realtor

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Realtor suggests evading taxes using bare trust loophole

A Vancouver realtor is suggesting buyers evade BC’s property transfer tax by exploiting the so-called bare trust loophole. “Save on the PTT by purchasing the shares of the numbered company that holds title as Bare Trustee,” reads the realtor comments section on the Multiple Listing Service (MLS) page for a triplex in Kitsilano. “Seller is […]

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Metro Vancouver realtor leaderboard: Luxury realtors no longer at the top

The rankings for Vancouver’s realtors by volume show that once high flying luxury realtors who were averaging up to five million dollars per sale are no longer at the top. The top position after the first five months of sales in 2019 is held by Maggi Thornhill who made more than $40 million selling 14 […]

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Buyer beware: The curious case of the shrinking condo

When a presale assignment for condo unit 2609 of Westbank’s Vancouver House first appeared on the market in October 2015, the listing indicate the unit had an area of 900 square feet. The listing realtor Dexter Realty’s Kris Pope eventually managed to sell the unit for $880,000 fetching $977 per square foot. When the buyer […]

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