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Bode Introduces the Industry's First Digital Marketplace for Real Estate Transactions – Financial Post

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Calgary company is a global leader in real estate technology

CALGARY, Alberta — Bōde’s latest innovation means Calgary buyers can use one of the world’s most sophisticated and advanced systems for making real estate transactions. With consumers increasingly making purchases through digital marketplaces, Bōde meets the modern buyer’s desire for convenience, self-service and the ability to source the best value for their hard-earned money.

Like other online shopping and e-commerce pursuits, 92% of Canadians start their search for their home online. Saving searches, sharing listings and creating favorite lists are all a part of the market research and organization phase of your home selection. In many countries around the world, including Australia and Denmark, the next step of requesting a showing, communicating with the seller and making an offer is done by the buyer without an agent. In fact, in each of these countries, there is no buyer agent service offering at all.

Today, any Bōde user can communicate, schedule showings and make offers to any Realtor.ca listing or Bōde listing without any fees from Bōde. The service collects a 1% fee from the seller only when the deal is closed.

“We are really excited about providing buyers with the ability to go from search to keys starting with 6,500 Calgary listings on Bōde at no cost to the buyer. This instantly cuts the cost of all transactions in half with even more savings when it is an offer on a Bōde listing,” says Lindsay Skabar, Bōde’s Chief Marketing Officer. “We’ve seen international buyers successfully purchase homes themselves for many years, and we’re taking that trend to the next level by automating and digitizing the transaction.”

Bōde launched in September of 2019 and successfully sold all four high-end properties for list price in just 21 days, well below the average time on market. The innovative real estate model is gaining popularity with both property developers and homebuilders across Alberta and was recently selected as the sole listing provider of 49 lots for the luxury Springbank development, River Edge.

“People who have utilized our system are overjoyed with the savings and ease of use. We’re really looking forward to the spring months when the market heats up. People have become very comfortable with our simple and intuitive customer experience, motivating them to buy their next house with us,” says Skabar.

In keeping with its non-traditional approach to real estate, Bōde gives every seller an Augmented Reality “for sale” sign that interested buyers can scan with their phone to receive detailed information about the home. You can view the sign here.

Bōde is a licensed real estate brokerage and follows the guidelines set out by the Real Estate Council of Alberta (RECA).

To learn more, please visit www.bodecanada.com.

About Bōde Canada:

Bōde is Calgary’s first real estate marketplace and a smarter way to buy and sell a home. Bōde is reimagining real estate with an intuitive, universal platform that gives everybody with an index finger the ability to control their real estate destiny. Bōde reduces commissions by 75% by only collecting a 1% service fee when the deal is closed.

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Contacts

Michelle Schurman
Public Relations
michelle@bodecanada.com
403-463-9607

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Homelessness: Tiny home village to open next week in Halifax suburb

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HALIFAX – A village of tiny homes is set to open next month in a Halifax suburb, the latest project by the provincial government to address homelessness.

Located in Lower Sackville, N.S., the tiny home community will house up to 34 people when the first 26 units open Nov. 4.

Another 35 people are scheduled to move in when construction on another 29 units should be complete in December, under a partnership between the province, the Halifax Regional Municipality, United Way Halifax, The Shaw Group and Dexter Construction.

The province invested $9.4 million to build the village and will contribute $935,000 annually for operating costs.

Residents have been chosen from a list of people experiencing homelessness maintained by the Affordable Housing Association of Nova Scotia.

They will pay rent that is tied to their income for a unit that is fully furnished with a private bathroom, shower and a kitchen equipped with a cooktop, small fridge and microwave.

The Atlantic Community Shelters Society will also provide support to residents, ranging from counselling and mental health supports to employment and educational services.

This report by The Canadian Press was first published Oct. 24, 2024.

The Canadian Press. All rights reserved.

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Here are some facts about British Columbia’s housing market

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Housing affordability is a key issue in the provincial election campaign in British Columbia, particularly in major centres.

Here are some statistics about housing in B.C. from the Canada Mortgage and Housing Corporation’s 2024 Rental Market Report, issued in January, and the B.C. Real Estate Association’s August 2024 report.

Average residential home price in B.C.: $938,500

Average price in greater Vancouver (2024 year to date): $1,304,438

Average price in greater Victoria (2024 year to date): $979,103

Average price in the Okanagan (2024 year to date): $748,015

Average two-bedroom purpose-built rental in Vancouver: $2,181

Average two-bedroom purpose-built rental in Victoria: $1,839

Average two-bedroom purpose-built rental in Canada: $1,359

Rental vacancy rate in Vancouver: 0.9 per cent

How much more do new renters in Vancouver pay compared with renters who have occupied their home for at least a year: 27 per cent

This report by The Canadian Press was first published Oct. 17, 2024.

The Canadian Press. All rights reserved.

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B.C. voters face atmospheric river with heavy rain, high winds on election day

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VANCOUVER – Voters along the south coast of British Columbia who have not cast their ballots yet will have to contend with heavy rain and high winds from an incoming atmospheric river weather system on election day.

Environment Canada says the weather system will bring prolonged heavy rain to Metro Vancouver, the Sunshine Coast, Fraser Valley, Howe Sound, Whistler and Vancouver Island starting Friday.

The agency says strong winds with gusts up to 80 kilometres an hour will also develop on Saturday — the day thousands are expected to go to the polls across B.C. — in parts of Vancouver Island and Metro Vancouver.

Wednesday was the last day for advance voting, which started on Oct. 10.

More than 180,000 voters cast their votes Wednesday — the most ever on an advance voting day in B.C., beating the record set just days earlier on Oct. 10 of more than 170,000 votes.

Environment Canada says voters in the area of the atmospheric river can expect around 70 millimetres of precipitation generally and up to 100 millimetres along the coastal mountains, while parts of Vancouver Island could see as much as 200 millimetres of rainfall for the weekend.

An atmospheric river system in November 2021 created severe flooding and landslides that at one point severed most rail links between Vancouver’s port and the rest of Canada while inundating communities in the Fraser Valley and B.C. Interior.

This report by The Canadian Press was first published Oct. 17, 2024.

The Canadian Press. All rights reserved.

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