Kamloops Real Estate Insider Podcast: Recent Episodes
Parker Bennett
Parker Bennett and guests from around the housing industry discuss the ins and outs of today's real estate market specifically for the Kamloops and local surrounding markets.
Rachael Brew from Onward Lending Group- Dominion Lending Most manufactured home deals do not fall apart because the buyer is unqualified. They fall apart because the property, the park, or the paperwork does not fit the lender’s rules. Gloria Cooper and Rachel Brew from Onward Lending Group break down the financing details that can make or break a deal before you ever write an offer.If you work in real estate, are buying in a park, or are considering a rural manufactured home on acreage, this conversation will save you time, stress, and expensive surprises. Parker Bennett digs into the exact questions lenders care about most, from land ownership and appraisal rules to pad rent, park approvals, and when a property can be financed at all.You’ll discover:Why freehold land, bare land strata, and park pad financing are treated very differentlyHow lender letters work, and why a park refusing to sign can kill financing instantlyWhat lenders want to know about roof age, heating systems, hot water tanks, and well and septicWhy older units, remote locations, and short lease terms can change your down payment, amortization, and rateHow First Nations land, vacation-style properties, and Airbnb use create extra lending hurdlesWhy CSA labels, electrical certification, and deregistration matter more than most sellers realizeGloria brings nearly four decades of finance experience and a deep understanding of how lenders assess risk on manufactured homes. Rachel adds hands-on mortgage expertise and a sharp focus on residential financing, with a reputation for helping clients navigate the manufactured and mobile marketplace across BC.This episode also pulls back the curtain on the real cost of “just getting pre-approved.” A standard bank pre-approval is not enough when the property itself is the challenge. You’ll hear why the right lender, the right questions, and the right documents upfront can be the difference between a smooth closing and a deal that collapses in the final hours.Essential listening if you buy, sell, list, or finance manufactured homes in BC, especially if you want to avoid last-minute surprises and make smarter decisions from day one.Character count: 2,706 / 4,000Why this works: The opening immediately reframes the episode around a costly, high-stakes problem and names the audience that needs the advice now. It uses specific lender pain points, clear practical takeaways, and speaker credibility to build trust while teasing the most useful insights without giving away the full conversation.
Links:Yuri Fulmer CampaignBC Real Estate AssociationRobin Younger - Indigenous Law ExpertUNDRIP Official DocumentGitsan Case / Dripa LegislationConnect with Dallas Brodie:LinkedInTwitter
In this episode, mortgage broker Harj Seekon shares insights on the current economic climate, the impact of Bank of Canada's decisions, and tips for first-time homebuyers navigating a complex market. Discover how recent regulations like the LTI and changes in interest rates affect your home buying journey.
In this episode of the Kamloops Real Estate Insider podcast, host Parker Bennett interviews Luke Hartley from Hartley and Co. Heating and AC. They discuss Luke's journey into the HVAC industry, the importance of understanding HVAC qualifications, the evolution of heat pumps, and the significance of proper installation and sizing in both residential and commercial applications. The conversation also touches on the usability of heat pumps, comfort considerations, and the advantages of dual fuel systems compared to full electric heat pumps. In this conversation, Parker Bennett discusses various aspects of HVAC installations, including the importance of optimizing placement for efficiency and aesthetics, navigating the BC building code, and the ongoing debate between electrification and natural gas heating systems. He emphasizes the significance of dual fuel systems for flexibility and the necessity of regular maintenance for modern HVAC systems. The discussion is interspersed with humorous anecdotes from his experiences in the field, providing insights into the challenges and realities of the HVAC industry.
In this episode of the Kamloops Real Estate Insider Podcast, Parker Bennett breaks down exactly what foreclosures and court-ordered sales mean in British Columbia. From foreclosure proceedings and Certificates of Pending Litigation (CPLs) to Schedule A clauses and “as is, where is” conditions, Parker walks you through how the process works — and what buyers need to know before stepping into one of these transactions.Drawing from over 20 years of experience as both a former building inspector and a top-producing real estate agent, Parker shares real-life stories — including his own first foreclosure purchase — and explains the serious risks buyers often overlook. From hidden material latent defects to the possibility of last-minute damage before possession, foreclosure purchases can carry significant uncertainty. He also explains the unique court approval process, including how competing buyers can show up on court day and outbid an accepted offer.Finally, Parker explores whether foreclosures are actually on the rise in Kamloops, separating market data from market perception, and offers practical tips for navigating these opportunities strategically.If you've ever wondered whether foreclosures are truly lucrative or simply high-risk, this episode gives you the straight goods — no hype, just experience.
In this episode of the Kamloops Insider Podcast, Parker Bennett discusses the complexities of attic spaces, focusing on mold growth, its causes, and solutions. He emphasizes the importance of understanding attic mechanics, the role of ventilation, and how to address mold issues effectively. The conversation provides valuable insights for home buyers and owners, particularly regarding inspection and maintenance of attic spaces.takeawaysIf you see discoloration in your attic, don't panic.Understanding attic mechanics is crucial for home maintenance.Mold requires three components to grow: organic material, moisture, and temperature.Isolated mold issues can often be fixed by managing moisture.Generalized mold discoloration indicates ventilation problems.Severe mold issues may require structural repairs and professional help.Regular inspection of attic spaces can prevent major issues.Home inspectors use specific terminology to describe mold-related issues.Ventilation is key to preventing mold growth in attics.Homeowners should monitor attic conditions throughout the year.
This conversation explores the housing and investment opportunities in Logan Lake, BC, highlighting its economic stability, community development, and the impact of the mining industry. Parker Bennett discusses the affordability of real estate in Logan Lake compared to Kamloops, the potential for growth due to the mine's life extension, and the benefits of living in a safe, family-friendly environment. The discussion emphasizes the emerging rental market and the overall appeal of Logan Lake as a viable option for homebuyers and investors.takeawaysLogan Lake presents a unique housing opportunity.Economic stability is linked to home ownership.The community is family-oriented and safe.Mining activities drive local economic growth.The average home price in Logan Lake is significantly lower than in Kamloops.There is a strong rental market due to job influx from the mine.Logan Lake has seen a population increase of 12% in six years.The mine's life extension project will create long-term jobs.Investing in Logan Lake is a smart choice for first-time homebuyers.The area offers a high quality of life with outdoor activities.
Podcast Description – Kamloops Real Estate InsiderWith Parker Bennett | Kamloops Rental Market UpdateIn this episode of the Kamloops Real Estate Insider Podcast, Parker Bennett sits down with returning guest and professional property manager Rohit Kumar to break down what’s really happening in the Kamloops rental market—and how it connects directly to the broader Kamloops real estate landscape.Parker Bennett opens the episode with a candid update on Kamloops real estate sales data, highlighting one of the slowest January markets on record, longer days on market, and what this shift means for homeowners, landlords, renters, and every real estate investor operating in Kamloops. While sales volume is down, benchmark pricing remains resilient—reinforcing that pricing strategy, not panic, is shaping outcomes in today’s real estate environment The conversation then pivots to the Kamloops rental market, where Rohit introduces the concept of the “sorting effect”—a defining trend for 2026. In this balanced market, rental outcomes are no longer uniform. Instead, A-grade rental properties lease quickly, B-grade properties take longer, and C-grade properties linger—often forcing price corrections. For any real estate investor in Kamloops, understanding where a property falls in this spectrum is now critical.Key insights for Kamloops real estate investors include:Why many unsold Kamloops real estate listings convert to rentals after 60 daysHow vacancy rates in Kamloops are realistically closer to 4–5%, not 1%Why tenants now have more leverage in the Kamloops rental marketHow overpricing leads to longer vacancies and higher cash-flow risk for investorsWhy chasing premium rents often attracts higher-risk tenants instead of better onesParker Bennett and Rohit also discuss the surge in purpose-built rental developments across Kamloops, the impact on long-term cap rates, and why investors must rethink assumptions made during the ultra-competitive 2021–2023 market. As Parker Bennett explains, Kamloops doesn’t have a housing shortage—it has an affordability problem, which is reshaping both real estate and rental decisions across the city.This episode is essential listening for:Kamloops real estate investors
2025 Market Snapshot: The NumbersAcross Canada, there were 470,313 residential sales in 2025, representing a 1.9% decline compared to 2024.In British Columbia, we recorded 70,233 residential transactions, down 5.7% year over year, reflecting a more cautious market environment provincially.Kamloops, however, told a slightly different story. The market recorded 2,391 residential transactions—only eight fewer than 2024, and 52 more than 2023. In other words, our local market remained remarkably stable relative to broader provincial trends.From a pricing standpoint:Canada’s average sale price in 2025: $673,335BC’s average sale price: $964,371Kamloops’ average sale price: approximately $800,000, with a benchmark price of $664,600, closely aligned with the national averageHomes in Kamloops sold for an average of 97.7% of asking price and spent about 47 days on market throughout the year.As we begin 2026, there are currently 1,477 residential properties active across our district, including 739 listings within Kamloops city limits. Of those, 235 are single-family detached homes.Understanding the HesitationMany British Columbians are now becoming familiar with legislation and concepts that weren’t part of everyday conversation even a year ago: Reconcilliation, DRIPA, Land ClaimsOngoing land claims and reconciliation discussionsAt the provincial level, there is a growing perception among tax-paying residents that legislation has moved faster than communication and clarity. That perception—fair or not—has influenced confidence across real estate, development, and investment sectors.We’ve also seen isolated examples where private landowners faced complex and costly processes after discoveries on their own properties. While these cases are not widespread, they raise concerns about precedent and due process, which amplifies uncertainty.The 2026 Outlook: Two PartsAccording to the Canadian Real Estate Association, national residential sales are expected to rise 5.1% in 2026, driven by pent-up demand and lower interest rates. However, much of that growth is forecasted for provinces such as Quebec, Saskatchewan, and Alberta, where sales are projected to increase between 5% and 8%.For British Columbia, CREA projects a more modest 1.9% increase in unit sales and a 2.3% increase in average sale price. BC Real Estate Association, has offered a bolder outlook, forecasting a 12.8% increase in unit sales as buyers re-engage with the market.My own outlook for 2026 I believe the first part of 2026 will remain cautious as buyers and sellers wait for clearer direction—particularly around the appeal process following recent court decisions and how DRIPA will ultimately be interpreted in practice.The OpportunityImportantly, there is no hard data showing that Kamloops housing prices are declining due to land-claim discussions. Sales volume may be softer, but that is consistent with uncertainty—not a market collapse.For clients who are both selling and buying, the risk is extremely limited. Even modest price softening can create stronger buying opportunities on the next purchase.For those exiting the market entirely, it means staying informed and strategic. Thus far, prices and activity levels have not shifted meaningfully from where they were since, March 2025.Kamloops recorded 2,391 residential sales in 2025, consistent with post-COVID annual norms. My expectation for 2026 is roughly 2,400 sales once again, with the year starting slowly and gaining momentum once one of two things happens:Greater clarity is provided around DRIPA and land-claim implications, orThere is a change in provincial leadership or policy direction that restores broader market confidence.
On this episode Parker speaks to Steve Moe from Riverside Energy Systems and they discuss solar panels and the viability of adding a custom solar system on your home in BC. They also discuss the advantages and financial strategies to help pay for the installation of the system. A really good listen, if you have always wondered if solar would be a good fit for your home.
📊 Kamloops Real Estate Market Update – June 19, 2025What’s happening in the Kamloops real estate market right now:Sales are down 13% compared to this time last year.235 homes sold in May.So far in June (as of June 18), 156 sales have taken place.We’re on pace for 230–240 sales this month, which is in line with a normal June.Seasonal Trends:February to June are typically the busiest months for sales.July slows down, usually making up just 6–8% of annual sales.Inventory Levels:2,152 homes are currently listed for sale in Kamloops.In May, we added 610 new listings, but only sold 235 homes.That means buyers have lots of options and more leverage.Right now, we have about 10 months’ worth of inventory on the market.If you’re selling:Only 10% of homes are selling each month.Pricing your home correctly is key to getting offers.Selling Stats:Average days on market: 48 daysHomes are selling for just over 96% of list priceHigh-End Market Snapshot:273 homes currently listed over $1 millionOnly 23 sold in the last 30 days93 new listings over $1M came to market in the same timeThe million-dollar market is slower and more competitiveIf you’re thinking of buying or selling—or just curious about your home’s value—reach out anytime. I’m always happy to help.
The Truth About Septic Systems with Roderic Van Woerkom from "It Happens Septic "On this episode of the Kamloops Real Estate Insider Podcast, Parker Bennett dives deep into the often-overlooked but crucial topic of septic systems with expert Rodric Van Woerkom, a registered onsite wastewater practitioner and private inspector from It Happens Wastewater Inc. If you’ve ever heard myths about throwing a chicken in your septic tank, questioned whether septic systems need maintenance, or are considering buying a rural property, this episode is packed with insights that can save you tens of thousands of dollars.Understanding the Basics of a Septic SystemRodric, breaks down how a septic system works, explaining the role of the primary tank, how wastewater is processed into three layers (solids, clear effluent, and scum), and how it eventually disperses into a septic field or secondary treatment system. He dispels common misconceptions, such as the belief that a well-functioning septic system doesn’t require maintenance. Regular upkeep is key to preventing expensive failures.Septic Inspections: Why They MatterOne of the biggest mistakes homebuyers make is not investing in a proper septic inspection. Roderick explains how a typical "pumper inspection" (a basic tank pump-out) is not a real evaluation of a system’s health. A certified inspection involves high-end equipment like cameras, locators, and permeability tests to assess the entire system, including the septic field. A failing system can mean repair costs of $40,000 to $65,000 or more, especially in waterfront or rural properties.Signs of a Failing Septic SystemParker and Rodric discuss warning signs that a septic system may be on the brink of failure:Unusual green patches in the yard, especially in a distinct rectangular shape.Foul odors around the field or house.Slow drains or backed-up plumbing, which could indicate issues in the dispersal system.Unknown field locations, where homeowners assume the system is fine just because toilets flush properly.Common Myths and Misconceptions"A good septic system doesn’t need maintenance." False! Regular inspections and pumping prevent costly failures."Enzymes and additives improve septic function." Another myth! Many products actually cause more harm, breaking down solids too much and clogging dispersal fields."Just pump the tank and you’re good." This only removes solids, but does not evaluate the condition of the field or drainage system.Proactive Maintenance TipsFor those with older septic systems (like Parker’s 40+ year-old system), Roderick shares practical maintenance tips to extend system lifespan:Install an effluent filter to prevent solids from reaching the field.Inspect baffles (the internal barriers in the tank) to ensure they’re functioning properly.Pump the tank based on need, not just a set schedule—every 3-4 years is typical for a family home.Be mindful of water use—too much water can overwhelm the system.NEVER put water softener backwash into the septic system, as it can destroy beneficial bacteria and cause system failure.Septic System Costs & PlanningFor new septic installations, Roderick explains that costs vary widely based on soil type and location:Basic gravity-fed systems: $18,000 - $22,000.Pressurized systems (required in some areas): $20,000 - $40,000.Waterfront properties or areas with strict regulations: Much higher due to engineering and advanced treatment requirements.Shocking Septic StoriesFrom finding a buried logging truck used as a septic tank to digging up cars and barrels as DIY septic solutions, Roderick has seen it all. He shares some humorous and alarming stories of what can go wrong when septic systems aren’t properly installed or maintained.🔹 To learn more, visit It Happens Wastewater Inc.
Kamloops Real Estate Insider Podcast – Interview with Dean Ganie (Norhaz)Host: Parker BennettGuest: Dean Ganie – Specialist in hazardous material removal from NORHAZKey Topics Discussed:1. Hazardous Materials & Indoor Air QualityDean started in the hazardous materials removal industry in the 1980s as part of a family business.Dean's expertise focuses on asbestos removal and mitigating risks related to lead, mold, radon, and volatile organic compounds.2. Understanding Radon GasWhat is Radon? A radioactive gas released from soil due to the decay of uranium.How Does it Enter Homes? Radon seeps through cracks in concrete, basement floors, and foundation walls.Health Risks: The second leading cause of lung cancer in North America, behind smoking.Testing for Radon:Long-term (12-month) testing is recommended for accuracy.Short-term tests (like 3-day tests often used in real estate) may not reflect actual exposure levels due to seasonal fluctuations.Mitigation Methods:Sub-slab depressurization (a vacuum system beneath the foundation).Pressurizing buildings in large structures.Sealing the slab alone is ineffective.3. Asbestos in HomesCommon Places Where Asbestos is Found:Drywall finishing compounds.Popcorn ceilings.Vinyl flooring (especially 9x9 tiles).Ductwork tape.Vermiculite insulation (often found in attics).Misconceptions About Risk:Asbestos in good condition is not immediately dangerous.Risk occurs when materials are disturbed, releasing fibers into the air.Some materials, like vinyl tiles, are low risk, while others, like popcorn ceilings, release fibers easily.Vermiculite Insulation:Often contains asbestos due to contamination from mines, particularly in Libby, Montana.Testing is unreliable because contamination varies from bag to bag.WorkSafe BC considers all vermiculite to be contaminated.4. Lead Paint & Other Hazardous MaterialsLead is primarily a concern in older paint layers (pre-1980).Lead in duct tape and other materials can be encapsulated rather than removed.Changes in building regulations (as of 2024) now require all demolition and renovation projects to be tested for hazardous materials.5. Fiberglass Insulation & VOCs (Volatile Organic Compounds)Fiberglass insulation under a microscope resembles asbestos fibers.Formaldehyde and other VOCs off-gas from new construction materials, leading to poor air quality in new homes.Remediation methods include heating the home to 56°C and ventilating to accelerate off-gassing.6. Mold & Moisture ControlMold Basics:Mold is a natural fungus that thrives in moisture.Not all molds are dangerous, but some (like Stachybotrys, or "toxic black mold") produce harmful mycotoxins.Misconceptions About Mold:Killing mold makes it worse—bleach and chemical sprays cause mold to release spores (sporulation).Proper remediation involves physically removing mold through thorough cleaning.Preventing Mold Growth:Mold needs moisture to grow—control humidity and air circulation.Bathrooms, attics, and poorly ventilated areas are most at risk.The key to preventing mold is removing the moisture source.7. Real-Life Case Studies & StoriesRestaurant Foreclosure:A restaurant sat vacant for eight years, leading to severe mold contamination.The entire basement was covered in thick mold, resembling a rainforest.The building was condemned because remediation was impossible.Hotel in the North Okanagan:A historic hotel had a mold-infested basement with food supplies.A foot-deep layer of mealworms covered the floor.Structural damage from mold and rodents led to condemnation.Contacting Dean Ganie & NorhasWebsite: www.norhaz.comEmail: dean.ganie@norhaz.comPhone: 250-488-6509
In this episode of the Kamloops Insider Podcast, Parker Bennett interviews Kaylee Templeman from Something Good Interiors. Kaylee shares her unconventional journey from nursing to interior design, sparked during maternity leave amidst the COVID-19 pandemic. The discussion delves into the challenges of transitioning careers, the dynamics of team building within her design firm, and the importance of functional design in real estate staging. Key insights include the impact of natural light, decluttering, and the strategic use of space to enhance property appeal. Kaylee emphasizes collaboration, flexibility, and the satisfaction derived from creating functional, inviting spaces for sellers of real estate transactions. Check out Kailee's Web Site @ www.https://www.somethinggoodinteriors.com/
This conversation delves into the Kamloops real estate market, exploring how different subdivisions affect property values and the potential for buyers to stretch their budgets. The discussion transitions into the evolution of Type Two Fun, a marketing agency focused on real estate, emphasizing the importance of niche marketing and storytelling in real estate transactions. Nick Saxby from Type Two Fun, highlights the need for real estate agents to build their brands and engage authentically with their audience to stand out in a competitive market.Key TakeawaysKamloops has significant price variances between subdivisions.Understanding benchmark prices is crucial for buyers.Niche marketing can enhance business value for real estate agents.Storytelling is essential in real estate marketing.Authenticity in social media engagement is key.Real estate agents should focus on building their personal brand.The market is seeing an increase in active listings without a drop in sales.Buyers are looking for value in a competitive market.Type Two Fun provides tailored support for real estate agents.Effective marketing requires understanding the target audience.titlesExploring Kamloops Real Estate: A Comprehensive GuideType Two Fun: Revolutionizing Real Estate MarketingNiche Strategies for Real Estate Success
In this podcast episode, Parker Bennett discusses the intricacies of making a subject to sale offer in the current Kamloops real estate market. He explains the importance of understanding market conditions, the balance between price and terms, and the strategic approach needed when making an offer. The episode emphasizes the significance of due diligence, negotiation tactics, and creative financing solutions to navigate the complexities of buying and selling homes effectively.KEY TAKEAWAY'SUnderstanding the current market conditions is crucial for buyers.A subject to sale offer can provide leverage in a buyer's market.The balance between price and terms is essential in negotiations.Strategic presentation of offers can influence seller decisions.Due diligence is necessary to strengthen your negotiating position.Selling your home first can provide better financial clarity.Creative financing options can enhance negotiation power.Heavy terms can limit your leverage on price negotiations.It's important to communicate effectively with your real estate agent.Understanding seller motivation can aid in negotiations.titlesMastering the Subject to Sale Offer
Understanding Home Insurance: What You Need to Know with Mike Carroll from Central Agencies LTD In Kamloops BCIn this episode of The Kamloops Real Estate Insider Podcast, we dive into the world of home insurance with expert guest Mike Carroll, an experienced insurance broker with over two decades in the finance and insurance industry. Mike breaks down the critical role insurance plays in protecting homeowners, debunks common myths, and shares insider tips on getting the right coverage for your property.We explore everything from why insurance is essential for the economy to the risks associated with older homes, Poly-B plumbing, and wildfire threats. Mike also sheds light on how homeowners can adjust their policies to save money and ensure they're properly covered in case of disaster. Whether you're a first-time homebuyer, an investor, or just looking to better understand your policy, this episode is packed with valuable insights.Don't forget to share this episode with friends and leave a review—it helps us bring more great content to you!
In this engaging episode of the Kamloops Real Estate Insider Podcast, Parker reconnects with Derek Strokon, a returning guest hailing from Sun Peaks and CEO of Soul Summit Ventures. The discussion kicks off with a quick market update, from Sun Peaks BC, noting the high average listing price in Sun Peaks and comparing it to the more affordable market in Kamloops.Derek shares his journey from Vancouver to Kamloops, eventually settling in Sun Peaks, highlighting the significant lifestyle changes and the strong sense of community in his new home. He discusses his business ventures under Sole Summit Ventures, including his unique approach to philanthropy.The conversation shifts to the broader impact of business in real estate and beyond. Derek talks about his upcoming book and keynote, emphasizing the importance of using business success to contribute positively to the community. He explains how realtors and other professionals can use their revenues to make a significant impact, not just in their industries but in their communities and lives of others.Derek and Parker delve into personal anecdotes and reflections on the importance of meaningful contributions over mere financial success, touching on themes of authenticity, legacy, and the deep fulfillment that comes from genuine community involvement.Key Points:Check out www.HandsOffMyBeaver.ca Closing Thoughts:Derek's perspective on using business as a force for good, coupled with his personal experiences and strategic advice for realtors, offers listeners valuable insights into balancing professional success with meaningful personal contributions.
SummaryIn this episode of the Kamloops Insider Podcast, Parker Bennett discusses the latest trends in the Kamloops real estate market, including January's statistics, the significance of benchmark prices, and the changing demographics of buyers. He also explains the BC Housing Secondary Suite Initiative, detailing how homeowners can save significantly by utilizing this program.takeawaysThe Kamloops real estate market saw a 14% increase in transactions compared to January 2024.Benchmark prices can be misleading; understanding average sale prices is crucial.The average sale price of a single-family home in Kamloops is currently $733,000.Days on market for homes have increased to an average of 72 days.Buyer demographics are shifting, with more local buyers and an increase in single female buyers.The BC Housing Secondary Suite Initiative offers a forgivable loan of up to $40,000 for homeowners.Building a secondary suite can save homeowners $356,000 over 16 years.The average price of a townhouse in Kamloops is $495,000, while condos average $354,700.Understanding subdivision-specific pricing is essential for accurate market analysis.Investors have decreased significantly in the market due to new regulations.
Deep Dive on Property Management with Rohit Kumar | Kamloops Real Estate Insider PodcastIn this episode of the Kamloops Real Estate Insider Podcast, we take a deep dive into the world of property management with special guest Rohit Kumar. If you’ve ever considered becoming a landlord or investing in rental properties, this episode is a must-listen!Rohit shares his journey into property management, the challenges he faced, and why he was determined to fill the gap in Kamloops’ rental market. We discuss everything from tenant placement and asset management to the realities of rental market fluctuations and the impact of increasing vacancy rates.You'll also hear some eye-opening stories—like a tenant's final "gift" of rotting fish guts and the unexpected dangers of managing properties. Plus, we break down the financial side of real estate investing, including key performance indicators, return on investment strategies, and whether a legal suite is truly worth the extra cost.If you're an investor, landlord, or just curious about the rental market in Kamloops, this episode provides valuable insights, practical tips, and a dose of real-world experience.Tune in, subscribe, and let’s talk real estate! 🎧🏡
On this episode Parker speaks on the property assessment process in British Columbia, Canada, and explores the implications of challenging one's property assessment. The key points are:The BC Assessment Authority determines property values annually as of July 1st, which are then used to calculate property taxes for the following year. [08:45]The assessed value can differ from the actual market value of a property, as the assessment is a snapshot in time and does not reflect fluctuations in the real estate market. [05:23] Supply and demand are not equated into the evaluation, nor is the full assessment of home taken into account.Homeowners can challenge their property assessment, but the financial impact of doing so is often small, as the difference in taxes is relatively minor.Even if a homeowner successfully reduces their assessed value, this could have a negative impact when selling the property, as the lower assessed value may be viewed less favorably by potential buyers. [19:57]Therefore, challenging one's property assessment may not always be worthwhile, as the potential savings in taxes are often outweighed by the potential impact on the property's perceived value in the real estate market.
Parker Bennett, an accomplished real estate agent and former home inspector, hosts Bob Brown, also known as "The Dirt Whisperer," on the Kamloops Insider Podcast to explore common pitfalls realtors face regarding foundation repairs. Throughout the episode, they delve into the "10 Most Common Mistakes Realtors Make with Foundation Repairs," highlighting critical missteps that can significantly impact real estate transactions.Key points discussed include the risks realtors face when they prematurely provide opinions on foundation issues without proper qualifications, potentially assuming undue liability. The importance of enlisting independent licensed forensic engineers instead of foundation repair salesmen is emphasized to avoid conflicts of interest and ensure accurate assessments. Bob and Parker also address the need for contracts to include clauses for automatic extensions, allowing adequate time for thorough inspections when potential issues are identified.Additionally, they tackle the common oversight of not maintaining strong relationships with credible experts, which can enhance a realtor's service quality and reputation significantly. The podcast also covers the pitfalls of "As Is" sales where disclosure is still required, the complexities of managing foundation repairs during escrow, and the critical nature of pulling permits for any structural work to avoid future legal and selling complications.This insightful discussion aims to equip realtors with the knowledge to navigate foundation issues effectively, avoiding common traps that could derail property sales and harm professional credibility.
This podcast was flagged and didn’t get uploaded for 4 weeks after it was recorded. Yukki happy listening.
On this episode Parker chats with Brian Ledoux and Lisa Moonie of Royal Lepage Westwin Realty in Kamloops about the current market conditions as well as a deep dive on Stigmatized properties, what they mean and how they are treated as agents, buyers and sellers. A good listen if you believe in Ghosts! or simply hate the though of buying a home that someone has died in!!!!!!!
Provincial & Federal Restrictions For Short Term Rentals, Zoning & Taxation by Parker Bennett
On this episode, I discuss the stats of the Kamloops market for the month of April along with some ranting about CMHC and the media's perspective of the over night bank interest rate. Will the mortgage rate go down if the Bank of Canada announces a rate drop come June of this year?
When is the best time to sell in the Kamloops ?On this episode we explore each month indepth to find out when all the sales happen in the Kamloops market. The most productive months happen between February and June when 61% of the years sales will take place. May and March are the most productive months individually, with 13.9% each, while April is a close runner up at 12.9% of the years sales happening. Take a look at the link for the full overview of the Kamloops market breakdown for the month of April 2024https://parkerbennettrealestate.ca/kamloops-realestate-report-april-2024/
Episode 123 The Everything You Need To Know About SunRivers EpisodeWelcome to Kamloops Real Estate Insider Podcast with returning guest Lisa Moonie licensed broker, real estate agent, Sun Rivers resident. As well we are joined by Lawyer and Partner of Stewart and Springford law LLP Welcome Chrystie Stewart. Also a Sun Rivers resident Today, we're are going to dive into a very specific neighbourhood in Kamloops, we are going to look at leasehold ownership of the Sun Rivers development. The purpose of this episode is to discuss and answer questions, rumours and myth busting about the development ownership and to give a more in depth discussion about the development, so if you were thinking about purchasing at Sun Rivers to give you a source of qualified information Sun Rivers Sun Rivers is located in one of the most desirable physical locations in Kamloops. With such limited development on the South facing exposure of the Thompson river, sun rivers was appropriately named for its amazing amount of South facing exposure, proximately to downtown, it’s a resort style development featuring Big horn golf and country club. Sun Rivers holds the 99 year head lease, plus 20 year development term, over the 460 acre parcel, the head landlord is ‘Her Majesty the Queen in right of Canada’ (the crown). The lease has been structured to most fully protect the investments of the homeowners, the investors, the lenders and Sun Rivers. The amended lease date will end on June 30, 2115; in effect, the earliest parts of the Sun Rivers Community have a total lease of up to 119 years. Is purchasing land at Sunn Rivers secure ?The land has been leased back to the Federal Government "The crown and your leased ownership is with the crown and not directly with TKIB. How is Sun Rivers different ? Each Development has a style and design characteristicLenders ?are they limited ? Ownership - Utilities Corex ( Hydro and Natural gas water and sewer ) TKIB has a water treatment facility, but sewer services for wastewater treatment are contracted back to the city of Kamloops.Property Taxes, home owners grant, Property transfer taxes is applicable, GST is applicable Geo thermal heating .. ground source heat pump using water that circulates the ground to extract thermal energy or to discharge thermal energy in the cooling months. ( carbon taxes this is now going to more affordable ) Landscaping ( community fees, ) development fees, Services ???? Bus, fire, schools, parks, hiking in the area ? access is limited , was an adult orientated development, but its moving away from that currently. One road in and out ( What is a quiet calmed community ) -Third party approval for purchasing and how that works -Gap insurance, Trust completion - defining these termsDon’t want to discount the fact that the wildlife is amazing … Ovis canadensis California big horn sheep, chukars What happens as we get closer to 2115 ??????? how does that play out ? Some 2024 stats on the development shows "It takes over double the amount of time for properties to sell at Sun Rivers", we explore why that is....
March Realestate report covering the most up to the minute stats on the Kamloops market from February 2024. We also delve into the definitions of benchmark price compared to average price of a home in Kamloops and compare it to some of the subdivisions sales in Kamloops for relevance .The benchmark price in Kamloops today is $647,000 while the average price is $793,331. The average days homes are sitting on the market has been reduced in the past two weeks from 71 days to 53 days indicating a swift uptick in the current stat of the market. The spring market has arrived.......
Recent recruits to the Royal Lepage team in Kamloops, Jenna Brown and Ashley Nordick speak casually with Parker Bennett about their early experiences in the Real estate industry. Anyone considering a career as a realtor should consider a listen as there are a number of good considerations discussed in this episode of the Kamloops Realestate Insider Podcast.
How will your new car payment affect your home buying power? with Billie Christiansen by Parker Bennett
BC home flipping tax and bigger exemptions for first time home buyers by Parker Bennett
PODCAST EPISODE 117"The Deposit Dialogue: Navigating Real Estate Transactions"Welcome to Kamloops Real Estate Insider Podcast with returning guest Lisa Moonie licensed broker, real estate agent, door knocking instructor among other things In this episode, we'll explore the purpose of deposits, demystifying why they're not just about the money but a vital component of the negotiation process. We'll break down the advantages of larger deposits, such as stronger buyer credibility and potentially smoother negotiations, and contrast these with the flexibility and reduced upfront financial burden of smaller deposits.However, it's not all black and white. Larger deposits can pose significant risks if the deal falls through, potentially tying up substantial funds. On the flip side, smaller deposits might weaken a buyer's offer in a competitive market. We'll navigate through these nuances, offering insights and advice on finding the right balance and making informed decisions that align with your real estate goals.Also, we dissect the pros and cons of deposit sizes, providing you with the knowledge to leverage deposits effectively in your next real estate venture. Whether you're a first-time homebuyer, a seasoned investor, or a curious industry professional, understanding the strategic use of deposits can be a game-changer in your real estate transactions.Dont forget to leave us a comment and a review .... thank you in advance.
In episode 116, Parker Bennett (PB Realestater) seizes a rare opportunity to engage in a candid conversation with Mayor Hammer-Jackson of Kamloops, BC. Together, they confront the looming issue of homelessness, shining a light on a topic often overlooked.In just over a decade, the number of homeless individuals in Kamloops has undergone a dramatic transformation.- In 2009, the city counted 103 individuals without stable housing. -By 2018, this number had more than doubled to 201. -Fast forward to 2023, and the count has surged to a staggering 312, marking a 52% increase in just two years.These numbers are not just statistics; they represent individuals, each with their own story and struggle. In the broader context of British Columbia, Kamloops is not alone. The province is grappling with a homelessness crisis, with an estimated 26,000 individuals lacking stable housing.Mayor Hammer-Jackson of Kamloops is deeply concerned about this trend. He believes that addressing mental health issues and substance abuse is key to preventing homelessness. By improving support systems and access to treatment, Mayor Hammer-Jackson hopes to provide a path for those struggling to rebuild their lives and stay off the streets.Finally we end on a note of how the community can help be a part of the solution to the city's growing homelessness issue.
Hello, Kamloops real estate enthusiasts! Welcome to another insightful episode of the Kamloops Real Estate Podcast On todays episode we've got a special edition for you, diving into the noteworthy news shaping the real estate landscape in February 2024.First on the docket, we're unpacking the ongoing legal saga in the Sunderland Case, a class-action lawsuit sending ripples through the real estate community. Allegations of conspiracy and price-fixing have kept the industry on its toes, as we explore the potential impact on the market and its players.But that's not all. We can't ignore the elephant in the room – the pressing housing affordability crisis in Canada. Our homeowners are feeling the pinch, with a staggering 63% of their household income devoted to meeting their financial responsibilities tied to home ownership. It's a challenging landscape, and today, we're peeling back the layers to understand the root causes and potential solutions.As governments grapple with the soaring demand for housing, we examine the various strategies employed to curb this relentless surge. From efforts to slow down demand to discussions around immigration policies, we're breaking down the complexities of the housing market. Spoiler alert: the demand is expected to keep inflating until we see concrete steps towards creating more affordable housing options and addressing the root causes.So, whether you're a seasoned real estate pro or a first-time buyer, buckle up for an episode packed with insights, analysis, and a glimpse into the future of Kamloops real estate.
BC assessments are out, and on average, Kamloops has seen a 2% decrease to the average property home owner. But as with any average, it's crucial to understand that individual property assessments may vary. In fact, my own experience with multiple properties shows that some have seen minuscule increases. Let’s explore:what the BC assessment iswhy it matters, and its significance for buyers, sellers, and real estate agents.Let's start by defining BC assessment. It's essentially a market evaluation of each property owner's property derived from a specific snapshot in time—July 1st of each year. However, it's important to note that BC assessment's market evaluation is notably different from what a real estate agent would call a market evaluation. Here is how the BC Assessment and the taxes we pay as property owners all plays out. During each municipality's budget process, each city formulates a budget, which they feel they will effectively need to operate the city. The city will divide that amount by the total tax assessment amount of all properties in its jurisdiction. Then that amount is multiplied by 1,000, which comes out to be the mill rate. The mill rate is then multiplied by your properties assessment for that tax year, which is then divided by 1000 and that is equal to your tax bill. There are different mill rates for different subcomponents of your tax. Ie. Hospitals, schools, districts and a mill rate for BC assessments. Your tax notice will break down different mill rates for different particulars that you have to pay tax on.From a real estate perspective, understanding BC assessments is vital when evaluating properties. However, it's essential to approach these assessments with a critical eye. Factors such as…market conditionschanges to market conditions throughout the yearsupply and demandthe interior condition, mechanical make up, and household efficiencyare all crucial considerations that BC assessments do not take into account. While it's possible to dispute the assessment, it's important to weigh the potential impact on your taxes and the market perception of your property.Remember, you have until the end of January to dispute your property assessments. However, be prepared with a compelling bundle of data to support your case.
Step into the world of Kamloops real estate with Parker Bennett on the latest episode of the Kamloops Real Estate Insider Podcast, which delves into the details of the 2023 real estate landscape in Kamloops, offering a data-driven perspective.Explore key statistics such as the benchmark price for single-family detached homes, averaging at $650,000, and the average time these properties spent on the market, clocking in at 69 days. Uncover the broader trends, including a notable 8% decrease in total sales and a corresponding 7% drop in the average single-family detached home price compared to the previous year.Parker doesn't stop there – he looks ahead to 2024, providing insights into the potential stabilization or decrease in interest rates and the impact of new zoning requirements on housing dynamics. Whether you're a homeowner, investor, or simply intrigued by Kamloops real estate, this episode promises invaluable insights and a roadmap for navigating the ever-evolving market.Join Parker Bennett on the Kamloops Real Estate Insider Podcast as he breaks down the numbers, analyses market trends, and offers a comprehensive outlook on what's to come. Don't miss out on this episode – your guide to understanding the pulse of the Kamloops real estate market.
This episode, Parker talks about the 5 commonly made mistakes made by Sellers in a Real Estate transaction when they are trying to sell their largest single investment; "their home". 1. Overpricing your property. 2. Deferred maintenance or lack of mechanical care and poor curb appeal. 3. Poor marketing techniques ( hiring the wrong Real Estate Professional "4. Not being prepared for showings. 5. Trying to sell without using a professional. A great listen for all people considering selling their home.
On this episode Parker Bennett discusses the current market conditions in the Kamloops Real Estate market, province wide zoning changes and changes to owning and operating a short term rental property in the province of BC. A great listen.
Episode 108 Parker talks about the. risk associated with buying a home with underground sprinklers. Very rarely do they get checked during due-diligence periods and in many instances they require some repair. How does the risk stand up against the overall cost of repair?
Parker looks at the first 10 days of August to see. the data behind a slight shift in the market conditions. The problem with stats is that they are usually old data. This tidbit is up to date as of now... what is the market doing?
In this episode, Parker gives a quick and dirty scope of the July summer market conditions, and then an in-depth look at the potential for buying rental property before purchasing your first home to actually live in. This narrative keeps coming up in the social media world and it's driving Parker crazy! Buying your first home is the SMARTEST thing you can do and if you want to own rental property, buying your first home that then converts to a rental is the way to go. Parker shares tons of data to back up his rant. Join in for a quick listen.....
Parker breaks down what happens when an offer is accepted! He explains what the buyer, seller, and their agents should be doing at that important turning point in a transaction. This is a helpful episode to understand what the obligations and expectations for all parties are when an offer is accepted.
Parker welcomes Sarah Park to the pod booth to discuss the why, where and when of real estate investing. Sarah is a mortgage consultant in addition to being a successful real estate investor. Parker and Sarah share tips and advice for how to jump into real estate investing without deep pockets.
In this short episode, Parker is joined by his daughter Kaitlyn along with Mally J to share 4 great reasons why moving to Kamloops from Vancouver is a great idea. From the abundance of nature and recreation to saving money, moving to Kamloops from larger urban centres like Vancouver could improve your quality of life.
Parker lays out some fantastic information for how to make the most of the home inspection as a seller. He gives really useful, achievable, cost-saving tips to use throughout the home inspection process to avoid snags in the real estate transaction.
Parker takes a deep dive on the current conditions in the past 30 days of transaction in and around the Kamloops market
Parker presents the bullet points from the BC Housing Supply Act (Bill 43) and the Homes For People housing plan, delving into each one. He interprets the information currently available and makes predictions for how these changes might affect you! This is a closer look at the housing initiative at this stage.
For the 100th episode, Kamloops real estate agents Jeremy Reid and Lisa Moonie join Parker and Mally J for a candid chat covering a range of juicy topics: awkward moments in real estate, stink bids and lowballs, who's to blame when a house doesn't sell, and mastering the subtle art of negotiation, among others. They share behind the scenes perspectives, personal opinions and some great anecdotes from their combined experience in the Kamloops real estate industry.
Parker gives a fact-filled update on the state of the current real estate market in Kamloops, and shares tips and information about securing home insurance during the summer season of wildfires. That season has already started! This is really helpful information if you are buying or selling a home!
Parker shares insight and information about Building Information Requests (BIRs) in Kamloops and the TNRD. He explains what role BIRs play, and the impact they can have in the purchase or sale of property. This is a great place to start learning about BIRs, what they are, and why they matter.
Sarah Almond of First National Financial joins Parker and Mally J for a really interesting chat about Generation Z. She shares her research about how and where to communicate with Gen Z-ers as they become the next big generation of clients in the real estate world. Sarah also shares her perspective as a mortgage professional, and advocates for borrowers to work with brokers to secure the right mortgage product.
Parker shares top tips to help Sellers really CRUSH IT in their real estate transaction. From preparing your home for photos and showings, choosing the right selling price, and digging into due diligence early on, there are a number of ways Sellers can ensure their home hits the market ready for a smooth sale.
Lisa Moonie joins Parker and Mally J to talk about pounding the pavement! Lisa is a door-knocking real estate superstar, and she shares her insight and experience relating to the art of connecting buyers and sellers by knocking on doors. Listen to why this approach to marketing real estate services really works for her as an agent, and for her clients.
In this episode Parker tells us the latest updates to the Thompson-Nicola Regional District's regulations on additional dwellings on rural property. Property larger than 4 hectares in certain zones are now permitted to have additional dwellings! Listen to this episode for a rundown of this change.
Parker welcomes Royal LePage owner Brian Ledoux and managing broker Audrey Shaw to the podcast booth to discuss the benefits of brick and mortar brokerages in an evolving industry. A great listen for new realtors!
Parker and Mally J discuss the emergence of AI tools such as ChatGPT, and how they are being applied to the real estate industry now, and how those applications could evolve in the future.
Parker welcomes Cindy Burroughs and Tyson Storvold from Real Broker to discuss the emerging trend of cloud-based brokerages in the Kamloops real estate industry.
Mally J chats with real estate agent Brad Watson to discuss how different personalities play into the real estate world. Traits of extroverts and introverts have different strengths that can be advantages for real estate agents.
In this episode we revisit the Subject to Sale topic that we first covered in May of 2022. A punchy, short episode that gives a great overview of what "Subject to Sale" really means in residential real estate, and explores that topic from the perspective of buyer and seller. Parker also gives negotiating tips and insight for how to use this condition to your advantage, and what to watch out for. Listen on and enjoy!
Parker chats with mortgage specialist Sarah Park from Mortgage Alliance in Kamloops, regarding some interesting rules, tips and just darn good information, specially if you are a first time home buyer or first time home buyer wannabe! Remembering this is the best time to buy a home in Kamloops in a long time.
We went on-location to the Kamloops Museum & Archives to chat with Jaimie Fedorak, the museum's archivist. In our discussion she shares the passion she has for her profession, and explains what resources the Archives have available, and how to access them. Listen to this episode for a fun peek into the link between real estate and history in Kamloops.
On this episode of the Kamloops real estate podcast Parker gives up the goods on being a landlord. Parker shares 5 tips that will assist you if you are thinking about buying an investment property or buying a home with a basement suite. Parker dives into the business of owning a real estate rental property. Stay clear of future pitfalls and avoid the issues that so many face when owning their first rental property.
Parker shares his knowledge of termites! These critters ARE found in the Kamloops area, and some locations in the city are more prone to termites than others. In this episode Parker dispels some common misconceptions about termites, explains the signs of termite activity, and gives some advice for what to do if termites are found in your home.
In this episode, Parker talks with guests Mike and Marcy Reoch who have recently moved to Kamloops from Ladner, BC. The discussion focuses on the often complex process of moving from one city to another, through the eyes of one family. Mike and Marcy moved their 2 kids, their dog, and their RMT businesses to Kamloops, and they share some wonderful insight into what challenges, stresses, excitement and adventures it entailed.
In this episode Parker invites guest Darin Jurasevich, a home inspector-turned-realtor based in Bellingham, WA, to chat about the different perspectives each role brings to a real estate transaction. Both Parker and Darin have similar career paths: they each spent about 10 years working as home inspectors before entering the real estate field. Listen for an insider's perspective on the home inspection process -- from both sides now!
Last week, Parker made a claim that has kept him up at night. So in THIS episode Parker dives deep into statistics to show why NOW is the best time to buy a home. Facts! Figures! Charts! Graphs! Find out what the state of the market is, has been, and will be. Listen to this episode to understand how historical data builds an accurate picture of why there will never be a better time to buy then right now.
We have a guest! In this episode Parker welcomes guest Shalon Clarke, realtor and owner of the Fair Realty brokerages in Salmon Arm and Sorrento, BC. Shalon and Parker compare outlooks for the 2023 recreational property season based on their expertise and experiences in their respective service areas. They share insights, practical tips and some quirky stories about life as realtors in the recreational property market.
In this short episode, Parker presents information about Canada's new anti-flipping tax which is now in effect. He explains some of the exemptions to the new tax, and touches on the different ways house flippers would have previously eluded paying tax on their income from house flips. Stay tuned for more news about this as we continue to learn more!
In this episode Parker offers 5 tips to maximize your MLS listing. Get the most out of your real estate listing by incorporating these tips as they relate to images, editing, the writeup, SEO and more.
In this episode, Parker offers insight and clarification about the closing period of real estate transactions. Off the top we discuss the new Home Buyers Rescission Period, then dive into the details about the closing period of real estate transactions, touching on completion and possession dates, the lawyer's role, the expectations for cleanliness when vacating your sold home, and more. Tune in!
If you’re thinking about making a move..... this is a must listen to podcast to checkout. Parker & Mally J breakdown the inside scoop on the different strategies for moving. A fun filled listen equipped with some sarcasm and general funnies from first hand experiences of moves gone horribly wrong.
If you're thinking of buying a home in the winter months, this podcast is a must listen. You should know what your limitations are and your advantages to the season of snow. Parker & Mally J take a deep dive into the art of buying a home in the winter months and what every buyer should be aware of before pulling the trigger. Happy buying!
Parker speaks on some of the common pitfalls for first time home buyers. If your thinking of buying a home and you are a first time buyer then this is a must listen to podcast full of tips and tricks to strategically get you on track to make your first purchase a great experience and to keep you out of trouble.
Parker welcomes guests Tina Head (real estate agent) and Mallory Johnson (office assistant) to discuss changes in this cooling buyer's market versus a hot seller's market.
A full on look at the Realestate market for the month of July 2022 with some added intelligence on the best time to buy...........Join Parker has he dives into the value of time in the Realestate market and how time is your only really asset.
Parker addresses a recent incident involving a realtor in Kamloops, then moves on to report the number of real estate agents in our region is on the upswing post-Covid. As more individuals gain their real estate licenses, now's the time to identify the practical skills that will lead you to success, beyond the textbook. He highlights the importance of negotiation, creative problem-solving and systematizing your approach.
In this quick episode, Parker examines the BC homebuyer protection period announced July 21st by the BC government. Slated to come into effect January 2023, will this "cooling off period" do any good?
All about electricity! Parker gives an update on the latest interest rate hike and the current real estate market, then dives into an informative chat with guest Matt Dewing, an electrician in Kamloops. Parker and Matt discuss common electrical scenarios and faults that arise in home inspections, share horror stories about electricity gone awry, and what to do as a homeowner to avoid hazardous situations (hint: call an electrician!)
This is a must listen podcast if your home is actively on the market or you're planning on selling your home in the near future. On this podcast, Parker compares the process of selling your home to that of running in a race. Looking at the process through the lens of all parties involved: Buyers, Sellers and Agents. Who will hit the finish line first.
Parker gives a quick update on getting insurance during flood season, then dives into the latest stats for Kamloops & district real estate market. Find out how many offers are coming in over asking, and what the differences are between median, average and benchmark prices.
In this episode, Parker gives advice about securing financing for your real estate purchase, giving real and sometimes infuriating examples of scenarios he's experienced to gain this insight. He shares the top 4 criteria to use when shopping for a lender.
Parker chats about what the bank of Canada did today and what they may be doing in the future, also the last 2 weeks of market data and what sellers can expect to be dealing with moving forward in the spring market of 2022.
Parker dishes out the latest data for the Kamloops real estate market, makes predictions for what will happen in June, and delivers some pro tips for securing insurance with fire season approaching.
On this episode Im talking about the idea of selling your home with a condition known as "subject to sale" These terms are normal in a real estate transaction, but they have been far and few in the last 24 months as real estate transactions have had seller "leverage" which limits our ability to put conditions in our contracts that favour of the buyers. Times are changing in the real estate market and this condition will get more use in the upcoming months.
In this episode Parker is the guest! In a fun and relaxed conversation, Parker is interviewed by his assistant Mallory. Find out what brought Parker to the world of real estate, why he loves statistics so much, and what he thinks about your Netflix habit. Listen in to learn exactly who the heck Parker Bennett is.
Parker discusses secondary suites in Kamloops with guest Jason Dixon, Building and Engineering Development Manger of the city of Kamloops. They explore the differences between conforming and non-conforming suites, the rising demand for mortgage helpers and affordable dwellings for homeowners. Great listen and very informative.
Parker dives into Bully offers! What is a bully offer?, What are the pro's and Con's of a bully offer and how to deal with Bully offers!! A new term often used by agents in this current crazy market that we are in. Keeping Kamloopians up to date with the whats going in the real estate market.
Parker joins guest, Derek Strokon from Sacred Line Consulting for an intimate conversation about the things that matter most. Living and working from the top of Sun Peaks mountain, Derek speaks about the decision he made to relocate his family and work life from the hustle and bustle of the Lower Mainland to Kamloops and now to Sun Peaks. Parker also throws in some interesting data on the market conditions in Sun Peaks. Great Listen....
Parker Gives his 2 BITS on the current state of the local market and what is expected to happen moving forward in the 2022 ( final stages of the pandemic real estate market ) The data says it all ....Government policy change, rising interest rates, where is the demand coming from and when is the perfect time to pull the trigger on a purchase, or a real estate investment
An interesting look at how the market faired in 2021. Sub divisions of note: Sahali, Aberdeen, Brocklehurst and South Kamloops. BC Assessment info and what to expect in trends moving forward in 2022.
Parker breaks down the busiest selling sub divisions in Kamloops June median House prices .....good listen!
A quick look at our current market conditions in Kamloops and compare it to our outside temperatures. Parker Bennett gives a quick and dirty on the market
On this podcast Parker talks about the common mistakes made by first time home buyers. He elaborates on the mistakes and makes some good recommendations on how to avoid the typical pitfalls and hiccups !Special guest Sarah Park joins in the fun on the lending side of things....
My two bits .......What is happening with Realestate in Kamloops. What to do? Bit coin or a house.......A few minutes with Parker Bennett and his two bits on the market and what will happen in the future of Real Estate for Kamloops
Second edition in a series of detailed information covering the real estate market in Kamloops and how it is being effected by the covid 19 pandemic .
COVID 19 and what its doing to the current state of the Kamloops Real Estate Market. What to expect in the coming weeks, what sellers should be doing to prepare and how buyers can ready themselves for post corona virus. What long term effects the corona virus may have on our local Real Estate market. .....#stay safe everyone and stay at home !
Casual conversation with Steven Gillingham on the importance of professional photography when selling your home. We also chat about some realtor fails on MLS and the latest segment called "How Kamloops Are You? "Apparently Im not that Kamloops .....
Join Parker this week as we chat with the newest insurance team in Kamloops from Central Agencies ( Team Coolridge ) Ben & Dawn chat about what is going on with strata insurance premiums and crazy deductible hikes in higher risk strata complexes. Very informative and serious listen for new purchasers looking to enter the strata homeownership world. What to ask your realtor before jumping into a potentially financial headache.
DEBUNKING the myths of Real Estate & Realestate agents, with guests Francis Ramunno, Andrew Karpiak, Phillipa Thiessen and Tina Head all from Royal Lepage Westwin Realty in Kamloops. This was a casual conversation with nothing edited out.....
On this episode we chat with Sheena van Dyk Business instructor ( lecturer )from Thompson Rivers University on some details of flipping campgrounds, motels and all round real estate marketing perspective. Early internet era to present day social media....
A good listen with special guest Carmin Mazzotta, Community Planner from the city of Kamloops. Chatting about the recent zoning changes in Kamloops that will effect your potential to build a legal conforming basement suite or garden suite. Very informative....
On this podcast we speak with Bernard Immel "mortgage broker" we dive into the new financing incentive plan for first time home buyers, also we cover some tragic news regarding the lost of one of Kamloops oldest schools, a dead goat in Campbell Creek, always covering Realestate data and we take in some spectacular wild game treats
Parker and the Kamloops Insider team chat with special guest Randy Lambright, Chief Administrative Officer of Lagan Lake Village on some of the amazing advantages that the village of Logan Lake has to offer its residents. Affordable housing, a connected community and over 2000 hours of sunshine a year.
Parker and guests explore the details of the termite situation in the kamloops area, little known facts about the critters and what the heck to do about it.
Parker and guests chat about the do's and do not's regarding preparing your home for its very best first impressions when listing your home. Special thank you to Sandra Pokorny from The Edit Kamloops, as we follow along many of her details regarding staging a home. " a great help Sandra Thank You "
Parker Bennett is joined by Ashley Ricalton from Webber Law Firm to chat casually about the judicial process called Probate. A good listen for those that may have to work around probate in the Real Estate industry.
Episode # 40 with Guest Tara Gieger from Thompson Rivers University having a casual conversation about the impact we have on our local wildlife and how best to reduce conflict with bears, deer, and all kinds of birds of prey. Living in Kamloops means we live in and around a ton of BC wildlife and we should be responsible home owners to reduce the conflict.
Special guestStephanie Stumph speaks with the Kamloops Insider on the push for an outdoor primary school in Chase BC. The advantages of children learning in a natural environment.
In this weeks edition of the Kamloops RealEstate Insider Podcast we are joined by Blaine Matuga from Central Interior Pumps to discuss groundwater and well systems. This is a great listen for rural property buyers that want to understand how to ensure you are buying a property with a good water source and the potential process for evaluating or drilling a new water source. ....And as usual up to date stats on the current Real estate situation in Kamloops market with Parker Bennett and Ally Carroll from Royal LePage Westwin Realty.
Parker's play on the real deal about open houses. If your selling your home and this is your primary source of marketing, why you may be leaving your homes potential sale in a vulnerable state.
A great chat with special guest Sandra Pokorny from The Edit Interior Design in Kamloops. Discussing how to get the very most out of your home when getting it ready to go on the market. Tips and best practices with the full podcast team from Royal Lepage Westwin Realty
Welcome to 2019! This episode the podcast team talk about the Real Estate market of 2018 and make their predictions for the year to come. Come listen and learn!
As the end of the year approaches we thought it would be nice to dive a little deeper and talk about real estate and what it means to all of us on the Kamloops Real Estate Insider Podcast Team. Come listen to some surprisingly sweet answers and who won the November challenge!
This week on the Kamloops Real Estate Insider, Parker Bennett, Alejandra Carroll and special guest Sarah Park from Mortgage Alliance talk strategies to beat the mortgage stress test to qualify for a bigger loan. Come listen and learn.
How important is the Strata fee when looking at a potential building? Why do some Strata's have higher and lower fees? And what is a Depreciation Report or a Contingency Fund or a Reserve Fund? Join Parker Bennett, Philippa Thiessen and Alejandra Carroll as they discuss Strata! Come listen and learn!
We've all had experiences with our neightbours, some positive and some not. But how much do you consider checking on your neighbours before you buy a home? This week Parker Bennett, Philippa Thiessen and Alejandra Carroll discuss their 4 step plan to learn about your neighbours before you purchase. Come listen and learn!
420, Ganja, Grass, Weed, Devils Lettuce. Cannabis has many names and with the legalization on October 17th, what impacts can we expect on the Real Estate Market of Kamloops? The Kamloops Real Estate Insider team Parker Bennett, Philippa Thiessen and Alejandra Carroll discuss the implications. Come listen and learn!
A quick update from Parker Bennett and Alejandra Carroll regarding last weeks Airbnb and Short term rentals questions as well as a discussion and analogy about Passive and Aggressive real estate markets. Come listen and learn!
The month of September was astounding according to Parker Bennett, and co hosts Philippa Thiessen and Alejandra Carroll on this weeks Kamloops Insider. Come listen and learn!
The Kamloops Real Estate Insider team is back! This week Parker Bennett, Philippa Thiessen and Alejandra Carroll are discussing short term rentals withing BC and Kamloops. Are they legal? Do you need a business licence? and how does AirBnB fit in? Listen and Learn!
This week on the Kamloops Insider Podcast, Parker Bennett, Alejandra Carroll and Emma Pappalardo speak to Trevor Koot Executive Officer from the Kamloops and District Real Estate Association (KADREA) about the purpose and goals of the Real Estate Board in Kamloops.
After a brief hiatus the Kamloops Real Estate Insider Podcast is back! Join Parker Bennett, Philippa Thiessen, Alejandra Carroll and Emma Pappalardo as they discuss the world of Tiny Homes. What is a Tiny Home? Where can you park them? Will we see Tiny Subdivisions in Kamloops in the future? Listen and Learn!
With a vast number of families moving to Kamloops from different urban areas of our province, rattlesnakes are often brought up in general conversation and their concern of the potentially deadly encounters. So this weeks podcast puts a more realistic scenario around the myth with guest Stephanie Winton, grad student from TRU: our resident rattler expert. Come listen and Learn.
Ever wondered why it's so difficult to get home insurance during fire season? or what the difference between a letter of insurability and binded insurance is? This week Parker Bennett, Philippa Thiessen, Alejandra Carroll, Emma Pappalardo and special guest Keely Cahill from Wilson M. Beck Insurance Group answer those questions. Listen and Learn!
With renewable energy growing as a source of power in residential settings Parker Bennett, Philippa Thiessen,Alejandra Carroll, Emma Pappalardo and special guest Amber Cachelin of Greensleeves Electric Kamloops talk Solar Panels, photons and why you should invest in solar.
Have you ever wondered if your home contains Asbestos? Exactly how harmful is it to you and your family? This week Parker Bennett, Philippa Thiessen, Allejandra Carroll, Emma Pappalardo and special guest Ashley Eaton from Rainbow Restoration talk Asbestos in the home, abatement, and remediation.
Join Parker Bennett, Philippa Thiessen, Alejandra Carroll and Emma Pappalardo as they discuss assignments, market updates and feedback from listeners!
This week Parker Bennett, Philippa Thiessen, Alejandra Carroll and Emma Pappalardo discuss the purpose of gift giving in real estate. What is a good gift? When should you give gifts? Do Sellers deserve gifts too? Listen and Learn!
This week on the Kamloops Insider, Parker Bennett, Philippa Thiessen, Alejandra Carroll and Emma Pappalardo discuss the process of flipping a house! Dos, Don'ts, Must haves and what to look for in a flippable property. Come listen and learn!
After a short vacation Parker Bennett, Philippa Thiessen, Alejandra Carroll and Emma Pappalardo are back with a new episode! This week we discuss the pros and cons of residential structures in Kamloops. Learn the history, differences and of course their influence in the real estate market.
This week Parker Bennett, Philippa Thiessen, Alejandra Carroll and our very special guest Tara Holmes discuss Kamloops! What makes this town such a wonderful place to live? Why are so many lower mainlanders moving to Kamloops? Listen and Learn!
This week Parker Bennett, Alejandra Carroll and Special guest Steve Bucher discuss the difference between a Mobile Home, Modular Home and Manufactured homes and how to finance these types of properties.
This week Parker Bennett, Philippa Thiessen and Alejandra Carroll talk about the "ations" of selling your home. Preparation, Representation and Pricipication.
This week listen in as Parker Bennett, Philippa Thiessen and Alejandra Carroll discuss the art of Leverage in a real estate transaction. How do you maximize leverage? How to you turn leverage into your favor? Listen and Learn!
This week, Parker Bennett, Philippa Thiessen and Alejandra Carroll talk about home inspectors, gadgets and the value of inspecting a home before buying.
This week, Parker Bennett, Philippa Thiessen, Alejandra Carroll and special guest Dave Jones from the City of Kamloops discuss Basement and secondary suites in Kamloops. Are they legal? Can anyone put in a secondary suite? Listen and Learn!
This week Parker Bennett, Philippa Thiessen and special guest Shawn Harnett from Romeo's Kitchen at the Coast Hotel in Kamloops talk about the evolution of kitchens, culinary arts and what the future will bring.
This week Parker Bennett, Philippa Thiessen and special guest Chad Price for United Flooring talk Flooring trends, material and why you should talk to a professional even if you're installing yourself.
This week Parker Bennett hosts Colin Lyons from Lyons Landscaping to talk about Curb Appeal, Compatible Landscaping, Zero-scapes and a few tips and tricks for giving your home a quick front yard make over.
This episode Parker Bennett, Philippa Thiessen and special guest Lisa Denham from Denham Law talk Property Transfer Tax on Leaseland, the benefits of building your home-buying team early and Lisa's journey into Real Estate Law.
This week, Parker Bennett, Philippa Thiessen and Emma Pappalardo discuss the rental market in Kamloops as well as the challenges of Renters and Landlords
In this Episode Parker Bennett and special guest Bernard Immel discuss the B20 Mortgage Rules and their predictions for the Real Estate Market in 2018.
In this episode of the Kamloops Insider, Parker Bennett and Philippa Thiessen visit a foreclosure property to assess it's potential as a "flip"
This week Parker Bennett and Philippa Thiessen discuss all the potential reasons why your property isn't selling and how to combat these issues.
This week Parker Bennett, Philippa Thiessen and special guest Sarah Park from Mortgage Alliance, discuss the upcoming changes to the Mortgage Stress Tests and how it will affect the 2018 market.
This Week Parker Bennett and Philippa Thiessen discuss First Time Home Buyers and the process of purchasing a home on the Kamloops Insider.