May 2012
Board of Governor’s Report
Your Board of Governors met via conference call on April 26, 2012. In order to keep our membership aware of the issues at hand, the following is a brief review of the meeting.
- Institute Bylaws are in need of various updates. The bylaw changes will go before the membership for approval at the Annual General Meeting on June 14th, 2012.
- Policy issues were discussed. Two issues in particular were in focus: the Recognition Dinner and Event Pricing. While one policy is in the process of being rewritten, the event pricing was approved.
- Membership Leave of Absence was a topic of discussion. The current policy dictates that applications for leave must come to the Board for approval. While approval for leave is case specific, further information is required.
- The Award of Excellence in Real Estate is presented annually at the Recognition Dinner. A discussion was held regarding the Committee.
- In 2013, the Real Estate Institute and the BC Association of the Appraisal Institute of Canada will be holding a joint conference. Two locations are being considered and discussions are ongoing as to any preference or further possible locations.
- There is a Member Services Committee that consists of four members. Discussion centered on using the member survey to recognize needs of members and also review the Terms of Reference for the committee. The committee will meet monthly going forward.
- Nominations for elections of Board and Chapter level positions are now closed. Elections will take place in the upcoming weeks. Thank you to all members who have stepped forward or have let their names stand for these positions. Elections were not required in Vancouver Island District, North Fraser District and Fraser Valley District. Vancouver District will be having an election.
It has been my pleasure to complete this review of the Board Meeting of April 26th, 2012. I would also like to remind all of the upcoming Recognition Dinner and Annual General Meeting to be held on June 14th, 2012.
Respectfully submitted,
John Castle, RI, AACI, P. APP. Governor for Cariboo, Northwest/ Prince Rupert Districts.
REIBC Events
New Home Warranty Webinar on May 17th featuring Wendy Acheson

Learn how the Homeowner Protection Office (HPO) is helping real estate professionals navigate through the requirements of the Homeowner Protection Act and what online and other resources are available.
This webinar with Wendy Acheson, VP & Registrar of the Homeowner Protection Office will discuss the requirements that are necessary for real estate professionals to know and where they can get further information and assistance regarding Home Warranty Insurance Requirements. Registration cut off is May 14/12, so don’t delay.
REIBC Annual General Meeting
The Annual General Meeting of the Real Estate Institute of British Columbia will be held on Thursday, June 14, 2012 at the Terminal City Club located at 837 West Hastings Street, Vancouver, BC.
The meeting will begin at 5:00 p.m. for the purposes of:
- Receiving and considering the Financial Statements of REIBC for year ending March 31, 2012 and the Auditors Report thereon;
- Appointing auditors for the ensuing year;
- By-law amendments;
- Transacting such other business as may properly be brought before the meeting.
A quorum of 25 members present must be achieved for the meeting to take place. We look forward to seeing you there.
REIBC Recognition Dinner Register now for the Annual Recognition Dinner on June 14, 2012. It will be held at the Terminal City Club at 837 West Hastings Street in Vancouver. All the details are in our Events section of our website.
 Special thanks to BCREA for sponsoring this event!
19th Annual Golf Tournament Please mark your calendars and plan to join us on Wednesday June 20th, 2012 for our 19th Annual REIBC Golf Tournament in support of the Make-A-Wish Foundation of British Columbia and Yukon. Once again, this year’s tournament will be held at the beautiful Northview Golf and Country Club, Ridge Course in Surrey, B.C. The Make-A-Wish Foundation of British Columbia and Yukon grants the wishes of children with life-threatening medical conditions to enrich the human experience with hope, strength and joy. We can make wishes come true with your support. Details and registration information for this event are on our website. Note, sponsorships are still available. For further information please contact Maureen at 604-685-3702 Ext. 102
Vancouver Chapters of AIC-BC/REIBC/RICS Present Avtar Bains

US Market Review with Avtar Bains Location: Fairmont Waterfront Vancouver, 900 Canada Place Way, Vancouver, BC Date: Wednesday, May 30, 2012 Time: 7am - Registration 7:30-8:45an -Breakfast and Presentation Cost: $45 + HST Please register by May 28, 2012.
Industry Events
MIABC Luncheon with Guest Speaker Adrian Dix

The Mortgage Investment Association of British Columbia is having Adrian Dix, MLA Vancouver-Kingsway, Leader of the Official Opposition and NDP Leader in British Columbia, as their guest speaker at their May 15th luncheon at the Terminal City Club. For event details and registration: www.miabc.com/events
2012 Vancouver Urban Forum
Vancouver Urban Forum - fourth Wave Urban Reform is being held on June 6, 2012. Over 20 Urban thinkers will be speaking at this conference. For more information go to: http://globalcivic.org/vancouver-urban-forum/
Extreme Makeover – Whole Building Retrofits Breakfast Panel
There are over 5,000 high rise buildings in major Canadian cities and tens of thousands worldwide. A staggering number of these buildings are now 30 years or older and in need of complete retrofits if they are to continue to perform efficiently and remain attractive to tenants. What is industry doing to meet this challenge? What is the opportunity for incorporating energy efficiency practices and achieving operational efficiencies and cost savings? And what are the challenges we are going to face in the future retrofitting the new buildings of today?
Many in industry are seeing renewal as an opportunity and are now developing whole building retrofit programs aimed at addressing the challenge. “Extreme Makeover: Whole Building Retrofits” will bring together building owners and experts from building sciences, architectural design, engineering, operations, and management to discuss one of the great challenges facing the building sector in the 21st century. Brought to you by Light House Sustainable Building Centre in partnership with BOMA BC.
Date: Tues, June 5th 7:30am-10:00am Location: Downtown Vancouver Tickets: $65 including tax and a full buffet breakfast. Register and learn more at http://marketinsights2012.eventbrite.com
Climate Change
The Building That’s Beyond Green article published in the Globe and Mail on April 20, 2012 outlines how the Centre for Interactive Research on Sustainability building at UBC contributes to the planet’s health. http://www.theglobeandmail.com/report-on-business/industry-news/property-report/the-building-thats-beyond-green/article2408979/ Thanks to Joshua Kitsul, RI for submitting this article!
Tell us what you would like to read concerning our environment and its changes that affect real estate. Any suggestions are more than welcome. If you find an interesting article fellow REIBC members would also enjoy, please forward it to us. Please email suggestions and links to aaustin@reibc.org
Job Postings
Property Services Agent - Corporation of the District of North Vancouver Land Agent - FortisBC Project Manager, Real Estate – Translink Senior Assessment Auditor – Saskatchewan Assessment Management Agency
For the details on these job postings, please login to the REIBC website Members Home Page and go to the Job Board, or click here.
Student Connections
Are you a student member? Visit our Student Connections sections on the web site. We have over 30 professional members ready and waiting to speak to you about your future career in real estate. Check them out here!
Club REIBC
Club REIBC is brought to you by the Real Estate Institute of BC. This program is designed to provide you with valuable insider discounts on the products and services you want and need. Offers can be redeemed in a variety of ways - online, in-store and by phone. Enjoy the benefits of membership! Go to www.reibc.intrd.com to find out more.
MAY FEATURE Playland 2012 PlayPasses are on sale now. Buy your Season and One-Day PlayPasses online and save up to $5 off the regular gate price.
SAVE ON FLIGHTS Japan Airlines is providing discounted flights! Popular routes: Vancouver to Tokyo, Vancouver to Hong Kong, Beijing, Shanghai and Bangkok. Book through Rolex Travel, Jancy Chang, tel: 604-872-8548; rolextravel@shaw.ca ID #ZVBTCA
HOTELS Clarion: up to 20% discount Comfort Inn: up to 20% discount Comfort Suites: up to 20% discount Econo Lodge: up to 20% discount Quality: up to 20% discount Rodeway Inn: up to 20% discount Sleep Inn: up to 20% discount
TRAVEL Avis: receive an additional discount on the Best Daily Rate Enterprise Car Rental: get 5% off the Lowest Rate Japan Airlines: Discounted flights National Car Rental: exclusive member rates Park'N Fly Vancouver: receive up to 70% off Park'N Fly Edmonton: receive up to 20% off
HOME The Mortgage Group: Take advantage of rates at historic lows and receive $200 in gift cards. Contact Ryan & Tiffinie Hammerer for your complimentary credit check & mortgage evaluation. 604.787.5171 or rhammerer@mortgagegrp.com
*Merchants and offers are subject to change and availability without notice.
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