Real estate industry reform

The submission by REINZ on real estate industry reform provides a number of insights into why reform is needed. 

First REINZ state they need to remain central to regulating the industry, then say the proposed Bill doesn’t go far enough in not regulating residential letting, leasing and property management.  So having failed to do a decent job of protecting consumers and lifting industry standards, REINZ wants to expand the scope of its influence!  Consumer concerns are notably absent.

The sales pitch for their submission is like a description for a do-up; overstatement combined with the main problems glossed over or ignored.