e-Agent NZ Ltd is an Approved REA provider of continuing education and; Marketing Support.

  Make Sure You Have EVERY Initial Before Commencing Celebrations! -Best Practices Series- The requirement for initials on each page of the Sales & Purchase Agreement, should NOT be treated as optional .      Let's find out why. So, the image above is near and dear to every agent, because it represents an impending commission. This same ASP Agreement is also a minefield and far too many agents have fallen foul to treating it lightly and later wishing they had not done so. Here we will examine one small, but highly explosive bit... the "Initials". For our purposes here we will not need to enlarge these pages, but the orange boxes, at the lower right corner of all but one of the pages is our target. Wait, did I just say all but one page? Yes, but can you guess why page 10 isn't included? That's because there will be signatures and no initial is needed, as long as no additional material changes have been made on that page. So, back to the remaining nine pa...

  The REA & REINZ Who Are They; What Sets Them Apart;  & Why Is It So Important? Up until twelve years ago these questions would have been meaningless, because until the passage of the Real Estate Agents Act 2008, there was only REINZ to contend with and it had been that way for decades. You wanted to obtain a real estate license, you called REINZ. You had a complaint with another real estate agent, you called REINZ. You needed current sales data, yes, you called REINZ. Sounds nice and neat, but there were problems. For one, unlike most other English speaking countries, New Zealand agents historically only served the vendor/seller. This left the buyer dealing with a system that was clearly biased against them and with an influx of new Kiwis from the U.S.; Canada; Australia; and the U.K., questions were raised and soon the politicians heard the commotion. After reviewing the local and international models, the uniquely Kiwi Real Estate Agents Act 2008 passed through par...