Search

Search News Search Questions

News > Property Management > Watchdog wants consumer input in complaint process

Property Management

Watchdog wants consumer input in complaint process

A complaints body independent of the Real Estate Institute could be established to handle real estate problems if the Ministry of Justice heeds submissions.

Wednesday, October 15th 2003

The Consumers' Institute has asked for a more independent complaints procedure on real estate issues, saying the interests of consumers should dominate.

Institute chief executive David Russell has asked the ministry to change the disciplinary system to make it more independent from the industry's governing body, the Real Estate Institute.

"To provide credibility, it should be removed from the control of one of the parties likely to be complained about," Russell said in a submission to the ministry.

Read More - Opens in a new window

Next Article

Another warning about housing boom

Most Read

See more News >

Top Mortgage Rates

Unity First Home Buyer special 4.29
SBS FirstHome Combo 4.29
China Construction Bank 4.85
Co-operative Bank - First Home Special 4.85
ICBC 4.85
TSB Special 4.89
ASB Bank 4.89
SBS Bank Special 4.89
BNZ - Std 4.89
Kiwibank Special 4.89
AIA - Go Home Loans 4.89
Nelson Building Society 4.93
ICBC 4.95
BNZ - Std 4.95
China Construction Bank 4.95
Wairarapa Building Society 4.95
Kiwibank Special 4.95
AIA - Go Home Loans 4.95
TSB Special 4.95
ANZ Special 4.95
ASB Bank 4.95
SBS Bank Special 4.95
ICBC 5.39
SBS Bank Special 5.39
BNZ - Std 5.59
Co-operative Bank - Owner Occ 5.59
AIA - Go Home Loans 5.59
BNZ - Classic 5.59
ASB Bank 5.59
Kainga Ora 5.69
ANZ 5.79
Kiwibank Special 5.79
TSB Special 5.89
SBS Construction lending for FHB 3.94
AIA - Back My Build 4.44
CFML 321 Loans 4.99
Co-operative Bank - Owner Occ 5.95
Co-operative Bank - Standard 5.95
Heartland Bank - Online 5.99
Pepper Money Prime 6.29
Kiwibank - Offset 6.35
Kiwibank 6.35
TSB Special 6.39
Kainga Ora 6.44

Full Rates Table

More Stories

Four decades of 6-7% yearly house price growth ending

Friday, March 21st 2025

Four decades of 6-7% yearly house price growth ending

New Zealander’s reliance on property capital gains in the mid-single digits is at an end.

[TMM Podcast] Yelsa serves up “marine reserve” of property buyers

Friday, January 31st 2025

[TMM Podcast] Yelsa serves up “marine reserve” of property buyers

It’s been years in the making and former real estate agent Mike Harvey is now coming to market with his platform matching buyers and sellers, an offering he says will be a gamechanger for the industry.

Leaving last year's stumbling housing market behind

Friday, January 17th 2025

Leaving last year's stumbling housing market behind

As interest rates ease and job losses climb, New Zealand’s housing market faces a mixed year of modest growth, with conflicting forces shaping the outlook for homebuyers and investors.

Don’t bet on house prices rising faster than incomes

Wednesday, January 15th 2025

Don’t bet on house prices rising faster than incomes

Former Reserve Bank Governor and National Party leader Don Brash says there are grounds for believing that house prices may finally have ended the three-decade period when they rose significantly faster than incomes.

Landlords
© 2025 Tarawera Publishing Ltd.