Comments on: Proceeds of Crime in Vancouver Real Estate http://www.yattermatters.com/2008/02/proceeds-of-crime-in-vancouver-real-estate/ Insight on Vancouver Real Estate Sat, 11 Feb 2012 00:35:15 +0000 hourly 1 By: Vancouver Real Estate Blog » Blog Archive » Realtor Police http://www.yattermatters.com/2008/02/proceeds-of-crime-in-vancouver-real-estate/comment-page-1/#comment-121 Vancouver Real Estate Blog » Blog Archive » Realtor Police Thu, 13 Mar 2008 07:24:16 +0000 http://www.yattermatters.com/real-estate/proceeds-of-crime-in-vancouver-real-estate/#comment-121 [...] posted about the Proceeds of Crime and its effect on Vancouver Real Estate a couple of weeks ago. The clock has ticked a couple of [...] [...] posted about the Proceeds of Crime and its effect on Vancouver Real Estate a couple of weeks ago. The clock has ticked a couple of [...]

]]> By: yattermatters http://www.yattermatters.com/2008/02/proceeds-of-crime-in-vancouver-real-estate/comment-page-1/#comment-92 yattermatters Sat, 23 Feb 2008 04:59:35 +0000 http://www.yattermatters.com/real-estate/proceeds-of-crime-in-vancouver-real-estate/#comment-92 Norm - yep actually I think it time for all good Realtors to get the spandex suite with the big S on the front. Personally, I'll pass on the cape. It would be a good thing to know just how many of the records sent to Fintrac are from my area. I suspect being a port might be more enticing to these types. There is a lot of funny money in this town. I have run into a number of transactions where they insist on having the ability to change the name on the deal at a later date. Many sellers don't care as long as they get the money. As a level of protection I include a clause that the property can only be transferred to the person whose name appears on the offer. Jennifer - thanks and I hope I can keep you informed and laughing. Norm – yep actually I think it time for all good Realtors to get the spandex suite with the big S on the front. Personally, I’ll pass on the cape.

It would be a good thing to know just how many of the records sent to Fintrac are from my area. I suspect being a port might be more enticing to these types. There is a lot of funny money in this town. I have run into a number of transactions where they insist on having the ability to change the name on the deal at a later date.
Many sellers don’t care as long as they get the money. As a level of protection I include a clause that the property can only be transferred to the person whose name appears on the offer.

Jennifer – thanks and I hope I can keep you informed and laughing.

]]> By: Jennifer Lancey http://www.yattermatters.com/2008/02/proceeds-of-crime-in-vancouver-real-estate/comment-page-1/#comment-91 Jennifer Lancey Sat, 23 Feb 2008 02:43:03 +0000 http://www.yattermatters.com/real-estate/proceeds-of-crime-in-vancouver-real-estate/#comment-91 I found your site on technorati and read a few of your other posts. Keep up the good work. I just added your RSS feed to my Google News Reader. Looking forward to reading more from you. Jennifer Lancey I found your site on technorati and read a few of your other posts. Keep up the good work. I just added your RSS feed to my Google News Reader. Looking forward to reading more from you.

Jennifer Lancey

]]> By: Norm Fisher http://www.yattermatters.com/2008/02/proceeds-of-crime-in-vancouver-real-estate/comment-page-1/#comment-90 Norm Fisher Sat, 23 Feb 2008 02:34:11 +0000 http://www.yattermatters.com/real-estate/proceeds-of-crime-in-vancouver-real-estate/#comment-90 Oh, don't you just love fighting crime? Since this act was initially introduced, I can't say that I've had a single transaction that I would say was "suspicious." I realize that real estate could be a target for launderers but I've sure never met one. I don't mind the idea of "identifying" people though. Every day, I get more concerned about my agents working with strangers. This would likely be a good way to really get to know who your dealing with early on. Oh, don’t you just love fighting crime?

Since this act was initially introduced, I can’t say that I’ve had a single transaction that I would say was “suspicious.” I realize that real estate could be a target for launderers but I’ve sure never met one.

I don’t mind the idea of “identifying” people though. Every day, I get more concerned about my agents working with strangers. This would likely be a good way to really get to know who your dealing with early on.

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