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The Sky is Falling!

October 10, 2011 admin

Oh dear! The Sky is Falling! The Sky is Falling!

..oh, wait. Nope, that’s just water falling through the new roof at BC Place.

Stadium general manager Howard Crosley said a leak before the game sent eight workers onto the roof and several other leaks sprang up during the football contest.
“We did a number of temporary seals to get us to opening day, but there is still some more work to be done up there,” Crosley said. “It’s a welding process between two pieces of … fibreglass.
“Weather permitting, we hope to have that work completed in the next two weeks.”
Other than that, the renovated stadium is functioning normally, Crosley said, and only minor touchups will be needed from now on.
As for why 20 per cent of the concession workers didn’t show up for the stadium’s inaugural game last weekend, Crosley said some employees showed up for the one day of training and then decided they did not want the job.
More than 120 new employees have since been hired to fill the need, he said.

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Seller ‘Games’ – “I told him has to drop the price. He says no because he needs a high selling price to pay for a new condo in Vancouver which costs $150,000 more.”

8 years ago

[…] “Six months ago, my wife’s coworker decided to list her 900sf condo near Coquitlam Centre. She decides to rent a place in the meantime to be closer to her kids school. Dumb move. No serious offers even after 2 price drops. Meanwhile she’s bleeding rent and mortgage. Another guy at work trying to sell his condo in Richmond. Problem is he has it listed for almost the same price as a similar place in Vancouver. I told him has to drop the price. He says no because everyone wants to live in Richmond and he needs a high selling price to pay for a new condo in Vancouver which costs $150,000 more. He has an offer accepted already with a subject to sale of his old place. Subject deadline keeps passing and the seller keeps allowing him to extend.… Read more »

Seller ‘Games’ – “I told him has to drop the price. He says no because he needs a high selling price to pay for a new condo in Vancouver which costs $150,000 more.” | Vancouver Real Estate Anecdote Archive

8 years ago

[…] him to extend. I wonder how long this game goes on for.” – kansai92 at vancouvercondo.info October 11th, 2011 at 10:35 am Share:TwitterFacebookRedditStumbleUponDiggLike this:LikeBe the first to like this post. This […]

Anonymous

8 years ago

@YLTNboomerang: The ground source heat pump system will not work. The utility bills for the strata are sky high. It is probably the most inefficient building in False Creek North that has been built in the last 12 years.

Devore

8 years ago

@Patiently Waiting: You never know, maybe he gets angry at the thermometer when it's below 0?

M-

8 years ago

@Devore: As much as I like your idea, the RE industry has rules that lock their group up pretty tight. To do what you want to do, you'll have to: 1) Do the RE course (easy), 2) Get a job offer to be a realtor, 3) Now that you have an offer, you can take the exam & pay the fees, 4) Do two years of full time realtoring (or more years of part-time), 5) Pay more fees (and maybe a course?) to get yourself a broker's license, which is what you need to do what you want to do. So if you've got a good career anywhere else, it's probably not worth ditching it to become a realtor, or anything related to a realtor. Same thing applies for property managers– I looked it up! Only problem is I make… Read more »

jesse

8 years ago

@paulb.: Wow those listings keep on a-coming. Last year post-Thanksgiving listings were consistently in the 200 range. Busy time for Realtors!

Anonymous

8 years ago

@YLTNboomerang:

"This first listed in Feb 2008 for 999,000 and eventually sold on June 23 2008 for 830,000 and is now listed at 747,000."

Another unit (1473) which is a corner unit, slightly larger, has a view and in a much better location facing the park rather than Howe street is listed for $799,000. That is a better deal IMO and likely has forced them to drop the price on 1457.

http://www.6717000.com/pomaria/listings/

Pomaria is a nice building but in a kind of crappy location. It is a very busy area with traffic and has a bunch of dumpy auto garages directly across the street.

Anyone who wants to SELL a downtown condo is going to have to drop the price from years past. Nothing is moving in this price range.

Patiently Waiting

8 years ago

Bad reporting. The real issue isn't the assessment and the journalist should have reorganized the story accordingly.

Just another example of how J-school is overrated.

http://www.thenownews.com/business/Homeowner+tick…

Anonymous

8 years ago

"My impression was that some posters had the idea that the listing agreement might be changed so that the seller did not have a contractual obligation to pay a specified commission to the listing agent. That’s not going to happen." Those do exist today. There are flat fee "listing fees" available where you pay regardless of a sale or not for a listing. A buyers agent commission can be set at any level including zero. The real problem with the current structure is too many buyers rely solely on a buyers agent to direct them to the properties to view. This lets the buyers agent filter listings that will benefit them most (ie pays standard commission, easy to view). If all buyers did their own homework by checking MLS listings and private listings themselves the system could change quickly. Most… Read more »

Anonymous

8 years ago

"You’ve just made it profitable for them to show you as many places as possible. How’s that help you, the buyer?"

If you are a buyer viewing more places give you more choice and a better understanding of what is available. That would be a benefit in my opinion. Obviously when you do see a place you like and want to make an offer on it is up to you to direct the agent to do so. That may be the first place you see.

YLTNboomerang

8 years ago

Is something really wrong with the Pomaria building in Yaletown? Is this first LEED building a leaker? It wouldn't surprise me with this listing:

v907708 1457 Howe Street

This first listed in Feb 2008 for 999,000 and eventually sold on June 23 2008 for 830,000 and is now listed at 747,000.

This means the owners best case scenario is loosing $100K, nice investment buddy!

Come to think of it, I think this might be realtor owned, even better; can anybody check up on this? Realtor is Susan Keevil

Jay-z

8 years ago

Li-Kai:”BREAKING NEWS: Gordon Campbell Caught in an Orgy!”

Is Gordo Build a burger?

RippedtoShit

8 years ago

bought more oil earlier this month, and copper and emerging markets/china Meth, you freakstar. if it goes down i will buy more.

scullboy

8 years ago

Greetings from downtown Toronto! I started a new job today as an SBA for a consulting firm. It's really exciting! There are only 8 people in the company so you have to hit the ground running. I flew in from Halifax this morning. Here's the best part: They've rented an "executive suite" for me! It's awesome, shitloads of granite and stainless and not only am I *NOT* going broke paying for it, someone else is paying *ME* the big bucks to be here! I laughed when I came in, someone has hung faux vintage French charcouterie pictures above the bed. It's weirdly appropriate considering my training in French cuisine. I forgot how exciting Toronto can be, and it's doubly so on someone else's dime. I just had a great red curry seafood dish at Spring Rolls and the price doesn't… Read more »

Jay-z

8 years ago

Li-Kai:"BREAKING NEWS: Gordon Campbell Caught in an Orgy!"

Is Gord alzo build a burger?

paulb.

8 years ago

New Listings 274

Price Changes 169

Sold Listings 159

TI:16807

http://www.laurenandpaul.ca

Li Kai Shing

8 years ago

BREAKING NEWS: Gordon Campbell Caught in an Orgy!

http://alexgtsakumis.com/2011/10/11/breaking-news…

See what happenz at Bilderbergs ?

PS Canada Chick be hot !

jesse

8 years ago

@Troll: " Then the commissions will fall right back in line."

And Realtors in sum take home a disproportionate cut compared to service offered 10 years ago. Don't get me wrong; I'm not wanting to blame Realtors here — they're like drug dealers, and as Chris Rock said, a dealer never sold me drugs I didn't want.

I'm neither on the buy side or the sell side of RE so whatever, but as a public service I thought I might put a bug in a speculator's ear as to where their money is actually going.

patriotz

8 years ago

@Anonymous:

"No, some posters are thinking that it’s possible to negotiate on how much of the split commission the buyers agent keeps (nothing to do with the agreement between the seller and his agent)."

I know that's possible under the current system of listing agreements. That's not what I was talking about.

My impression was that some posters had the idea that the listing agreement might be changed so that the seller did not have a contractual obligation to pay a specified commission to the listing agent. That's not going to happen.

If that's not what the posters had in mind, my apologies.

Jay-z

8 years ago

Li Kai:

"Discussion is mindless.

Geez, how you peepulz get laid ?"

ha-ha-ha…you are killing me man..keep cuming

Best place on meth

8 years ago

@Troll:

>>>And half of the comments dedicated to a stadium roof? Really? <<<

Well, that is the topic du jour if you scroll up above.

Anonymous

8 years ago

@patriotz: ….Also, some posters seem to be thinking that listing agents would be willing to take a commission which is negotiated between them and the buyer at time of sale, rather than between them and the seller when the listing contract is made. That absolutely is not going to happen. … No, some posters are thinking that it's possible to negotiate on how much of the split commission the buyers agent keeps (nothing to do with the agreement between the seller and his agent). And that absolutely does happen! I've actually had an Agent, initially trying to pull a double-ender on me, agree to wave half of the commission if I bought (obviously not in this market). I didn't end up buying the house because it was a dump but if I had, I would have saved an amount equal… Read more »

Troll

8 years ago

Why are you bears so obsessed about RE commissions? I thought prices were going to crash 50% minimum? Then the commissions will fall right back in line.

And half of the comments dedicated to a stadium roof? Really? Sad sad sad. Oh wait, most of those comments are from RealPaul.

Li kai Shing

8 years ago

Real Estate commissions ?

Discussion is mindless.

Geez, how you peepulz get laid ?

You have a Notary drafting terms, conditions and positions ?

Discount for 3 – some or more?

Best place on meth

8 years ago

@Devore:

>>>Seniors increasingly hoping RE will save them in retirement:<<<

Go long pet food makers.

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The Sky is Falling!

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