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  1. #1
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    Apr 2006
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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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    Default

    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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    Feb 2004
    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

  6. #6
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    Default

    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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    NZIMUI

    New Zealand Institute of Made Up Institutes.

  9. #9
    Join Date
    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 - About PropertyTalk

    BusinessBlogs - the best business articles are found here



  10. #10
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    Jun 2005
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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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