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What is a DORT and why do I need to know?

April 22nd, 2019

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What’s the Disclosure form that Realtors are asking you to sign?

You’re casually talking about the housing market with a REALTOR® you’re interested in working with when the conversation shifts to your personal financial situation.

The Realtor stops the conversation and politely asks you to sign a form called “Disclosure of Representation in Trading Services” (DORTS) before they can contin ...

Are you looking for the best value in Brighouse South?

July 19th, 2018
Your browsing is over!  This is the one you have been searching for.  Comfort, spacious living at an amazing price!  Check out the Virtual tour on my website for #113-8300 Bennett Road, Richmond.  You will be glad you did!

Special News if you own property in a BC Ski Resort?

June 22nd, 2018
June 22, 2018 - If you own property in a British Columbia Ski Resort area, there is a small bit of good news just come your way.  The NDP Provincial Government has opted to exclude Ski Resort properties from the new "Speculation Tax" expected to come into effect in 2019.  However, stay tuned for other types of secondary recreational properties or secondary homes that may be subject to this ne ...

Do you agree with the Public Registry for Homeownership?

June 21st, 2018
2018  -  BC Government Deputy Finance Minister, Carole James is proposing a new Public Homeownhership Registry which will be the first-of-its kind in Canada and will provide valuable information about the true ownership of real estate in B.C. It will hold public records on the individuals behind numbered companies, offshore and domestic trusts, and corporations. As a result, the registry will ...

June 15/18 - New Real Estate Rules for Consumers & Real Estate Representatives

June 15th, 2018

VANCOUVER, BC - June 15, 2018 - New real estate rules took effect today that will change the way REALTORS® and their clients work together.

Specifically, the new rules will prohibit the practice of limited dual agency and require real estate licensees in BC to provide additional information to their clients about how they’re compensated.

The move to single agency is a significant change fro ...

Feb 20/18 - BC Budget changes to Corporate Ownership requirements

February 24th, 2018

In the current BC Budget changes, the BC Government will now require additional information about beneficial ownership of Corporations on the PTT form.

This program will be Administered by the Land Registry. The information will be publicly available and shared with federal and provincial tax and law enforcement authorities. Legislation will be introduced to require BC corporations to hold a ...

Feb/18 BC Budget - Developers & Assignments

February 23rd, 2018
In the Budget of Feb 22, 2018, the BC Government will now require developers to collect and report comprehensive information about the assignment of pre-sale condo purchases. The information will be reported to a designated government office and shared with federal and provincial tax authorities to ensure taxes are paid.

Feb 20/18 - BC Budget changes Property Transfer Tax, Again!

February 20th, 2018

February 20, 2018 - Today, the NDP Government in British Columbia changed the Property Transfer Tax (PTT) on home purchases for the 2nd time in less than a year.  The Foreign Buyer Tax has been increased from 15% to 20% and homes over $3 million have also had an increase in the PTT.  Do you think this will curb the escalating home prices in Greater Vancouver?

The amount of tax you pay is bas ...

What's the difference between a Buyer or Seller Market?

February 6th, 2018

What's the difference between a Buyer's Market and a Seller's Market? It's important to know the difference especially when it comes to negotiating on a home: 
Buyer’s Market: There are more homes on the market than there are buyers. In this type of market, buyers will spend more time looking for homes due to a larger supply of homes available. Sellers will find that buyers have stronger l ...

Empty Home Documents due Feb 2

February 1st, 2018
Just a reminder!  The deadline for the Empyt Home Documents to be filed to the City of Vancouver is Friday, February 2, 2018.
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