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01-08-2021, 11:09 PM
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#17051 | | Rs has made me the woman i am today!
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Originally Posted by Gerbs  What do you do?
My tech friends are starting to hit $100k TC and no CS degree this year despite Covid. They have 2 to 4 years of experience which is so sick. I wanna say they're an outlier but I don't know anymore haha. It reallly motivates me to consider making a switch after CPA exams and find my niche in fin-tech or accounting/finance software. I'm projecting that I'll join the low 100k club around 6ish years of experience and CPA. Which is hella long compared to the CS grads that are pulling in $150k TC first year at Amazon/Shopify lol.  | You get some and lose some at Amazon. Also keep in mind TC is not the same as salary. Your TC can be 120k or 150k, but your salary may only be 80k. If you can't suck it up and tough it out then that TC ain't happening.
You might want to consider getting some industry experience and then moving to a technical BA role where you help define requirements without touching code. You can easily get paid similar amounts if not more if you bring industry experience.
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01-08-2021, 11:26 PM
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#17052 | | Wunder? Wonder?? Wander???
Join Date: Feb 2005 Location: vancouver
Posts: 220
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Keep in mind not all companies in Vancouver pays the same as well. From what I've been seeing, currently in Vancouver right now, there are really 2 tech markets. The canadian tech companies and large corporate companies (hootsuite, shopify, etc), and there are the SF startups/ medium size companies that can't compete down in the Bay Area but willing to pay here in Vancouver (Asana, Grammarly, Brex).
Fyi, Facebook and Apple is also currently here in Vancouver as well and been here for a while. They have been using their Vancouver office as a holding office for Visas etc.
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01-09-2021, 01:48 PM
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#17053 | | i like gifs
Join Date: Dec 2001 Location: imgur
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Originally Posted by roastpuff So I got a call last night around 8-9PM from my realtor for a last-minute showing for noon today. My wife and I busted our ass cleaning up and polishing up everything last minute to make the apartment show-ready since our last showing was before Christmas. Too short notice to take time off from work as well, we are both WFH so we timed our lunches to let this person have a look.
The other people came in, spent like 3 minutes, and fucked off. Apparently they wanted a higher view (from a 3rd floor apartment). What a fucking waste of time. 
Can you not even look at the listing pictures, which clearly shows the view from the balcony/windows? | Most of the blame lies with that person but your realtor shares a bit of the blame. They should've vetted the potential buyer better.
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01-09-2021, 02:04 PM
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#17054 | | My homepage has been set to RS
Join Date: Apr 2004 Location: Vancouver
Posts: 2,288
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Originally Posted by Ch28 Most of the blame lies with that person but your realtor shares a bit of the blame. They should've vetted the potential buyer better. | More so on the buying agent. IMO they were the ones that should've known their clients preferences, and immediately scratched this off their list. Instead, they wasted everyone's time. But, alas that is the RE market. Just throw everything at the wall and see what comes out the other side kinda thing  | |
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01-09-2021, 06:03 PM
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#17055 | | Need to Seek Professional Help
Join Date: Jan 2005 Location: Van
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Originally Posted by Teriyaki More so on the buying agent. IMO they were the ones that should've known their clients preferences, and immediately scratched this off their list. Instead, they wasted everyone's time. But, alas that is the RE market. Just throw everything at the wall and see what comes out the other side kinda thing | Even if the buying/selling agent does their best to vet the client's preferences, sometimes you just walk into a place and know right away that it's not the one you are looking for, even though the property looked great in pictures and checked off most of your boxes. I've been a buyer a few times before, so I know what it's like and how quickly your requirements can change.
It's a lot like the interviewing process as an interviewer or interviewee. Sometimes, the interviewee is just there to practice their interviewing skills, or they are really only considering the opportunity at the company as a plan B or C.
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01-09-2021, 06:05 PM
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#17056 | | Need to Seek Professional Help
Join Date: Mar 2003 Location: Vancouver
Posts: 1,091
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this ^^..as a buyer as long as its close to your criteria you really should take a look at it...its like test driving different cars to get a feel of what you like
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01-09-2021, 06:14 PM
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#17057 | | Network Admin Team
Join Date: Apr 2001
Posts: 5,515
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Originally Posted by Gerbs What do you do? | Property manager. Unlicensed which means that I can only work for the sociopath billionaires that own/manage their own RE assets.12k/yr raises + small bonuses are common but they own your life and make sure that you know that.
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01-09-2021, 11:57 PM
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#17058 | | I WANT MY 10 YEARS BACK FROM RS.net!
Join Date: Oct 2007 Location: Vancouver BC
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I thought Vancouver re is so hot during covid
multiple offers even before 1st showing
sorry that there’s no open house rn
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01-10-2021, 01:53 PM
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#17059 | | Revscene.net has a homepage?!
Join Date: Apr 2001 Location: Vancouver
Posts: 1,222
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| Quote:
Originally Posted by Gerbs What do you do?
My tech friends are starting to hit $100k TC and no CS degree this year despite Covid. They have 2 to 4 years of experience which is so sick. I wanna say they're an outlier but I don't know anymore haha. It reallly motivates me to consider making a switch after CPA exams and find my niche in fin-tech or accounting/finance software. I'm projecting that I'll join the low 100k club around 6ish years of experience and CPA. Which is hella long compared to the CS grads that are pulling in $150k TC first year at Amazon/Shopify lol. | It's good that you have a CPA, but experience and portfolio will compensate for the degree. The expectations when hiring a College/Univ graduates is that they pull 60+ hours a week coding. Paying 80K is not a prob.
Vancouver doesn't have much roots for SW developers for fin-tech or accounting/finance software. The two larger ones Blackline and Galvanize, has a significant pay discrepancy between staff based in Vancouver and Toronto/US.
IOS, python developers is where the big bucks are had...
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01-11-2021, 07:39 PM
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#17060 | | i like gifs
Join Date: Dec 2001 Location: imgur
Posts: 27,179
Thanked 7,785 Times in 2,695 Posts
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| Quote:
Originally Posted by Teriyaki More so on the buying agent. IMO they were the ones that should've known their clients preferences, and immediately scratched this off their list. Instead, they wasted everyone's time. But, alas that is the RE market. Just throw everything at the wall and see what comes out the other side kinda thing | Quote:
Originally Posted by Alpine Even if the buying/selling agent does their best to vet the client's preferences, sometimes you just walk into a place and know right away that it's not the one you are looking for, even though the property looked great in pictures and checked off most of your boxes. I've been a buyer a few times before, so I know what it's like and how quickly your requirements can change.
It's a lot like the interviewing process as an interviewer or interviewee. Sometimes, the interviewee is just there to practice their interviewing skills, or they are really only considering the opportunity at the company as a plan B or C. | Quote:
Originally Posted by Sw0op this ^^..as a buyer as long as its close to your criteria you really should take a look at it...its like test driving different cars to get a feel of what you like | I get going to showings to get a sense of space. Things that show terribly in photos can end up being really good and something you want and vice versa.
However, this buying agent and potential buyer are fucking stupid. You're looking at a 3rd floor condo and your excuse for wasting everyone's time is that "the view sucks" What the fuck kind of view did you expect from a 3rd floor condo 
It's like my friend that's trying to sell his house right now. Realtor took excellent photos inside and outside to showcase it. One of the people showed up and one of the main complaints was that there were 3 steps leading up to their main door
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01-11-2021, 09:46 PM
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#17061 | | Rs has made me the man i am today!
Join Date: Jan 2005 Location: North Vancouver
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Originally Posted by Ch28 I get going to showings to get a sense of space. Things that show terribly in photos can end up being really good and something you want and vice versa.
However, this buying agent and potential buyer are fucking stupid. You're looking at a 3rd floor condo and your excuse for wasting everyone's time is that "the view sucks" What the fuck kind of view did you expect from a 3rd floor condo
It's like my friend that's trying to sell his house right now. Realtor took excellent photos inside and outside to showcase it. One of the people showed up and one of the main complaints was that there were 3 steps leading up to their main door | I hope all the other buyers has these kinds of ridiculous "demands" when I buy a place, it will make the bidding war less competitive.
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01-11-2021, 11:21 PM
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#17062 | | To me, there is the Internet and there is RS
Join Date: Apr 2007 Location: Okanagan
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When you guys are assessing potential rental properties, how are you determining an approximate rent if it isn't currently rented out?
__________________ 1991 Toyota Celica GTFour RC // 2007 Toyota Rav4 V6 // 2000 Jeep Grand Cherokee
1992 Toyota Celica GT-S ["sold"] \\ 2007 Jeep Grand Cherokee CRD [sold] \\ 2000 Jeep Cherokee [sold] \\ 1997 Honda Prelude [sold] \\ 1992 Jeep YJ [sold/crashed] \\ 1987 Mazda RX-7 [sold] \\ 1987 Toyota Celica GT-S [crushed] Quote:
Originally Posted by maksimizer half those dudes are hotter than ,my GF. | Quote:
Originally Posted by RevYouUp reading this thread is like waiting for goku to charge up a spirit bomb in dragon ball z | Quote:
Originally Posted by Good_KarMa OH thank god. I thought u had sex with my wife. :cry: | | |
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01-11-2021, 11:35 PM
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#17063 | | I contribute to threads in the offtopic forum
Join Date: Apr 2007 Location: AB
Posts: 2,777
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bought at the peak in 2016-2017, I'm looking to sell now to upsize to a 2bdr or townhouse
should I bite the bullet and take a haircut ($30-50k)? or wait a bit closer to summer?
thing is, if the market moves up say 5-10%, it translates into a much relative larger move on the buying / purchase side for the new upsized place (10% on +1mil compared to condo)
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01-11-2021, 11:40 PM
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#17064 | | Performance Moderator
Join Date: Jun 2001 Location: Richmond
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^
??? If you're buying into the same general area, whatever you're wanting to buy will also drop and rise with the same market... so waiting for your place to go up so you can afford more is a but of a misnomer... the place you want to buy will also go up.
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01-11-2021, 11:58 PM
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#17065 | | RS has made me the bitter person i am today!
Join Date: Apr 2014 Location: Van
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16 17 wasn't the peak. Also the prices are relative, yours goes up, the next place will go up in value too. And it's gonna be harder to chase upwards. As they are in higher demand than 1 bed unit right now. There's no such thing as sell high buy low. Only buy higher. Just like all the people that chickened out on their stocks in March, and "I'll buy it back when the markets has recovered after Coronas" well look what happened now.
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01-12-2021, 11:41 AM
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#17066 | | RS has made me the bitter person i am today!
Join Date: Nov 2010 Location: /
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Originally Posted by underscore When you guys are assessing potential rental properties, how are you determining an approximate rent if it isn't currently rented out? | Could be a dick move, but I made an ad to test out what candidates were like and if there's interest at that price-point. Otherwise, I'd look at comparables within that area in addition to historical data for that area and make a decision on the estimate.
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01-12-2021, 11:50 AM
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#17067 | | My homepage has been set to RS
Join Date: Aug 2002 Location: AB/BC
Posts: 2,224
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Originally Posted by underscore When you guys are assessing potential rental properties, how are you determining an approximate rent if it isn't currently rented out? | When IÂ’m looking at places out of town I join Facebook rental groups in that area. You can then get a feel for prices, demand and check the peopleÂ’s wanted ads profile to see if they are scumbags. You can also join community groups related to a specific city to find problem areas. Rant and rave groups are good because people will rant about the less desirable areas with theft/homeless etc.
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01-12-2021, 03:56 PM
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#17068 | | SFICC-03*
Join Date: Mar 2002 Location: richmond
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Originally Posted by m4k4v4li bought at the peak in 2016-2017, I'm looking to sell now to upsize to a 2bdr or townhouse
should I bite the bullet and take a haircut ($30-50k)? or wait a bit closer to summer?
thing is, if the market moves up say 5-10%, it translates into a much relative larger move on the buying / purchase side for the new upsized place (10% on +1mil compared to condo) | i guess what you're trying to say is that the condo market might catch up faster in appreciation vs the th market, since the condo market lags behind a bit?
even if you gain 10% on the condo and the th market only moves up 5% this summer, there would be almost no difference because of the price difference between the two.
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01-12-2021, 04:04 PM
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#17069 | | I have named my kids VIC and VLS
Join Date: Oct 2001
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Originally Posted by JDMDreams 16 17 wasn't the peak. Also the prices are relative, yours goes up, the next place will go up in value too. And it's gonna be harder to chase upwards. As they are in higher demand than 1 bed unit right now. There's no such thing as sell high buy low. Only buy higher. Just like all the people that chickened out on their stocks in March, and "I'll buy it back when the markets has recovered after Coronas" well look what happened now. | If 17 wasn’t the peak when was?
Every house I watch on eassessment was worth between 150-400k more in 2017
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01-12-2021, 04:16 PM
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#17070 | | It's like going crazy when you're already nuts
Join Date: Aug 2005
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Every property that I've seen take a hit when sold recently were purchased in 17/18 as well to further add to that argument.
Last edited by jing; 01-12-2021 at 04:21 PM.
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01-12-2021, 06:18 PM
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#17071 | | RS has made me the bitter person i am today!
Join Date: Apr 2014 Location: Van
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I think the official peak was 18 based on what I've seen. But yea any gains on your 1 bed won't be enough to catch up. Ie 10% on $500k = $50k but if you're trying to get into $1m even a 8% increase will be $80k you won't be able to catch up. I think the demand for one bed is still soft cuz soft rental, no students or new immigrants. Ppl who are in the market for the cheapest units are probably cerb recipients with reduced incomes.
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01-12-2021, 06:26 PM
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#17072 | | RS has made me the bitter person i am today!
Join Date: Apr 2003 Location: Vancouver
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Originally Posted by underscore When you guys are assessing potential rental properties, how are you determining an approximate rent if it isn't currently rented out? | I remember renting out my condo for i think $2000-2100 and basically got no one inquiring about it, the next week i changed up the ad to $1900 and got 20 people asking about it.(I guess people will filter out certain price points out of their search) Even though showing the place to that many people is a chore, it helped me pick the best possible renter.
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01-12-2021, 09:23 PM
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#17073 | | I subscribe to Revscene
Join Date: May 2001 Location: Vancouver
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Originally Posted by RiceIntegraRS I remember renting out my condo for i think $2000-2100 and basically got no one inquiring about it, the next week i changed up the ad to $1900 and got 20 people asking about it.(I guess people will filter out certain price points out of their search) Even though showing the place to that many people is a chore, it helped me pick the best possible renter. | what area of town?
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01-12-2021, 11:19 PM
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#17074 | | RS has made me the bitter person i am today!
Join Date: Apr 2003 Location: Vancouver
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Originally Posted by DA9ve what area of town? | Kingsway and Knight area, but this was 3 years ago
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01-13-2021, 10:23 AM
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#17075 | | RS has made me the bitter person i am today!
Join Date: Nov 2010 Location: /
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Just tested Joyce Collingwood area for $1,900/1BR and had over 40 - 50 inquiries. I felt like they were higher risk tenants and maybe 2 - 3 solid applications from couples with good-paying jobs.
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2022 Velo N
2005 S2000
2007 CSX Type-S [Sold]
2002 RSX-S [T-Boned]
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