What's been happening
Regulation for the property management industry?
Well it looks like we’ve gone full circle, with a return to the good old days where Property Management was regulated by REINZ (or the Real Estate Institute of New Zealand).
That was one of the Labour government’s promises if re-elected – and here we are!
The past 100 years in a nutshell:
Dominion Estate Agents and Land Auctioneers Association was formed in Wellington on July 22, 1915....
Wellington average gross rent yield = 3.77% - According to QV
Leaders Property Management average gross rent = 7.0%
Which is music to the ears of property owners ♫ ♪
...But it comes at a price!
6 quick, simple, and cost effective things to ensure you are getting the best rent from your investment portfolio:
-- 5 Tips to beat the masses and secure your next home --
1. Arrive early.
2. Dress up, bring your smile, and your best attitude.
3. Be proactive - Help the landlord do their job and bring a 'rental resume'.