!

You will be advised on or before November 2, 2018 if your proposal has been accepted!

Submission Deadline
‎September‎ ‎24‎, ‎2018‎ 4‎:‎00PM
 

REIBC Events

Boat Cruise and Conversation with Gary Penway

Gary Penway Certificate The Real Estate Institute of British Columbia hosted a chartered boat cruise through the Vancouver Harbour on August 29th 2018, and it was a beautiful night to be on the water. Our guest speaker for the evening was Mr. Gary Penway who shared his thoughts on housing affordability, the development approval process in BC and the role of Realtors. Gary spoke to the planning that's required to make this world work today and suggested that we are going to have a need and want of the land that's here.

Thank you to all of those who attended.We look forward to seeing you at the next event! 

Also, we'd like to extend a great big thank you to Judi Whyte, RI, Royal LePage Sussex Realty for her sponsorship support.

 
REIBC 2018 Charity Golf Tournament    Christopher Jones

Christopher Jones, Canada Scaffold Supply Co. won the 50/50 at the REIBC Charity Golf Tournament on June 18th.  He won $575.00 & decided to give it all back to Make-A-Wish. The total to them was $1150.00

Congratulations, and thank you so much for your generousity, Christopher.

Upcoming REIBC events

Everything you wanted to know about Site C, but were afraid to ask...September 7th

Canal Flats welcomes a new rural Tech Center! September 12th

Surrey: Today and into the Future - September 13th

Vernon Planning and Development Update: Now and Into the Future - September 20th

LNG & Its Effect on Real Estate in the Northwest - September 20th

Webinar: Living Smaller Housing Concepts - September 27th

2018 Presidents Luncheon - December 6th

Career Opportunities

Vice President, Asset Management - Bentall Kennedy

Director, Capital Projects - BC Public Service - Ministry of Citizens' Services

Land Acquisition Officer - Ministry of Forests, Lands, Natural Resource Operations and Rural Development

UBC Upcoming event!

The UBC Centre for Urban Economics and Real Estate are hosting a forum event on housing policy, September 12th. With the upcoming fall municipal elections it's a good time to ask questions .. how do the parties running for Vancouver's City Council and Mayor plan to address housing affordability, high commercial taxes, and a regulatory process in need of streamlining?  Check it out!

For more information click here.

REIBC News

Did you know that if you are unable to catch a webinar we record them? They are on our website under Events and Webinar Recordings. Cost is $34.99 for members and a little more for non-members. You don’t have to worry about not being able to stay on top of the latest issues as you can listen at any time.

Click here to check out our most recent webinars

Members Seeking Employment

Are you looking for employment? If you are an Associate, Professional or Nominee member looking for a career - tell us a little about yourself here.



Real Estate Institute of British Columbia
RI, the mark of a qualified professional. All rights reserved.
1750 – 355 Burrard St., Vancouver, BC V6C 2G8
Toll-Free: 1-800-667-2166 Tel: (604) 685-3702 Fax: (604) 685-1026
Email: info@reibc.org


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