Nz Property Management Newsdesk

The need for Long term tenancies Why New Zealand needs a mind shift away from homeownership as Government releases its discussion document with regards to tax reforms around residential rentals

The time has finally come to let tenants have pets. We explain how it can work to keep both parties happy. Are we breaching Human Rights by not allowing tenants to have pets?

- The government takes a sledgehammer to property investors which could have a detrimental effect on the Property Management industry. - Rent increases inevitable as the social housing waitlist could balloon further. I never thought I would think this, but I do miss Winston Peters. Yes, he did create this Government back in 2017 but if he was still there, do you believe that the Housing Policy announced by the Government last Tuesday would look anything like it currently does?

Mandatory pricing on For Rent signs is utterly ridiculous protects nobody and highlights a ‘paternalistic nanny state’ approach towards being a landlord and the Property Management industry argues David Faulkner.

There are small but hugely significant changes to the Residential Tenancies Act that have largely gone unnoticed and it has nothing to do with the pending reforms. It involves methamphetamine and other contaminants.

It is that time of year again when we look at what the industry has had to cope with in a year like no other. We look at what was good, bad and ugly in terms of renting and the Property Management industry over the last 12 months.

There is a big increase in the percentage of tenants taking landlords to the Tenancy Tribunal. Are the statistics showing a new trend or is the lockdown to blame?

It has been over 10 years in the making, but finally, regulation appears to be imminent for the Property Management industry in New Zealand. In our latest article, we take a look at how we got to were we are as well as what regulation may look like.

As we approach the end of the first term of this Labour-led Government, we have decided to look back at the last three years to see if they have really lived up to their 2017 election promise in regards to making life better for renters. To be fair to them, they have just about delivered on all of their promises, but have they really made life better for renters or have they only been successful in driving up rents through a barrage of forced changes that landlords are having to make?

The Property Management industry could be set for unprecedented growth and we explain why

Never before in the short history of our property-owning democratic country has the tenant had so much power. Our current Government has done more for tenants rights than any in living memory. In the last three years of the Labour-led coalition, we have seen a gradual shift in the balance of power, so much so that we may see a new generation of renters that have no desire to own their own homes.

Landlords could be using short term booking sites such as Airbnb in an attempt to contract out of the Residential Tenancies Act, however, by doing so they are exposing themselves to substantial risk and possible rent refunds. We became aware of the situation on a recent consultancy visit to Christchurch. A Business Development Manager highlighted that she noticed properties she had recently appraised for owners relisted on Airbnb.  Prior to the lockdown, these properties were used solely for short-term stays but instead of being used for one or two nights, they are being occupied for long term stays.

As many of us return to the office our industry got a glimpse of what the future of Property Management could and should look like. David Faulkner argues that we must learn lessons from the lockdown and evolve to thrive in a rapidly changing world.

Michael Abbott is our guest this week on Property Management Wine Time. Michael is the CEO of Palace, New Zealand's largest Property Management Trust Account Software provider. Even though this business has grown rapidly over the last decade, it is still very much a family run business after being founded by Michael's father, Ron Abbott. We talk about the history of Palace which is now over two decades old. It also hasn't always been plain sailing for the team and Michael talks about the challenges they faced as well as looking into the future. Benchmarking and Artificial Intelligence have a big role to play in the future of Property Management. Who better to ask future?

There are few Property Managers in New Zealand that are more recognisable than Shadi Salehpour. This lady has a true passion for the industry and is well known for her tenacity, hard work and sometimes more elaborate social media posts!! But that is only half the story. Shadi shares her remarkable journey from escaping a war-ravaged country as a child and moving to New Zealand with her parents. Shadi is a former winner of the LPMA Property Manager of the Year and has played a pivotal part in the success story of The Rent Shop. Shadi believes property management is about people, take people away from the equation and there is no property, Shadi understands and appreciates the people she works with on a daily basis, tenants, tradesmen and other industry clients. Join us for our fourth Property Management Wine Time with probably our most extrovert guest yet!!

Bindi Norwell and Joanne Rae of REINZ agreed to join us for glass and a chat in the midst of the COVID-19 pandemic and just as the industry gets prepared for the drop from level 4 to level 3. Bindi is the CEO of REINZ and has had a monumental task over the last few weeks as she and her team have guided the industry through probably it's the greatest challenge in over 100 years of the Institute's history.  Joanne heads Property Management for REINZ and provides support for the many Property Managers across the country

Two years ago, Jack Vale took out the coveted Leading Property Managers Association Excellence in Business Development award whilst working for Tommy's Property Management. Now he has made the transition from Property Management to Real Estate sales. We decided to catch up with Jack during the Lockdown to see how he has coped with the transition, the influences he has had in his career and some of the projects that he is currently working on at the moment

After Harrison Vaughan from Tommy's Property Management raved about Renti in our first Property Management Wine Time, we decided to get them on. Renti is a Proptech company that simplifies the renting experience for Property Managers and tenants alike. We got Co CEO Russell Smith and Operations Manager Gabriella Scott-Lister in for a glass of wine and a chat about how they are changing the face of renting for the better.

During the COVID-19 pandemic and whilst New Zealand is in lockdown, we decided to catch up with some of the Property Management industries well-known personalities for a question and answer session. In our first Wine Time series, we catch up with the young Director of Tommy's Property Management in Wellington, Harrison Vaughan. He answers questions about how they have used technology and the power of their large sales team to help grow the business. He also answers questions about how they are coping during the lockdown period.

Tara Bradbury has done it all. This inspirational young mother of two has had a stellar career. First as a Business Development Manager, then as one of Australia's most recognised coaches and now she is back on the tools in her native Hervey Bay on the Queensland coast as Principal of Digital Property Management company, Active Agents. Her company, Active Agents is in its infancy yet she has had great success over the last 12 months. Tara also shares how she is coping with the current pandemic and how this is impacting not only her business but Property Management as a whole. She explains what a digital Property Management company looks like and shares her secrets as to how she keeps control with such a busy lifestyle.