Property

New REINZ president promises to “lift the bar”

The new president of the Real Estate Institute of New Zealand (Inc) intends “to lift the bar” to promote professionalism in the country’s real estate industry, and is advocating stiffer penalties for members who behave unethically.

Friday, September 22nd 2006

Murray ClelandMurray Cleland, national vice president for the past two years, took over from Howard Morley at the Institute’s Annual General Meeting in Auckland this week.

The Institute comprises 17,400 members and salespeople. Cleland, who is a director and co-owner of Century 21 Real Estate, hopes to improve public perceptions regarding the industry as a whole. This includes the introduction of more stringent penalties against members who fail to abide by the Institute’s code.

“In recent months we have seen cases where members have been found guilty of conduct which is simply indefensible,” he said.

“I want all members of the institute to lift their game and be more vigilant in relation to those of our members who fail to achieve the high standards of professionalism and behaviour that the public deserve.”

“We need to raise the professional bar both as to conduct and as to the penalties and sanctions applied to those who fail.”

“I would like to challenge all the managers and the licensees in the industry to take more responsibility for their employees, to ensure they understand the rules, and ensure that when they fail to obey the rules, the censure of their colleagues is a sufficient penalty in itself.”

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Heartland Bank - Online 6.89
Wairarapa Building Society 6.95
Unity 6.99
Co-operative Bank - First Home Special 7.04
ICBC 7.05
China Construction Bank 7.09
BNZ - Classic 7.24
ASB Bank 7.24
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TSB Special 7.24
Unity First Home Buyer special 6.45
Heartland Bank - Online 6.55
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SBS Bank Special 6.19
ASB Bank 6.39
Westpac Special 6.39
AIA - Go Home Loans 6.39
China Construction Bank 6.40
ICBC 6.49
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BNZ - Classic 6.55
Co-operative Bank - Owner Occ 6.55
TSB Special 6.59
SBS Bank 6.79
SBS FirstHome Combo 6.19
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ANZ Blueprint to Build 7.39
Credit Union Auckland 7.70
ICBC 7.85
Heartland Bank - Online 7.99
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Co-operative Bank - Owner Occ 8.40
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