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Denise Brown, REALTOR®, real estate agent and broker for Whistler British Columbia home listings, property and land for sale - NUMBER1EXPERT(tm)
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Marketing Whistler Resort
Welcome > Resources > Marketing Whistler Resort ...

Whistler – Marketing the Resort to a Worldwide Audience 

Tourism Whistler Fees and Assessments
To fund the marketing, promotion and sales of resort services that make Whistler a successful destination, Tourism Whistler was formed to carry out collective marketing initiatives on behalf of the resort in order to maximize the financial success for all investors. Membership is compulsory for all properties on ‘Resort Land,’ and all members are required to pay assessments, which are set out in the Tourism Whistler Bylaws. Some Tourism Whistler’s marketing activities include: 

Marketing
You have probably seen brochures and read articles about Whistler in ski and travel magazines, newspapers, stores and other media as a result of Tourism Whistler programs. 


Facilities
Tourism Whistler operates the TELUS Whistler Conference Centre, Whistler Golf Club, Whistler Activity and Information Center and a central reservations system to allow direct vacation bookings. 

Festivals and Events
Program day-to-day village activities such as street entertainment, music festivals and special events throughout the year. 

Familiarization Tours
With the assistance of the hotels and restaurants, Tourism Whistler hosts media and travel industry leaders to increase awareness and knowledge of the resort. 


Fee Structure
Tourism Whistler has specified two fee categories. The first is Common Cost including costs for administration, general information, security and member services. The second category is Commercial Cost for the costs of marketing, promoting and selling Whistler as an international destination. 


Members Classification 

Commercial Members: contribute to the Common and Commercial Cost as operators of shops, restaurants and commercial offices. 

Residential Members: billed both Commercial and Common Cost for their condominium or home, but can have the Commercial Cost waived if the property is not rented, or available to rent more than 14 days per year. To claim this right, the Tourism Whistler member must swear a statutory declaration attesting to the non-rental provision. These members own properties which are not compelled to have the property placed in a rental pool. 

Lodging Members: those who choose to make their property available to rent for 14 days or more per year, and those who have a rental covenant registered on title (even if the property is used for personal recreation only), they contribute both Common and Commercial Cost. The only exception is if the owner occupies the property as his or her principal residence. To qualify for this exemption, the member must complete a notarized statutory declaration each year. 


Understanding Phase 1 and Phase 2 Covenants
In Whistler, some properties are covered by covenants ensuring that adequate accommodations are available for visiting guests. Phase 1 covenant requires that when the property is not being utilized for personal use, it is available 90 per cent of the time for nightly rental through a property rental management company. 

Phase 2 covenant restricts the owner’s personal use of the property to 28 days in the summer and 28 days in the winter, while making the property available for rentals through a property rental management company. 

Obviously, the key differences between Phase 1 and Phase 2 are the amount of time for owner use and the flexibility owners have in choosing a rental management company, as well as the amount of time it can be rented. Determine your motivation and home requirements by completing the questionnaire under “For Home Buyers.” 


Financing Nightly Rental Properties
Currently, financial institutions are requiring down payments of between 35 and 50 per cent on the purchase of properties zoned Phase 1 and Phase 2 (nightly rental properties) from both resident and non-resident buyers. 

 

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Real Estate Tips
Titles >Do You Really Need Title Insurance

When a home is purchased, title insurance is one of the closing cost items on the closing statement. This insurance protects the buyer from defects in the title that are not discovered until after the closing. There are two kinds of title insurance--coverage that protects the lender for the balance of the mortgage if the buyers have a loan, and coverage that protects the buyers' equity in the property.

It is prudent to purchase owners' coverage because most of the title problems that arise after a closing are not from a sloppy title search, but are the result of inaccurate information in the public records. The ownership chain goes back a long way, and fraud or misrepresentation anywhere in the chain could mean big problems. Title insurance will protect you if a wife or husband did not properly sign off on the ownership papers or if the property was sold as part of an estate that was later disputed. Most people do not have to deal with the title insurance company after the closing, but this coverage could save your investment if a problem arises.

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Real Estate Trivia
Q 
What are considered the ideal conditions for a seller's market?

A 
In a seller's market, prices are firm and good houses are sold before advertised or as soon as they show up in the MLS.
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Denise Brown, REALTOR®, real estate agent and broker for Whistler, British Columbia home listings, property and land for sale - NUMBER1EXPERT

Denise Brown
RE/MAX Sea to Sky Real Estate Whistler

135 – 4370 Lorimer Road
Whistler, BC. V0N 1B4
Canada
Cell: 604-935-2013
Direct: 604-905-6362
Toll Free: 1-888-935-2013
Fax: 604-932-4120
Email: denisebrown@NUMBER1EXPERT.com
Email: denise@myseatosky.com

Denise's Guarantee: - Royal service by responding to your questions in less than 24 hours - Full and complete information - To be ‘Today’s Realtor” by utilizing innovative technology - To be continually updated on her knowledge, education, technology products and services. Why? Because Denise wishes to earn your loyalty and be your Realtor of choice in the Whistler area. To do this she realizes that she has to earn your trust and respect by providing truly professional real estate service. She believes that service, integrity, knowledge, efficiency and trust are crucial elements of professional real estate services. Denise prides herself on exceeding the expectations of her clients on these elements and has an exemplary reputation earned over the years from doing so. Denise really does take your interests to heart. If she does not exceed your expectations, she will happily refer you to one of her colleagues!

MLS REALTOR


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