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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.


 

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

In search of a winning culture in a brokerage

Don Kottick, FRI, CRES
Dec 16, 2016
When most salespeople go into a real estate brokerage for their first interview, they will usually hear from the manager/owner that “our brokerage is unique because we have a great culture”. Everyone talks about a great culture, everyone says that they possess it, but in reality very few brokerages deliver. read more

How to Get a Real Estate Designation: First Steps

REIC National
Nov 23, 2016
Professional training and industry-recognized designations can help you get ahead of your competition. Having letters beside your name signals your commitment to high professional ethics and lifelong learning that only adds integrity and credibility to your reputation. So you're considering achieving a real estate designation - but where do you start?    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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