The Week that was in Property

The Week that was in Property    Thursday 31 July, 2014 Good Morning! The key property NOISE of the week:   Trade Me Property changes its pricing model – again!   By Alistair Helm Trade Me Property today announced a new pricing structure almost a year after the implementation of the radical switch from a subscription model to a pay-per-listing business model. That model has, so it seems, proved to be a too great a stretch for the industry to accept …read more   Got something to say ? We're taking reader submissions! Put your thoughts into 100 - 300 words (around 1 page in a Word document) and fire it off to admin@propertynoise.co.nz We'll review it and post it up on Property Noise.   THERE'S ONE DAY LEFT IN OUR JULY PROMOTION!  2 x HOME PAGE PROFILES (like the example below) are up for grabs this time for 12 MONTHS.   These adverts are valued at: $1633.92 plus GST EACH! To enter the draw, simply: ✓ Like our page on Facebook, ✓ Like our posts and/or, ✓ Share our posts with your friends/followers. Every activity you make on our Facebook page gives you an entry in the draw! Competition closes on Thursday 5pm 31 JULY, 2014. Winner to be announced Friday 1st August, 2014     Other Property Noise for the week...   1. Canterbury's building crisis as widespread as leaky home issue A building crisis in Canterbury could be as widespread as the leaky home issue, lawyers say.More evidence of shoddy repair jobs is making its way into court, with home owners suing insurers and building companies over earthquake… …read more 2. Delay causes concern Many landlords are stuck in limbo after the Reserve Bank announced it would delay the implementation of higher capital requirements for mortgages when investors have more than five properties. …read more 3. Landlord lashes out at quake law Heritage building owners are struggling financially, unable to upgrade their places, breaching banking covenants and forced to sell properties cheaply, says a landlord. Terry Gould of Phillimore Properties, which owns the NZ Institute… …read more 4. Banks call for low-deposit applications Banks want to hear from first-home buyers with small deposits. Since last year, they have had to keep their lending to borrowers with less than a 20% deposit to no more than 10% of new lending   …read more 5. Council invited developer to buy QEII Square, private papers reveal The privatisation of Queen Elizabeth Square for a giant mall downtown in the CBD was initiated by Auckland Council last year, documents show …read more Plus... Real estate industry abandons print media! OK – this headline is not quite true. But I couldn't help myself to take the opportunity to headline an article that I never foresee occurring, a least not anytime soon. So the real headline is Real Estate Industry Authority abandons print media The news is that the Real Estate Agents Authority (REAA) the body that has under the mandate of the Real Estate Agents Act (2008) undertakes the licensing of the industry has after 4 years in existence decided (very smartly in my view) that there is no logic in requiring that prospective agents advertise as a Public Notice their …read more Read all of the latest news at PropertyNoise.co.nz Profile your business here... click to leave a message   Don't forget if you profile a property for sale/rent on our site...  Feature a property listing on our Property for Sale Page UNTIL SOLD! $49 plus GST Click here to purchase Regards Ed Property Noise (NZ) P.S. Don't forget to like us on Facebook and follow us on Twitter so you are up to date with the very latest property and real estate NOISE.

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