Greg & Colin Thornton RE/MAX Sabre

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The Unintended Consequences of the
CREA Settlement with the Competition Bureau.
It has now been some time since the announcement was made regarding the Canadian Real Estate Association’s (MLS) settlement with the Canadian Competition Bureau and the initial frenzy of news has begun to die down. As I am not a realtor but an interested and active market analyst I have been watching this story progress over the last year.

Now that all of the knee-jerk and emotional reactions have ended, it is time for some analysis on how this change will affect the Canadian real estate landscape both in the short term (24 months) and long term....

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Locking in: Will it be a 10-year or 5-year mortgage?
Which side of the mortgage question are you on? 

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Mortgage debates used to centre around whether to go fixed or variable but the discussion these days is not whether to lock in a rate but for how long?

Variable rate mortgages have slumped in popularity over the last few months as discounts off of the 3% prime rate are either shrinking or disappearing. At the same time, financial institutions have dropped rates to as low as 2.99% for terms as long as four or five years.

But there is a new entrant to the marketplace - the 10-year mortgage. The Canadian Association of Accredited Mortgage...

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Tens of thousands of homeowners are at risk of break-ins and assaults if their personal information is made available online when they sell their homes, the country’s largest real estate board charges in a blistering attack against the country’s competition commissioner.

The Toronto Real Estate Board will launch a major public relations campaign on Tuesday against a Competition Bureau demand to include more detailed information in online listings, arguing that making information such as a seller’s name and phone number available to casual browsers endangers lives.



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We have just expanded our network by creating our own YouTube channel! You will be able to watch market updates; hilarious real estate related content and thought provoking ideas. We have already uploaded:

-February's 2012 housing market update by the Real Estate Board of Greater Vancouver.

-A Japanese Real Estate brokerage commercial that had been previously blogged about.

-What a single car garage looks like in Europe.

Enjoy and subscribe! 


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This article is a must read, will apply to real estate, everyday life, and business : 6 Habits of True Strategic Thinkers.


You're the boss, but you still spend too much time on the day-to-day. Here's how to become the strategic leader your company needs.

In the beginning, there was just you and your partners. You did every job. You coded, you met with investors, you emptied the trash and phoned in the midnight pizza. Now you have others to do all that and it's time for you to "be strategic." 

Whatever that means.

If you find yourself resisting "being strategic," because it sounds like a fast track to irrelevance, or vaguely like an excuse to slack off, you're...

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I have listed a new property at 23717 106TH AVE in Maple Ridge.
Largely original but exceptionally clean & well maint, you will not be disappointed. This home is a must to see w/it's spacious open flr plan w/huge LVGRM/DINRM w/12 ft ceilings & lots of windows, nicely updated w/brushed nickel h/ware, 2"blinds thru-out. Nice big master w/his & hers dble closets & 4 pce enste w/jetted tub. Nicely updated main bath, new: lino, cabinets, granite counter tops & plumbing fixtures. Nice big KIT w/tons of cabinets & counter space, island w/b/fast bar & lrge E/A, adjoining FAMRM w/gas F/P & ground level access to the private & nicely L/Scpd b/yd complete w/Japanese garden & fountain. Prof fin bsmt w/3 pce bath, 12x21 RECRM, 4th BDRM &...
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Our Recommended Services Page can be found under the More tab on our website. Or click the link:


When looking for a professional to complete jobs around the home such as furnace repair or plumbing look no further.  We have taken the time to source the most reputable service providers from the tri-cities areas and we are confident that you will be happy with the service and work received.  

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This weekend we had gone through the process of creating unique QR codes for each one of our current listings, today have managed to get those QR codes placed on each of our listings signs! We are looking forward to using QR codes for all of our future listings as they make it easier for prospective buyers to view our homes and catch a wider audience!  As TELUS would say "the future is friendly". 


For those of you that still are not sure on what exactly a QR code is please check out this link:

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As of early next week all of our Listing in the Lower Mainland will be given it's very own unique QR (Quick Reference) code that will be displayed on promotional materials and signage to allow for quick viewing from smart phones anytime and anywhere!  Give it a try now!                                                         

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