It ’ s an abrupt U-turn for the coalition , which previously voiced support for an industry-wide structure that would better protect landlords and tenants .
Bluntly – the decision has been made to allow New Zealand ’ s property management industry to continue without rules , without standards , and without protections for its customers .
The property management sector in New Zealand handles more than $ 6 billion in rent payments annually whilst providing a roof over the heads of more than one million Kiwis and overseeing a national property portfolio valued at more than $ 140 billion .
With this much household prosperity on the line , how can we carry on without comprehensive industry frameworks ?
“ If you ’ ve been with us for a while , you will know how tirelessly our team has been working to lift the industry ’ s reputation whilst making significant strides in reshaping property management standards .”
At the same time , we have been thrilled to announce the market release of our Ray White Choice product suite , which are innovative solutions designed to revolutionise property management for self-managing landlords .
To celebrate this milestone , our team members are hosting more than 50 educational events nationwide throughout May . We invite you to join us to discover the exclusive benefits these products can bring to your property management experience .
It ’ s almost unbelievable that policymakers have abandoned plans for industry-wide regulation virtually a week out from these events . This makes Ray White the sole property management company in Aotearoa- New Zealand focused on education and accreditation , a position that we value and are committed to maintaining to better support tenants and landlords across the country .
Thanks to this focus on education and training , our Ray White property managers understand the legal frameworks and policy processes impacting stakeholders across the sector . With rigorous training requirements in place , our staff stay engaged , up-todate with changes , and consistently deliver exceptional value for our customers .
Our focus on education has meant we are now one of New Zealand ’ s most qualified property management networks , with the highest number of New Zealand Qualifications Authority ( NZQA ) accreditations in every office .
This value is particularly important considering a range of recently announced and significant changes to the Residential Tenancies Act 1986 .
At the time of printing , the changes below have not yet become law . However , they are expected to be introduced to Parliament this month , with changes in effect by early 2025 .
Photo : 39 Maungakiekie Avenue , Greenlane | Proudly marketed by Dean Tuffley , Ray White Mt Eden 25