By REALTOR® Steve Andersen

On June 15, 2018 dual agency for REALTORS® in British Columbia came to an end. Dual agency was a tool used by REALTORS® to allow them, with the consent of their clients, to represent two parties in one real estate transaction. It allowed REALTORS® to change their agency relationship so they could deal with the two parties impartially. In the commercial world this also applied to leasing and business sales.

 

As a consumer, the new legislation has significantly reduced your freedom of choice.

 

A REALTOR® can now only represent one party in a transaction, and you have to choose whether you want to be a client of a REALTOR® (represented) or an unrepresented party. One REALTOR® can still put together a deal for a buyer/tenant and a seller/landlord but one party would have to be unrepresented. The smaller a community is, the more likely it is that the REALTOR® you may want to use will somehow be in a conflict of interest and have to treat you as an unrepresented party.

 

When you choose to be the client of a REALTOR® they owe you special legal fiduciary duties as your agent.

 

These duties include loyalty, avoiding conflicts of interest, disclosing all relevant information to you and protecting your confidentiality. As an unrepresented party you are entitled to none of the special legal duties listed above. You will receive no advice and anything you say can be used against you.

 

Some more sophisticated consumers, especially in the commercial world, may feel they don’t need representation or advice.

 

They are free to make that choice, in which case one REALTOR® could put the whole deal together with only having loyalty to one party. The skills it takes to be a professional commercial REALTOR® should not be taken lightly and, even for the savviest of investors, just a little advice or guidance from their REALTOR® could save them from making a costly mistake.

 

By this point, hopefully you can see some of the risks that come with being unrepresented under the new rules.

 

Although your trusted REALTOR® may want to represent and protect you, in some cases, they will no longer be able to. In the commercial world, the majority of buyers or tenants seem to prefer calling the listing agent for information on properties. In the context of these new rules, the first step should be securing the services of their own REALTOR® and making all inquiries about properties through that REALTOR® so their interests are better protected.

 

As a seller, since your agent can only represent you, it is more important than ever to have a REALTOR® who is able to market your property to as many other REALTORS® and consumers as possible.

 

Don’t choose a REALTOR® who relies solely on their own personal list of contacts. The better your REALTOR® is at making good information packages, responding quickly to consumer and REALTOR® inquiries using proven and new technologies, and working with other REALTORS®, including offering a decent commission to other REALTORS®, the higher your chances are of maximizing the return on your investment.

In the end it is your decision, but it seems clearer than ever that staying loyal to one REALTOR® who can protect your interests is the right choice. Even if you do that, you may still end up in a situation where your REALTOR® is in a conflict because you are interested in one of their listings, or they have multiple buyers for that property.

 

The real estate association and some MLAs have tried to stop or limit the changes that have taken away consumers’ choice, but to date they have had little success.

 

Perhaps if enough consumers make their voices heard a change will happen yet again, but for now we are all stuck trying to figure out how to work in this new landscape.

Cam McLeod

Pursuing a successful real estate career in beautiful Prince George has been an amazing opportunity for me. I pride myself on high standards, professionally and ethically, and I work hard to get my clients the results they are looking for. Home renovation projects are a passion of mine, and I enjoy discussing how buyers can adapt properties to suit their needs.

I like to tackle projects that are both creative and technical, and I’m often tinkering with Hot Rods and motorbikes. I also host a local radio show, which has been a great way to express myself. I look forward to the future and to working with you to achieve your real estate goals.

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Chris Lodge

Hi, my name is Chris Lodge and I am in my sixth year of selling Real Estate in Prince George and Fort St. James. I have always loved houses, whether it be fluffing, decorating, renovating, preparing them for sale or selling them I am in my element.

I am professional, knowledgeable and personable and I would love to help you sell your home or help you find one that suit’s you needs. I try very hard to offer my clients a stress-less, drama free Real Estate experience. I will do my best to meet and hopefully exceed your expectations of a Real Estate Professional.

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Crystal Brown

My name is Crystal Brown, REALTOR® at Team Powerhouse Realty. My career as a professional agent began in May 2015. Since then I have enjoyed many successes in helping people buy and sell homes.

I have lived in Prince George for nearly 20 years. During that time I have been actively involved in the community through my business and personal life, and have also taken on a variety of volunteer positions. I have built valuable networks and a deep understanding of the city and its people. I use that knowledge every day when advising residents and newcomers on their next move. Great relationships are the foundation of true success.

I continue to look ahead to the future of real estate with excitement and determination as I see many opportunities for growth in my business, as well as in my community.

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Mark McVey

I am a long-term resident of Prince George and have been selling real estate here since 1997. I am CEO at Team Powerhouse Realty, a company I co-founded in 2007. I have a passion for helping people, and get great fulfillment out of negotiating the best terms for my loyal clientele.

I love sharing my real estate skills and knowledge with others, and am a Buffini & Company Certified Mentor. In addition to my busy work schedule, I am also actively involved in men's soccer, the Cinema CNC Film Festival and PG Roadrunners. I am also a RYT200 Certified Yoga Instructor.

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Brad Messum

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Brian Steinhauser

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Keven Braet

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Ashley Quickfall

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Kristine Newell

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Lindsey Kuemper

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Lori Cruddas

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Matt Steinbach

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Melanie Lupul

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Rick Kerbrat

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Rick Mayhew

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Robin Choi

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Tim Higham

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Don Kehler

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Harry Backlin

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Matt Vigue

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Steve Andersen

Like most realtors I began my real estate career doing residential sales, and since I live on a rural property I really enjoy doing the more complicated country property sales.

While I still enjoy helping buyers and sellers with their housing needs I have transitioned over to doing more commercial sales and leasing. I find this both interesting and challenging and feel my skills are well suited to dealing with complicated commercial/industrial/business real estate transactions.

I endeavour to provide exceptional professional service to my clients putting their needs first so they trust me, enjoy dealing with me and recommend me to their friends and acquaintances.

On a personal level I am married with two children, have lived in Prince George since childhood and have always been a real outdoorsman. Prince George has so much to offer, is a great place to raise children and I really enjoy taking the family on camping and fishing trips throughout the Prince George area and our beautiful province.

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Rolf Van Driesum

Rolf was born and raised in Prince George, BC. A previous career in construction and current involvement in the mining industry provide him with an unparalleled insight into market trends and commercial opportunities throughout the region.

Rolf is driven by a desire to provide leadership in a number of capacities, both locally and internationally. He is engaged in development opportunities in Thailand, Myanmar, and the Dominican Republic as well as in British Columbia. Rolf joined Team Powerhouse Realty in 2011, and has since become part of the management team.

Rolf is also a husband, father to four and grandfather to four. He is a member of the Westwood Church.

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Ashley Woods

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Sarah White

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Rebecca Worthington

I work by referral helping buyers, sellers and investors stay focused on their big picture goals while I focus on the details. Exceptional client care, current market expertise and strong negotiating tactics are paramount to my business. I specialize in family homes and investment properties.

My husband and I were both born and raised in Prince George and are now raising our beautiful four daughters here. This is a wonderful community to be a part of as it has so much to offer.

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