Member News

REIBC News 

Important update to Entrance Requirements

At the Board of Governors meeting on October 1, 2015 the Board approved two new universities as qualifications to become an RI.   The universities are Ryerson University and University of Guelph, both from Ontario.  The programs they are offering are comparable to the UBC program and also the BCIT program that we currently accept as requirements.  A comparison was completed and the board felt that REIBC would do well to recognize the graduates of these two schools.  The program at Ryerson is called Real Estate Management and the Guelph program is called Real Estate and Housing.  This is a great change for the Institute and we will work very hard to advise those schools and those graduates that the RI designation - Real Estate Professional is available to them. 

As not all programs meet the standard that REIBC has set, the University of Calgary has a certificate program that is called Real Estate Development.  The board has decided that this education will qualify if the person applying for their RI has at least 10 years’ experience.  This is the same qualification as the Registered Condo Manager course received a year or so ago.  We are very pleased to have these courses added to our entrance requirements.

Further in the meeting a policy was also approved that gave Executive’s an alternative to the regular entrance requirements.  This policy, entitled the Executive Entrance, speaks to those people that may not meet the Institutes regular requirements and have been in the real estate profession for a number of years and are in positions of executive leadership. 

A great step for the Institute and we will work hard to ensure that all of the people who qualify in these in new areas know that they too can be designated as an RI – Real Estate Professional. 

For further information click here

North Vancouver Walk & Talk 

On October 28^th, a group of RI members and guests made up of property managers, municipal staff, appraisers, brokers and developers met at the Lonsdale Quay for a “Walk & Talk” led by Heather Reinhold (Manager of the Waterfront Project at the City of North Vancouver). Heather painted a picture of future while describing the Central Waterfront Development Plan including the new Presentation House Gallery, the Shipyards plaza and the Spirit Trail. We then moved on to explore the Small House Demonstration where City of North Vancouver Manager, Susan Antoniali opened up these ‘tiny’ houses. Everyone had fun exploring and thinking about what life would be like living in under 500 square feet.

Finally we ended the event with a social at the newly built Tap & Barrel. For more information on the City of North Vancouver’s Central Waterfront Development Plan, visit cnv.org. Thanks again to Heather and Susan for such a great tour!

~ Keith MacLean – Vancouver Chapter Chair

Liam Boultbee, Student member 

The REIBC recently got an opportunity to touch base with the executive of the 2014-2015 BCIT Real Estate Association and they agreed to let us all know what they are up to now that they've entered the work-world.  We are sharing their stories!

Liam Boultbee was the Vice President of Events for the BCIT Real Estate Association’s 2014-2015 year.  After graduating in May, Liam started a career in commercial brokerage by joining Cushman & Wakefield’s research department.  Recently, he acquired his commercial trader’s license and became a Sales Representative in the company’s Commercial Sales and Leasing department.  Liam is focusing on office leasing, and continues to use his teachings from BCIT to effectively service clients in the Burnaby, New Westminster, and Tri-Cities areas. He looks forward to developing this career path, and thanks REIBC for their continuous support of real estate students in the Lower Mainland.

When he is not working, Liam enjoys running and cycling.  He recently ran his first triathlon in July, and is beginning to train for next year’s GranFondo Whistler

 

REIBC Charity Golf Tournament

Last month the REIBC had the opportunity to present a donation to the Make-A-Wish Foundation of BC & Yukon. $33,687.54 was raised at the tournament held on June 24, 2015. 

We thank all of our sponsors and those who donated prizes to our annual Charity Golf Tournament! We are pleased to continue to help the Make-A-Wish Foundation grant wishes. We recently received an e-mail from Ross Hetherington CEO of Make-A-Wish letting us know that we were able to help grant Hunter's wish. 

Dear Friends of Make-A-Wish,

Hunter’s wish came true because of you! It was a magical wish for all of us who were lucky enough to be involved & it reminded us of the incredible power of joy.

Each wish that you help us grant carries the wish child and their family from a place of uncertainty to a place of hope.

Here is Hunter’s  Circle of Joy  wish story with our heartfelt gratitude for helping us share the magic of a wish with so many inspiring kids throughout our province.

It is our hope that you will share it with your groups, teams, employees & friends. It was a very cool night!

We grant wishes because wishes change lives.

Some of the many wishes we are currently working on are –I wish to meet Elsa from Frozen; I wish to have my own entertainment room; I wish to go body surfing in Hawaii and I wish to have my older sister visit from Uganda.

Thank you SPFK Community for adopting Hunter’s wish.

From all of us at Make-A-Wish, but especially from our wish kids,  thank you for helping us share the power of a wish®.

Ross and the Make-A-Wish BC&YK Team

CIRCLEOFJOY-hunter-oct2015.pdf

 

AIC-BC & REIBC Letter of Understanding

On September 29, 2015 a Letter of Understanding was signed by Andrea Fletcher, President of REIBC  and Doug Janzen, President of AIC-BC.

The Real Estate Institute of B.C. and Appraisal Institute of Canada - British Columbia  have entered into this agreement for the purpose of :

• Recognizing the professional status of their respective members;
• Recognizing the  educational achievements of real estate professionals in both organizations, and furthering the educational standards of the real estate profession;
• Promoting co-operation and open communication between the organizations.

Click here to view.

RI's by Occupation

We will be listing each members names in our monthly e-newsletters. Each month we will highlight different industry categories. This month we've listed Arbitrators, Architects, Assessors and Asset Managers. See Below:

Arbitrator:

Graham Allen
Jeremy Bramwell, Bramwell  Associates Realty Advisors Inc.
Garth Cambrey, Cambrey Consulting Ltd.
Rodney Cook, Kent-Macpherson Appraisals
Iain Hyslop, Inland Appraisers Ltd.
David Lane, Lane Property Advisors Inc.
Richard Sieb, Intercity Appraisals Ltd.

Architect:

Malcolm Elliot, Endall Elliot Associates Architecture Urban Design
Michael Heeney, Bing Thom Architects 

Assessor:

John Allan, City of Medicine Hat
Leonard Appleby, Former Senior Aprpaiser with BC Assessment
Joe Barbosa, BC Assessment
Harpreet Basra, BC Assessment
Tyler Beatty, Assessment Services Branch - Municipal Affairs Alberta
April-Dawn Bellamy
Darryn Beuthin, BC Assessment
Cheryl Blacklock, BC Assessment
Kent Boag, BC Assessment
Michael Bose, BC Assessment
Jan Bosmann, BC Assessment
John Castle, BC Assessment
Philip Chau. BC Assessment
Theodore Chuang, BC Assessment
Cathy Colborne, BC Assessment
Russell Cooper, BC Assessment
Dan Cox, BC Assessment
Donald Currie, BC Assessment
Neil Currie, City of Medicine Hat
Reuben Danakody, BC Assessment
Lacy Derkson, BC Assessment
Bruce Fitzpatrick, BC Assessment
Andrew Fossey, BC Assessment
Sara Ann, Girdler, BC Assessment
Jason Grant, BC Assessment
Robbin Greig, BC Assessment
Bill Hampton, BC Assessment
Brian Hawkins
Janice Hodge, BC Assessment
Justin Howard, BC Assessment
Evelin Irons
Colin Jack
Joanna Jaholkowski, BC Assessment
Darin Johnson, BC Assessment
Evelyn Kaatz, BC Assessment
Kashmir Kang, BC Assessment
Samuel Kiernan, BC Assessment
Dave Kingston, BC Assessment
Bonnie Knight, BC Assessment
Jarret Krantz, BC Assessment
Mitchell Kuramoto, BC Assessment
Jerry (Shiu Kin) Kwok, BC Assessment
Sarah Lai, BC Assessment
Bradley Lane, BC Assessment
Michael Law, BC Assessment
Kim Levesque, City of Medicine Hat 
Daren Liggett, BC Assessment
Robin Lyndon
George Macdonald
William Martin, BC Assessment
Colleen McCombe, Edmonton - Assessment & Taxation Branch
Melanie McComber, BC Assessment
Sean McGinnis, BC Assessment
Kelly Morrish, BC Assessment
Paul Mrazek, BC Assessment
Bryan Murao, BC Assessment
Clayton Olson, BC Assessment
Jacqueline Parsons, BC Assessment
Gregg Paton, BC Assessment
Barry Plant, Plant & Associates Appraisal Services Inc.
Thomas William Pringle, BC Assessment
Ravinder Punia, BC Assessment
Lisa Pynn, BC Assessment
Geoffrey Radtke, BC Assessment
Russell J. Reynolds, Russell Reynolds Consulting 
Melinda Ritchie, BC Assessment
David A. Robertson, BC Assessent
Beauregard Rossel, BC Assessment
Raja Sandhu, BC Assessment
Nancy Christine Schmidt, BC Assessment
John Schubert, BC Assessment
R. Brent Sear, BC Assessment
Kathyrn Shaw, Kathy Land Consulting Ltd.
Edward Shum, BC Assessment
Mandeep Singh Mahanger, BC Assessment
Erich Streckenbach
YuYang Su, BC Assessment
Paul Karleon Sun, BC Assessment
Michael A. Taylor
Tracy Wall, BC Assessment
R. Carl Walton, BC Assessment
Boris J. Warkentin, BC Assessment
Andrew Webster, BC Assessment
Ian Wells, City of Prince George
Robert Joseph Wikenheiser, BC Assessment
Margaret Wai-Kay Wong, BC Assessment
Greg Wood, BC Assessment
Mark Wooldridge
Caris Wylie, BC Assessment
John Yannacopoulos, BC Assessment
Vicky Yip, BC Assessment
Maureen Zimmerman

Asset Manager:

Stella Carmona, Sutton Group West Coast Realty

Board Report

Board of Governors Meeting Report – September 30/October 1, 2015

The full Board of Governors met in Vancouver for a two day session to kick off the 1^st Board meeting of the new team.

It was two interesting days which included;

• Four hour training session by Vince Battistelli on “Governing Effectively”. It gave essential framework of knowledge and tools for the Board of Governors, for guidance and direction to ensure the organization’s financial health and sustainability.   
• Followed in the afternoon by the team “Strategic Planning for the REIBC, with a three year lens”
• The second day was a great morning with facilitator Kaylee Hansen “Lumina Spark”. Understanding personality profiles and values to maximize the diversity and talent of the amazing leadership team for key institute objectives.
• The afternoon started with Board of Governors Meeting. Items discussed were:
  • Role of the Board of Governors
  • Honorary member discussion which led to an appointment of Peeter Wesick
  • Full commitment to be a member of 2019 Land Summit
  • Approval of education from Ryerson University and Guelph University for entrance in to the Institute.
  • Executive Entrance was approved
  • University of Calgary education was approved in exemption #2 , 10 years experience
  • The focus of the institute over the next 8 months is on employers.
  • Bylaws will be presented at AGM for changes to the education.
  • A facilitated meeting will take place to discuss Strategic Goal #7 – Organizational Structure
• Then to wrap up the day we had the great pleasure of Cameron Muir, to have a round table talk about economic and real estate trends.

The commitment that the Board and the REIBC staff provide our Institute and RI professionals is above reproach and I am personally proud to serve the membership.

Respectfully Submitted by:  

Susan Antoniali, CPM. RI
Governor

Industry News

AIC-BC 2015-2016 President Announced

On October 2, 2014, at the Directors meeting of the Appraisal Institute of Canada - British Columbia, Steve Blacklock AACI, P.App of Comox BC, was elected President for a one year term.

Read the press release here:Press_Release.pdf 

BC Law Institute welcomes reforms to rules on terminating a Strata

On October 8, 2015 Bill 40 was introduced in the Legislative Assembly of British Columbia. It contains proposed amendments to the Strata Property Act that will improve the rules governing termination of a Strata Corporation.

Read the press release here

Canada's REITs on a roll

Frank O'Brien of the Business in Vancouver reported on Canada's REIT's in the September 29th edition of the BIV. He states that after posting dismal numbers earlier this year, real estate investment trusts (REITs) have launched aggressive acquisitions, timely mergers and forays into U.S. real estate in turnaround bids. According to a RBC Capital Markets survey released at this month’s RealREIT conference in Toronto, 29 of Canada’s 56 REITs reported negative numbers in the year’s first half, compared with just two in 2014. REITs, however, are now emerging as nimble players in Western Canada’s commercial real estate arena.

Read the story here

REIBC Upcoming Events

Presidents Luncheon

December 3, 2015
11:30 am - 1:30 pm
Four Seasons' Hotel
791 West Georgia St., Vancouver
Register here

Guest Speaker: Ms. Connie Fair, RI, President & CEO of BC Assessment Property Assessments to Property Information

Since its inception in 1974, BC Assessment has earned a reputation as one of the world's leaders in property assessment. Mastering property assessments has meant the collection and analysis of extensive property data.  What’s the value of this data? How can it be utilized beyond BC Assessment and shared with property owners, governments, realtors and researchers? Making the shift from property assessment to property information involves an evolution of work,  people, partnerships and relationships. It requires a carefully prepared pathway for organizational cultural change and the resilience to overcome challenges and resistance along the way.  In short, it requires a fundamental change in the way things are done and how the organization views itself. Join Connie Fair RI,, President & CEO of BC Assessment, as she describes BC Assessment’s transformation from producer of valued property assessments to provider of valuable property information.

Sponsored by: Real Estate Foundation of B.C. (Event Sponsor) Society of Notaries Public of B.C., BC Assessent, and Real Estate Board of Greater Vancouver, WPJ McCarthy & Company Ltd, Sauder School of Business - Real Estate Division (Table Sponsors), The Homeowner Protection Office, a branch of BC Housing. (Brochure Sponsor) Turner Meakin Management Co Ltd. (Photography Sponsor)

UPCOMING CHAPTER EVENTS

Joint AIC/REIBC Vancouver Chapter Luncheon
November 4, 2015 11:30am - 2:00 p.m.
The Fairmont Waterfront Vancouver
900 Canada Place Way, Vancouve B.C.
Register here 

Cirque Muisca Holiday Spectacular
December 6, 2015 7:30 p.m.
Abbotsford Centre
100-33800 King Road, Abbotsford B.C.
Register here

REIBC Vancouver Chapter Holiday Reception
December 9, 2015
Pinnacle Hotel Vancouver Harbourfront
1133 W Hastings St., Vancouver
Save the Date!
Watch for registration!

Career Opportunities

Director, Regional Development Lower Mainland - BC Housing

Industry Events

AIC-BC

The AIC-BC hosts a number of seminars, courses and networking events throughout the year for both AIC members and non-members alike. 
Click here for the list of events 

CLEBC

Residential Real Estate Conference
December 3, 2015  9:00 am - 4:30 p.m.
Pan Pacific Hotel
999 Canada Place, Vancouver
REIBC members recieve $100 discount on registration
Call 604-893-2121  to register with the discount
More info

CREW

Annual General Meeting
November 3, 2015  7:30am-9:00am
More info

IRWA

International Right of Way Association Chapter 54's course offerings:
Course 100C Principles of Land Acquisition 
November 3, 2015
Course Location:  BCIT Downtown Campus, 555 Seymour St., Vancouver

MIABC

Commercial Real Estate Panel with Guest Speakers from
Colleiers, CBRE and Avison Young
November 17, 2015 11:45 am - 1:30 pm
Terminal City Club 
837 West Hastings St. Vancouver , B.C.
Register here.

PAMA

The current versions of the Real Estate E&O Insurance Legal Update for Strata and Rental Property Managers are open for registration.

REP7 - Real Estate E&O Insurance Legal Update for Rental Property Managers
November 18, 2015 Time: 9:30am - 3:00pm
Italian Cultural Centre, Vancouver
Presenter: Lisa Mackie - Alexander Holburn Beaudin + Lang LLP
Details    Online-registration

UDI

U40 - Vancouver Leadership Breakfast 
Guest Speaker: Norm Couttie, President of Adera
October 29, 2015  7:30 am-9:00 pm.
More info