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.
Property managers are the gatekeepers of housing for some of New Zealand’s most vulnerable residents.
The impact of poor property management practices is often reported in the media. With home ownership at its lowest level in 60 years and demand for rentals increasing, 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.
REINZ believes that regulation is necessary to protect tenants, landlords and the reputations of those property managers who are acting professionally. However, it’s important that regulation doesn’t become overly expensive resulting in costs being passed on to consumers. We want regulation to be simple and cost effective but robust enough to deter poor behaviour and help improve professionalism across the industry.