REAA; 11% of NZ Agents didn’t renew

May 11th, 2011

The Real Estate Agents Authority have just released their latest update.

One of the charts contained within the May 2011 Newsletter to all licensees is this one here;

DATA - REAA NZ

It depicts the fact that 11% of New Zealands Real Estate Agents relinquished their “ticket” this period, and did not renew it.

The Authorities Newsletter highlights this in saying;

1,532 licences with an expiry date of 31 March 2011 have not been renewed. These licensees were sent reminder emails and their employers were also contacted.

Aiding those in need, the REAA compassionately assisted 800 Christchurch licensees in renewing their annual licence, by allowing those licence holders to defer payment of the respective fees and levies until 30 September 2011.