2. KADREA HUB:
Our office on 418 St. Paul went into renovation on June 03, to launch the development of an all new KADREA HUB. The Hub is a model conceived by the KADREA board of Directors at a strategic planning session held in September, 2018. In this model, the KADREA office will be converted to office and training lab/resource centre by the end of July 2019 (one month sooner than the scheduled completion).
Catch a few glimpses of the work going on:
3. How small Real Estate Boards can be leaders: An article by KADREA EO, Trevor Koot
KADREA EO, Trevor Koot's first article in REMOnline titled - "Let's be our own disruptor" garnered eyeballs from both, the Real Estate & the Data Technology industry. What this has done is, is that it has laid the foundation for bringing smaller Real Estate Boards in focus to become leaders of the industry one day and has definitely initiated a constructive feedback communication process.
Read the 2nd article to know what KADREA is doing to become the real champion of Real Estate Associations!
Read 2nd Article
Read 1st Article
4. BC's Minister of Education – Rob Fleming announces upgrades to Kamloops and district schools
Following KADREA Past President, Doren Quinton's sustained efforts to highlight the current situation of overcrowding in #Kamloops area schools and the adverse impact it has on the market, BC's Education Minister, Rob Fleming announced big additions to accommodate these growing student numbers.
Read Doren's Letter to Rob on Feb 26, 2019: http://bit.ly/Dorenletter
Read Rob's Reply: http://bit.ly/Robreply
1. LIABILITY FOR STRATA INSURANCE DEDUCTIBLES:
Many strata owners do not know they may be personally liable to reimburse their strata corporation for its insurance deductible, the portion of the loss the insured must pay in an insurance claim, which can be many thousands of dollars. The British Columbia Law Institute's formidable committee of strata experts (the "Committee") recently recommended changes to the Strata Property Act, which would require most owners to insure themselves against this liability(1
). The Committee observed, (Ibid. at p. 87.)
Many strata corporations have seen their deductibles, particularly for damage caused by water ingress, rise significantly. An owner who isn't adequately insured against this risk could face a crippling liability.
Read Full Article
2. HOUSING FORECAST: BC HOME SALES TO RISE IN 2020
Strong economy and favourable demographics will likely create pent-up demand in the housing market in 2019
1. CANADIAN HOME SALES RISE AGAIN IN MAY 2019:
>> National home sales rose 1.9% month-over-month (m-o-m) in May.
>> Actual (not seasonally adjusted) activity was up 6.7% year-over-year (y-o-y).
>> The number of newly listed homes edged back by 1.2% m-o-m.
>> The MLS® Home Price Index (HPI) fell 0.2% m-o-m in May, the fifth straight decline.
>> The actual (not seasonally adjusted) MLS® HPI stood 0.6% below May 2018.
>> The actual (not seasonally adjusted) national average sale price was up 1.8% y-o-y.
Read Full Article
1. NEW DRONE RULES IN EFFECT:
>> Drone operators will face fines of up to $5,000 starting today (June 1) if caught flying without a proper certificate.
>> All drone operators must carry a valid drone pilot certificate and only fly drones that are marked and registered.
>> Those looking to obtain a pilot certificate can take an online exam for basic operations.
Also read: Drone photography is changing the way Howard County homes are sold
1. Allekat Builders
- Jun 06, 2019
2. Jim Speyers
(Allekat Builders) - Jun 06, 2019
3. Mia Wesley
(C21DH) - Jun 21, 2019
4. Bruce Shaw
(Best West) - Jun 27, 2019
5. John Atkinson
(Best West) - Jun 29, 2019