REIBC - The Real Estate Institute of British Columbia E-Newsletter
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Your article could be placed in an upcoming REIBC e-newsletter.

September 2022

Meet a Member

Whether you have years of experience or are new to the industry, REIBC is your key to career advancement and connection with the real estate industry.  Professional members have achieved the RI designation, which provide employers and clients with instant confirmation of advanced levels of education and experience.

Aleksey Nekhoroshev, RI
Newsletter_Images/Aleksey_Nekhoroshev.jpgAleksey, a prior Nominee member, has now been approved for Professional membership and obtained his RI designation. Aleksey began his career in real estate in 2006 as a Junior Commercial Real Estate Consultant in Moscow. Since moving to Canada, he added the Professional Real Estate program Advanced Diploma at BCIT to his Master in law degree from Moscow State Industrial University and now works at Tsawwassen Mills retail centre as a Leasing Coordinator with Central Walk. There, his major responsibilities are to develop and maintain long term and sustainable relations with tenants, improving the mall and increasing its capitalization. Aleksey strongly values the opportunity to improve his international experience and to gain a better understanding of the local market. He is always striving to look beyond and has no doubts about his potential to bring a “fresh eye” opinion to discover new and unique solutions that will benefit local communities.

Welcome Aleksey. 

Member News

Kelly Alm, RI

Newsletter_Images/kelly_alm.jpgKelly Alm, RI is on the ballot for Vancouver City Councillor! His platform can be viewed on his website, but some of his points are as follows: As he has a deep first hand understanding of why development permits take so long, one of his priorities is to cut the wait times in half. It is also his intention to verify that CAC's are actually spent on the neighbors of the project rather than becoming general revenue. The fees are too high and need reform, reduction and eventually elimination. Another priority is to audit and eliminate the taxation of tax in the price of fuel. This will be challenging but not impossible. Because the previous council ordered a random ballot the names will NOT be in alphabetical order and as such Kelly needs voters to “Elect Alm #124”, taking note of his ballot number.

Joanna Dlin, RI
Newsletter_Images/joanna_dlin.jpgJoanna was recently promoted to the role of Deputy Assessor within the Specialized ICI management group at BC Assessment. Over the coming months, she will transition to managing the Greater Vancouver general commercial and development land teams, while slowly stepping back from her current role as an assessment appeals case manager. Joanna started as an appraiser with BC Assessment in 2010, where she held various positions and worked with a range of real estate portfolios since.

Joanna was acclaimed to the REIBC’s Board of Governors, with her duties having begun July 1st and has been an RI designated member since 2013. She holds a Bachelor of Commerce and Post Graduate Certificate in Real Property Valuation, both from the University of British Columbia.

Kim Turik, RI

Newsletter_Images/kim_turik.jpgKim Turik, RI was recently promoted to Deputy Assessor for Lower Mainland Residential at BC Assessment. In this new role, Kim manages the administration of the assessment process and is responsible for the production and defense of equitable actual value assessments for detached residential properties in several Lower Mainland municipalities. Kim leads a team of over 20 appraisers and property information collectors.

Kim has worked for BC Assessment for 22 years. Her previous role with the organization focused on service design and delivery, training development and delivery and supporting appraisers in applying legislation and case law in their work. During her career at BC Assessment, Kim has also assessed residential properties in Vancouver’s West Side neighbourhoods and commercial property in the downtown core.

Kim has been a member of the Real Estate Institute for 12 years. She supports the Institute as a member of the Input Advisory Committee which assists the Executive Officer in developing issue themes and article topics.

In addition to her RI designation, Kim has a Master of Arts in urban geography from the University of Toronto and a Diploma in urban land economics from UBC.    

Grapes REIBC Grapevine

Grapes

2022 REIBC Awards Gala and Diamond Anniversary

Registration is now open for the 2022 REIBC Awards Gala and Diamond Anniversary event! Come celebrate with us as the Institute commemorates its 60th anniversary and recognizes the outstanding achievements of its members.

Tickets are now available at the rate of $159 for REIBC members and $189 for non-members. Tables of 8 are also available for purchase. 

Register Now / List of Attendees / More Information

 2022_Awards/eNews_Finalists_Header.jpg

REIBC’s New Piece of Research

With help of professional member Bruce Turner MBA RI, HCA, REIBC recently released a new piece of research titled Whither BC’s Shifting Nexus of Climate and Fossil Fuels. This research explores Canada’s ongoing energy transition and how it may shift in response to global conflicts. While the climate crisis has put the future of the oil and gas industry into question, energy remains a critical part of Canada's economy. With global conflicts such as the war in Ukraine arising, how effectively are Canada's short and long-term objectives being adjusted to reflect ruptures in the global order? How might these impact BC’s economy and related property markets? Is it possible for Canada to steward its resource development and still meet its ambitious climate objectives? How realistic are these goals when other nations are focused on monetizing natural resources as rapidly as possible?

Tell us what other topics you would like to see researched by responding to our survey.

Registration for 2022 Presidents’ Luncheon Now Open!

The registration for this year’s Presidents’ Luncheon has now opened! The luncheon will feature speaker Chief Clarence Louie, CM, OBC, Chief of the Osoyoos Indian Band. Chief Clarence Louie will be speaking to us about business, as he believes business growth should be an everyday priority for Aboriginal people and government. Join us December 8th at the Fairmont Pacific Rim. Register Now!

Webinars

Housing Update with BCREA's Brendon Ogmundson – September 15

Newsletter_Images/brendon_ogmundson_headshot.jpgBrendan Ogmundson, Chief Economist for BCREA provided a popcorn-worthy presentation on the state of our housing market and the macroeconomics driving the changes. He discussed the significant interest rate hikes, the further expected hikes in Q4 and the mid-term expectation of a tapering or even potential decrease in rates around 2024. He provided information showing inflation is slowing, but the fact that it has crept into salary negotiations, will support further interest rate hikes in the near term. Focusing on the housing market, he showed that values are coming off across the lower mainland with the largest decreases being seen in the areas that saw the largest increases (Fraser Valley). Brendan provided interesting CMHC information on the lack of supply of new units in BC and the continual upward pressure that this has on housing prices.

Write-up by Keith MacLean-Talbot, RI

Current State of the Hotel Industry – September 22

Newsletter_Images/Carrie_Russell_photo.jpgOn September 22nd, the REIBC was pleased to welcome Carrie Russell, RI AACI, MAI, ISHC, Senior Managing Director with HVS Canada, the country’s leading hospitality consulting and valuation firm, for a webinar on the current state of the hotel industry in BC. Her presentation reviewed the last 20 years of typical hotel industry performance, and compared it to the roller-coaster ride that the industry has been on the last few years, since the onset of the Covid-19 pandemic, with a never-before-seen drop in occupancy rates as the main cause. The industry has been recovering, however, and as of today, the outlook for most markets is optimistic, with occupancy levels returning to pre-pandemic levels by 2023, and with even higher Average Daily Rates than pre-pandemic.

Write-up by Joanna Dlin, RI

REIBC Events

What First Nations are telling Canada about Reconciliation
Thursday, October 6, 2022 12:00 p.m. – 1:00 p.m.
Register Now

Awards Gala and Diamond Anniversary Celebration
Thursday, October 27, 2022 – Doors open 4:30 p.m.
Register Now

2022 Presidents’ Luncheon
Thursday, December 8, 2022
Register Now

Career Postings

Senior Course Specialist - UBC Sauder Real Estate Division

Manager, Real Estate Services - Metro Vancouver Regional District

Building Management Officer II - Vancouver Parks Board
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Real Estate Institute of British Columbia
RI, the mark of a qualified professional. All rights reserved.
1750 – 355 Burrard St., Vancouver, BC V6C 2G8
Tel: (604) 685-3702
Email: info@reibc.org


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