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The Real Estate Journal Vol 17, Issue 18

Page 1

Volume 17

│

Issue 18

│

MARCH 2017

A quarterly publication of the Real Estate Board/Commission of Strata Corporations

Gated Communities Legislation on the Way

W

ith the growth and proliferation of shared or gated communities in Jamaica, and in particular the corporate area, the Government, through its regulator The Real Estate Board, has begun the process of introducing much -needed legislation to govern such living arrangements. One of the initial steps in the legislative process was a series of Public Consultations. Delrose Campbell, one of the two lead consultants, underscored the value and success of the consultations based on their intended goals. Ms. Campbell also explained that those who attended the sessions were able to offer enough feedback for a ‘blueprint legislation’. “It provided context and experience of owners and other stakeholders that will definitely guide the development of the legislation,” she went on to say. “It reaffirmed the need for a formal organization of owners in a suitable entity with the powers to levy and enforce maintenance. There was a general consensus on that.” Sessions were held in Mandeville, Montego Bay and Kingston, with the largest crowd turning out for the Kingston leg at the St. Andrew High School for Girls on March 6. That session was attended by the (then) Minister with responsibility for Housing, Dr. Horace Chang and Member of Parliament Julian Robinson. Dr. Chang emphasized his,

Delrose Campbell, one of the consultants on the shared or gated communities legislation, makes a point during her presentation at a special technical stakeholder consultation on Monday March 12, 2018.

and by extension the government’s, commitment to seeing this legislation through to passage, based on its urgency. Dr. Chang stated that he believed the legislation could be passed before the end of the current legislative year. Dr. Chang also insisted that the Act could, arguably, represent the last major piece of legislation required to streamline the entire real estate sector into “good order.” The Minister also highlighted some of the factors which continue to drive the growth and demand for shared or gated communities. Continued on pg. 3

It provided context and experience of owners and other stakeholders that will definitely guide the development of the legislation


T he Re a l E st ate J our na l

CEO’s Message

Timeshare Jamaica

Continuing Professional Development

Local & International Real Estate

Real Estate Training Institute Schedule

Anti-Terrorism Report Due

Michelle Greaves CSC Inspector

WELCOME AND BON VOYAGE

Real Estate Could be this Funny?


T he Re a l E st ate J our na l

Gated Communities Legislation (cont’d from front pg) This included a general increase in the demand for middle income housing solutions, driven in part by the increase in the mortgage ceiling across income brackets and lot types, and reduced interest rates by the National Housing Trust as of July 1, 2016. “Many modern townhouses and gated community developments are being built with specific amenities such as pools, gyms, convenience stores and laundry facilities on premises. So, there is an element of convenience that persons tend to gravitate towards.” He also added that the feeling of security in having monitored access and a single entry and exit point was another factor that buyers found enticing. The final consultation was a closed door meeting of government technocrats, financiers, associations representing architects, real estate dealers and developers, and government entities which approve or provide amenities to (gated) communities such as the National Solid Waste Management Authority, the Kingston and St. Andrew Municipal Council and the Urban Development Corporation. Based on feedback across the four sessions and the issues presented for consideration by the consultants, it was evident that townhouses and other communities with shared amenities face a myriad of challenges, exasperated by the lack of legislation to address them. These issues include: the definition of ‘gated communities’, the obligations to pay maintenance fees and the treatment of non-payment, duties and powers of the Corporation to manage the property, the calculation of contributions, the establishment of by-laws and appropriate dispute resolution mechanisms. The legislation is being driven by the Real Estate Board, which has retained the services of consulting firm, Trevor Hamilton and Associates. It is expected that the Board will assume the responsibility as regulators of gated communities, once the Act is passed. CEO of the Real Estate Board, Sandra Watson Garrick, opined that the Board was confident that the consultants had more than enough information to go forward and that considering their experience in the land and conveyance law, “we are likely to see a draft legislation that adequately addresses the concerns of a great many residents of gated communities and those that have a role or function in their creation and operation.”

Mrs. Watson-Garrick responds to a question during the Public Consultation at the Golf View Hotel in Mandeville, Wednesday February 21, 2018.

Mr. Michael Lake, President of the Jamaica Developers Association, during the Stakeholder Consultation. Looking on are President of the Realtors Association, Howard Johnson Jr. and RAJ Manager, Irene Ming-Hughes.

Minister Horace Chang and Julian Robinson, MP, engage in a discussion before the start of the Public Consultation in Kingston.


T h e R e a l E s ta te J o u r n a l

CEO’s MESSAGE Sandra Watson-Garrick

T

he start of the first quarter of the new year, and the final of the financial year have brought with it new and exciting developments with significant implications for the future of the Real Estate Board and Commission of Strata Corporations. As some of you would have heard before, the Real Estate Board is expected to take responsibility for the regulation of gated communities and townhouses, where shared property and amenities exist. As a part of that preparatory legislative process, the Board, along with its consultants, embarked on a series of public consultations across three parishes: Manchester, St. James and St. Andrew. I would like to thank those who attended these sessions. Thanks also to those who have already made and continue to provide written submissions to facilitate this process. Secondly, I would like to thank those who made use of the opportunity to begin their Continuing Professional Development courses, especially those who attended the sessions in Mandeville and Montego Bay. We trust that those who sat the two courses offered found value in them, particularly the Terrorism Pre-

vention Course, in light of the pending deadline of the submission of the Anti -Terrorism Report. We are now in the midst of our licencing period for dealers and salesmen and the submission of annual fees for Strata Corporations. I implore you, our clients, to pay your fees in a timely manner so as to avoid the rush of last minute payments and penalties. Also, your payment ensures that we can continue to monitor and regulate the industry effectively, and where possible keep out illegitimate practitioners and maintain the integrity of the industry. We have continued to make it possible for payments to be made in two-part increments, which become due on April 3 and September 3. We have also reduced the annual fees to strata corporations from 0.4% to 0.25% of the unimproved land value. The Commission is aware of the financial challenges that many strata corporations are facing; this move to reduce the rate is an effort to lesson the impact that the re-valuation would have caused. By now, some of you would have been in receipt of our reminder letters for the year. I urge you to read these letters carefully as they provide information and guidance on a

number of issues relating to your practice and should prove quite useful. I also implore you to complete the verification forms enclosed therein, to make sure your contact information is up to date and complete, especially as we continue moving towards electronic communication. I would also like to use this medium to thank our recently departed Minister, Dr. Hon. Horace Chang, MP, who was reassigned to another portfolio. On behalf of the Real Estate Board and the Commission of Strata Corporations, we are grateful for your support and dedication to the entity and wish you well in your new portfolio. In the same breath we welcome and look forward to working with our new Minister, the Hon. Karl Samuda, MP. In closing, I would like to welcome our three new members of staff who joined us at various points during the quarter – Mrs. Vaughan, Ms. Greaves and Mr. Morna. In the same breath, we thank Ms. Samaree Johnson for her time with us in the Accounts Department and wish her the best in her new endeavour.


T he R e a l E s ta te J o u r n a l

The Board is reminding all Real Estate practitioners of their obligation to practice in accordance with the parameters of their licence. This indicates what areas they are trained to offer and thereby provide the very best service in that area.

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A disciplinary hearing was held on February 12 to consider the matter of a Real Estate Salesman to hear allegations brought against him of breaches of the Real Estate (Dealers and Developers) Act and the Real Estate (Dealers and Developers) (Code of Ethics) Regulations 198. The breaches relate to him renting two properties and practicing Property Management, without the knowledge of his dealer, and for which he was not licenced to do. It was determined that the Salesman did in fact commit said breach, in violation of the Real Estate (Dealers and Developers) Act and the Real Estate (Dealers and Developers) (Code of Ethics) Regulations 198, for which the following decisions were imposed: 1. That he immediately cease and desist from doing so; 2. Suspension of licence for six (6) months from the date thereof to May 13, 2018; including time already served. 3. A fine of Eighty Thousand Dollars ($80,000.00) to recover expenses incurred by the administration. 4. A requirement to enrol and participate in the following courses: The Real Estate (Dealers and Developers) Act; The Code of Ethics; and Local Land Law.

Once complied with the foregoing, the Salesman is required to appear before the Board or a sub-committee of the Board, to assess compliance and more specifically his assimilation of the material covered in each of the courses named above.

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T h e R e a l E s ta te J o u r n a l

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Daily updates & posts Local & International Real Estate News Photo updates of all activities & events Real Estate Tips and Quotes

Information for practitioners Radio & TV Public Service Announcements Videos ...and much more

JAMAICA

...own a small piece of paradise The Real Estate Board has responsibility for determining all applications for Timeshare licences in Jamaica. Contact us to register your property today. info@reb.gov.jm

| (876)926-9748/9 | http://timeshare.reb.gov.jm


T he R e a l E s ta te J o u r n a l

Real Estate Board hits the Road for CPD Courses

A section of the class during the Terrorism Prevention Act Course at the Holy Trinity Church in Westgate, Montego Bay, February 8, 2018

T

he Real Estate Board made good on its promise to clients and the Realtors Association of Jamaica (RAJ), when it went out to the parishes of Manchester and St. James for one-day, Continuing Professional Development sessions in both parishes. The first session was held in Montego Bay at the Holy Trinity Church in Westgate, Montego Bay on February 8, 2018. This session saw over 120 students in attendance for both courses. This was followed by sessions in Mandeville on February 26 at the Mandeville Hotel, with an average of 75 persons across both courses. The courses offered were the Terrorism Prevention Act (TPA), facilitated by Ms. Berdie Dixon-Daley, a Director at the Financial Investigations Division of the Ministry of Finance, and the Real Estate Dealer and Developers Act Course facilitated by the Land Law and Conveyance Attorney, Ms. Delrose Campbell. There was an added significance to the TPA as The Terrorism Prevention (Designated Reporting Entity) Real Estate Dealers Order Resolution was passed last year, bringing the real estate professional among those who would be required to make counter-terrorism reports to their designated authority, with failure to do so resulting in hefty fines. “It was certainly necessary to take these courses to our practitioners as we are aware of how difficult it

We are aware of how difficult it can be to travel from out of town, back and forth in a single day with the added expense of gas and toll. So we absorbed those costs can be to travel from out of town, back and forth in a single day with the added expense of gas and toll. So we absorbed those costs, charging the same for our Kingston courses as the out of town courses,” explained Board CEO, Sandra Watson-Garrick. “It would have been especially necessary given the fact that these are both mandatory courses CPD courses as well as the new antiterrorism reporting requirements.” Mrs. Watson-Garrick also assured practitioners that the Board will advertise the dates for similar out-oftown sessions at the same time the newest set of courses are announced, to avoid some persons coming to Kingston, uncertain as to whether or not the course would be offered closer to them. “We can assure our clients on the south and north coasts that we will be coming back out to them as we continue the CPD process.” Real Estate Dealers and Salesmen are required to start or complete hours of CPD courses (eight hours being mandatory and twelve hours optional) in order to be licenced by the Board in time for licencing period 2018/19. Both courses were two hours long.


The R e al Es t at e Jo ur n al

Blockchain can cut mortgage approval times

N

ewly appointed president of the Realtors Association of Jamaica (RAJ), Howard Johnson Jr. reckons that streamlining mortgage transactions through the block- chain technology system could reduce mortgage approval turnaround time to half the current 90-day waiting period. . Johnson, who was speaking with representatives of JN Bank during a recent visit to the RAJ's head offices in St Andrew, reasoned that the cloud storage provided through the block chain technology could be the solution to getting all the relevant parties in the homebuying process to simultaneously work on documents of the potential home owner, rather than having to transport documents from one agency or department to another. . “Everyone would be able to simply log on to the system. The agents, lawyers, surveyors and mortgagors would be able to connect to the same platform where they would be viewing the same information, so in the event of an error or misspelling, someone would be able to simply log into the system and make the correction with just the click of a button,” he said. Johnson noted that the association has found that mortgage transactions are being “dragged on” for much longer than the standard 90 to 120 days, but admits that if all the documents, including pre-approvals are in place, there is no reason why a mortgage transaction cannot be closed within 45 to 90 days. He noted that among the reasons for the long delays in approval is erroneous information by various parties involved in the process. . “I must admit that some of these errors are sent

President of the Real Estate Association of Jamaica (RAJ), Howard Johnson Jr. (centre) address concerns of the real estate industry with RAJ Manager, Irene Ming-Hughes (left); Head of Mortgage Sales at JN Bank, Petal James (second left) and Steve Distant, Chief of Retail Sales at JN Bank. Johnson says it is time for stakeholders in the housing sector to look at ways to further reduce the time it now takes to approve mortgages.

from the realtor to the attorney in terms of the instructions. There is also the issue where what is seen on the document may be translated to mean something else when the attorney reads it. There are also errors in the spelling of names and tax registration numbers,” he informed. . Johnson, a second-term president of the RAJ with more than 20 years' experience in the real estate business, said the RAJ will be working with all parties involved to reduce these errors and cut the approval time. . Head of mortgage sales at JN Bank, Petal James, underscored the commercial bank's commitment to fast turn-around of mortgage applications, noting that the majority of its mortgages are approved in a timely manner. . “We have given a commitment to ensuring that, once all the relevant information is provided, all mortgage applications are approved within 72 hours and we are looking to reduce that even further,” she said, explaining, however, that the process of getting all the documentation together — which may include surveyors' and valuation reports and sale agreements, especially from overseas vendors — can sometimes take weeks.

Source: The Jamaica Observer Published Wednesday March 14, 2018 http://www.jamaicaobserver.com/business-observer/blockchaincan-cut-mortgage-approval-times_127798?profile=1056


T he R e a l E s ta te J o u r n a l

T

hanks to skyrocketing costs, student debt is more of a burden for millennials than it was for any previous generation just starting out. Prices for health care, child care and real estate pose more of a problem. And that's not all, according to a new analysis from Rent Cafe, the generation that largely hasn't been able to buy homes has also had to deal with way higher rent prices. . Rent Cafe's report found that younger millennials are paying a median rent total of $97,400 in 2017 dollars between the ages of 22 and 29, and those who are now 30 paid a median rent total of $93,400 in that eight-year span. . Gen Xers, by contrast, only paid the equivalent

of $81,400, while baby boomers paid even less. When today's septuagenarians were in their 20s, their rent amounted to $66,900. . If prices continue to rise, the situation looks grim for Gen Zers, tomorrow's twenty-somethings could pay a median total rent of $102,100 before they turn 30, the site forecasts. . One bright spot, millennials today may have to spend more on housing than any previous generation of young people, but they also make the most in the same time frame. Their median earnings total $206,600. Generation X made slightly less in their 20s ($202,100), and boomers made the least ($195,700). Higher salaries offset higher rent costs to some degree, but millennials still must put the largest share of their income toward rent. An estimated 45 percent of their pay goes to keeping a roof over their heads, making them significantly “cost burdened.� Gen Xers, by contrast, spent 41 percent of their income on rent before turning 30, while boomers spent a more reasonable 36 percent. . Rent Cafe used data from the U.S. Census Bureau, and the study refers only to single people paying their rent without help. It's also notable that these are median values and rent prices and salaries vary considerably based on where you live. Still, as the study makes clear, rent in the U.S. is an increasingly heavy burden. .

Jonathan Blumberg | CNBC News—Real Estate Published March 28, 2018


T h e R e a l E s ta te J o u r n a l

COURSE SCHEDULE 2018 Pre-Licencing Course for Salesmen [$63,000.00] February 12-April 12 Evenings and three full days Full days: Feb 23, March, 23 & April 12

July 2-July 27 Full time: Monday - Friday (9:00 am – 6:30 pm) Application Deadline: May 25 | Interviews: May 24 & 30

Application Deadline: Jan 12 | Interviews: Jan 17-19

Registration Deadline: June 29 | Exam Date: Aug 24

Registration Deadline: Feb 2 | Exam Date: May 25 April 9-May 4 Full time: Monday - Friday (9:00 am – 6:30 pm)

August 29-November 28

Application Deadline: Feb 9 | Interviews: Feb 21&28

Wednesdays and four full Tuesdays Tuesdays: Sept 25, Oct 23, 30 & Nov. 27

Registration Deadline: March 29 | Exam Date: May 25

Application Deadline: July 20 | Interviews: July 11 & 18 Registration Deadline Exam Date: Jan 2019

May 14-July 12 Evenings and three full days Full days: May 25, June 29 & July 12

Full time: Monday, Tuesday, Thursday and Friday Application Deadline: Aug 31 | Interviews: Sept 12 & 19

October 29-November 23

Application Deadline: March 29 | Interviews: Apr 4 & 11

Registration Deadline: Oct 12 | Exam Date: Jan 2019

Registration Deadline: May 7 | Exam Date: Aug 24

Pre-Licencing Course for Dealers [$178,000.00] March 9-July 27 Fridays and two full weeks Full weeks: July 16 – 27 Application Deadline: Jan 26 Registration Deadline: March 2

Pre-Licencing Course for Property Management [$148,000.00] August 31-October 26 Fridays and one full week Full week: October 22 – 26 Application Deadline: July 20 Registration Deadline: Aug 17 | Exam Date: Nov 2018

Visit the Courses section of our website @ www.reb.gov.jm


T he R e a l E s ta te J o u r n a l

September

30

Deadline looms for Practitioners to File Anti-Terrorism Report

T

he Real Estate Board is urging dealers and salesmen to properly acquaint themselves with the new reporting requirements under the Terrorism Prevention Act (TPA) as a May 1, 2018 deadline looms for the implementation of such requirements. The Terrorism Prevention (Designated reporting Entity) (Real Estate Dealers) Order, 2017, now makes it mandatory for any person who is issued with a licence to engage in the practice of real estate in the capacity of a real estate dealer to file reports under the TPA. The reports are to be filed with the Designated Authority, the Chief Technical Director of the Financial Investigations Division (FID) of the Ministry of Finance and the Public Service. Under Section 15 of the Terrorism Prevention Act, the entities are mandated to submit a Listed Entity Report to the Designated Authority at least once every four calendar months. They may also required to submit reports upon any requests made by the Designated Authority. The Listed Entity Reports are based on entities categorised as 'terrorist' and listed on the United Nations Sanction List. The Listed Entity Report is for the purpose of indicating whether or not a reporting person in the regulated sector is in possession or control of any property owned or controlled by or on behalf of a listed entity and must be submitted whether or not a dealer had any transactions with any of the listed persons. The required submission dates for the Listed Entity Report are: Four Months Period January - April

Due Date is on or before May 31

May - August

September 30

September – December

January 31

Where the due date for submission of a Listed Entity Report is on a weekend or a public holiday, then reports may be submitted on the first business day following the stipu-

lated date. Under section 16 of the TPA, each reporting entity is required to report to the Designated Authority, all transactions, whether completed or not, which the reporting entity suspects, or has reasonable cause to suspect that it involves property: a) Connected with, or intended to be used in, the commission of a terrorist offence; or b) For the benefit of, any listed entity or terrorist group. Suspicious transactions are to be reported promptly and in any event, within fifteen (15) days after the suspicion or reasonable cause for suspicion arises. The penalties under the Act are as follows: Non-reporting Tipping-off

Individuals- (max) $1m or 12 months imprisonment or both Body corporate - fine of $3m Individual - $2m or 2 years imprisonment or both Body corporate - fine of $6m

The purpose of the Order is to ensure Jamaica’s conformity to international obligations such as UN Resolutions other International Conventions and the Financial Action Task Force (FATF) recommendations that necessitate increased scrutiny to mitigate any potential terrorist activities. Training for the new requirements for real estate professionals is available in the Terrorism Prevention Act Course offered by the Real Estate Board as a part of the continuing professional development training for industry professionals. The course provides information on potential red-flag transactions, obligations of the dealers, record keeping and hands on completion of the report. The May implementation date will result in the first report covering the period May 01- August 31, 2018 and for submission to the FID on or before September 30, 2018.


The R e al Es t at e Jo ur n al

locations with the most issue. What pets did you have while you were growing up? I had cats and dogs while growing up. I am a lover of animals and nature in general. What would be your ideal way to spend the weekend? My ideal weekend would be to take a trip to a “getaway” house situated on a hill in St. Ann that has a panoramic view of the ocean and horizon. Activities may include: river rafting, going to the beach, or just relaxing at Stush in the Bush or Cranbrook Rainforest Gardens. What is the most annoying question that people ask you? The most annoying question anyone can ask is, “When are you going to have children?”

Michelle Greaves Inspector - CSC

How often do you play sports? . I enjoy playing pool o/c billiards. When I am playing it is as if I am in a different world. It eases my mind and releases my stress. What job do you think you’d be really good at? I am a quick learner and I am good at anything I set my mind to do; and it goes for any job I am tasked with completing. . What skill would you like to master? I would like to master Geographic Information System (GIS). GIS is a tool that can be used in any and every field. It can assist with informing decisions and assessing risk. It is currently being used in property management, in banking to inform locations of ABMs, crime mapping, and fire and hazard assessment, just to name a few. Mastering this skill will not only enrich my knowledge and add to being well-rounded, but it will also make me more marketable. An example of how it can be used in the Commission of Strata Corporation (CSC) is to show a visual interpretation in a mapped format of corporations that have registered with the CSC; those that have not paid the initial registration fee, inactive corporations/ executive committees and those that are compliant. It could also help to assist with decision making as it relates to targeting delinquent corporations and to show

What are you most looking forward to in the next 10 years? I am looking forward to being settled in a good job and embracing the ups and downs of parenthood. . What is the luckiest thing that has happened to you? I have managed to escape robbery at gunpoint and injury on numerous occasions. What website do you visit most often? I mostly visit websites that provide information on health and food. Some of these sites are: Food network, Live Strong, Health and BBC Good Food. What one thing do you really want but can’t afford? I would love to travel the continents, to experience different cultures. I am most interested in conducting an ethnicity and genealogy test to ascertain where my ancestors are from and visit those regions. When was the last time you changed your opinion/belief about something major? It depends on what is considered to be major. My opinions are usually firm on certain issues. . What song or artist do you like but rarely admit to liking? I listen to all genres of music, as long as the beat/ rhythm is good or the song is catchy. . What personality trait do you value most and which do you dislike the most? I am a good listener and I am empathetic towards people and animals. I think I value those two traits the most. The trait that I dislike the most is my lack of tolerance. I have zero tolerance for slothfulness and gossiping.


T he R e a l E s ta te J o u r n a l

▲ Members of Team REB after the Sigma 2018 5K Corporate Run/Walk, February 18, 2018.

▲Inspectors Patrick Clough (second from left), Shelliann Sullivan (middle) and Akeil Pladley (second from right) after their 4-day Paralegal Training Course at that Real Estate Training Institute on March 8, 2018. With them are course facilitators, attorneys-at-law Christine Chung (left) and Charmaine Patterson (right)

▲ Damian Wilson (left) and Ainsworth Norton (right) speak with a member of the CIBC Team during the CIBC First Caribbean Mortgage Seminar, Sunday March 4 at the Jamaica Pegasus Hotel.


T h e R e a l E s ta te J o u r n a l

We’ve LOWERED the rates on ANNUAL FEES for Strata Corporations The Registration (Strata Titles) (Amendment) Act, 2009, requires strata corporations to file ANNUAL RETURNS with the Commission. ANNUAL RETURNS include: ► Minutes of Annual General Meetings and Extraordinary General Meetings held during the filing period. ► Name and addresses of the current Executive Committee members elected during the filing period. ► Certificate of Insurance (or copy of unanimous resolution not to insure premises). ► Completed Forms 8, 13A,13B and 13C. ► Filing fee of $1,000.00. ► Payment of Annual Fee for the period (0.25% of the unimproved value of the land). ► Audited financial statements (or subject to the approval of the Commission, a copy of the accounts prepared in accordance with generally accepted accounting principles). This must be signed by the Chairman of the Corporation and at least one other member of the executive committee.

Effective APRIL 1, the Annual Fee for Strata Corporations is 0.25% of the unimproved value of the land. (This is down from 0.4%) No strata unit is required to pay in excess of $12,000.00 per year for each unit towards the annual fee when apportioned according to unit entitlement.

Please note: Insurance letter must include policy number, sum insured, period being insured and must be signed by the insurance company or its agent.

Your Annual Fee is a part of your Annual Returns and is due on April 1.

Forms 13B and 13C must correspond with the Accounts Receivable and Accounts Payable listed in the Balance Sheet of the Audited Financial Statement. Download forms from www.csc.gov.jm

For more information contact the Commission of Strata Corporations


T he R e a l E s ta te J o u r n a l

HUMAN RESOURCE

IP S

ON T ICATI

APPL

A

s a recruiter, I have spent a lot of time going through applications from hundreds of prospective candidates, all competing for very few jobs. In looking for the best of the crop, I have come across some applicants who mean very well, but have not spent enough time to make the right impression with their application for employment. Here are a few tips you can utilize to ensure that you are putting your best foot forward in applying for a job: Tip # 1: Customize Your Application for each Job Opening This might sound tedious, but you should design your cover letter and résumé with the job you want in mind. Call ahead to find out what jobs are available and to whom you should submit the application. Avoid sending random applications. Your application should have a sense of purpose and communicate quickly what you want. If you did not even take the time to address your letter properly or ask for what you want, why should a recruiter take the time to consider your application when they have countless other applicants? Another example is where applicants send one application to several companies through email, displaying all the recipients. In doing so, you are communicating that you are just looking for any type of job - it does not matter where. You have communicated that have no real interest in the organization. You just need work. Ask yourself if that profile sounds like the most attractive candidate to you. Tip # 2: Do not spam or harass the Recruiter A job applicant who calls or visits to enquire from Human Resources about a job opening will score points for their interest. The Recruiter will think that this person is serious about working for the organization, and the human connection will linger in the Recruiter’s mind. However, those who make numerous calls to Human Resources or spam the email with their job applications will not be

Gail Dandy Newell Human Resource Officer

remembered so fondly. Remember, the HR professional is looking for the best fit, and your behaviour prior to an interview will be predictive of how you will behave in the office environment. Tip # 3: Avoid Fish Bone Cover Letters and Résumés For the purposes of this article, fish bone cover letters and résumés are those without “meat” or substance. They barely tell the recruiter much about you, other than the fact that you worked at various places and have certain qualifications. Remember, you have a matter of moments to catch the recruiter’s attention. They are looking for the relevant experience and qualifications to do the job. If you do not even tell them what your experience is, why are they going to call you? You have not given them adequate information to make a selection. In crafting your cover letters and résumés, look at the job advertisement and directly speak to the competencies and experiences requested in the advertisement, which you possess. Tip # 4: Talk About Your Value, Not Your Needs . Do your research and use your cover letter as an opportunity to tell the Recruiter that you know enough about their company, their needs and how much value you can add to their organization. Say for example, you are applying to the Real Estate Board for employment as an Inspector, you can open with a line that speaks to your knowledge of how important the Board is to the regulation of the Real Estate Industry, and how your experience in investigative techniques will allow you to perform exceptionally well if selected. Remember, you have a small window of opportunity to get the attention of the recruiter. Ensure that you communicate clearly what your interest is, and what qualifications and competencies you possess. This is the opportunity before the interview to make a valuable first impression, do not take it for granted.


T h e R e a l E s ta te J o u r n a l

Could be this funny!

An older gentleman is sitting in a bar when a beautiful young woman walks up to him and whispers in his ear, “I’ll do anything you want for 50 bucks.” He immediately puts his drink down and begins frantically going through his pockets. He pulls out a crumbled up ten, two five’s, a twenty and ten ones. He thrusts the wadded up money into the woman’s hand and says, “Here…paint my house.

Samaree Johnson

Mrs. Cynthia Vaughan - Internal Auditor Ms. Michelle Greaves -

Inspector - CSC

Mr. Horace Morna - Inspector (Investigations), REB

Mr. Smith goes to see his manager in his real estate office. “Boss,” he says, “we’re doing some heavy housecleaning at home tomorrow, and my wife needs me to help with the attic and the garage, moving and hauling stuff.” “We’re shorthanded, Smith,” the boss replies. “I can’t give you the day off.” “Thanks, boss,” says Smith. “I knew I could count on you!”


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