A realtor advertising a loophole to avoid taxes has leapt to the top spot in Metro Vancouver realtor rankings, an analysis of sales volumes for the first eight months of 2019 show.
Angell Hasman (E.Christiansen) Realtor Eric Christiansen jumped 24 places to clinch top spot with 21 sales totalling nearly $64 million at an average of $3 million per sale.
| Rank | Name | Brokerage | Num of Sales | Volume | Average |
|---|---|---|---|---|---|
| 1 | Eric Christiansen | Angell Hasman (E.Christiansen) | 21 | $63,667,000 | $3,031,762 |
| 2 | Victor Kwan PREC* | RE/MAX Select Properties | 14 | $61,159,334 | $4,368,524 |
| 3 | Faith Wilson | Faith Wilson Group | 33 | $60,785,888 | $1,841,997 |
| 4 | Tom Gradecak | WESTSIDE Tom Gradecak Realty | 23 | $56,932,000 | $2,475,304 |
| 5 | Wendy Lei | Polygon Realty Limited | 50 | $56,859,200 | $1,137,184 |
| 6 | Derek Grech | Angell Hasman & Assoc.Rlty.Ltd | 22 | $53,186,800 | $2,417,582 |
| 7 | Elaine Wu PREC* | LeHomes Realty Premier | 45 | $53,138,572 | $1,180,857 |
| 8 | Leo Ronse | Royal LePage - Wolstencroft | 40 | $52,815,419 | $1,320,385 |
| 9 | Tracy Niu PREC* | Nu Stream Realty Inc. | 47 | $51,529,796 | $1,096,379 |
| 10 | Paul Eviston PREC* | RE/MAX Select Properties | 27 | $49,736,090 | $1,842,077 |
| 11 | Fraser Elliott PREC* | RE/MAX Progroup Realty | 57 | $48,052,100 | $843,019 |
| 12 | Mike Marfori - PREC | Sutton Premier Realty | 62 | $47,469,604 | $765,639 |
| 13 | Doris Gee | RE/MAX Central | 40 | $46,778,833 | $1,169,471 |
| 14 | Jonathan Yu PREC* | Sutton Group-West Coast Realty | 15 | $44,398,000 | $2,959,867 |
| 15 | Peter Saito PREC* | Sutton Group-West Coast Realty | 12 | $43,975,000 | $3,664,583 |
| 16 | Ken Cui PREC* | Nu Stream Realty Inc. | 44 | $43,794,080 | $995,320 |
| 17 | Kathy Xu PREC* | Maxcel Westcoast Realty Ltd. | 17 | $43,278,952 | $2,545,821 |
| 18 | Shafik Ladha PREC* | RE/MAX Westcoast | 60 | $42,090,398 | $701,507 |
| 19 | Emily Oh - PREC | Sutton Premier Realty | 48 | $40,639,542 | $846,657 |
| 20 | Ruth Chuang PREC* | Stilhavn Real Estate Services | 34 | $40,591,050 | $1,193,854 |
| 21 | Michelle Yu PREC* | RE/MAX Real Estate Services | 22 | $40,465,394 | $1,839,336 |
| 22 | Mike Rampf PREC* | Engel & Volkers Vancouver | 30 | $40,402,490 | $1,346,750 |
| 23 | Maggie Zhu PREC* | Nu Stream Realty Inc. | 39 | $39,970,452 | $1,024,883 |
| 24 | Haneef Virani PREC* | Virani Real Estate Advisors | 16 | $39,310,785 | $2,456,924 |
| 25 | Monique Badun | Sotheby's Int'l Realty Canada | 15 | $38,241,905 | $2,549,460 |
| 26 | Andrea Kavanagh PREC* | RE/MAX Select Properties | 19 | $37,956,500 | $1,997,711 |
| 27 | Dave Robles - PREC | RE/MAX Treeland Realty | 49 | $37,494,700 | $765,198 |
| 28 | Amir Hamzehali PREC* | Royal LePage Sussex | 8 | $36,658,142 | $4,582,268 |
| 29 | Dave Vallee PREC* | RE/MAX All Points Realty | 45 | $36,191,840 | $804,263 |
| 30 | Danny Chow PREC* | Rennie & Associates Realty Ltd. | 30 | $35,411,100 | $1,180,370 |
| 31 | Clair Rockel PREC* | Macdonald Realty | 19 | $34,861,500 | $1,834,816 |
| 32 | Juliette(YongHong) Zhang PREC* | Macdonald Realty Westmar | 16 | $33,717,334 | $2,107,333 |
| 33 | Melissa Wu PREC* | Maxcel Westcoast Realty Ltd. | 15 | $33,674,667 | $2,244,978 |
| 34 | Layla Yang PREC* | Dracco Pacific Realty | 15 | $33,125,800 | $2,208,387 |
| 35 | Winnie Chung PREC* | Royal Pacific Realty Corp. | 14 | $32,792,786 | $2,342,342 |
| 36 | Michael Xu PREC* | Sutton Group-West Coast Realty | 7 | $31,678,000 | $4,525,429 |
| 37 | Patti Martin PREC* | RE/MAX Westcoast | 30 | $31,410,300 | $1,047,010 |
| 38 | Austin Kay | RE/MAX Austin Kay Realty | 30 | $30,985,299 | $1,032,843 |
| 39 | Katrina Amurao - PREC | RE/MAX 2000 Realty | 52 | $30,901,550 | $594,261 |
| 40 | Sarina Han PREC* | Luxmore Realty | 7 | $30,739,142 | $4,391,306 |
| 41 | Sean Stevens PREC* | Macdonald Realty | 23 | $29,835,114 | $1,297,179 |
| 42 | Ron Antalek PREC* | RE/MAX LifeStyles Realty | 41 | $29,599,466 | $721,938 |
| 43 | Patrick Weeks PREC* | RE/MAX Select Properties | 22 | $29,482,000 | $1,340,091 |
| 44 | Will McKitka | Sotheby's Int'l Realty Canada | 11 | $29,352,500 | $2,668,409 |
| 45 | Danny Gerbrandt PREC* | Royal LePage-Brookside Realty | 43 | $29,199,400 | $679,056 |
| 46 | Matt Kerr PREC* | Stilhavn Real Estate Services | 27 | $28,829,000 | $1,067,741 |
| 47 | Ryan Sidhu | Bay Realty | 23 | $28,150,519 | $1,223,936 |
| 48 | Gary Geng PREC* | LeHomes Realty | 11 | $27,475,000 | $2,497,727 |
| 49 | Sukh Brar - PREC | Royal LePage Global Force Realty | 30 | $27,438,971 | $914,632 |
| 50 | Gary Hooge - PREC | RE/MAX Treeland Realty | 26 | $26,315,785 | $1,012,146 |
| 51 | Lena Xu - PREC | RE/MAX Colonial Pacific Realty | 12 | $26,065,471 | $2,172,123 |
| 52 | Edith Chan PREC* | RE/MAX Masters Realty | 7 | $25,944,333 | $3,706,333 |
| 53 | Jeff Benna | RE/MAX Real Estate Services | 16 | $25,760,500 | $1,610,031 |
| 54 | Rimpy Hothi PREC* | Sutton Group-West Coast Realty | 25 | $25,607,900 | $1,024,316 |
| 55 | Eric Xiao PREC* | Sutton Group-West Coast Realty | 21 | $25,471,800 | $1,212,943 |
| 56 | Amir Miri PREC* | Royal Pacific Lions Gate Realty Ltd. | 11 | $25,181,000 | $2,289,182 |
| 57 | Pete Shpak PREC* | Oakwyn Realty Ltd. | 27 | $25,081,000 | $928,926 |
| 58 | Tracey Bosch - PREC | Royal LePage - Wolstencroft | 25 | $25,037,700 | $1,001,508 |
| 59 | Denny Dumas PREC* | Keller Williams Elite Realty | 37 | $24,664,780 | $666,616 |
| 60 | Jason Soprovich | Royal LePage Sussex - Jason Soprovich | 8 | $24,484,000 | $3,060,500 |
| 61 | Scott Moe - PREC | RE/MAX Treeland Realty | 32 | $24,357,700 | $761,178 |
| 62 | Tony Zandbergen - PREC | RE/MAX Treeland Realty | 31 | $24,291,601 | $783,600 |
| 63 | Malcolm Hasman | Angell Hasman (Malcolm Hasman) | 9 | $24,143,000 | $2,682,556 |
| 64 | Lance Phillips PREC* | Royal LePage Sussex | 17 | $24,056,000 | $1,415,059 |
| 65 | Yvonne Lu PREC* | Royal Pacific Realty Corp. | 12 | $24,022,000 | $2,001,833 |
| 66 | Terry Eng PREC* | RE/MAX City Realty | 17 | $23,830,300 | $1,401,782 |
| 67 | Ellen Guan PREC* | Luxmore Realty | 9 | $23,789,800 | $2,643,311 |
| 68 | Morning Yu PREC* | LeHomes Realty First | 27 | $23,783,499 | $880,870 |
| 69 | Sydney Deng PREC* | Royal Pacific Realty Corp. | 7 | $23,275,000 | $3,325,000 |
| 70 | Geoff Jarman PREC* | Sutton Group-West Coast Realty | 18 | $23,239,240 | $1,291,069 |
| 71 | Wayne Dick | RE/MAX All Points Realty | 28 | $22,850,200 | $816,079 |
| 72 | Jon Pezzente PREC* | Sutton Group-West Coast Realty | 16 | $22,712,357 | $1,419,522 |
| 73 | Goldy Kang - PREC | Sutton Group-West Coast Realty (Surrey/120) | 27 | $22,648,300 | $838,826 |
| 74 | Mayur Arora | Oneflatfee.ca | 32 | $22,251,100 | $695,347 |
| 75 | Stu Bell PREC* | Royal LePage Sussex | 12 | $22,176,152 | $1,848,013 |
| 76 | Lorne Goldman PREC* | Macdonald Realty | 18 | $21,911,849 | $1,217,325 |
| 77 | Nazanin Behroyan PREC* | Behroyan & Associates Real Estate Services | 9 | $21,723,452 | $2,413,717 |
| 78 | Lionel Lorence | RE/MAX Lionel Lorence | 10 | $21,665,000 | $2,166,500 |
| 79 | Sameer Kaushal - PREC | Century 21 Coastal Realty Ltd. | 23 | $21,540,522 | $936,544 |
| 80 | Aileen Noguer PREC* | RE/MAX Progroup Realty | 23 | $20,948,507 | $910,805 |
| 81 | Ken Leong PREC* | Oakwyn Realty Downtown Ltd. | 14 | $20,508,123 | $1,464,866 |
| 82 | Patrick O'Donnell PREC* | Royal LePage Sussex | 13 | $20,491,881 | $1,576,299 |
| 83 | Ritchie Zhao PREC* | Royal First Realty | 17 | $20,335,688 | $1,196,217 |
| 84 | Randy Mann - PREC | RE/MAX Performance Realty | 24 | $19,838,600 | $826,608 |
| 85 | Rob Zwick PREC* | Stilhavn Real Estate Services | 12 | $19,739,167 | $1,644,931 |
| 86 | Leah Bach - PREC | RE/MAX Performance Realty | 23 | $19,638,000 | $853,826 |
| 87 | Tony Rossetti | RE/MAX Rossetti Realty | 20 | $19,637,999 | $981,900 |
| 88 | Paul Tan PREC* | Royal Pacific Lions Gate Realty Ltd. | 7 | $19,546,190 | $2,792,313 |
| 89 | Sam McCall PREC* | RE/MAX Masters Realty | 9 | $19,401,000 | $2,155,667 |
| 90 | Jim Williamson PREC* | RE/MAX Crest Realty | 10 | $19,309,936 | $1,930,994 |
| 91 | Vijay Virk - PREC | Macdonald Realty (Delta) | 12 | $19,181,000 | $1,598,417 |
| 92 | Beebe Cline - PREC | Hugh & McKinnon Realty Ltd. | 10 | $19,087,250 | $1,908,725 |
| 93 | Kelsie Struch PREC* | VPG Realty Inc. | 20 | $18,874,000 | $943,700 |
| 94 | Janet Rathbun - PREC | RE/MAX Performance Realty | 23 | $18,690,500 | $812,630 |
| 95 | Cindy Gering PREC* | RE/MAX All Points Realty | 32 | $18,612,000 | $581,625 |
| 96 | Benson Lee PREC* | Nu Stream Realty Inc. | 29 | $18,585,687 | $640,886 |
| 97 | Judy Dou PREC* | Luxmore Realty | 6 | $18,575,168 | $3,095,861 |
| 98 | Sheila O'Brien PREC* | RE/MAX Select Realty | 15 | $18,506,500 | $1,233,767 |
| 99 | Glenn Dennis PREC* | RE/MAX Select Properties | 12 | $18,483,123 | $1,540,260 |
| 100 | Sophia Gee | RE/MAX Central | 25 | $18,475,700 | $739,028 |
| 101 | Crystal Hung PREC* | Icon Marketing Inc. | 9 | $18,428,143 | $2,047,571 |
| 102 | Scott Walker PREC* | Sutton Group Seafair Realty | 23 | $18,338,500 | $797,326 |
| 103 | Frank Peng PREC* | Dracco Pacific Realty | 12 | $18,316,000 | $1,526,333 |
| 104 | Jodi Steeves - PREC | RE/MAX Aldercenter Realty | 24 | $18,309,300 | $762,888 |
| 105 | Jag Sidhu - PREC | RE/MAX Little Oak Realty (Surrey) | 18 | $18,296,500 | $1,016,472 |
| 106 | Vince Chan PREC* | RE/MAX Central | 18 | $18,218,220 | $1,012,123 |
| 107 | Jim Chen PREC* | YVR International Realty | 7 | $18,163,500 | $2,594,786 |
| 108 | Steve Klassen - PREC | RE/MAX Treeland Realty | 21 | $18,118,500 | $862,786 |
| 109 | Sean Lawson PREC* | RE/MAX Westcoast | 14 | $18,010,200 | $1,286,443 |
| 110 | Ray Proc | Royal LePage Sussex | 6 | $17,910,000 | $2,985,000 |
| 111 | Ben Chimes PREC* | Stilhavn Real Estate Services | 14 | $17,781,400 | $1,270,100 |
| 112 | Elaine Andrews PREC* | Royal LePage Sussex | 15 | $17,738,900 | $1,182,593 |
| 113 | Jonathan Lu PREC* | Keller Williams Realty VanCentral | 13 | $17,698,407 | $1,361,416 |
| 114 | Franco Diligenti PREC* | Macdonald Realty | 8 | $17,445,000 | $2,180,625 |
| 115 | Iris Ling | Polygon Realty Limited | 22 | $17,363,600 | $789,255 |
| 116 | Don Eilers | RE/MAX Masters Realty | 9 | $17,176,000 | $1,908,444 |
| 117 | Karley Rice PREC* | Macdonald Realty | 10 | $17,125,000 | $1,712,500 |
| 118 | Carmen Ip | Wesgroup Realty Ltd. | 22 | $17,106,900 | $777,586 |
| 119 | Crystal Wang PREC* | Sutton Group - 1st West Realty | 7 | $17,016,999 | $2,431,000 |
| 120 | Keith Roy PREC* | RE/MAX Select Realty | 18 | $17,004,500 | $944,694 |
| 121 | Marty Pospischil | Pospischil Realty Group | 20 | $16,919,000 | $845,950 |
| 122 | Thyra McKilligan | RE/MAX Masters Realty | 11 | $16,847,000 | $1,531,545 |
| 123 | Gurdial Badh | RE/MAX Real Estate Services | 13 | $16,737,000 | $1,287,462 |
| 124 | Ryan Lalonde | MLA Canada Realty | 20 | $16,695,200 | $834,760 |
| 125 | Jeremy McCarthy PREC* | Royal LePage-Brookside Realty | 24 | $16,684,384 | $695,183 |
| 126 | Stuart Bonner | RE/MAX - Stuart Bonner | 8 | $16,603,000 | $2,075,375 |
| 127 | Ty Corsie - PREC | Valley Pacific Realty Ltd. | 23 | $16,585,299 | $721,100 |
| 128 | David Matiru PREC* | VPG Realty Inc. | 9 | $16,582,382 | $1,842,487 |
| 129 | Tracie McTavish PREC* | Rennie Marketing Systems | 18 | $16,475,300 | $915,294 |
| 130 | Thomas McConnell - PREC | RE/MAX 2000 Realty | 21 | $16,428,367 | $782,303 |
| 131 | Robbie Johal - PREC | RE/MAX Lifestyles Realty (Langley) | 21 | $16,427,400 | $782,257 |
| 132 | Marjan Mazaheri PREC* | Coldwell Banker Prestige Realty | 9 | $16,394,000 | $1,821,556 |
| 133 | Gregg Baker PREC* | Engel & Volkers Vancouver | 6 | $16,363,000 | $2,727,167 |
| 134 | Henry Wu PREC* | LeHomes Realty Premier | 25 | $16,240,300 | $649,612 |
| 135 | Karen Zhao PREC* | Royal Pacific Riverside Realty Ltd. | 14 | $16,227,243 | $1,159,089 |
| 136 | Jenny Matches - PREC | RE/MAX Performance Realty | 18 | $16,107,500 | $894,861 |
| 137 | Danny Deng PREC* | Sutton Group-West Coast Realty | 4 | $16,080,000 | $4,020,000 |
| 138 | Jila Rezai PREC* | Royal LePage Sussex | 3 | $15,965,000 | $5,321,667 |
| 139 | Michael Uy PREC* | Oakwyn Realty Ltd. | 24 | $15,922,000 | $663,417 |
| 140 | Evan Ho PREC* | RE/MAX Crest Realty | 9 | $15,919,000 | $1,768,778 |
| 141 | Carole Lieberman PREC* | Dexter Realty | 12 | $15,818,500 | $1,318,208 |
| 142 | Kit Matkaluk | Oakwyn Realty Ltd. | 17 | $15,795,000 | $929,118 |
| 143 | Anthony Riglietti PREC* | Pacesetter Marketing Ltd. | 18 | $15,781,000 | $876,722 |
| 144 | Tracy Hu PREC* | LeHomes Realty | 14 | $15,757,647 | $1,125,546 |
| 145 | Ruthie Shugarman | Dexter Realty | 5 | $15,705,000 | $3,141,000 |
| 146 | Rob Montgomerie | Stilhavn Real Estate Services | 9 | $15,656,762 | $1,739,640 |
| 147 | Steve Baker PREC* | Sutton Group Seafair Realty | 20 | $15,588,000 | $779,400 |
| 148 | Jamie Ruscheinski - PREC | Royal LePage - Wolstencroft | 24 | $15,519,150 | $646,631 |
| 149 | Iain Edmonds | Royal LePage Sussex - Iain Edmonds | 15 | $15,488,500 | $1,032,567 |
| 150 | Brent Roberts | Royal LePage Brent Roberts Realty | 27 | $15,305,260 | $566,861 |
| 151 | John Tsai PREC* | eXp Realty | 21 | $15,297,100 | $728,433 |
| 152 | Paul Albrighton PREC* | RE/MAX Crest Realty | 15 | $15,292,200 | $1,019,480 |
| 153 | Dean Hooseman - PREC | RE/MAX Lifestyles Realty (Langley) | 17 | $15,216,100 | $895,065 |
| 154 | Ron Basra PREC* | RE/MAX Select Realty | 9 | $15,152,904 | $1,683,656 |
| 155 | Dominic Shu PREC* | Sutton Group-West Coast Realty | 11 | $14,941,238 | $1,358,294 |
| 156 | Joel Ross - PREC | RE/MAX Colonial Pacific Realty | 14 | $14,929,250 | $1,066,375 |
| 157 | Mabel Ko PREC* | RE/MAX City Realty | 16 | $14,926,435 | $932,902 |
| 158 | Wendy Yang PREC* | Metro Edge Realty | 19 | $14,905,700 | $784,511 |
| 159 | Kim Phillips - PREC | RE/MAX Treeland Realty | 24 | $14,833,000 | $618,042 |
| 160 | Henrietta Tan PREC* | Sutton Group-West Coast Realty | 5 | $14,785,000 | $2,957,000 |
| 161 | Jeff Golding PREC* | Royal LePage West R.E.S. | 17 | $14,650,900 | $861,818 |
| 162 | Stephen Mitchell PREC* | Sotheby's Int'l Realty Canada | 9 | $14,630,000 | $1,625,556 |
| 163 | Mary Cleaver | RE/MAX Select Realty | 16 | $14,619,000 | $913,688 |
| 164 | Kelly Gardiner PREC* | Sutton Group-West Coast Realty | 10 | $14,534,214 | $1,453,421 |
| 165 | Adil Dinani PREC* | Royal LePage West R.E.S. | 16 | $14,477,000 | $904,813 |
| 166 | Peter Raab PREC* | Engel & Volkers Vancouver | 14 | $14,472,000 | $1,033,714 |
| 167 | Dawne Edwards - PREC | Frontline Real Estate Services Ltd. | 22 | $14,459,800 | $657,264 |
| 168 | Judy Killeen PREC* | Sutton Group-West Coast Realty | 11 | $14,391,300 | $1,308,300 |
| 169 | Margaret Leung | RE/MAX Margaret Leung Realty | 4 | $14,346,000 | $3,586,500 |
| 170 | Alistair Young - PREC | RE/MAX Treeland Realty | 18 | $14,306,500 | $794,806 |
| 171 | Bryan Boyce - PREC | Sutton Group-West Coast Realty (Surrey/24) | 6 | $14,287,470 | $2,381,245 |
| 172 | Michelle Carlsen - PREC | Macdonald Realty (Langley) | 15 | $14,129,000 | $941,933 |
| 173 | Danny Evans | Royal LePage - Wolstencroft | 14 | $14,094,500 | $1,006,750 |
| 174 | Eleanor Wrigley - PREC | Royal LePage - Wolstencroft | 12 | $14,083,856 | $1,173,655 |
| 175 | Dennis Wang PREC* | Nu Stream Realty Inc. | 19 | $14,077,500 | $740,921 |
| 176 | Hanson Lu PREC* | Rennie & Associates Realty Ltd. | 9 | $13,989,509 | $1,554,390 |
| 177 | Gary Serra PREC* | RE/MAX Crest Realty | 17 | $13,977,000 | $822,176 |
| 178 | Gino Muoio PREC* | Bel-Air Realty Group Ltd. | 10 | $13,972,000 | $1,397,200 |
| 179 | Judy Rohatyn | Polygon Realty Limited | 29 | $13,947,100 | $480,934 |
| 180 | Douglas Mitten | Performance Power Play Realty | 17 | $13,902,300 | $817,782 |
| 181 | Lynda Terborg PREC* | RE/MAX Westcoast | 13 | $13,860,500 | $1,066,192 |
| 182 | Anne Piche | Sutton Group Seafair Realty | 13 | $13,854,009 | $1,065,693 |
| 183 | Brock Smeaton PREC* | Royal LePage Sussex | 6 | $13,716,000 | $2,286,000 |
| 184 | Manyee Lui | Macdonald Realty - Manyee Lui | 7 | $13,694,000 | $1,956,286 |
| 185 | Carsten Love PREC* | Coldwell Banker Love Realty | 7 | $13,669,688 | $1,952,813 |
| 186 | Scott Franklin - PREC | Homelife Benchmark Realty Corp. (White Rock) | 16 | $13,665,745 | $854,109 |
| 187 | Ajit Thaliwal PREC* | RE/MAX Westcoast | 7 | $13,594,190 | $1,942,027 |
| 188 | Michelle Wang PREC* | Multiple Realty Ltd. | 5 | $13,593,889 | $2,718,778 |
| 189 | Shaz Karim PREC* | Sotheby's Int'l Realty Canada | 15 | $13,515,000 | $901,000 |
| 190 | Amy Brattebo - PREC | RE/MAX Little Oak Realty (Fort Langley) | 10 | $13,503,000 | $1,350,300 |
| 191 | Robert Lee PREC* | One Percent Realty Ltd. | 14 | $13,491,300 | $963,664 |
| 192 | Tom Edwards - PREC | RE/MAX Performance Realty | 17 | $13,451,800 | $791,282 |
| 193 | Edith Katronis | Homelife Benchmark Realty Corp. (Branch) | 15 | $13,431,857 | $895,457 |
| 194 | Roland Lewis PREC* | Royal LePage Sussex | 11 | $13,336,833 | $1,212,439 |
| 195 | Michelle Comens PREC* | RE/MAX Crest Realty | 11 | $13,264,619 | $1,205,874 |
| 196 | Julie Ramirez PREC* | Keller Williams Elite Realty | 20 | $13,045,800 | $652,290 |
| 197 | Jasmine Botto PREC* | Royal LePage Sussex | 10 | $12,986,000 | $1,298,600 |
| 198 | Jeff Donohoe PREC* | RE/MAX Crest Realty | 13 | $12,915,000 | $993,462 |
| 199 | Brian Higgins PREC* | Prompton Real Estate Serv.Inc. | 11 | $12,910,749 | $1,173,704 |
| 200 | Scott Regamble PREC* | Engel & Volkers Vancouver | 9 | $12,893,000 | $1,432,556 |
Christiansen is the listing agent for a West Vancouver property is being sold as offering both an opportunity to avoid taxes using the bare trust loophole.
“Property has been set up to utilize benefits of Bare Trust agreements to avoid PPT if the Buyer desires. Call for more detail,” The once high flying luxury realtor Christiansen explains in the realtor remarks section of the listing, which is only visible to other realtors.
Province’s NDP government last fall announced that it was outlawing the use of bare trusts for the specific purpose of skirting property transfer tax1.
“Our government has been clear that the days of skirting tax laws and hiding property ownership behind numbered companies and trusts are over,” Carole James, Minister of Finance said. “Not only is tax evasion in real estate fundamentally unfair, but it’s driving up the cost of housing for people who live and work in our communities. These changes give authorities another tool to make sure people are paying the taxes they owe.”
Starting Sept. 17, 2018, the new property transfer tax return require people to report additional information when a transaction is structured through a corporation or trust.
This allows the government to identify people with a significant interest in the property, and ensure the correct amount of tax is paid, according to the Ministry of Finance.
All data in this article refers to reported sales for Metro Vancouver made by the realtors as the listing agent only, and does not cover private sales – including private presales, shadow flips and all other forms of real estate transactions that parties outside the transaction are not privy to. There may be delays in sales being reported.
OpenHousing adheres to the official definition of Metro Vancouver. As such the data covers Vancouver, Richmond, Burnaby, West Vancouver, New Westminster, North Vancouver, Delta, Surrey, Port Moody, Port Coquitlam, Pitt Meadows, Maple Ridge, Lions Bay, Bower Island, Anmore, and Belcarra, Langley and White Rock. Data for Vancouver also include University British Columbia and University Endowment Lands.
Insider realtors being tossed a lifeboat before the hard crash hits. Every one of these realtors are connected insiders who were given this gift, while the masses of realtors are left to fight over the scraps.