59: How Commercial Lending is Impacting the Every Day Consumer with Will Pigott

Episode 59: Matt and Taylor are joined by Will Pigott. Will is currently an Associate Director and Team Lead at Scotiabank from Kelowna, BC, who will be transitioning into a Commercial Realtor in the summer of 2024. Will has spent the last 7 years covering Northern BC and the Okanagan as a Commercial Banker, and will be looking to leverage this experience and network connections to serve his clients.

 

Will is here to discuss:
→ The changes to the Basel Framework (international regulatory standards for banks) after the latest financial crisis in 2023 and how that affects a lenders ability to distribute their capital.
→ Why banks are trying to use promotions and lower rates to entice customers into multiple products.
→ And the differences in financing a commercial or residential property.

 

Will Pigott's Instagram: @wpigott

Will Pigott's LinkedIn: @WillPigott

 

The Kelowna Real Estate Podcast is brought to you by Century 21 Assurance Realty, the gold standard in real estate. To learn more, visit: www.c21kelowna.ca

 

Matt Glen's Website: www.mattglen.ca

Matt Glen's Email: Matt.glen@century21.ca

Matt Glen's Instagram: @mattglenrealestate

 

Taylor Atkinson's Website: www.VentureMortgages.com

Taylor Atkinson's Email: Taylor@VentureMortgages.com

Taylor Atkinson's Instagram: @VentureMortgages