CHANCE TO WIN $10,010 cash
DATE: Thursday January. 25, 2024
TIME: 2:00 pm
LOCATION: JUNO Sales Gallery, #1-13890 104 Ave., Surrey
SIGN UP: https://forms.gle/VaQyZQ7rwyPio7L88
Glitz, Glam & Giveaways
If you haven't already heard, Juno by Qualico StreetSide is having the biggest Realtor Event of the year. Experience the first-ever tower to launch with 10% total deposit - that means your clients can purchase a home for as little as $20K now and $20K later. Not a dollar more until completion in 2028.
Step into the glamour of Hollywood as we transform Surrey's largest Sales Gallery into a red-carpet affair. Indulge in an afternoon of exquisite cocktails, delightful canapés, entertainment, and the chance to win fabulous prizes. Don't miss this exclusive opportunity to discover more about Surrey's hottest pre-sale. RSVP now and be a part of the excitement!
That’s right. $10,010. Cash.
When:
Thursday, January 25th, 2024
Start Time:
2pm
Where:
Juno Sales Gallery
#1-13890 104 Ave, Surrey British Columbia V3T 1W9
Parking:
Valet service
*business card required upon event and giveaway entry
DATE: Friday, February 02, 2024
TIME: 11:30 am
LOCATION: Oakridge Park Gallery | 1067 West Cordova St., Vancouver
Parking validation available for Rogers Tower underground
SIGN UP: https://forms.gle/Gzwg2ajwVnMtxrCj6
As a special ‘thank you’ to the agents of your brokerage, we’d like to offer you a beautiful, easy to use website with a 50% discount for your first year. This includes no set up fees, no contracts, and cancel whenever you want.
*Sold Data available with specific Real Estate Boards
Click here to see more information regarding this exclusive deal for Royal Pacific Realty Realtors.
Mr. Grant Murray will be presenting the PIANO. A standout architectural masterpiece with a curved façade, forming a grand motor court and a secluded courtyard.
DATE: Tuesday January 30, 2024
TIME: 10:30 am – 12:00 pm (complimentary breakfast)
LOCATION: 4750 Kingsway, Burnaby BC
SIGN UP: https://forms.gle/JraS9B8EDo1bFEbQ9
Federal and provincial statutes, the Criminal Code, common law, regulations, rules, standards, and our obligations that come with the REALTOR® Code and Rules of Cooperation have a lot to say about how we conduct ourselves and what we must do in particular situations.
Regulators and the statutes they enforce can be quite prescriptive, meaning they’re very specific about what we’re required to do in certain circumstances; for example, getting a potential client to promptly execute a Disclosure of Representation in Trading Services form and giving a written disclosure to buyers when a material latent property defect has been discovered.
Codes of conduct often aren’t as prescriptive because they’re more general and aspirational. For example, they might state, “We’re REALTORS® and we will conduct ourselves with absolute civility.” This is pretty subjective, with as many shades as there are members.
The problem with prescriptive requirements is they don’t cover all situations, and they sometimes prompt those who are being regulated to look for “workarounds.” Should we, as professionals, be looking for loopholes in our conduct requirements? Or should we act within the requirements and the spirit of those requirements? What do you think?
"Human nature being what it is, there’s no way to create rules and standards covering everything we do. The more rules and standards we have, the more opportunity there is to argue whether they apply in a particular situation and what a workaround might be. That, by the way, is where I spend a lot of time: talking to members about a standard or rule and how it affects them."
We have written standards generally telling us how we should act and what we must do in specific situations.
This brings me to my theme of the glue holding everything together. That’s a phrase that reminds me of suffering through grade 10 physics, with my teacher shaking his head while calling me a great steaming twit (times were different back then). I learned about the things that hold our universe together, which I’ve now forgotten. Maybe it’s gravity. Who knows? I also learned—and then forgot—about the things holding our atoms and molecules together.
You get the point, I hope.
The universe, our bodies, solar systems, and, yes, our profession have a type of glue holding everything together. Each has individual components—planets, atoms, molecules—swirling around, sometimes in isolation and other times colliding.
For us and our profession, it’s the Real Estate Services Act and all the other relevant acts, the BC Financial Services Authority, FINTRAC, and the competition police (to name a few), as well as our Board’s standards: the REALTOR® Code of Ethics, Rules of Cooperation, and the Constitution and Bylaws. All describe how we should behave and what we must do.
These are also the source of a lot of complaints. For example:
“They didn’t tell me there was more than one offer as required by ROC 4.04.”
“The seller accepted an early offer, contrary to ROC 4.02.”
“So-and-so used my photos in their new listing (ROC 3.06(a).”
These examples are only some of the reasons why members complain. Mostly, members complain about how they’ve been treated by other members. The behaviour they expected from a colleague didn’t happen, and they’re miffed about it.
What we expect from others isn’t usually written down and codified. I call that behaviour expected business conduct. It’s similar (and in many respects tied to) the social norms and niceties we expect in a civil society. Expected business conduct like civility doesn’t live in a document or a place on the Internet. It lives in each of us and governs the behaviour we expect from others. When the behaviour matches or is close to what we expect, we’re pleased. When it isn’t, we’re not.
So along with all the laws, rules, and regulations, expected business conduct also binds us together. This is not something that can be codified the way rules are, but your Pledge of Professionalism and the “do unto others, as you would have them do unto you” written into our REALTOR® Code are evidence of expected business conduct. They don’t, and can’t, describe everything, but in general terms, they represent how we ought to behave as members of this profession. And even though they aren’t spelled out for every possible case, I believe most of us have a pretty good idea of how professionals ought to conduct themselves.
"Paying attention to statutes, rules, and codes is the minimum standard we should expect from colleagues. The higher standard is paying attention to all that PLUS being civil, respectful, compassionate, communicative, and yes, knowledgeable. Together, that’s the glue that holds us together."
With the start of a new year, give a few minutes to think about that glue and how important it is to you and your professional experiences. Expected business conduct isn’t optional. It’s as vital to the you and your profession as food, air, and security is to every living thing.
I wish you the best.
Property owners receive their 2024 assessment notices the first week of January, an assessment which reflects the market value as of July 1, 2023.
Assessments remained in a narrow range compared to last year in Greater Vancouver and “most homeowners can expect only modest changes in the range of -5% to +5%,” according to BC Assessment (BCA) Assessor Bryan Murao. “These assessment changes are notably less than previous years,” Murao said.
For detached homes, Belcarra led the way with a nine per cent increase, followed by Burnaby, Coquitlam, and Vancouver, each with four per cent increases.
For strata homes, Richmond led the way with a four per cent increase followed by New Westminster and Port Coquitlam, each with a three per cent increase.
For detached homes, the biggest drop was in Sechelt which saw a six per cent decrease, followed by Gibsons, with a four per cent decrease. Squamish stratas declined two per cent, while Whistler stratas declined one per cent.
For new construction or substantially renovated homes, the estimate is based on the physical condition as of October 31, 2023.
Property owners can also see a property’s assessment using the address on BCA’s website.
Details include a photo, a property description (land and buildings), the total assessed value, the previous year’s value, the legal description and property ID.
If property details are incorrect, property owners are directed to complete and submit an Data Validation Form.
Property owners can also compare neighbouring properties and sample sold properties to decide whether their property has been correctly assessed.
Property owners who disagree with their assessment should do homework by:
comparing their assessment with neighbouring properties; and
contacting BCA at 1-866-825-8322, talking with staff who can make adjustments if there’s an obvious error, for example if BCA included a complete renovation when there was only a spruce-up or an upgrade for plumbing or electrical.
Property owners who decide to appeal their property assessment should review information on the Property Assessment Appeal Board website on how to prepare for an appeal.
Each year less than one per cent of BC property owners appeal their assessments.
Note: you can’t appeal your taxes. You can only appeal your assessment.
For information about BC Assessment and to access e-valueBC visit: www.bcassessment.ca or phone 1‑866-825-8322.
Location | 2023 Typical Assessed Valueas of July 1, 2022 | 2024 Typical Assessed Value as of July 1, 2023 | $ Change | % Change |
|---|---|---|---|---|
Anmore detached | $2,523,000 | $2,544,000 | +$21,000 | +1% |
Bowen Island detached | $1,362,000 | $1,365,000 | +$3,000 | 0% |
Belcarra detached | $1,874,000 | $2,045,000 | +$171,000 | +9% |
Burnaby detached | $1,897,000 | $1,973,000 | +$76,000 | +4% |
Burnaby strata | $721,000 | $731,000 | +10,000 | +1% |
Coquitlam detached | $1,650,000 | $1,722,000 | +$72,000 | +4% |
Coquitlam strata | $712,000 | $720,000 | +8,000 | +1% |
Delta (incl Ladner/Tsawwassen) detached | $1,428,000 | $1,406,000 | -$22,000 | -2% |
Delta strata | $734,000 | $747,000 | +$13,000 | +2% |
Gibsons detached | $982,000 | $939,000 | -$43,000 | -4% |
Maple Ridge detached | $1,203,000 | $1,226,000 | +$23,000 | +2% |
Maple Ridge strata | $648,000 | $658,000 | +$10,000 | +2% |
New Westminster detached | $1,542,000 | $1,567,000 | +$25,000 | +2% |
New Westminster strata | $626,000 | $645,000 | +$19,000 | +3% |
North Vancouver City detached | $1,947,000 | $1,988,000 | +$41,000 | +2% |
North Vancouver City strata | $840,000 | $836,000 | -$4,000 | 0% |
North Vancouver District detached | $2,050,000 | $2,087,000 | +$37,000 | +2% |
North Vancouver District strata | $924,000 | $945,000 | +$21,000 | +2% |
Pemberton detached | $1,332,000 | $1,340,000 | +$8,000 | +1% |
Pitt Meadows detached | $1,293,000 | $1,305,000 | +$12,000 | +1% |
Port Coquitlam detached | $1,347,000 | $1,391,000 | +$44,000 | +3% |
Port Coquitlam strata | $648,000 | $669,000 | +$21,000 | +3% |
Port Moody detached | $1,795,000 | $1,842,000 | +$47,000 | +2% |
Port Moody strata | $826,000 | $826,000 | No change | 0% |
Richmond detached | $1,822,000 | $1,874,000 | +$52,000 | +3% |
Richmond strata | $752,000 | $779,000 | +$27,000 | +4% |
Sechelt detached | $943,000 | $884,000 | -$59,000 | -6% |
Squamish detached | $1,496,000 | $1,475,000 | -$21,000 | -1% |
Squamish strata | $844,000 | $830,000 | -$14,000 | -2% |
Vancouver detached | $2,124,000 | $2,209,000 | +$85,000 | +4% |
Vancouver strata | $804,000 | $807,000 | +$3,000 | 0% |
West Vancouver detached | $3,111,000 | $3,050,000 | -$61,000 | -2% |
West Vancouver strata | $1,390,000 | $1,407,000 | +$17,000 | +1% |
Whistler detached | $2,902,000 | $2,842,000 | +$60,000 | -2% |
Whistler strata | $1,358,000 | $1,349,000 | -$9,000 | -1% |
Source: BC Assessment
Read more about Greater Vancouver assessments.
BCA is a provincial Crown corporation, since 1974 responsible for determining and reporting property value estimates.
Number of properties assessed province-wide: 2,184,692 an increase of one per cent from 2023.
Total value of the 2024 roll is $2.79 trillion, an increase of three per cent from 2023.
Total value of new construction, subdivisions and rezoning: $39.62 billion, an increase of 18+ per cent from the 2023 Roll of $33.52 billion.
For the Lower Mainland region, total assessments increased to nearly $2 trillion in 2024, up from $1.94 trillion in 2023.
$27.2 billion of the Lower Mainland region's updated assessments is from new construction, subdivisions and the rezoning of properties.
Read about Lower Mainland highlights
Property taxation is determined by local and provincial taxing authorities after determining their budget needs and calculating property tax rates based on the assessment roll for their jurisdiction.
Municipalities determine tax rates for each property class in the spring, once the assessment roll is finalized. Changes in assessment over the year don’t automatically translate into the same percentage changes in property taxes for any particular class of property or for any individual property.
Contact BC Assessment
View BC’s 500 highest valued properties.
Starting on January 4, 2024, please start using the updated version of the Privacy Notice and Consent and the Exclusive Listing Contract. These forms have been updated on the Unilife Intranet and in WEBForms.
If you have a previous version saved to your computer, please update with the current version dated JAN 2024.
The Canadian Real Estate Association (CREA) is putting a new policy into effect on January 3 that requires REALTORS® to place their residential listings on the MLS® System within three business days of public marketing, with some exceptions.
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What's considered public marketing?
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What’s exempt?
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What if my seller doesn't want to list on the MLS®?
If your seller decides they don't want to market their listing on the MLS®, you must receive written confirmation of this decision.
This written confirmation from the seller must include a clear instruction not to engage in public marketing of their property, and an acknowledgement that declining to place their property on the MLS® may:
CREA has developed the REALTOR® Cooperation Disclosure and Consent form to help you comply in this situation. This form will be available on WEBForms after January 3.
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Info resourcesOur Rules of Cooperation will also update on January 3 to align with the Realtor Cooperation Policy.
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Background
Elected representatives from real estate boards across Canada, including REBGV, voted to approve CREA's Realtor Cooperation Policy and establish a new Duty to Cooperate into the REALTOR® Code at their AGM in April.
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Secure Your Home Now - 10% Deposit
Thank you to our new homeowners and the West Coquitlam community for being part of Botanica's Building One Release success. To celebrate the New Year and Botanica, you can now take advantage of our reduced deposit structure - and be one step closer to home.
5% NOW | 5% IN 60 DAYS
Only Until Feb 25, 2024
Discover the natural environment of Botanica—a carefully curated living experience designed to fit seamlessly into the vibrant community of West Coquitlam.
ONE BEDROOM + FLEX HOMES FROM 555-605 SF | STARING UNDER $600,000
TWO BEDROOM / + FLEX FROM 808-1,054 SF | STARING UNDER $800,000
THREE BEDROOM / + FLEX FROM 1,053-1,350 SF | STARTING UNDER $950,000
*Pricing Excludes GST
SPECIAL RELEASE OF 1 BEDROOM (Interior 569 SF, Exterior 81-108 SF)
Prices starting at $604,900, 1 parking included
DEPOSIT 10% (Pay 5% at firm, 5% March 31st) PLUS receive $10,000 in credits
DATE : Sunday January 21, 2024
TIME: 2:00 pm – 3:30 pm
LOCATION: 1200 United Blvd., Coquitlam
Sign up: https://forms.gle/miZJ9hX5wpWGZcYY6
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.
©Copyright 2023 Unilife Realty. All rights reserved. | Privacy Policy | Powered by myRealPage
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
