In The Know
25 September 2019
Click the headings below to read more or visit the Property Management page
A Call For Change - Better Property Management
Help us protect tenants, landlords & property managers!
New Zealand is one of the few countries in the OECD that does not regulate its property managers.
REINZ believes that regulation is necessary to protect tenants, landlords and the reputations of those property managers who are acting professionally.
REINZ is now calling on the Government to formally review the need to regulate the property management industry, including public consultation, and to announce its recommendations for reform before the 2020 election. We have the support of 40 organisations so far across New Zealand who support this.
If you have examples you would like to share of behaviours that are undermining the professionalism of the industry, please visit www.acallforchange.co.nz
Follow the official Facebook page here.
Life Membership Nominations
Nominations for Life Membership of the Real Estate Institute of New Zealand are now open and close on Wednesday 23 October at 5pm.
Ask Advisory: Can I advertise a garage that has been converted into a bedroom, as a bedroom?
If the garage has been converted into a bedroom and a Code Compliance Certificate (CCC) was issued by the council upon completion of the work, then the space may be advertised as a bedroom.
If work was not consented and the space is advertised as a bedroom then, this is likely to mislead any potential purchasers.
If there are any signs that a property has a garage conversion, check with the vendor that the work has a CCC. If the garage is not consented and the vendor does not wish to apply for certification, you will need to disclose the lack of certification to potential purchasers. You must obtain the vendor’s consent prior to disclosing this information.
Unsure about something? Head to Advisory Resources on our website
Advisory Resources is a virtual library that provides members with a variety of information, best practice guides and templates to assist with the compliance and legal aspects of real estate.
You can find help on various topics such as:
- Agency Agreements
- Anti-Money Laundering
- Advertising and Marketing
- Auctions
- Conjunctional Arrangements
- Disclosure
- Overseas Investment Act
- Privacy
- Tenders
Click here to access Advisory Resources
Feel free to direct any compliance related questions you have to advisory@reinz.co.nz
Verifiable Training
Christchurch Verifiable Training
Wednesday 16 & Thursday 17 September
Registration deadline Thursday 10 September - a $50 per person late fee will apply after this date.
Auctioneering Fresh Starter Training
Monday 7 & Tuesday 8 October
Fun, interactive and engaging 2-day rookie auctioneer training facilitated by Mark Sumich. NV = 7 hours
Book now
Christchurch Workshop
Tuesday 8 October
Earthquake claims, withholding information, misconduct.
Book here.
Auckland C&I Workshop
Wednesday 25 October
Unit Titles Act, disclosure, commission disputes and more.
| Book here
Verifiable Dates for 2019
| Region | Dates | Location | |
|---|---|---|---|
| October | |||
| Christchurch 2 | 16 - 17 | The Atrium | Book Now |
2019 REINZ Golf Tournament
Monday 18 November
Entry includes green fees, prize table, first drink and after match platters.
Thank you to our sponsors Ingham Prestige Mercedes-Benz and Skills.
This event is open to REINZ Members, partners and clients registrations close on Friday 8th November (unless sold prior). Registration will be open on the day from 10:30am with the Matte Black Restaurant open for Morning Tea, Lunch and Coffee. Shotgun start at 12:00pm.
Book here
Inspire | Motivate | Connect
Thank you to all the attendees, sponsors, supporters and exhibitors that made it along to the 2019 YPIRE Conference! We hope you enjoyed the day.
For all REINZ Events, click here.
| November | |||
| 2019 REINZ Golf Tournament | 18 November | 12pm - 5pm | St Andrews Golf Course, Hamilton |
New RentalSmarts Template Options
Since releasing RentalSmarts we have had great feedback and suggestions to make the tool better. One of the main ones being the ability to add your own logo easily and change the heading colour on the end report. These updates have been designed and are currently being tested for release in the next couple of weeks.
We love feedback and being able to make the tools we create work better for you! Please don’t hesitate to email statistics@reinz.co.nz with any ideas for future enhancements for any of our digital products.
This week on the blog: Why mindfulness matters at work
A key benefit for busy professionals is that it dramatically sharpens decision-making skills. For example, when you are aware of your thoughts, you are empowered to pause and choose your response, rather than just making a knee-jerk reaction.
Changing regulation biggest impact for real estate profession going forward
According to our recent survey of members around the country, 59% of you cited changing regulation as the top trend that may impact on the industry over the next three years, whereas two years ago changing regulation was 6th on the list with 51% citing it as having a great impact.
Read more about the results here
Crombie Lockwood - New Member Benefit Supplier
RE-Liable - professional protection for real estate business owners. Exclusively available to members of REINZ who are new Crombie Lockwood clients.
- Save up to 30% on your premium
- Exclusive cover extensions including Leaky Buildings
- REA and CAC penalties covered
- FREE legal advice hotline
- PLUS all your liabilities included
End of year funding for Women's Leadership Development available
Residual funding is available to support the development of female leaders across NZ’s real estate and property sector.
Women & Leaderships New Zealand is providing women with grants of between $2,500 and $8,000 to enable participation in one of three programs that cover such things as reinforcing resilience and wellbeing, engaging with challenge and conflict, creating future focus, leading authentically and driving performance.
Find out more and register your interest by completing the Expression of Interest form here prior to 22nd November 2019.
REINZ works in partnership with NetYourJob recruitment to provide maximum industry coverage when you’re looking for real estate staff. NetYourJob can provide REINZ Members with competitive marketing rates for job advertising. Contact NetYourJob on 0800 638 968 to find out more or click here to view new jobs this week.
