The Growing Push to Regulate Property Management

Alarming stories of mismanagement and financial loss are fueling a growing debate: should the residential property management market be regulated? Industry leaders like Crockers are joining the call, arguing that regulation is crucial to protect both landlords and tenants, establish clear standards, and ensure a level of professionalism that's currently lacking in some corners of the sector. 

Our latest report delves into the compelling reasons behind this push for regulation, highlighting:

• High-Profile Failures Expose Vulnerabilities: Learn about recent, shocking cases, including a company liquidation leaving landlords potentially $70,000 out of pocket, and instances of alleged rent and bond theft.
• The Landlord's Dilemma: Limited Recourse: Understand the stark contrast between tenant protections through the Tenancy Tribunal and the limited formal avenues available to landlords when property managers fail.
• Benefits for All: Raising the Bar for Professionalism: Explore how regulation, including mandatory training and stronger oversight, could lead to more competent property managers and fewer costly disputes for both landlords and tenants.
• Why Experienced Management Matters Now More Than Ever: Discover how established companies like Crockers, with their deep understanding of the industry and robust processes, offer a safer alternative in the current unregulated environment.
• The Crockers Advantage: Decades of Trust and Rigorous Vetting: Learn about their comprehensive tenant screening process, utilizing specialist systems and over 20 background checks to secure quality tenants.
• Industry Voice: Why Regulation is the Right Step: Gain insight into Crockers' firm stance on the need for regulation to set minimum standards and hold property managers accountable across the board.
• Your Questions Answered: Understanding the Regulation Debate: A concise FAQ addressing the core reasons for regulation, specific benefits for landlords, and the advantages of using a professional service like Crockers.

The call for property management regulation isn't just about headlines; it's about safeguarding investments and ensuring fair practices for everyone involved.

Read the full analysis here: Should the Property Management Market be Regulated?