Cry Me A River

[Perry]

If the REA was following all the necessary owner's briefing / RTS guidelines, perhaps.

But if the REA was acting contrary to the owner's instructions, then vicarious atonement seems inappropriate, to say the least.

[mrsaneperson]

There's always the jobs that come with more regulations.

And more corruption rather than less.

[Perry]

Another triumph of REA ethics, to add to the list in my earlier post.

Make great PMs, they would. Right?

[bolproman]

I think we should be regulated so that tenants and owners know we have a code of standards and basic understanding of rules...but NOT by RE authorities I agree.

[Perry]

Right to be Offended Reinforced

Even independent PMs have their woes:

'Degrading' adverts that outraged renters are shown the door
13 Aug 2018

A series of advertisements that outraged renters has been dumped after property manager Quinovic stepped in to censure the franchisee that was behind the controversial campaign. The advertisements, which were created by Quinovic's Lambton Quay franchise and published on Faecesbook, appeared to question landlords on whether they were charging too little rent, by asking them if they were financing their tenants' social life.

[Perry]

Strained Contexts Plus Pot Meet Kettle

Bindi's bemoaning again.

'KFC' test for tenants: Property managers asking for bank statements

"The Ministry of Social Development website actually says to prospective tenants 'If you're in paid work, ask your employer to give you a letter stating that you're employed in a permanent or long-term job. Or, you could show your landlord your bank statement with regular income'.

"It's important that property managers carry out due diligence on behalf of their clients - landlords, but the focus needs to be around ascertaining whether a tenant has stable employment and can pay the rent, not whether they spend their disposable income on KFC or Uber Eats.

Where does it say it's disposable and what if it's not, Bindi? You're just speculating to make a strained context point.

"While there are many amazing property managers out there, unfortunately their high standards are being undermined by a lack of regulations and also by a small group who don't have the same ethics."

Bindi could be talking about REAs, there!

Agent must pay $13,000 after misappropriating deposit funds

Real estate agent Chris Gollins fined $10,000

Norwell said there needed to be consistent standard to ensure industry and consumers had enough protections in place, that there were protections around holding money in a trust account, that property managers had the appropriate insurance in place to operate in the industry, had a dispute resolution process in place and ensured that regulatory compliance was being adhered to alongside operating under an industry-wide recognised qualification.

We know how well an industry-wide recognised qualification works for the REAA!

Go peddle your empty and empire-building-biased rhetoric somewhere else.

[artemis]

Even independent PMs have their woes:

'Degrading' adverts that outraged renters are shown the door
13 Aug 2018

Streisand Effect. Landlords who would not have seen the ads on Facebook now know where to go for a pitbull PM.

[Perry]

While there are many amazing property managers out there, unfortunately their high standards are being undermined by a lack of regulations and also by a small group who don't have the same ethics.

Just how do those ethics work again, Bindi?

Real estate agent Max Vertongen engaged in unsatisfactory conduct.

An awkward one, but still an example of those splendid REAA ethics that Bindi bangs on about.

[Perry]

Another one for you, Bindi. Great REAA ethics are ingrained, eh what?

Agent loses licence after sleeping and showering at listed property
27 Aug 2018

A real estate agent who slept in a property listed for sale, and was caught by its owner's mother having a shower the next morning, has lost his licence. Geoffrey Mairs was found guilty of disgraceful conduct by the Real Estate Agents Disciplinary Tribunal. It has now cancelled his licence.

[FJW]

Perry, I don't see how regulating property managers will be any different to how the tribunal polices unlawful business practices followed by PM firms....?

[Perry]

That's not what I'm getting at.

Rather, it's the constant carping by Bindi & Co about how all rental agency ills will be cured by forcing PMs to be licensed and regulated by the REA.

Give the number of licensed REAs who breach those much-touted ethics, Bindi & Co are engaged in attempted empire building, and nothing more.

Real Estate Authority
We are the independent government agency that regulates the New Zealand real estate industry. Our purpose is to promote and protect the interests of consumers buying and selling real estate, and to promote public confidence in the performance of real estate agency work. Our job is to promote a high standard of service and professionalism in the real estate industry and help protect buyers and sellers of property. We license people and companies working in the real estate industry. We maintain a Code of Professional Conduct and Client Care setting out the professional standards real estate agents must follow.

A government agency is independent? Really? Since when?

Code [that] real estate agents must follow? Really?

How about should follow?

[FJW]

Oh yes, sorry I'm with you now, I wonder how many people would agree with your views?

[Keys]

More than not.

[Sharon]

Anglican Church latest to slag PMs off claiming licensing and regulation the answer to rental shortage. Asked for a copy of this report and was told only available to selected media and political parties. Unbelievable.

[Perry]

Anglican Church . . . claiming licensing and regulation the answer to rental shortage. Unbelievable.

They don't want anyone to see the report because they'd have to explain how regulating PMs would somehow, auto-magically be the answer to NZ's rental shortage.

Verily, I say unto you, phaith moveth mountains of BS.