28 InsIde: All About the REIBC! - BC Notaries

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28 InsIde: All About the REIBC! - BC Notaries
Fall 2019 | Volume 28 Number 3

          Published Quarterly by the BC Notaries Association

         28years

   Daniel Boisvert, Susan Antoniali,
   Brenda Southam, Wayne Braid                                Inside: All About the REIBC!

                                                                        Publications Mail Agreement: 40010827
28 InsIde: All About the REIBC! - BC Notaries
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28 InsIde: All About the REIBC! - BC Notaries
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28 InsIde: All About the REIBC! - BC Notaries
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                       P U B L I S H E D BY T H E S O C I E T Y O F N OTA R I E S P U B L I C O F B C

    The Scrivener: What’s in a Name?                                                       4
    PRESIDENT, BC NOTARIES ASSOCIATION
    Advancing Our Professions                                                              6                                   Team BC Notaries “Ride to Conquer Cancer 2019”           30
    Daniel Boisvert                                                                                                             Friends, Feast, and Recognition                           31
    PRESIDENT, THE SOCIETY OF NOTARIES PUBLIC OF BC                                                                             SHOWCASING THE WINNERS
    The Focus is on Real Estate!                                                           7                                   OF THE PRESTIGIOUS DR. BERNARD W. HOETER AWARD
    Rhoda Witherly                                                                                                              Year 2014: BC Notary Daniel Park, Vancouver
    EXECUTIVE DIRECTOR, THE SOCIETY OF NOTARIES PUBLIC OF BC                                                                    Honouring Family Values                                  32
    Change of Seasons                                                                      8                                   Fall Conference 2019                                     34
    John Mayr                                                                                                                   HISTORY WITH HUMOUR
    INTERIM CEO, BC NOTARIES ASSOCIATION                                                                                        Trust Me! I’m a Notary                                   40
    How Time Flies!                                                                        9                                   Professor Peter Zablud
    Wayne Braid
                                                                                                                                BC Notaries Speak Your Language                           41
    KEYNOTE
    Welcome All RI Professionals!                                                        10                                    Services a BC Notary Can Provide                      23, 42
    Val Wilson
                                                                                                www.wildmanphotography.com

                                                                                                                                               Building Better Communities,
                                                                                                                                                   One Grant at a Time

                                                                                                                                Message from The Chair of The Notary Foundation          44
                                                                                                                                Tammy Morin Nakashima
                                                                                                                                The Board of Governors                                   45

       Theme: All About the REIBC!                                                                                              Congratulations Johanne Blenkin, New Director
                                                                                                                                of UVic Access to Justice Centre for Excellence (ACE) 46
                                                                                                                                Dr. Susan Breau
    REIBC Vision, Mission, and Values                                                    12
                                                                                                                                PART OF THE ACCESS TO JUSTICE MOVEMENT
    Education Options for RIs                                                            13                                    Notaries’ Role in Access to Justice in BC                 47
    COVER STORY                                                                                                                 Chief Justice Robert Bauman
    Working Together for the Benefit of All                                              14
                                                                                                                                Announcing the Establishment
    Business to Business                                                                 19                                    of the The Right Honourable Beverley McLachlin
    Education is Everything!                                                            20                                     Access to Justice Fund                                   49
    Rudy Nielsen
    RI VIGNETTES
    Cindy Nesselbeck, Jason Grant
    Daniel John
                                                                                         22
                                                                                         23
                                                                                                                                     The Scrivener: What’s in a Name?
    Judi Whyte, Mandy Hansen                                                            24                                  “A professional penman, a copyist, a scribe . . . a Notary.”
    Mercedes Wong                                                                       25                                  Thus the Oxford English Dictionary describes a Scrivener, the
    Tracy Wall                                                                          26                                  craftsman charged with ensuring that the written affairs of others
                                                                                                                             flow smoothly, seamlessly, and accurately. Where a Scrivener must
    BC NOTARY VIGNETTES                                                                                                     record the files accurately, it’s the Notary whose Seal is bond.
    David Watts                                                                         26
                                                                                                                                  We chose The Scrivener as the name of our magazine to celebrate
    John Eastwood, Tammy Morin Nakashima                                                27
                                                                                                                             the Notary’s role in drafting, communicating, authenticating,
    REIBC                                                                                                                    and getting the facts straight. We strive to publish articles about
    Bev Greene, Senior Vice President,                                                                                       points of law and the Notary profession for the education and
    Property Management for Concert Properties,                                                                              enjoyment of our members, our allied professionals in business,
    Receives George Whyte Award                                                         28                                  and the public in British Columbia.

                                                                                 BC Notaries Association                                                         Volume 28 Number 3 Fall 2019
4
28 InsIde: All About the REIBC! - BC Notaries
THE MiX
    PRIVATE RECIPE
    Italian Plum Cake                                                    29                             Published by
    Laurie Salvador                                                                               the BC Notaries Association
    EDUCATION
    Attend the 9th Canadian Elder Law Conference!                        50
    Krista James, Sara Pon                                                                   Editor-in-Chief   Val Wilson
    COMMUNITY                                                                                Interim CEO	G. W. Wayne Braid
    Uniting the Community through Music                                  52                 Administrative
    Peter Brimacombe                                                                         Assistant		       Christina Tang
    LAND TITLE AND SURVEY AUTHORITY UPDATE
                                                                                             Courier 		Lightspeed Courier & Logistics
    The LTSA Introduces Web Filing to Meet Evolving Business Needs 54
    Carlos MacDonald                                                                         Photographer      Wildman Photography
    Editor’s55
    Letters55                                                                                           The Scrivener
    STRATA MATTERS
                                                                                              email: scrivener@society.notaries.bc.ca
    Don’t Let Your CRT Case Go Up in Smoke – Marijuana Cases             56
    Elaine McCormack
                                                                                              website: www.notaries.bc.ca/scrivener
    GUEST COLUMN: THE ASSOCIATION OF BC LAND SURVEYORS
                                                                                              call:    604 681-4516
    Life as an ABCLS Board Member and an LTSA Employee . . .
    So Many Hats!                                                        60
    Dave Swaile, BCLS, CLS
                                                                                                        Send photographs to
    WILLS AND ESTATES
                                                                                                  scrivener@society.notaries.bc.ca
    Executors’ Remuneration: When Do They Get Nothing?                   62
    Trevor Todd
    MEDIATION                                                                                All rights reserved. Contents may not be
    WorkPeace: Conflict as a Catalyst for Transformation                 65                 reprinted or reproduced without written
    Lori Charvat                                                                             permission from the publisher.
    HISTORY OF BC                                                                            This journal is a forum for discussion,
    Major James Skitt Matthews:                                                              not a medium of official pronouncement.
                                                                                             The BC Notaries Association does not, in any
    The Man Who Saved Vancouver’s History                                66
                                                                                             sense, endorse or accept responsibility
    Ron Hyde
                                                                                             for opinions expressed by contributors.
    THE PROFESSION OF PLANNING
    World Town Planning Day November 8
    and the Role of the Town Planner                                     70
    Michael Geller
    LEADERSHIP
    How to Develop Agile Leadership Skills                               72
    Carla Rieger
                                                                                               CANADA POST: PUBLICATIONS MAIL
    TAXES                                                                                      AGREEMENT No. 40010827
    So-Called Empty Homes Tax and Speculation and Vacancy Tax.
    Do you know the difference?                                          74                   Postage Paid at Vancouver, BC
    Michael Geller                                                                             RETURN UNDELIVERABLE CANADIAN
    TECHNOLOGY                                                                                 ADDRESSES TO CIRCULATION DEPT.
    Fall Tech                                                            76
    Akash Sablok
                                                                                               BC NOTARIES ASSOCIATION
                                                                                               BOX 44
    HONOURS AND EVENTS                                                                         SUITE 700 – 625 HOWE STREET
    PEOPLE78                                                                                  VANCOUVER, BC V6C 2T6
    Where in the World Has The Scrivener Been? 78
                                                                                               SCRIVENER@SOCIETY.NOTARIES.BC.CA

Volume 28 Number 3 Fall 2019                 The Scrivener | www.notaries.bc.ca/scrivener                     TABLE OF CONTENTS            5
28 InsIde: All About the REIBC! - BC Notaries
PRESIDENT,
             BC NOTARIES
             ASSOCIATION
                                                                                      Daniel Boisvert

                                                                                                                                                  www.wildmanphotography.com
                  Advancing Our Professions
                                                                                                                ©iStockphoto.com/avstraliavasin

    I
        had the pleasure of being part of the                              REIBC has been advancing the interest of real estate
                                                                      professionals for over 50 years. In our Cover Story Interview,
        REIBC Cover Story Interview in this issue                     it was great to confirm that REIBC members hold the same
        of The Scrivener.                                             values of honesty and integrity on which BC Notaries have
                                                                      built their strong Tradition of Trust. I look forward to seeing
                                                                      the BC Notaries Association work closely with REIBC and
                                                                      others to enhance our brands.
                                                                          On the advocacy front, I am pleased to report we
                                                                      have made positive progress with Government. It has been
                                                                      recognized that BC Notaries have more to offer in terms of
                                                                      meeting the noncontentious legal needs of the public; the BC
                                                                      Government is committed to exploring that further with us.

                                                                           … BC Notaries have more to offer in terms
                                                                           of meeting the noncontentious legal needs
                                                                         of the public; the BC Government is committed
                                                                                to exploring that further with us.

                                                                          In fact, the Select Standing Committee on Finance and
                                                                      Government Services made a recommendation in its 2020
                                                                      Budget Report to expand the Notary scope of practice in
                                                                      BC. While we still have much work to do to move that along,
                                                                      the recommendation is a great example of what strong
                     Dan, Susan, Brenda, Wayne                        advocacy can do.
        Reflecting on that experience, I confirmed one of my              At our recent BC Notaries Fall Conference in Kelowna,
    long-held beliefs: Not only does our BC Notaries Association      we enjoyed another excellent continuing education program,
    need to be an advocate for our Notary members, we need            high attendance, enthusiasm, and fun. A focus in the
    to advocate for the other associations in our industry.           coming fiscal year for our Board of Directors will be to offer
        We are not alone in the goal of advancing our                 some alternative channels for our members to learn and
    profession. We have a greater chance of success if each           earn education credits.
    association leverages the strengths of the others. The                           I wish to extend my thanks to Wayne Braid
    combined efforts of many advocates operating in the same                         for stepping into the CEO position on
    space are more effective than any one single organization.                       a temporary basis following the departure
        BC Notaries are, of course, real estate professionals.                       of Jacqui Mendes. Wayne has been working
    The people of our province trust BC Notaries to do the                           to advance several important projects,
    majority of the legal conveyancing work necessary when                           including our new website that will launch soon.
    a real property is bought and sold.                               We expect to begin interviews for a new CEO in October. s

                                                         BC Notaries Association                       Volume 28 Number 3 Fall 2019
6        TABLE OF CONTENTS
28 InsIde: All About the REIBC! - BC Notaries
PRESIDENT,
        THE SOCIETY
    OF NOTARIES PUBLIC                                                               Rhoda Witherly
           OF BC

                                                                                                                                               Photo credit: www.lonniewishart.com
            The Focus is on Real Estate!
T
                                                                                                                 ©iStockphoto.com/miroslav_1

     hese are my last musings              price drop was slow to materialize.             It is not yet in effect as the regulations
                                           Prices did finally dip in 2018 but,             are not in place but, once enacted,
     to you as President of The            for many buyers, a single-family home           it will require further disclosure of the
     Society of Notaries Public            was still out of reach.                         details of the principals of corporate
                                                This year, prices have levelled and it     entities who are owners of property.
of BC because the final year
                                           is expected they will rise again in 2020.             Other reports yet to come include
of my term finished at the end                                                             the report of the public inquiry
of September.                                                                              into money laundering, the Cullen
                                                 This year, prices have                    Commission of Inquiry into Money
     How fitting that this edition             levelled and it is expected                 Laundering. Real estate is believed to
features the Real Estate Institute of BC      they will rise again in 2020.                be a favourite parking spot for money
and the work they do in identifying                                                        launderers. The government hopes
issues and looking at real estate trends                                                   the inquiry will shed some light on the
in the industry.                                Has anything happened to address           magnitude of the problem and see
                                           this situation?                                 if there is a link between increasing
     Much of the news in the past 2 to
                                                The BC government began to feel            prices and money laundering activities.
3 years has been dominated by “Real
Estate.” There have been changes in        the pressure of unaffordable housing                 As we enter the fourth quarter
regulations, interest rate changes, and    and lack of affordable rental units             of 2019, it is hard to predict where all
surprises in the real estate industry.     in the Lower Mainland. New legislation          this will lead. There have been some
It seemed that not a week went by          was introduced in the form of the               changes in the market but people
without another prediction about the       Speculation and Vacancy Tax Act.                continue to move to BC, increasing
real estate market and its state, the      The Act is directed at persons or               demand for housing.
announcements of a new “green”             corporations who own residential real
                                                                                            • H
                                                                                               ousing prices and rental rates
housing proposal, new taxes, and new       estate and let it sit empty.
                                                                                              in the Lower Mainland do not
programs all relating to real estate.           The tax applies only in certain               appear to be dropping and are
    Let’s take a look.                     designated areas of the province that              either holding steady or rising
                                           are feeling the housing pressure.                  in other regions of BC.
     Spurred on by ever-increasing         Property owners residing in those
prices in the housing markets across       areas must complete an annual                    • N
                                                                                               ew housing starts and
Canada and increasing consumer             declaration to claim an exemption from             construction of affordable rental
debt, in January of 2018 the federal       paying the tax. The City of Vancouver              units seem unable to keep pace
agency Canada Mortgage and Housing         has also implemented a similar tax                 with the growth in population.
Corporation introduced a “stress test”     with its “Vacancy Tax Bylaw.” It is              • N
                                                                                               ew ideas about housing options
for home buyers looking for mortgages.     hoped that many vacant properties                  and green housing projects are
     Despite the low mortgage rates,       will become available for rental. It’s             still in a beginning stage and not
borrowers had to qualify for their loan    not clear yet if that has happened . . .           yet having an effect on the market.
at a much higher rate of interest.         and affordability remains an issue.                 One thing we do know is that
    The effect was immediate.                   The final shoe-drop was the                as real estate professionals, our jobs
Housing sales slowed across the            introduction of new legislation called          are not going to be static or boring.
country. In BC the bottom dropped          the Land Owner Transparency Act,                Something new will always be on
out of sales but the hoped-for             given royal asset in May of this year.          the horizon. s

Volume 28 Number 3 Fall 2019               The Scrivener | www.notaries.bc.ca/scrivener                  TABLE OF CONTENTS                       7
28 InsIde: All About the REIBC! - BC Notaries
EXECUTIVE DIRECTOR,
            THE SOCIETY
        OF NOTARIES PUBLIC                                                                 John Mayr
               OF BC

                                                                                                                                               www.wildmanphotography.com
                                 Change of Seasons

    T
                                                                                                              ©iStockphoto.com/Macrowildlife

         he arrival of Fall brings             Saskatchewan, and pretty much               of that amount used to fund real
                                               everywhere else in Canada.                  estate purchases in BC. We now look
         the return to school for                                                          forward to the Cullen Commission of
                                                    It was those same teachers
         students young and old                who on principle, after suffering           Inquiry into Money Laundering that will
                                               a provincial law that dismantled their      examine, among other things, money
    and the inevitable shift in the                                                        laundering through real estate.
                                               contract by unilaterally increasing
    housing market.                            class size, appeared in the Supreme              BC Notaries, real estate
                                               Court of Canada to argue the validity       professionals, and mortgage brokers
         To market-watchers, it won’t be       of that provincial statute. The             are all subject to Canada’s Anti-Money
    a surprise that I say this year has been   Supreme Court found the law was             Laundering/Anti-Terrorist Financing
    unlike many others in our history.         not valid and reinstated many of the        legislation. All are required to comply
    While there is some indication the         provisions (including class size) that      with complex legislative requirements
    downward trend in the housing market       the law had changed.                        including keeping detailed records
    is lessening, there are continuing
                                                                                           of business relationships, discovering
    concerns regarding the world-wide
                                                                                           source of funds, and reporting
    economy. It’s an uncertain time with           Few would disagree that                 suspicious transactions.
    a Canadian federal election looming
    and the long runup starting for the
                                                 teachers are an important…                     Lawyers, who are not subject
    US federal election.                             part of our education                 to AML/ATF legislation, are developing
                                                   system, public or private.              their own systems in response to the
         Elections are peculiar times.
                                                                                           scourge of money laundering.
    Whereas parties set out their platforms
    and espouse various broad and global                                                        It’s not just AML/ATF legislation
                                                    The Government in the majority
    policies designed to appease all,                                                      that adds to the burden. Changing
                                               stood by its law while the opposition
    that is rarely the case.                                                               lender requirements, tighter lending
                                               railed against it. Those same teachers
                                                                                           rules, GST, PST, PPTT, and the Land
         I would look to the teachers          were influential in the last provincial
                                                                                           Ownership Transparency registry will
    in this province as an example.            election and now, with the previous
                                                                                           all add to the cost of real estate and
    Few would disagree that teachers           opposition in the majority, find that not
                                                                                           that cost will ultimately be borne by
    are an important—maybe the most            much has changed.
                                                                                           consumers.
    important—part of our education                 Teachers as professionals are not
    system, public or private.                 alone in this predicament. Indeed,              Consumers rely on highly educated
                                               the professionals who work in real          and trained professionals for the sound
        Teachers are the thread that
                                               estate find themselves in a similar         advice they are provide. Regardless of
    binds the fabric of childhood through
                                               situation. In this year alone, the          the profession, those individuals work
    the years of teenage angst to the
                                               German and Maloney Reports set forth        hard every day to benefit their clients
    development of caring contributing
                                               staggering numbers related to money         through the provision of services.
    members of society. In BC, those
    teachers, valuable as they are,            laundering. Maloney found a total of            One thing is for sure . . . the
    are paid less, in fact much less           $46.7 billion was laundered through         change of season will bring us even
    than their counterparts in Alberta,        Canada’s economy with $5.3 billion          more interesting times. s

                                                        BC Notaries Association                       Volume 28 Number 3 Fall 2019
8        TABLE OF CONTENTS
28 InsIde: All About the REIBC! - BC Notaries
INTERIM CEO,
          BC NOTARIES
          ASSOCIATION
                                                                                          Wayne Braid

                                                                                                                                       www.wildmanphotography.com
                                  How Time Flies!
                                                                                                                  ©iStockphoto.com/DNY59

W
        e have all heard                      Much of my day involves speaking                   I am often concerned I may not
                                          with members who most often open                  be as effective as I can be or perhaps
        that old saying                   the conversation with “I am sorry to              I am not responding 110 per cent
        a thousand—                       bother you; I know you are really busy.”          to situations in my work or my home
                                          In my mind, we can never be too                   environment because I am distracted
maybe two thousand—times!                 busy to speak with each other, listen             by my thoughts about the many things
                                          to each other, and offer the advice               that need doing.
     Time moves swiftly forward.
                                          or assistance that is being sought.
Time was said to fly or flee by the                                                              Here is a Wikiquote about
Romans, for whom Tempus fugit was              In today’s connected world,
                                                                                            time management: “Good time
a well-known adage. To paraphrase a       a lot of our conversation takes place
                                                                                            management enables an individual
quote from Chaucer’s The Clerk’s Tale,    via email, Facebook, Messenger, and
                                                                                            to complete more in a shorter period
For though we sleep or wake or roam       texting. Our styles of communication
                                                                                            of time.”
or ride, time flies and for no man will   are getting briefer, perhaps with
it abide. In Ten Khun in 1710, Kaibaka    the expectation that the fewer words                   Initially, time management
Ekken noted, “Time flies as swiftly as    we send, the faster the recipient                 referred only to business or work
an arrow” and today we sometimes say      will respond!                                     activities but the term has expanded
time flies when you’re having fun!                                                          to include personal activities.
    This past weekend at our                       Time has become                          The major suggestions in time-
BC Notaries Association Annual                       a commodity.                           management literature include the
Conference at the beautiful Delta                                                           following steps.
Grand Hotel in Kelowna , that adage             How can we understand
came to me in many ways.                       the issues our colleagues                     •	Create an environment
                                                                                                conducive to effectiveness.
    I am back as the (Interim)                  are putting forth when
CEO of the BC Notaries Association.             we are in such a hurry?                      •	Set priorities.
Away 2 years, I realize time indeed
does fly! Old friends, acquaintances,                                                        •	Reduce time spent
many of our sponsors, and of course           Time has become a commodity.
                                                                                                on nonpriorities.
our Notary members have grown older.      How can we understand the issues
Our Notaries have matured, changed        our colleagues are putting forth when
                                                                                             • Implement goals.
locations, travelled to different         we are in such a hurry?
provinces and other places around              Are we listening less? Getting time              Yes, time does fly. We spend much
the globe, welcomed children and          to slow down so we can listen more                of our time trying to figure out how to
grandchildren, and changed the way        effectively is a real challenge; there            manage the beast and grapple it to the
they practise as a BC Notary.             is just so much to do in a day!                   ground so we will have more time! s

Volume 28 Number 3 Fall 2019              The Scrivener | www.notaries.bc.ca/scrivener                    TABLE OF CONTENTS                  9
28 InsIde: All About the REIBC! - BC Notaries
KEYNOTE
                                                                                          Val Wilson
                                                                                      Editor-in-Chief

                                                                                                                                   www.wildmanphotography.com
                       Welcome All RI Professionals!

 G
        ood business is                                   Ken Sherk, BC Notary                       Input, the colourful
                                                          and RI, West Vancouver                     REIBC magazine
        a team effort put forth                                                                      published three times
                                                              “I have been an
        by people who care                                RI since 2009 and just                     a year, ably fulfills
                                                          received my 10-year                        its mandate to keep
 about doing their jobs well                                                                         members in touch with
                                                          Certificate. I have
 and in harmony with others.               been fortunate to have spent time                         issues affecting the
                                           on the REIBC Board and thoroughly          real estate industry. Its timely articles
      It was a pleasure to interview       enjoyed my experience. The annual          address issues related to appraisal,
 Daniel, Brenda, Susan, and Wayne          luncheons with interesting and             sales, management, finance, and other
 for our Cover Story. They are all         entertaining speakers and the Annual       industry topics. Input is provided to
 successful and seasoned professionals     Golf Tournament are highlight activities   members free of charge. If you are
 who know their respective businesses      each year.                                 not an RI and would like to read the
 and share the values of integrity,                                                   magazine, please visit the REIBC
 collaboration, and hard work.                 “That said, my BEST experience         website. www.reibc.org
                                           has been getting to know and
               Brenda Southam has          associating with REIBC’s Executive                        Mercedes Wong, RI,
               been the Executive          Officer Brenda Southam. Brenda’s                          reminds us of this
               Officer of the Real         wonderful personality and strong                          memorable quote by
               Estate Institute of         leadership skills have helped make                        Warren Buffet: “It takes
               British Columbia            REIBC what it is today!”                                  20 years to build a
               for 12 years.                                                                         reputation and 5 minutes
                Susan Antoniali, RI,                                                                 to ruin it. If you think
                CPM, was awarded “The                                                 about that, you’ll do things differently.”
                                                   “It takes 20 years
                Real Estate Management                                                    This issue also showcases many
                Council Member of the            to build a reputation                photos from the BC Notaries Annual
                Year Award” in 2011.           and 5 minutes to ruin it.              Conference in Kelowna. BC Notaries
                The award is presented         If you think about that,               certainly know how to make continuing
                by the Real Estate                                                    education FUN! s
 Council of Canada to an RI member           you’ll do things differently.”
 who holds the property management                                                      Why Do We Say “BC Notaries”?
 designation and is considered to be
 one of the foremost supporters of the                    Terry Sidhu, BC Notary        People who move to BC are
 Council and its respective designation.                  and RI, Abbotsford            surprised to learn that a Notary
                                                                                        in BC can assist with myriad
     Our theme section includes stories                        “I have been an          noncontentious legal processes
 by RIs who were keen to write about                      RI Member for over            . . . a lot more than simply
 what the RI designation means to                         18 years. It has been         witnessing documents. Please see
 them. Here are vignettes from two                        a great benefit because       page 21 for the list of services
 BC Notaries who are RIs.                  it has allowed me to be more involved        a BC Notary can provide.
 More vignettes follow the Cover Story.    with the real estate community.”

                                                    BC Notaries Association                      Volume 28 Number 3 Fall 2019
10    TABLE OF CONTENTS
REIBC

                     REIBC Vision, Mission, and Values

 A
        n RI is a designated,               WORKING TOGETHER                           The RI Designation:
                                            REIBC works with a variety                 The Mark of a Qualified Professional
        educated, experienced,
                                            of organizations and serves a
        and connected real                  diverse membership of real estate
 estate professional.                       professionals.
                                            We are committed to the following.         REIBC offers the recognized
 The RI designation sets a high                                                        Professional RI designation to real
 professional standard across the            • S
                                                upporting high industry
                                               standards and professional              estate professionals from all sectors
 industry and provides an assurance of                                                 of the industry who meet high
 excellence for clients and consumers.         accreditation
                                                                                       education and experience standards.
                                             • P
                                                romoting standards of excellence
 VISION                                                                                     A Professional RI designation
                                               in business practices
 A real estate sector comprised of                                                     is granted in recognition of the
 professionals operating with the            • F
                                                acilitating ongoing professional
                                                                                       achievement of rigorous standards
 highest standards of integrity and            education
                                                                                       of education and experience that
 expertise                                   • C
                                                ollaborating with industry leaders    guarantee a high standard of real
                                               and educators                           estate knowledge. Only individuals who
 MISSION
                                             • C
                                                ontributing to provincial and         have met specific qualifications can
 To promote our diverse RI-designated                                                  attain the RI designation and become
 members as distinguished                      municipal land policies and
                                               programs                                Professional members of the REIBC.
 professionals who are trusted,
 educated, and experienced                   • P
                                                roviding an objective perspective     REIBC Professional members can be
                                               through independent research            found working in all sectors of real
 VALUES                                                                                estate and the business community
     • Integrity                                                                      including the following.
        Trustworthy professionals who are
        honest, reliable, respectful, and      REIBC works with a variety               • Sales and Leasing
        always above reproach                  of organizations and serves              • Investment and Finance
     • E xpertise                                a diverse membership                  • Project and Land Development
        Continuous improvement of
        the depth and breadth of the
                                               of real estate professionals.            • Property and Strata Management
        knowledge of our members                                                        • Appraisal and Assessment
     • D
        iversity                                                                       • Real Estate Consulting
                                            Our Unique Role
       Professional, cultural, and
                                            REIBC plays a unique role as the            • Notarial and other legal services
       geographic
                                            only professional organization whose        • Industry Education
     • T ransparency                       members come from every segment
        Proactive, open and honest          of the real estate community. We           Use an RI the next time you are
        communication                       bring together a diverse membership        looking for one of these professionals.
     • C
        ommunity                           of industry professionals across seven      • Acquisition Manager
       Collaborative mindset that fosters   provincial districts, offering special
                                                                                        • Administrator
       interaction, growth, and increased   benefits for our Professional, Associate
       professional expertise               and Nominee members.                        • Analyst

                                                     BC Notaries Association                       Volume 28 Number 3 Fall 2019
12       TABLE OF CONTENTS
REIBC

 • Appraiser – ICI
 • Appraiser – Residential
 • Arbitrator
 • Architect
                                            Education Options for RIs

                                                                                                                                 ©iStockphoto.com/Elenathewise
 • Assessment
 • Asset Manager
 • Association Executive
 • BC Notary
 • B
    anking – Loans officer, credit
   analyst, retail mortgage banker
 • Construction Manager                • U
                                          BC, Bachelor of Commerce                      The BCIT Marketing Management
                                         with a Major in Real Estate                 Diploma, Professional Real Estate
 • Consultant                                                                       Option, qualifies for the RI designation,
                                       • U
                                          BC, Diploma in Urban Land
 • Developer                                                                         as well. This 2-year classroom-based
                                         Economics
 • Engineer                                                                          program challenges students to solve
                                       • UBC, Bachelor of Business                  problems encountered in real world
 • Financier                              in Real Estate                             scenarios.
 • Lawyer                              • B
                                          CIT, Marketing Management                     Two years ago, the REIBC was
 • Leasing                               (Professional Real Estate Option)           pleased to qualify graduates from the
                                         Diploma                                     Diploma in Real Estate at Langara
 • Manager
                                                                                     College for an RI designation, providing
 • Mortgage Broker                     • U
                                          BC, Post-Graduate Certificate
                                                                                     graduates meet the program’s work-
                                         in Real Property Valuation (PGCV)
 • Portfolio Manager                                                                 experience qualifications.
                                       • L
                                          angara College, Diploma
 • Project Manager                       in Real Estate
 • Property Manager
                                                                                             Professionals can
                                       • R
                                          yerson University,                               qualify to become
 • Property Negotiator                   Real Estate Management
                                                                                        an RI in a number of ways.
 • Property Tax Consultant             • U
                                          niversity of Guelph,
 • Real Estate Education                 Real Estate and Housing (REH)
                                                                                         In addition to the above programs,
 • Reserve Fund Planner                   Professionals can qualify to               future RIs come from qualifying
                                      become an RI in a number of ways.              programs at the University of Guelph,
 • Sales – ICI
                                      The most longstanding of all the               Ryerson University, and the University
 • Sales – Residential                qualifying programs is the Diploma             of Calgary.
 • Strata Property Manager            in Urban Land Economics (DULE)
                                      from UBC.                                           For those without specific
 • Student                                                                           real-estate-program education, an
                                          The DULE consists of a                     executive entrance stream is available.
Our Services                          comprehensive core component as                Applicants provide specific information
 • RI Designation                     well as five specializations including         to the Institute regarding their related
 • Input Magazine                     Real Property Assessment, Appraisal,           real estate work including duration
                                      Real Estate Management, Real Estate            of experience and responsibility and
 • Student Mentoring                  Development, and Brokerage.                    supervisory levels.
 • REIBC eNews
                                           The DULE is delivered online and               Each case is reviewed by the
 • Weekly Bulletin                    is designed for busy adult learners.           REIBC Governors for acceptance.
 • Career Opportunities               The program can be completed in                If the Governors find the qualifications
                                      as little as two semesters or can be           suitable, applicants are invited to
 • Insight: REIBC blog                extended over a number of years to             attend a qualification interview
 • Members Seeking Employment s       match the individual learner’s needs.          before a decision is made. s

Volume 28 Number 3 Fall 2019         The Scrivener | www.notaries.bc.ca/scrivener                  TABLE OF CONTENTS           13
COVER STORY

      Working Together for the Benefit of All
                                                                                                          www.wildmanphotography.com
                                                   Dan, Susan, Brenda, and Wayne

                                                   By the early ‘80s, to become an    plus associate members and nominee
     • D
        aniel Boisvert is President          RI you still needed the Urban Land      members. About 850 all together
       of the BC Notaries Association.        Economics diploma that now includes     . . . and some honourary members,
                                              five different specialties. REALTORS®   of course.
     •	Susan Antoniali is President          do not need to be an RI to get a real
        of the Real Estate Institute of BC.                                           THE SCRIVENER: Does your
                                              estate licence.
                                                                                      membership number remain constant?
     •  B renda Southam is Executive
                                                                                      BRENDA: Over the last 5 years, it has.
          Officer of the Real Estate               REIBC offers frequent              And as with every other “association”
          Institute of BC.
                                                  online education sessions           today, we are working hard to bring in
                                                                                      new people to become engaged
     • W
        ayne Braid is Interim CEO                   to help keep people              in the organization and with our diverse
       of the BC Notaries Association.              stay on top of what's             real estate professional members.
                                                  happening in real estate.           THE SCRIVENER: Please tell us about
     Recorded August 2019,
     In Conversation with Val Wilson,                                                 your RI education program.
     Editor-in-Chief of The Scrivener         WAYNE: The Urban Land Economics         BRENDA: UBC runs the Urban Land
                                              part of the program is still running    Economics program that takes
                                              at UBC. Some of our BC Notaries         anywhere from 2 or more years to
 THE SCRIVENER: Brenda, when did
                                              have qualified for the RI designation   complete. REIBC offers frequent online
 REIBC start up and why?
                                              because they have taken the Urban       education sessions to help people stay
               BRENDA: REIBC was              Land program at UBC.                    on top of what's happening in real
               started in 1962 as a
                                                            THE SCRIVENER:            estate. REIBC provides education and
               way for people, mainly
                                                            How many RI members       industry update webinars during the
               REALTORS®, to acquire
                                                            do you have?              year; this year there were 10.
               more education for their
               licensing requirements.                     BRENDA: It's a                Eighty to 90 per cent of our
               Individuals became RIs                      small community            members are completing continuing
 when they took the Urban Land                             of professionals           education because that's who they are.
 Economics diploma from UBC.                  with about 650 professional members     They like to stay sharp and current.

                                                       BC Notaries Association                  Volume 28 Number 3 Fall 2019
14      TABLE OF CONTENTS
THE SCRIVENER: Daniel, the                  Some other organizations in our                 province, about 380 are members
BC Notaries Association was formed          province still have not made that               of the BC Notaries Association.
recently. Why is it now a separate          separation.
                                                                                            THE SCRIVENER: Susan, you have been
organization from The Society               THE SCRIVENER: How many                         President of the REIBC since July 1,
of Notaries Public of BC?                   commissioned BC Notaries are there              2019. How’s it going so far?
                DANIEL: There is a trend    now?
                                                                                            SUSAN: I've been on the REIBC
                in government to want       DANIEL: We are still a very small               Board for a number of years. I'm
                to see advocacy for an      organization but have just surpassed            looking forward to working with the
                organization’s members      the 400-member mark!                            11 Governors on our Board to do
                separated from the
                                            THE SCRIVENER: That's great!                    strategic planning and implementation
                organization’s
                                                                                            and working with our membership
                self-regulatory
                                                                                            participation over the next year.
responsibility for public protection.
With two separate organizations,
                                                   Of the 400 qualified                     THE SCRIVENER: Do you have specific
the possibility of conflict of interest                BC Notaries                          ideas in mind for change?
is negated. It makes good sense                      in our province,                                       SUSAN: We will continue
to have the advocacy focus on our
Association side and the regulatory
                                                      about 380 are                                         to bring more
                                                                                                            membership value
focus with The Society of Notaries                   members of the
                                                                                                            to the community, plus
Public of BC, so neither is impeded              BC Notaries Association.                                   ongoing relevant
by the other.
                                                                                                            education and industry
               WAYNE: Some of the           WAYNE: Yes, it is great. When your                              trends and research.
               background for that          organization is working to grow                 RIs are not all in the same business
               comes from a report          its membership, bringing in more                or primary disciplines but they do
               from the office of the       members is certainly a good thing.              share the same designation.
               Ombudsperson that            Every year, over 1200 people enquire            That provides great networking support
               advocacy and regulatory      about becoming a BC Notary. Of the              for information and business
               needed to be separated.      400 qualified BC Notaries in our                opportunities.

                                            2019 – 2020 REIBC Board of Governors
             Back row from left: Edwin Kwok Yu Yan, Doug Page, Geoff Radtke, Sean McGinnis, Mona Murray, Umesh Chand
             Front row from left: Cindy Nesselbeck, Susan Antoniali, Daniel John, Keith MacLean-Talbot
             Missing: Valeria Lifanova, Clayton Olson

Volume 28 Number 3 Fall 2019                The Scrivener | www.notaries.bc.ca/scrivener                 TABLE OF CONTENTS         15
THE SCRIVENER: Please tell us more          THE SCRIVENER: Were you able to help               For the past 4 years, I have been
 about the diversity of careers within       make changes for homeless people              Managing the Real Estate Services
 the RI designation.                         in the City of Vancouver?                     for the City of North Vancouver.
                                             SUSAN: From 2008 for a number                 We manage all the civic properties and
 SUSAN: Our RI members are at                                                              assets. My responsibilities also include
 various levels of their careers. We         of years, I was a leader in providing
                                             the City of Vancouver with emergency          real estate transactions, property
 have members from one-on-one                                                              management, parking management,
 specialized services, technical             shelters during extreme weather
                                             incidents. Sites were chosen for              security, and other opportunities.
 advisors, businessowners, and
 government employees. They include          the demographics of the need                       When I worked for the City of
 and are not limited to BC Notaries,         and the need changed each year.               Vancouver, I don't remember seeing
 tax consultants, appraisers,                The work was to turn the opportunity          any citizen pick up garbage from the
 investment firm owners, chartered           of generally vacant warehouses into           street. In North Vancouver, many
 accountants, land surveyors, lawyers,       warm and functional shelters in               people walk toward a piece of garbage
 assessors, consultants, commercial          less than 1 month. That included              on the street, pick it up, and put it into
 brokers, mortgage brokers, sales            abatement, permits, construction,             a street container. People hold doors
 asset managers, project and land            provincial agencies, nonprofit                open for each other, complete with
 developers, property managers,              providers, and health, fire, and              “thank you” and a smile.
 engineers, and architects.                  final licensing signoffs.
                                                                                           THE SCRIVENER: What’s new in the
 THE SCRIVENER: Please tell us more               It was rewarding because the             Lower Lonsdale area?
 about your own career, Susan.               initiative sheltered up to 160 people
                                             from the cold. The third year, the            SUSAN: The City of North Vancouver
 SUSAN: I served 38 years at the City        contracting company we used was               has recently opened “The Shipyard
 of Vancouver. In 2014 I completed           comprised of a number of shelter              Common” on Lower Lonsdale.
 my 19th job journey as the Manager          users from the first year. It was             It is very exciting for the people
 of Property Management and Business         something special to see and the              in the area. The amenities include
 Operations.                                 operation was a success.                      a public spray park in the Summer

                                   “The Shipyard Commons” at the foot of Lonsdale, North Vancouver

                                                        BC Notaries Association                       Volume 28 Number 3 Fall 2019
16    TABLE OF CONTENTS
that converts into a public skating       THE SCRIVENER: Dan, how would you               enjoyed the services of that particular
venue in the Winter. There is             compare the BC Notaries Association             Notary over the years.
also the Seaside Boutique Hotel,          with the REIBC?
                                                                                          WAYNE: Our surveys support that.
85,000 feet of commercial space,          DANIEL: I see the synergy of values             Multigenerational clients are part
a satellite campus for Capilano           between our two organizations.                  of the Notary brand. I would say it’s
University, and 140 public parking        Members of both groups are educated             part of the RI brand, too. BC Notaries
stalls. Now added to the original Pipe    and experienced and we all have                 are traditionally accessible in their
Shop venue are the Tap & Barrel,          integrity. When the two brands                  communities. For example, with Dan's
the Polygon Art Gallery, and the          come together, really one brand                 office, people can walk in off the
new North Vancouver Museum of             is supporting the other because                 street and most times probably get
Archives featuring “Street Car #153.”     both brands have the same value                 to see him right away.
Public parking has been reinstated.       system. If my clients see value in the
                                                                                          THE SCRIVENER: Susan, are your RIs
                THE SCRIVENER:            RI designation and I'm an RI member
                                                                                          mostly sole proprietors?
                What a fantastic          and a Notary Public, then I'm giving
                development! Brenda,      that client even more confidence in                            SUSAN: We're about
                I noticed that on the     believing he or she has chosen the                             50/50 right now . . .
                REIBC website, the        right professional.                                            RIs are self-employed
                word “integrity” shows                                                                   in corporate business
                up often. Your members                                                                   or may work for various
                                                A lawyer friend once                                     government agencies.
are a very professional group indeed,
with integrity.                               defined integrity as doing                                 We have been
WAYNE: A lawyer friend once defined             the right thing when                      successful in promoting the RI
                                                                                          designation to a number of employers.
integrity as doing the right thing when           nobody's looking.
nobody's looking.                                                                                          WAYNE: As one of the
                                                                                                           speakers at the recent
THE SCRIVENER: And it feels very          WAYNE: When the public is looking
                                                                                                           2019 BC Land Summit,
good to do the right thing.               at a BC Notary and that Notary also
                                                                                                           I was quite astounded
SUSAN: Recently, a couple of ladies       has an RI designation, they see
                                                                                                           following my
asked me to sit down with them            added value that took discipline and
                                                                                                           presentation on the
at North Van City Hall. “We just          a significant investment of time and
                                                                                                           Torrens system of land
want to thank you for having young,       money to achieve. You know what
                                                                                          registration . . . a difficult subject,
intelligent people working at our         they've gone through to acquire
                                                                                          based on the number of people who
City Hall. We're just so thankful,”       those professional designations.
                                                                                          came up to talk to me and ask
they told me. I mention that moment       BC Notaries and RIs are likeminded
                                                                                          questions; there was a lineup afterward.
because in all my career, I've never      people who want to show the public
heard appreciation for courtesy           they are interested in their profession.             Do you know who they were?
expressed like that.                      It's a career, not just a job.                  They were city planners and
                                                                                          development officers from various
WAYNE: Yes. It's good to know that                        DANIEL: In some
                                                                                          levels of business. They'd never
people like being part of a process                       respects, we
                                                                                          heard about Torrens. There were
when it is done well.                                     BC Notaries still
                                                                                          also a number of staff there from
                                                          struggle to have the
THE SCRIVENER: Brenda, how does                                                           some Government Ministries
                                                          public fully understand
your brand generate public confidence                                                     who had questions and provided
                                                          all the services we can
so people will choose to do business                                                      some information regarding their
                                                          provide professionally.
with an RI?                                                                               various work focus involving Crown
                                          It’s the BC Notaries Association’s job
                                                                                          Lands. Someone from Hydro said,
               BRENDA: The RI             to deliver that message. That is also
                                                                                          “You need to come talk to our staff.”
               designation brand          the benefit of aligning ourselves with
                                                                                          Quite a number of academic clients
               is very rounded and        other organizations like the REIBC.
                                                                                          were in attendance.
               encompassing and           Together, we get the message out.
               it embraces a lot                                                          SUSAN: The Land Summit in
                                          BRENDA: Another shared quality
               of people. We work                                                         May was very successful with
                                          between our two organizations is trust.
               on our brand every day                                                     over 800 delegates attending.
because it's so important to us.          DANIEL: Absolutely. BC Notaries have            It brought together the five member
We let people know our members            built a longstanding Tradition of Trust.        organizations of the BC Land Summit
are designated, educated, and             And they care. They often have                  Society—The BC Association of
experienced. We talk about what           first-time homebuyer clients in their           the Appraisal Institute of Canada,
an RI is and why new people               twenties whose parents, grandparents,           The British Columbia Institute of
would like to be an RI.                   and other family members who have               Agrologists, The British Columbia

Volume 28 Number 3 Fall 2019              The Scrivener | www.notaries.bc.ca/scrivener                  TABLE OF CONTENTS           17
It brought together RIs who haven’t        Social Purpose. We’ve never had so
            The other story is                seen each other for a bit. The             much feedback from a topic! The
     I've read every issue of your            camaraderie was outstanding to see.        response was unbelievable!
       magazine [The Scrivener]               WAYNE: Cool!                               WAYNE: And it's not just the members
                                                                                         of our own associations who are
       since 1993, cover to cover.            SUSAN: I have two Notary stories
                                                                                         reading our publications. We distribute
                                              to tell you. A few times I have heard
       I find it really interesting.                                                     over 10,000 copies of The Scrivener
                                              that when people go to sell their
                                              homestead, they think the Notaries         each quarter and there are only
                                              take the whole fee of the real estate      400 Notaries.
 Society of Landscape Architects,
 The Planning Institute of British            transaction. They don’t realize the real        One of the offerings from REIBC
 Columbia, and The Real Estate                estate transaction includes other fees     that I saw and liked . . . and Brenda
 Institute of British Columbia. Those         such as REALTOR® fees, property tax        will correct me if I don't thank her
 organizations work to foster and             adjustments, and legal-document fee        properly . . . was the self-evaluation
 support multidisciplinary relationships      adjustments.                               program you put together about
 and enhance innovative programming                                                      an RI’s competency in his or her
                                                   The other story is I've read
 for future conferences.                                                                 particular profession.
                                              every issue of your magazine since
                  BRENDA: We have an          1993, cover to cover. I find it really     BRENDA: The Competency Model.
                  online session next         interesting.                               REIBC past president Charles
                  week that I am really                                                  Johnstone was the driving force on
                                              THE SCRIVENER: Thank you!
                  excited about.                                                         that one. It was a really good program.
                  Immigration lawyer                                                                    SUSAN: More recently,
                  Richard Kurland will talk         I once chose a lawyer                               Brenda did an awesome
                  about the unrest in             from reading his articles                             job with the Strata
 Hong Kong and the people living in                                                                     Council Governance
 Hong Kong who are holding Canadian                about Wills and Estates
                                                                                                        online course.
 passports . . . about 300,000 people;          in The Scrivener. He worked
 many have ties with BC. So what                                                                         WAYNE: Strata
                                                 very fast and professionally                            governance is
 happens if they all come home?
 It's a very interesting topic.                     for me and my family.                important, but unfortunately it may go
                                                                                         against people's primal human instinct
      Those are the kinds of timely                                                      . . . to get what they want.
 things we like to do for our members         SUSAN: I once chose a lawyer from
 to keep them on top of what’s                reading his articles about Wills and                     DANIEL: Strata councils
 happening. Some people might say             Estates in The Scrivener. He worked                       are generally made up
 that's not a real estate thing, but it is.   very fast and professionally for me                       of lay people. Providing
 If 300,000 people come home, it's a          and my family.                                            education on strata
 real estate issue in this city, for sure.        Listening to our story, the lawyer                    governance and strata
                                              decided that a strongly worded letter                     legislation can be very
                WAYNE: Susan, how                                                                       helpful in assisting
                would the City of North       with a 24-hour deadline would be
                                              the plan. It would either send us to       those bodies to better serve the strata
                Vancouver handle that                                                    owners.
                huge influx of people?        a quick resolution or to a 2-to-3-year
                Where are you going           legal battle. The letter was the right     BRENDA: Strata governance is about
                to put them? They can         thing to do and it saved thousands         the whole, not just the individual.
                go to Sidney. We have         of dollars. For a small fee, the law       That’s the challenge. I love
 over 300 new condos coming on the            firm provided an intelligent letter and    governance.
 market within the next 18 months.            closed all the issues that would have
                                              taken years in Court.                      WAYNE: It is important to note
 (LAUGHTER).                                                                             that social purpose is entering our
 THE SCRIVENER: What else is                  WAYNE: Wow. All because of our             marketplace. Real estate is turning
 happening at the REIBC, Susan?               magazine. There you go, Val.               itself around to realize there must be
                                                             THE SCRIVENER: That’s       some sort of positive social purpose
 SUSAN: We also want to tie our
                                                             wonderful! (LAUGHTER)       involved.
 actions into the community and have
 RI members even more involved.                            BRENDA: The Scrivener              RIs and BC Notaries are valuable
 Recently we had the opportunity                           and Input magazines           resources in our communities.
 to host a private tour of the TransLink                   are powerful vehicles for     We must stay focused on how
 network. Due to security restrictions,                    education and change.         we can do the very best job and
 it was limited to 15 members; the            The Summer edition of Input magazine       we must understand our purpose
 tour sold out in an hour.                    was focused on Social Housing and          for doing it. s

                                                        BC Notaries Association                    Volume 28 Number 3 Fall 2019
18     TABLE OF CONTENTS
BUSINESS TO BUSINESS
                         Margot R.
                        Rutherford*
                             Notary Public                                                                           “Knowledgeable and Capable”
                           A Member of The Society                                                                         604-538-3388
                     of Notaries Public of British Columbia                                                              CammackHepner.ca
                       *Denotes Professional Notarial Corporation                                                        #106 – 1656 Martin Drive,
                      981 Fitzgerald Avenue, Courtenay, BC V9N 2R6                             Roy Cammack                 Surrey, BC V4A 6E7                Gordon G. Hepner
                                                                                               MBA, CSA, Notary Public                                     MA(ALS), Notary Public
 Tel: 250 338-6251       Fax: 250 338-5337          email: mrrutherford-notary@shaw.ca         roy@CammackHepner.ca                                   gordon@CammackHepner.ca

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                                                                                                for thousands of British Columbians.
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                                               Suite 230, 8911 Beckwith Road
   Alex Ning                                   Richmond, BC Canada V6X 1V4
   Notary Public, Mediator,                            Email: alex@annc.ca                                                      Coast Mental Health Foundation
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   Immigration & Refugee Counsel                         Fax: 604 270-4751
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Volume 28 Number 3 Fall 2019                                       The Scrivener | www.notaries.bc.ca/scrivener                            TABLE OF CONTENTS                       19
THEME

                                                                                                           Rudy Nielsen

                    Education is Everything!
 I
      first got my real estate               As I was selling real estate,         the RI course and drop the ACI course.
                                         I made sure I had enough time to take     Once I achieved my RI certification,
     licence in 1964 at the age                                                    I was well on my way to success with
                                         both my RI and Nominee Certificates
     of 24.                              and received both in 1972. To this        experience, education, and motivation!
                                         day, I find myself very fortunate to be        In my 47 years of consulting
     In those days, it wasn’t common     a professional RI.                        and appraising, my RI designation
 be a real estate agent at a young age                                             qualifications have always been well
 because most REALTORS® were a lot                                                 accepted and respected by my clients.
 older and more established. Despite              In my 47 years                   Throughout the years, I have had the
 that, I never gave up; the situation
                                           of consulting and appraising,           pleasure of appraising large properties
 provided me even more determination                                               including the largest ranch in BC;
 to be successful.                               my RI designation                 a number of food-chain development
      My father was a trapper-turned-
                                            qualifications have always             sites; high-rise apartment buildings;
 businessman in Northern BC and               been well accepted and               a great number of ranches, resorts,
 I always knew I wanted to be in the                                               and recreational properties; and
                                              respected by my clients.             potential subdivision properties.
 real estate business, too, as it were
 made for me. I worked very hard in                                                     My first job out of high school was
 the first few years, saving up some         I initially enrolled in the           cruising timber for BC Forestry so I can
 cash so I could slow down and           ACI program as well, but after a          appraise a lot of recreational properties
 take courses because I always felt      disagreement on allowing depreciation     for subdivisions and for potential
 I needed more education.                on apartment blocks, I chose to stay on   revenue of timber on the property.

                                                  BC Notaries Association                    Volume 28 Number 3 Fall 2019
20    TABLE OF CONTENTS
In 1971 I started Yellowhead                                                                                               contains detailed information on every
Realty and by 1976, had 6 offices with                                                                                         residential property in BC. Our cutting-
70 employees. In 1981, with interest                                                                                           edge technologies provide lenders and
rates as high at 22 per cent, the big                                                                                          financial institutions and real estate
crash hit. I lost a lot of money and had                                                                                       professionals the ability to make
to make a deal with my creditors in                                                                                            decisions more efficiently, with
Prince George that I would pay them                                                                                            increased accuracy and reduced risk.
back $1.8 million in 4 years.                                                                                                      While most Automated Valuation
    Because Prince George was                                                                                                  Models use only multiple regression
experiencing such desperate                                                                                                    or variations of regression to provide
conditions, I had to move to Vancouver                                                                                         market estimates, Landcor Data

                                                                                          ©iStockphoto.com/Siegfried Schnepf
to be able to keep up my commitment                                                                                            Corporation’s analytical AVM tools
because of its larger market. Here my                                                                                          use both multiple regression and
RI certification saved me because for                                                                                          state-of-the-art algorithms to estimate
cash flow, I was now doing residential                                                                                         current market value.
appraisals again. I worked hard and                                                                                                 Landcor’s AVM starts with hedonic
appraised a number of properties                                                                                               regression that takes a broad look at
throughout downtown Vancouver;                                                                                                 comparability. It defines sales as being
that enabled me to pay my rent and                                                                                             similar and recent if they took place
                                               Grand Trunk Bridge, Prince George
groceries and saved me from personal                                                                                           in a similar region, have sold recently,
bankruptcy.                                                                                                                    and are a similar property type.
     In 1982 I was asked to appraise               In the late ‘90s, my                                                        The formula then calculates statistical
260 properties, cruise and determine              knowledge and skills                                                         weights and derives a market value
timber values, and determine                      and, most important,                                                         indexed against recent sales prices
subdivision potential. After the                                                                                               of similar properties. Considering
appraisal was complete and because              my RI Designation, took                                                        market conditions and neighbourhood
I was a licensed REALTOR®, they                  me on a different path                                                        trends, Landcor’s Property Valuator™
asked me to find a buyer, which                 of appraising properties.                                                      tool provides property values that are
I did. That earned me the largest                                                                                              updated to the day you order a report.
commission I had ever made in the                                                                                                   An independent review of our
real estate business. The appraisal        and put a value on an entire town.                                                  AVM came back with a very favourable
took me 3 months to complete using         I was given 60 days to appraise the                                                 response on its performance and
helicopters, float planes, and trucks.     town and to sell it. Not only did I have                                            that we are one of the best in North
                                           to come up with a full appraisal, but                                               America.
    If it weren’t for my RI Designation,
                                           a full marketing plan, too. After the
I can honestly say I would have                                                                                                    Not only does Landcor provide
                                           appraisal, I launched a marketing plan
declared bankruptcy. I couldn’t let                                                                                            current valuations, we offer our
                                           across Canada, targeting the media
down the people from whom I had                                                                                                Historic Property ValuatorTM that
                                           with newspaper ads, TV, and radio.
borrowed money or I owed money                                                                                                 provides previous residential
                                           The marketing plan found a buyer
to so my education is what gave me                                                                                             valuations, by month and year, going
                                           and I teamed up with one of my
a way out. In fact, I was able to pay                                                                                          back as far as 2006.
                                           REALTORS® at LandQuest and we
back my debts in 2 years instead
                                           were successful at putting together                                                      Over the years, not only have
of my 4-year plan.
                                           a successful sale.                                                                  we built one of the best formulas for
     In 1983 I started buying                                                                                                  providing valuations, we have added all
                                               In the late ‘90s, my knowledge
recreational properties myself and                                                                                             real estate documents, including title
                                           and skills and, most important, my
within 10 years, I did 700 deals                                                                                               searches, tax certificates, documents,
                                           RI Designation, took me on a different
and owned 450 properties. I did                                                                                                and plans, etc., to our online store
                                           path of appraising properties.
that by using a system I developed                                                                                             so you don’t have to visit multiple
called F.R.E.D. (Finding Real Estate           In 1998, I was approached by
                                                                                                                               websites to find what you need.
Deals) and created my cash flow            BC Assessment and asked to develop
by selectively harvesting timber and       an automated method to value and                                                          Today, with all my education,
developing waterfront subdivisions         analyze properties, so I formed one                                                 experience, and determination,
of 5 to 10 acre lots. I also bought and    of Canada’s top-tier online Automated                                               I still have that passion and desire
subdivided four ghost towns and sold       Valuation Model (AVM) for real estate                                               to learn and be innovative and am
those lots.                                data analysis and valuation: Landcor                                                still consulting on large projects. s
                                           Data Corporation!                                                                   Rudy Nielsen, RI, FRI, is President
    One of my most difficult
appraisals that always stands out with        Through licensing with                                                           and Founder of the NIHO Group
me is when I was asked to appraise         BC Assessment, Landcor’s database                                                   of Companies.

Volume 28 Number 3 Fall 2019              The Scrivener | www.notaries.bc.ca/scrivener                                                       TABLE OF CONTENTS          21
RI VIGNETTES

       Cindy Nesselbeck, RI,                                                   Jason Grant, RI,
       Land Consultant specializing in Land Transactions                       President & CEO, BC Assessment Authority
       for Local Governments
                                                                                                        From the very
                                I chose to pursue the                                                   beginning of
                                RI designation in 1990                                                  my career,
                                after completing the Urban                                              membership
                                Land Economics program                                                  with the REIBC
                                through UBC because the                                                 allowed me to
                                designation reflects my                                                 make critical
                                personal commitment                                                     business
                                to professionalism, integrity,                                          connections
                                and knowledge in the pursuit                                            and facilitated
                                of a rewarding career.                         valuable mentorships; it helped me
       The real estate industry is comprised of many different                 effectively navigate a complex industry.
       sectors . . . valuation, finance, trading, development,
                                                                               Those connections and friendships endure
       servicing, management, and so on. There are thousands
                                                                               to this day, along with the credibility and
       of people in British Columbia who are involved in that
                                                                               opportunity the RI designation has always
       marketplace. The RI designation assures clients and
                                                                               provided.
       associates of the highest standards of education and
       experience.                                                                  A regular attendee at RI-sponsored
            The Real Estate Institute of BC is an advocate                     educational events, I was always able to
       for education within the real estate industry and                       complement my on-the-job learning with
       continuously presents information on issues affecting                   relevant and timely education opportunities.
       its members. As a professional member of the REIBC,                     At those same events, connecting with
       I stay informed and current on a wide range of real                     other real estate professionals to discuss
       estate matters that affect my work. From webinars on                    common business issues proved invaluable.
       timely topics to research papers that explore policies,                     Volunteering as a Chapter Director
       the REIBC is a great resource to stay up-to-date on                     and eventually as a Governor with
       matters affecting the industry.                                         REIBC provided me a window into the
            The REIBC also hosts many events throughout                        excellence in Board governance that has
       the year that provide great opportunities to meet                       directly benefitted my career. The unique
       and connect with other professionals who represent                      experience I gained while working in those
       excellence and competency in their chosen field.                        volunteer positions and ultimately as
       Whether I’m attending local events on Vancouver Island                  President of the REIBC prepared me for
       or larger provincial events on the Mainland, it’s always                career promotional opportunities.
       a pleasure to join colleagues for interesting                                Those roles also allowed me to give
       presentations and engaging conversations.                               back to an organization that has benefitted
           Over the past 29 years, I have served on both                       me so much personally and permitted me
       the Victoria and Nanaimo Chapters of the REIBC and                      to play a small part in important decisions
       since 2017, I have been honoured to contribute to the                   that ensure the sustained relevance of the
       organization by way of participating on the Board of                    REIBC going forward. Most important, it
       Governors. The REIBC and the RI designation have                        gave me a much deeper understanding
       both contributed to and supported my professional                       of the incredibly talented and diverse
       development and personal growth.                                        individuals that collectively make
                                                                               membership with the REIBC so valuable.
           The real estate industry is always changing but the
       commitment to excellence and the significance of being                      I continue to hold my membership
       educated, experienced, and connected is as important                    today because I truly believe the
       today as it was 50 years ago. I am proud of my                          opportunities it provides are as valuable
       RI designation and what it represents and I am excited                  and relevant as when I first entered the
       about the future of our organization. s                                 industry close to 30 years ago. s

                                                    BC Notaries Association                       Volume 28 Number 3 Fall 2019
22   TABLE OF CONTENTS
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