A call to regulate the property management industry was made this week following three high-profile cases where tenants have been badly treated by property managers.
Bindi Norwell, CEO of the Real Estate Institute, says one incident in Auckland saw tenants find maggots under their carpet; a Christchurch mother fought for six months to get curtains in her rental home and the third incident saw students in Dunedin take legal action over toxic mould.
Nowell says: "Since 2009, property managers have not been regulated which is why it is of great concern when we hear of incidents highlighted in the media about property managers not living up to consumers' expectations.
With no regulations in place it means anyone can become a property manager and there is no consistency across the industry — unless the property manager is also a licensed real estate agent."