Ensure a Seamless and Profitable Strata Wind-up and Sale Process
With our unparalleled strata experience and extensive market connections, we guide your strata through the marketing and wind-up process. A wind-up can provide an incredible opportunity for your owners to capitalize on significant profit opportunities or avoid expensive special levies. Our proven method will ensure your owners are well-informed and can transition smoothly into new ownership.
- Completed Sales 10
- Transaction Volume* $460M+
- # of Owners Represented 650+
*as of April 2021
Does your Strata Corporation have the potential to realize greater value by selling as a group? Can you avoid large repair costs by considering a wind-up opportunity? Our team will provide a preliminary assessment of your property to get our conversation started.
With a greater understanding of the opportunity gained through the preliminary assessment, our team will meet with your strata council or a group of invested owners to provide an overview of the process and key considerations we have learned from our experience with other strata corporations.
It is critical to ensure your ownership is informed throughout the process. Information meetings, with plenty of time for questions, will help your council and our team gauge your ownership’s interest in pursuing a wind-up strategy. Our presentation will ensure your ownership understands the process, timeline and expected range of value for the property.
You and your ownership are now informed and ready to engage our team. You are positioned to market the property and discover what value can be unlocked. A Special General Meeting will provide the strata council with the authority to sign a listing agreement and our team will get to work on your behalf.
What is a strata wind-up?
Why would my building consider a strata wind-up?
As owners plan for the future of their buildings, we believe there are three pieces of information they need to make an informed decision: the value of their home on the residential market, the cost of any repairs required for the building over the next two, five and ten years, and the value of their strata lot based on a wind-up. Some owners choose to wind-up to capitalize on large financial gains, others to avoid large special levies, but all owners should be informed prior to making any big decisions.
Do I need to hire a commercial realtor for a strata wind-up?
What percentage is required to approve a wind-up?
What is the strata wind-up process?
How can my ownership maximize returns from a strata wind-up?
Vice President | Personal Real Estate Corporation
Hart is a Vice President in the Vancouver office of Colliers International. He is a senior member of the Land and Investment group having joined Colliers in 1985. Hart’s early specialization in development land sales has allowed him to create many long-term relationships within the development community. These relationships include developers, consultants associated with the development process, and municipal planners and officials, all of which offers Hart’s clients access to critical elements of the development process required to complete a development land transaction. Recent changes to the Strata Property Act have allowed Hart to show case his expertise in the Court approved sales process which is a requriment of a Court sanctioned Strata Wind Up.
As an active member of the Vancouver Urban Development Institute Hart is able to keep in touch with the market and maintain the relationships that allow the exchange of ideas and information within it.
Jennifer joined Colliers in September, 2015 as a member of the Western Canadian Acceleration Program. She specializes in the sale of Redevelopment Land and Investment Properties. Jennifer has established expertise in the newly adopted Strata Wind Up Process in British Columbia. She assists Strata Corporations through the Wind Up process to allow their owners to capitalize on significant profit opportunities and transition smoothly into new ownership.
She previously worked for Speedo Canada (PVH Canada, Inc) and was responsible for all contract and sponsorship management as well as national sales and marketing initiatives.
Jennifer is a graduate of McGill University where she studied business with specializations in marketing and accounting. She is currently a candidate in the Diploma in Urban Land Economics program at the University of British Columbia specializing in Development.
See Why 650+ Owners Choose Colliers
“Our trust in Hart and Jennifer has been well-rewarded, not just financially, but in their attention to detail and analysis, their breadth of contacts in the Vancouver and international real estate market… and their focused, client-centric approach to personal and business relationships.” – Rob Thompson, VR120
“Throughout the long and intensive process, which lasted well over a year, the winding up of Bel-Ayre Villa was a success, thanks to Hart and Jennifer who never took their eyes off the ball.” – Chris Green, VR1966
“The Colliers professional team is diverse and recognizes that strata owners are selling their home, while the role of the commercial broker is in marketing the land.” – Linda Delparte, NWS608