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Jean Sorensen

Jean Sorensen is a contributing writer for REM.

BCREA and REBGV explore amalgamation options

After a failed provincial amalgamation attempt in 2016, the British Columbia Real Estate Association (BCREA) is talking to the Real Estate Board of Greater Vancouver (REBGV) about possible amalgamation.
The first phase of the development will include 103 homes.

Storm Mountain “Foothills” development will add 2,000 residents to Nanaimo area

After more than a decade attempting to get to market, the 1,838-acre Foothills development at Lantzville, B.C. at the mid-point on Vancouver Island now has building lots ready to go.
B.C. Finance Minister Mike de Jong and Premier Christy Clark announce the end of self-regulation for the province’s real estate industry.

How B.C.’s self-regulation failed

B.C. Premier Christy Clark has stripped the Real Estate Council of B.C. of the privilege of self-regulation and a report by the council-appointed Independent Advisory Group (IAG) points to a lack of clout and culture.

British Columbia real estate boards prepare to vote on merger

When the members of the British Columbia Real Estate Association (BCREA) cast a ballot this summer to determine whether to dissolve the association plus its...

Port Alberni: “Worst place to live” is best-kept secret

MoneySense, a personal finance magazine, recently ranked Vancouver Island’s Port Alberni as the worst place to live in Canada. The magazine ranked the town last or near-last for liveability out of more than 200 communities.
Andrew Cimerman (Photo by Marko Shark)

HomeLife wades into international market

HomeLife Realty Services, headquartered in Toronto, is offering territory franchises in foreign countries in a bid to take its brand deeper into the international market.

Safe2Show buddy system aims to keep sales reps safe

Monica Donetti-Ross, who comes from a family of B.C. Realtors, has launched Safe2Show, a service where agents who are Safe2Show members and who feel uncomfortable going to a showing alone can buddy-up with another agent.
Coast Realty Royal LePage

Timing was right for Royal LePage acquisition of Coast Realty

Royal LePage Real Estate Services’ acquisition of the 31-year-old independent Coast Realty Group of offices and property management business, with 150 agents in the central Vancouver Island area, was a matter of perfect timing.

Syndicated mortgages are popular, but use caution

A syndicated mortgage is formed when a number of investors or individuals pool their funds to make a loan to the developer. Each investor in the syndicate is registered on the title of the property.
RED Talks Vancouver

Panelists at RED Talks say Vancouver real estate prices don’t compare internationally

International real estate professionals attending the first Vancouver RED Talks, a series of real estate and development panel discussions, told a crowd of local...