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  1. #1
    Join Date
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    Default New Zealand Institute of Investment Property Educators

    Anyone noticed that PropertyTutors is running a text banner ad at the moment?

    Click on the ad and you are taken through to a promo for an upcoming event, which features a photo of a beaming Sean Wood above an official looking logo proclaiming him to be a member of the "New Zealand Institute of Property Investment Educators".

    Sounds impressive?

    The "institute" is a company (New Zealand Institute of Investment Property Educators Limited), the director of which is Steve Starke, General Manager of Property Tutors. PropertyTutors Limited owns a 33% shareholding in the "institute".

    Moral of the story: Beware of fancy sound titles which are designed to make people (or their products/services) sound more legitimate than they actually are.

    Paul Flood.
    Life Member and President, New Zealand Institute of Superior Property Managers.
    Last edited by Perry; 17-07-2010 at 11:12 PM. Reason: fixed typo

  2. #2
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    Would it be seen by the NZ advertising standards dept as a breach?
    It certainly sounds misleading .

  3. #3
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    Default

    I thought you would like that one Whitt.

  4. #4
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    Quote Originally Posted by SuperDad View Post
    I thought you would like that one Whitt.
    I guess someone if they felt it was misleading or false advertising they could complain to ASA and let them decide.

  5. #5
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    Location
    Wellington
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    I'd like to purchase a life membership to New Zealand Institue of Superior Property Managers..... Superdad as Preisdent could you put a good word for me to the selections board??

    Cheers
    Spaceman
    Delightfully in need of some Tender Loving Care
    Blessed are those who can give without remembering and take without forgetting
    Some things are not as they seem, nor are they otherwise

  6. #6
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    Quote Originally Posted by spaceman View Post
    I'd like to purchase a life membership to New Zealand Institue of Superior Property Managers..... Superdad as Preisdent could you put a good word for me to the selections board??

    Cheers
    Spaceman
    There is only one member on the selection board - the President.

    I'll see what I can do.

  7. #7
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    New Zealand Institue of Superior Property Managers
    NzIospm?

    New Zealand society consolidated association managers
    NzScam

  8. #8
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    Default

    NZIMUI

    New Zealand Institute of Made Up Institutes.

  9. #9
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    Aug 2003
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    Default

    Sounds like a great idea having an Institute of Investment Property Educators - don't you think? It might provide a code of conduct etc that has been sadly missing in the Industry.

    Cheers,

    Donna
    PropertyTalk Blog - property articles

    BusinessBlogs - the best business articles are found here



  10. #10
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    Do you honestly think it would work? I had hoped it would too but reality is different.

    For an institute to work it would need guidelines plus a charter and be run by a non-affiliated organization.

    If it was run or organized by an educator or group of them it would be biased and end up a controlled boys club with accreditations been given to only the mates. This in time would have a high chance of being corrupt.

    Why would a Non-affiliated organization get involved if there is nothing in it for them?


 

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