“ Ray White New Zealand has been at the forefront of this shift , investing heavily in the education of our property management teams . With 91 per cent ( and counting ) of the network ’ s property managers now holding New Zealand Qualifications Authority ( NZQA ) accreditation , we strive for the highest standard of expertise in property management .
“ This commitment to education is especially crucial for our customers as the government has signalled a move away from licensing and regulating the industry .”
“ Property management is critical not only to the financial health of investors but also to the wellbeing of tenants , ensuring that the most fundamental human need – housing – is met with professionalism and care .”
– Zac Snelling , Ray White New Zealand , Head of Property Management .
“ Uneducated landlords ( or their property managers ) need to be more careful with an increasing customer awareness of rights & obligations that highlights the need for certified , experienced property management to navigate these complexities .”
MARKET TRENDS AND PREDICTIONS
For the months ahead , Snelling points to several key trends that will impact both landlords and tenants . “ While the supply and demand for rental properties have come into better balance over the past year , the real test will come in the typically busy months of January through March . Historically , this period sees a surge in new tenancies , and the market may be under pressure to meet that demand for certain types of properties .
“ Down the line , forecasts indicate house prices will grow in 2025 , with factors including migration , lower lending rates , and a restrained development pipeline potentially driving long-term asset appreciation .”
Snelling says these factors have provided a boost for experienced investors preparing for a market recovery .
“ The evolving market landscape presents fresh opportunities for keyed-in investors . While some regions grapple with a scarcity of affordable housing , residential developers have held onto unsold inventory from earlier projects – move-in ready homes that meet Healthy Homes standards poised to deliver attractive rental yields . These properties are catching the eye of investors keen to grow their portfolios as the market regains momentum .”
THE YEAR OF FLEXIBLE PROPERTY MANAGEMENT
“ Shifting market dynamics in the property management sector throughout 2024 have highlighted an acute need for professional guidance that has never been more urgent . As the market becomes more regulated and economically complex , having an expert on your side is crucial .
“ In-house , we proudly launched our Ray White Choice product suite to great reception , with the tools supporting ‘ do it yourself ’ landlords to gain freedom and choice from their property management provider .
“ With the proper support , landlords can continue to thrive throughout variable conditions , and tenants can enjoy the security and stability they deserve . We ’ re proud to take charge of providing industry-leading services that meet the needs of today ’ s market , ensuring a brighter , more secure future for all .
“ As we move into 2025 , landlords and tenants who stay informed and adaptable will be best positioned to capitalise on emerging opportunities and navigate any choppy waters ahead .”
– Zac Snelling , Ray White New Zealand , Head of Property Management .
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