A new website wants to give tenants the “inside scoop” on rental properties before they sign up to a lease – but market commentators are skeptical about whether it will work.
Flatreview.nz has launched, targeting tenants. It records property ratings against warmth, dampness, noise, location and the resolution of timely maintenance requests by the landlord.
A similar site, Homepage.fyi has launched in London, Australia and New Zealand in April.
Head of Trade Me Property Nigel Jeffries said review sites were popular in other industries and could be a useful tool for tenants.
Read the full story, including NZPIF’s thoughts, here.
CPIA Marketing
The Marketing Manager at CPIA helps readers learn the ropes of property investing and provides insights into investing in Canterbury and New Zealand.