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October 2013
Member News
Congratulations to Brian Kennedy!
 Brian retired on September 15, 2013 and his last day of work was September 13, 2013. A great day for retirement. Brian and his wife Debra are looking forward to golfing, travelling, spending time with their grandson and whatever else fits into the timeline. Brian retired from People’s Trust and has been and RI since 1978. Congratulations Brian, we wish you all the best in the future. Have fun!
50th annual Ironman Championship Race
 Associate Member, Elizabeth Model, CEO from the Downtown Surrey Business Improvement Association recently competed in her 50th annual Ironman Championship Race held in Kona, HI.
Elizabeth’s motive in completing this particular race was her underlying fundraiser for the Vancouver Resource Society; a non-profit organization providing accessible housing with support services to people with disabilities.
Congratulations Elizabeth!
Events
Valuing Diversity Conference:
On September 27th and 28th the Appraisal Institute of Canada-BC and the REIBC held its joint Valuing Diversity Conference at the River Rock Resort & Conference Centre. It was a huge success! Under rainy, overcast skies our members had the opportunity to hear from a diverse range of Industry professionals on three knowledge streams: Appraisal, Law and Diversity.
Our three keynote speakers were Mr. Cameron Muir, Chief Economist from BCREA, Avtar Bains, Principal of Premise Properties and to close out of the event Mr. Vaughn Palmer from the Vancouver Sun and Global Television.
We thank everyone for attending, and making this Conference a huge success!
Mastering the Depreciation Report:
On Oct 3 the Appraisal Institute of Canada – Vancouver Chapter and the Real Estate Institute of BC put on a cooperative lunch seminar called “Mastering the Depreciation Report.” Panel Member David Albrice of RDH presented an outline of the physical inspection process as well as issues that have previously been discovered. Mike LaPorte, AACI, RI, CRP from NLD Consulting discussed his firm’s application of the financial model in deprecation reports and Melanie Lietuvinikas put forward some of the CHOA’s issues with reports they have seen. John Bridal, from UBC’s Sauder School of Business- Real Estate Division introduced UBC’s new non-credit program for the RFPP designation (Reserve Fund Planning Program). Larry Dybvig, AACI, then notified the crowd that changes are coming in the 2014 CUSPAP regarding Depreciation Reports. Considering it was a large panel, the complexities involved were well discussed!
Submitted by Jeremy Bramwell, RI
Kent Mullinix Webinar:
On September 18th, Prof. Kent Mullinix, Director of Sustainable Agriculture and Food Security at Kwantlen Polytechnic University held a Webinar about the Regionalization of food system.
It was a very interesting, eye opening webinar! The REIBC donated to the Vancouver Food Policy Council on Kent’s behalf. You can purchase the webinar here.
BCIT Meet the Pro’s
BCIT’s REA(Real Estate Association) held its first networking event of the year on Oct 17th called “Meet the Pro’s” The evening provided students with a perfect opportunity to learn from, and ask questions to a group of residential industry professionals.
The REIBC brought in professionals from a variety of occupations – each personable and easy to talk to. Through the evening we all had many conversations with the professionals and received a lot of advice and guidance. From Andrea’s enthusiasm, to Troy’s humor, the students got to see the different types of people that will make the real estate industry an enjoyable one to work in.
All of the members of the BCIT REA are appreciative that the professionals took time out of their schedules to come to this event. With everything that was said, we really got a greater sense of clarity on what our futures might look like. We look forward to our next opportunity to see you all again!
A 2nd Meet the Pro’s event will be held in February, and will focus on Commercial Real Estate. Professionals, please keep your eyes open for your invite to participate in this 2nd event!
Submitted by Ben Wedge – BCIT REA.
Vancouver/ North Fraser Chapter Bowling night!
The Vancouver and North Fraser Chapters joined together to host a bowling night that was held on Oct 24th, at REVS Bowling and Entertainment Center in Burnaby, B.C. Everyone had a good time and between the two groups around 30 people came out. “We thank everyone who participated in this event.”
The Chapters awarded a couple of prizes! The Grand prize was an iPad Mini and was awarded to Nick Damiani from BC Assessment – North Fraser Office. Prizes were also given out to the best bowler Carol- from ICBC and not-the-best bowler, which was graciously accepted by Jennifer Dennis from BC Assessment North Fraser Office.
Submitted by Dorin Danci, BC Assessment, North Fraser Office
Industry news
The Real Estate Foundation of BC held their Land Awards Gala on October 25. The Master of Ceremonies was David Beers, founding editor of The Tyee, and the Keynote speaker was Mr. Tony Stewart, CEO of Quails’ Gate Winery. Awards were given out under four categories. The first category; Public Sector, was won by Solar Colwood, the City of Colwood. The second category; Non Profit Sector was won by Atira Women’s Resource Society for their Recycled Shipping Containers Housing Project. The third category; Private Sector was won by Lanefab Design/Build for their New Positive Housing Project. The Land Champion was won by Carol Newell for her work in sustainable land use in B.C. Carol is a Vancouver-based social entrepreneur who strategically invested her wealth to conserve millions of hectares of land on Cortes Island. She worked with the local community to make land available for housing, parks, trails and conservation.
Congratulations to all of the winners!
CPD FRIDAYS -- FEED YOUR FUTURE
The Real Estate Division, of the Sauder School of Business, University of British Columbia, is continuing its series of live online webinars. These “CPD Fridays” are an opportunity for real estate practitioners to fulfill their continuing education needs through topical, contemporary courses taught by industry experts. In these live, participatory sessions, students can ask questions and share ideas with peers.
November 22, 2013
November 29, 2013
December 6, 2013
Webinars run from 9am-11am Pacific Time (12pm-2pm Eastern Time).
To find out more about these sessions, including tuition and registration details, please visit: http://www.realestate.ubc.ca/webinar
REIBC NEWS
The 2013 fall edition of Input magazine has gone out! If you haven’t already received your copy of INPUT, keep your eyes peeled. We want to thank all of our contributors for helping us create and provide you with yet another excellent magazine!
At the beginning of November watch your Inboxes for a Member Survey! Please take a few minutes of your day to participate in this quick survey. The Institute strives to provide you with the best member benefits and service and in order to continue to do so, and we need to know what you, the members, are thinking. We look forward to receiving your feedback.
Did you notice this graphic? This is an ad especially for the newsletter. Are you interested in having an ad like this in the newsletter? Contact Maggie at marketing@reibc.org
UPCOMING EVENTS:
Pub Night!
Thursday, November 21, 2013 5 p.m-7p.m
Elephant & Castle, 355 Burrard, St. Vancouver – Marine Building
Watch your inbox for more information
2013 Presidents Luncheon
Special Guest Speaker: Rudy Nielsen, RI
December 5, 2013. 11:30am-2:00p.m.
Four Season Hotel, 791 West Georgia, St. Vancouver
Register Now.
Vancouver Chapter Holiday Reception
December 11, 2013
Terminal City Club
Watch your inbox for further information
2014 BC Land Summit
May 14-16, 2014
Sheraton Vancouver Wall Centre
http://www.bclandsummit.com
Mark your calendars & watch for registration
BOARD REPORT:
Hello once again. This past September the RIEBC board met in person. We started the session learning about proper board governance, and what our role as board members entails. We then moved into our annual strategic planning session, where we looked at the goals for the next year, and how we wanted to move forward for the coming year. There was broad ranging discussion on the impacts of demographics and the changes facing our industry. We related this back to our members and how we can serve the changing needs of our existing members and ensure that we are an attractive option for new members. I think we have created an achievable but challenging set of goals for ourselves for the upcoming year.
At our board meeting, there were several policy related issues that came forward. The board decided that to improve interaction with our committees, the Chairs or board representative would present twice a year on the activities of their committee. Governors will also report out to the board on their Chapters and their accomplishments.
We are pleased to report that a new board member has been appointed in the Vancouver Island District to fill a vacancy. Cheryl Wirsz will join the board until the end of the term in June 2015. A warm welcome to Cheryl!
Once the board meeting came to a close, the joint AIC/REIBC Valuing Diversity Conference kicked off at the River Rock in Richmond. It was an excellent event with a high caliber of speakers and a selection of interesting topics. For those members who attended, I hope you enjoyed yourselves.
Submitted By:
Mandy Hansen, RI
President
Career Opportunities
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