Austin Real Estate Consultants
Corporate Profile
Peter Austin formed the consulting group in 2003 after having been a partner at Burgess Austin Cawley for 25 years, which he had founded in 1978 with Mr. Burgess.
Peter is joined by a team of qualified, experienced appraisers and support staff who assist in the review of assessments each year and the preparation of appraisal reports. Austin Real Estate Consultants is owned and operated by Aura Properties Ltd.
The company has owned, renovated and managed a number of residential and commercial properties, as well as having participated in the development of several real estate projects.
Peter Austin Experience
Peter Austin has a degree in real estate (B.Sc), appraisal qualifications (AACI) and Chartered Arbitrator designation (C.Arb).
His business activities include:
- President of the Canadian Property Tax Association and British Columbia chapter member
- BC Arbitration and Mediation Institute Board Member
- Greater Vancouver Apartment Owners Association Director
- Civil Resolution Tribunal Working Committee
- Various Strata Councils
Property Assessment
Experience since 1978 has included the review of up to 500 property assessments each year, negotiations with BC Assessment and attending Appeal Board hearings.
Arbitrations
Disputes arise between landlord and tenants, partners and others where rents and values cannot be agreed upon. Mr. Austin, with his Chartered Arbitrator designation and vast experience as an expert witness, has given him the ability to view issues from a broad perspective. He has been the arbitrator in many rental or strata disputes.
Rental Studies
Many landlords and tenants need evidence to support their claim for an increased or decreased rent upon the renewal or turnover of a lease. For many years, both short form (charts of comparable leases) or a full appraisal prepared by Mr. Austin, have assisted parties in negotiating a rental both feel is market rate.
Keep Reading
Appraisal
Austin Real Estate Consultants cover most types of real property, ranging from vacant land to major developed complexes for clients that include many of British Columbia’s and Canada’s largest companies and Financial Institutions. The company has been retained by many major landowners and law firms to assist them with their assessment appeals, expropriation, rental disputes, and other legal matters.
Feasibility and Due Diligence
Austin Real Estate Consultants has performed research and feasibility analysis for:
- developers investigating the potential for development sites and
- purchasers with regard to the viability of investment proposals and investigation of problem projects.
Property Management
The company was active in the management of a shopping centre from inception, including the arranging for tenant set up and move in. The company has also managed an office building and over 20 apartment buildings, with as many as 100 units, at one point in time. Involvement with Strata councils also involved property management.
Development
The company has been the owner of several land parcels. The company has historically been involved in the development process regarding several parcels, overseeing renovation, conversion, and refurbishment of over 25 multifamily properties. It is currently sub-dividing land in Belize, building a sixplex in Phoenix and converting a triplex in Kamloops.
Education
Peter Austin’s Teaching assignments include Appraisal at UBC for the Diploma course, Property management course at Langara and guest speaker for various professional organisations including the Fraser Valley Real Estate Board and BC Central Credit Union. He has also organised and spoken at several Property Tax Seminars. He has mentored several candidate appraisers over the years.
Qualifications
Professional Experience
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1973 – 1975
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Knowlton Realty – industrial, commercial, ICI sales and leasing |
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1975 – 2003
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Appraisal & consulting, initially as a sole practitioner, then forming Burgess, Austin & Associates in 1978 |
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2003 – present
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Principal – Austin Real Estate Consultants |
Degrees and Designations
- Fellow – Royal Institution of Chartered Surveyors (FRICS)
- Member of the Appraisal Institute of Canada (AACI)
- Chartered Arbitrator (C. Arb)
- Bachelor of Science (Estate Management) (B. Sc)
Associated Activities
| Canadian Property Tax Association | BC Chapter chair 2005-2011; Executive member 2022 to present National Committee Member 1997 – 2002 National President 2000 |
| BC Arbitration and Mediation Institute | Provincial Board Member 2011 – 2020 |
| Greater Vancouver Apartment Owners Association | Director 1990 – 1994 |
| Int. Council of Shopping Centres | West Canadian Committee 1991 – 1993 |
| Little Mountain Residential Care & Housing Society | Director 1984 – 1989 |
| Strata Council | Summerhill Court HOA Mobile, Alabama Tantalus Lodge, Whistler |
| Member Working Committee | Arbutus Village renovation project, Vancouver 2017 |
| Civil Resolution Tribunal | Working committee Strata 2018 |
| Vancouver Selects | President of the District Soccer Club |
Contact Us
Austin Real Estate Consultants
Vancouver, British Columbia
V6L 3E2