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Welcome to the REIC Blog. Here REIC leadership and staff share insights into REIC activities, sector developments and news, and give you the opportunity to provide input.

Your comments are welcome. Add your perspective by using the comments feature at the end of each blog.


 

How To Enhance Your Career with Volunteerism

REIC National
Aug 14, 2018
Whether you are serving as a board member, participating in a committee or task force, hosting an event or manning a trade show booth, your volunteer efforts are vital to both the success of your organization and your own advancement. If you are looking for ways to enhance your career, network with peers, and create meaningful changes - volunteering presents opportunities for both professional and personal growth. read more

Development Opportunity: East & West Granville "Loops"

City of Vancouver
May 28, 2018
Sponsored content - The City of Vancouver is pleased to present an opportunity to develop a gateway residential neighbourhood on two prime development parcels at the entrance to Downtown Vancouver.   read more

Percent Rent and Gross Revenue Reports

Natalka Falcomer, CLO
May 14, 2018
I’ve had the opportunity to meet with numerous agents and lawyers who specialize in commercial leasing and they all say the same thing: it’s a tedious, difficult and boring job to read a full lease, but it’s necessary. There’s always a risk that something’s lurking behind the shadows of clause 34.12 (r) and that something will bite you when you least suspect it.   read more

​Your Guide to the #REIC2018 Annual Conference and AGM

REIC National
May 07, 2018
This year the theme for the REIC Annual Conference and AGM is Exploring Opportunities, and we don’t want you to miss a single one at this exciting three-day event in Montreal, QC. With that in mind, we have put together this guide for making the most out of your experience and to help you prepare for three days of informative sessions, networking, and celebration of professional growth.   read more

Networking Opportunities for Property Managers

REMI Network
Apr 13, 2018
Networking in the property management industry goes beyond finding a new job or making small talk at a business conference. It’s about building relationships and tapping into resources that have long-term value.   read more

Must-Have Skills as Property Management Evolves

REMI Network
Mar 16, 2018
The daily life of a property manager is far different today than it was a decade ago. In the multi-family sector, residents want more than to simply rent an apartment – they want to experience a lifestyle. They expect their relationship with a landlord to feel less transactional and more emotional. With increased competition among building owners, front-end staff must focus on building brand loyalty and brand awareness to develop that trust.   read more

The Behaviour Behind Effective Lease Negotiation

REMI Network
Feb 13, 2018
To effectively and successfully negotiate, real estate practitioners must understand how human behavior influences the deal-making process. It’s about more than just strategy – awareness of personalities, perception, body language and vocal tone helps professionals deliver lasting and better-quality solutions.   read more

Understanding the Importance of Social Media Presence

Anthony Gilbert, REALTOR
Feb 08, 2018
Traditional advertising is no longer enough to stay competitive. Agents need to harness the potential of social media to connect with potential clients and showcase new properties. Why is a social media presence important for agents? Understand more about how being active on social media can benefit agents today.   read more

Updated REIC Code of Professional Standards Ensures Continued Relevance in An Evolving Industry

REIC National
Jan 25, 2018
There is no doubt these are evolving times for all real estate professionals. The nature of transactions as well as the regulatory environment are becoming more complex. Observing industry changes, REIC has updated its Code of Professional Standards – a written and sworn contract that defines standards of business practice required of all its Members.    read more

Property Manager’s Guide to Ethics in Real Estate

REMI Network
Jan 23, 2018
Even the most seasoned property managers find good decision-making to be a life-long learning experience in an ever-changing industry. While there are basic rules to knowing what is right and wrong, peer-to-peer dilemmas are ripe with grey areas that require closer examination and a lot of well-tuned gut instinct.   read more

Professional Development: The Key to Attracting and Retaining Top Talent!

Institute of Real Estate Management (IREM)
Jan 03, 2018
It’s no secret that the real estate management profession is aging more quickly than other occupations. You are probably seeing that in your own organization and have realized how imperative it is to the future of your company and the industry to attract and retain young talent.   read more

Bachelor of Commerce, with a Minor in Property Management

Chrystal Skead, CPM® ARM®
Dec 22, 2017
Thanks to a $1M donation by W. Dean Weidner of Weidner Investment Services, Inc. to MacEwan University in Edmonton, we will soon see students graduate from university with a full education in business and property management.  read more

Goal Setting: More Than Just Thinking SMART

Natalka Falcomer, CLO
Dec 04, 2017
Instead of putting up an inspiration board for this New Year, I took it down. Because it got too depressing. And, as it turns out, I’m not alone. Setting lofty goals seems like a good idea and we’re all told we should be doing it. For those of us who obsess with achievement, motivation or personal development, I’m sure I won’t be shocking you with the concept of inspiration boards and goal setting.    read more

The Value of Continuing Education

Scott Fischer, CRP
Oct 05, 2017
In this time of social media and digital communications, online networking and self-promotion have become a necessity in order to stay in touch and be successful in your career. The market is becoming increasingly competitive, and access to social media outlets have made it progressively more difficult for you to distinguish yourself, rise above the crowd and influence those who may be looking at hiring you. So, how do you set yourself apart and achieve your next desired career?   read more

An Easy Hack to Avoid a Lawsuit

Natalka Falcomer, CLO
Sep 27, 2017
As a lawyer, manager of a brokerage and a member of the Real Estate Institute of Canada (REIC) I’m surrounded by rules of professional conduct and codes of ethics. All of my actions – whether they’re related to my work or not – are filtered through not only the Law Society’s Rules of Professional Conduct, but also the Real Estate and Business Broker’s Act and REIC’s Code of Professional Standards. While this seems like quite the process, I discovered that being ethical is just as good as having a lawyer on demand.   read more

5 Goals When Buying or Selling a Business

Gerald Tostowaryk, FRI
Aug 10, 2017
Every now and then I think back to when I was taking accounting courses at University, occasionally my mind recalls the five goals of an organization. Actually, I generally remember four of them; stability, liquidity, profitability and growth but for the longest time couldn’t recall the fifth. Then, finally one day completely out of the blue it came back to me, equity.   read more

7 Tips for Making the Most of #REIC2017 Annual Conference and AGM

REIC National
May 08, 2017
Interested in networking and learning from the top real estate industry leaders in Halifax, NS?  Here are 7 tips for making the most out of the experience, as you prepare for three days of informative sessions, engaging social events and celebrating achievements with professionals from across the globe.   read more

​Home Study Makes it Easier to Balance Education, Work and Life

REIC National
May 03, 2017
We’ve all been there.  Mentally juggling active business, professional goals and a personal life to fit in a new commitment.  Add to that to today’s competitive environment where real estate professionals work to meet client expectations of instant responses and results and the task of scheduling an average Wednesday can become daunting.   read more

Do You Love Numbers? Perhaps a Career in Real Estate Finance is for You!

Sandra De Medeiros, CAE
Mar 22, 2017
Numbers. I am not a fan. I can work with them, I just don’t love them.  The right side of my brain is definitely in charge no matter what area I am working in. That being said, I recognize that numbers are important – especially when you are trying to make sense of finances, balance the budget at work, and perhaps invest in properties.   read more

Do professionals with CPM or ARM designations earn higher compensation packages?

REIC National
Mar 02, 2017
What does earning a designation mean for property managers? Higher compensation? Bigger bonuses? What trends are property managers seeing over time in terms of compensation, commission, and benefits? The IREM Profile and Compensation Studies answer these questions, and more! read more

Professional Development in Real Estate: 6 Reasons Life Long Learning Breeds Success

REIC National
Feb 28, 2017
Whether you've been in the business for a day, or for decades, there comes a point where you realize you aren't the only game in town. In other words, you have a lot of competition. So how do you make yourself stand out among the growing number of professionals with similar aspirations?   read more

Why choose an FRI to represent you?

Stacy Wentzell, FRI, ACCI
Feb 23, 2017
The FRI designation is acknowledged by the real estate community as a standard of excellence and accomplishment.    read more

The Law May Not Be Fair, but It Does Hate Takers

Natalka Falcomer, CLO
Jan 19, 2017
The common rule is that you must be ruthless during negotiations to succeed. This belief couldn’t be farther from the truth; not only will you destroy your relationships, but you’ll also fail to have a legally enforceable deal.   read more

How to Get a Real Estate Designation: First Steps

REIC National
Nov 23, 2016
It is important to grow and develop as a professional in order to succeed in a highly changing industry. This is why many real estate professionals are giving themselves a competitive edge through expert training and industry-recognized designations that provide career-long benefits like increased skill and reputability.    read more

Would you, or should you, agree to discharge liens?

Natalka Falcomer, CLO
Nov 03, 2016
Should you advise your tenant client to agree discharge all liens? And why is this even in the Offer?   read more

5 Core Values Based on the Word "TRUST"

REIC National
Oct 27, 2016
Trust is at the center of all personal and business relationships. It is the single most important ingredient to success and respect. Without trust you cannot expect either a sound personal relationship, or success in your business dealings. To receive trust, one must be worthy of trust. Once trust is gained, it is a powerful asset in everything you will do.    read more

4 Top Ethical Responsibilities of a Real Estate Professional

Gareth R. Jones, FRI, SRES
Oct 11, 2016
Obtaining a license is only the beginning of your advanced education. The learning process continues every day, and real estate professionals learn not only by doing, but also by studying the examples set by seasoned professionals. You can profit from continuing education, using your accredited business standards to boost client trust and your reputation. It is particularly important to gain an understanding of the ethics issues that confront realtors and brokers.   read more

Don Kottick Hopes Industry Can "Raise the Bar"

Susan Doran
Oct 04, 2016
The real estate business and Hotel California have something in common. You can never leave either of them, says seasoned executive and Real Estate Institute of Canada (REIC) president Don Kottick. read more

Increase Income Potential With a Designation

REP Magazine
Sep 30, 2016
Many enter the real estate industry looking for easy money, but almost as many leave in frustration before their third year. Earning a specialty designation can give real estate agents a leg up on the competition, while raising their profile and profits.     read more

5 Time Management Tips for Busy Professionals

REIC National
Sep 23, 2016
You know the type: The busy professional who is late for every appointment, then gets a phone call and drops everything to dash off and handle an emergency. That's not an attractive picture, is it? Nor is it the mark of success for a real estate professional.   read more

Ethics and Good Decision Making in Real Estate

REMI Network
Sep 13, 2016
The challenges and rewards of preserving ethical standards in the workplace. read more

Human Resources in Property Management

REMI Network
Aug 22, 2016
One of the most important aspects of property management is human resources. Managing relationships with all kinds of people, from contractors to tenants, is just as important as managing buildings. read more

Broadening Your Financial Perspective

REMI Network
Aug 17, 2016
How financial tools can change the way you look at investment real estate. read more

Where a CPM Designation Can Take You

REMI Network
Aug 10, 2016
REIC’s Certified Property Manager® program prepares you for the future.   read more

Be a Part of the Change: Leadership Matters

Matrix Search Group
Aug 02, 2016
It’s something we as Canadians are proud of: our diversity. Yet, we are not as inclusive towards talent for Corporations. Today, talent is in hot demand. With shifting market conditions, a world more connected and moving faster than ever, acquiring the right talent in the workplace is essential. Available talent is diverse – in age, gender, ethnicity, culture, orientation, background, and the list goes on. The fabric of our nation is built on this diversity, and it has become one of the qualities of our country. However, we still have work to do when it comes to corporate inclusion at all levels.    read more

5 Reasons to Become a Certified Property Manager

REIC National
Jul 27, 2016
In business, the right credentials can communicate your worth as a consultant or employee. While you may already specialize in property management, there are a few good reasons why getting your Certified Property Manager® (CPM®) designation is a step in the right direction.    read more

Building Your Competitive Advantage with the Canada Job Grant Program

Gareth R. Jones, FRI, SRES
Jul 22, 2016
Continued staff development is essential to help organizations maximize workforce potential in increasing productivity and quality of work.  However time and financial resources are often cited as barriers to additional employee training. Budgets are tight and deadlines are looming.   read more

10 Quick Tips To Help You Succeed in Real Estate

Gareth R. Jones, FRI, SRES
Jul 18, 2016
Real estate is a challenging field. To rise to the top, you need to do a bit more than your competitors are willing to do. These are all actions that can help you set yourself apart.   read more

Improving Your Skill Through Advanced Property Management Courses

REIC National
Jul 07, 2016
The real estate management industry is growing and expanding, but it’s also a highly competitive field. Property owners and property management companies want experienced, skilled professionals to ensure successful outcomes with industry best practices, satisfied clients and profitability.   read more

Selling Involves Much More than Showing Property

Gareth Jones, FRI
Jun 01, 2016
In order to be successful in real estate sales, a person must possess many talents other than just the ability to introduce prospective buyers to suitable properties. You need knowledge of current laws, an insight into human personality, the ability to listen, a willingness to negotiate, the patience to build your prospects, and perseverance to conclude deals successfully. read more

Advancing your real estate career: real estate designations matter

Gareth R. Jones, FRI
May 25, 2016
In today’s highly competitive property management industry, what’s behind your name is just as important as what experience you have. Do you have the right real estate management designations? read more

REIC Faculty Training 2016

Candace Le Roux, CPM®, ARM®
Mar 11, 2016
In February I was very fortunate to attend the IREM/REIC faculty training in Toronto. read more

Is Specialization the Way of the Future?

Lesley Lucas, CAE
Oct 17, 2014
Our members come with an impressive breadth and depth of experience throughout the real estate sector.  read more

You’re Invited to Celebrate 60 Years of Excellence

Candace Le Roux, CPM®, ARM® - Chair, 2015 Conference Advisory Committee
Sep 16, 2014
On behalf of the 2015 Conference Advisory Committee, I’d like to invite you to join the IREM BC Chapter and the REIC Greater Vancouver Chapter, the hosts of the REIC 2015 Annual Conference and AGM, May 26th to 28th in Vancouver. read more

Excited About The Upcoming Year

Ron Penner, CPM, CRP - REIC National President
Aug 01, 2014
I'm incredibly excited about the upcoming year and I am honoured to be representing REIC as your 2014 - 2015 President!  Thank you to all of you who came out to Winnipeg and attended the 2014 Annual Conference and AGM in June. It was great getting to show off our fabulous city. read more

Celebrating the Start of a New Partnership

Ron Fraser, CPM
Sep 20, 2013
Last week, REIC and the Oakville, Milton and District Real Estate Board (OMDREB) celebrated the beginning of a new partnership. OMDREB is providing REIC advanced education courses leading to the Fellow of Real Estate Institute (FRI) designation to its over 1100 members. See the official announcement under What's New on the REIC website. read more

Ontario's Condominium Act Review Update

Ron Fraser, CPM
Jul 19, 2013
This is an update on the activities of the REIC Liaison Committee with regards to the ongoing revisions process for the Ontario Condominium Act. read more

Ramping up Communication During a Time of Crisis

Suzanne LeValley, CPM, CMOC
Jul 08, 2013
Here in southern Alberta, we’re feeling a bit battle weary due to the flooding. Many residents are still displaced, and, so far, 900 Calgarians alone will be forced to find accommodation because their homes are either condemned or will take months to restore. Our rental market was already tight before the flood. read more
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