Wednesday, 27 August 2014

REINZ Highlights Update



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Real Estate Update                     

Dear John

Upcoming Webinars
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Schedule Maintenance Outage for REINZ Website

Tonight - Wednesday, 7.30pm

A reminder the REINZ website will be down tonight for all services for under an hour.  Please note, you will not have access to Statistics or Sales & Purchase Agreements during this time.  So that you and your team will not be inconvenienced, you may like to ensure hard copy Sale & Purchase agreements are at hand should they be required.  With thanks for your consideration.


Errata:  What building inspectors can I refer a purchaser to?

The above REAA article in the recent Real Estate Magazine had a small error.   Where it states the “purchaser should also be told that they should specifically ask the inspector they choose to confirm that they are compliant with NZS 4206: Residential Property Inspection and that they have professional indemnity insurance cover.” Should refer rather to NZS 4306: Residential Property Inspection.  The full corrected article may be read here.


Auckland Unitary Plan: Gear Up for Action
The Proposed Auckland Unitary Plan (‘PAUP’) continues to be a hot topic, with both Auckland and the rest of New Zealand eagerly watching progress.  Following the release of the Auckland Unitary Plan in March last year, over 9,000 submissions were lodged.  This article prepared by Nicky McIndoe, Partner and Natalie Amos, Associate Kensington Swan considers where the Council have got to and what submitters need to do in order to prepare for the next stages of the Plan process.  We are also in the process of arranging an updated seminar on this topic – stay tuned for updates


Advisory Services

Lawyer’s confirmation of unconditional status
Auckland District Law Society has recently published a practice note to lawyers in relation to real estate agents requiring both the purchaser’s lawyer and the vendor’s lawyer to declare an agreement unconditional...MORE

Over 5000 red zoned houses now cleared
Canterbury Earthquake Recovery Minister Gerry Brownlee has announced that more than 5133 of the 7030 properties on the flat land residential red zones have now been cleared

New HomeStart package for First Home buyers
The Government has announced that this new package will help lower and middle income first home buyers over the next five years
Obligation to verify information
In a recently published decision of [2014] NZREADT 58, the licensees concerned appealed the CAC determination of an unsatisfactory conduct finding.  This finding resulted from a complaint lodged by a potential buyer who

Disclosure obligations further scrutinised
In a recent Tribunal case, the vendor complainant appealed to the Tribunal and one of the grounds for this appeal was that the licensee had passed on information obtained from the tenant without the vendor’s consent

EQC Reports / Using Correct Suburbs
The Tribunal recently heard a complex matter where the complainant appealed against last year’s decision of the CAC to take no further action


David Faulkner, RPM Sector Group Chair

Awards for Excellence - Residential Property Management

Entries are open for the RPM Awards to be announced at the BOOST Gala Dinner – sharpen your pencils people, and don’t miss the opportunity to be rewarded for your success.  Entries close 10.00am, Monday 8 September 2014, so get started now.

Click here to open and print entry form


BOOST Conferences
19-20 September 2014
Auckland Grand Rendezvous Hotel

Check out some of our speakers ...


Amy Scott, Motivational Coach
Nick Tuffley, ASB Economist Chief Economist
Brendon Skipper, CEO,
Debbie Mayo-Smith, Social Media Guru
Eugen Trombitas, Partner, PricewaterhouseCoopers
John Abbott, Auction Icon
Mike King, Entertainer
Nick Wells, Partner, Chapman Tripp
Niki Gunning, Keynote Speaker
Sarah Davis, Glaister Ennor
Tara Bradbury

Open and print your programme below...
Residential Property Management Programme
Commercial & Industrial Programme
Business Broker Programme

Bulk Discount 5% for bookings of 5 or more from the same business
Register now at the Events page at


Member Meetings
We invite you to join us, along with the following guests, at these upcoming member meetings.  Do come along for the opportunity to discuss our vision for REINZ, some key legislative changes and other key updates.  There is no charge to attend this meeting.  Light refreshments provided.  Registrations are essential to ensure we have space and chairs for all attendees and may be made at the Events page at

Nelson 3 September 2014, 10:30am-12:00noon
Chair, Dame Rosanne Meo; CEO, Helen O’Sullivan
Regional Director, Tony McPherson; DFL, Darryl Marshall

Blenheim 3 September 2014, 2:00pm–3:30pm
Chair, Dame Rosanne Meo; CEO, Helen O’Sullivan
Regional Director, Tony McPherson; DFL, Mark Davis

Palmerston North 5 September 2014, 10:00am-11:30am
CEO, Helen O’Sullivan; Regional Director, Euon Murrell; DFL, Andy Stewart


New Jobs @                     Advertisement
Put your job ad here by phoning 0800 638 968 or download the ratecard

Divest | Enjoy The Benefits Of Commercial Real Estate
RE/MAX Premier North Shore | Commercial Real Estate: Endless Opportunities
LJ Hooker and Harveys Group | Real Estate Sales: Everything You Need To Know!
Barfoot & Thompson - Head Office | Lifestyle / Rural Manager - Barfoot & Thompson
Harcourts Holmwood | Real Estate Sales With NZ's Most Trusted Brand
First National - Otaki | Be Part Of Our Future Success: Real Estate Sales
Harcourts - Cooper & Co | Part Time Financial Administrator
Harcourts Holmwood - Merivale | Personal Assistant: Join A Leading Harcourts Agent
Ray White Damerell Group | Property Manager - Career Success Begins Here
Mortgage Express Ltd | Wanted - Mortgage & Insurance Advisers
Ray White Commercial Christchurch | Commercial & Industrial Real Estate Career
Eves Realty | Real Estate: The Future Looks Bright in Hamilton!
Professionals Queenstown | Administrator / Receptionist - Real Estate

All other jobs available

DISCLAIMER: The information contained in this email is not intended to form professional legal advice or legal opinion on any particular matter. The Real Estate Institute of New Zealand Inc therefore accepts no liability for any claim or other action that may arise from the use of the information provided in this email.

IMPORTANT: The information contained in this email may be legally privileged or confidential. If you appear to have received this email in error or are not the named recipient, you are notified that any use, copying or distribution of this email message or its attachments is prohibited. Please notify the sender immediately. Thank you.




Duane Turner
Office: 09 811 8018
Mobile: 027 376 4806

Waitakere & Surrounding Areas


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