The Residential Tenancies Amendment Bill has passed its third reading last Thursday, delivering on the Government’s “commitment to deliver sensible changes to tenancy laws”, Housing Minister Chris Bishop says in his announcement.
Here at Summit Property Management, we see these changes as positive and will help in getting more stock into the rental housing market plus clarify several of the rules rental property owners operate under, below is a summary of the changes.
Changes to take effect from - 30th January 2025
Tenancy termination changes, including:
reintroducing ‘no cause’ terminations, meaning a landlord can end a periodic tenancy with 90 days’ notice without requiring a specific reasonreducing landlords’ notice periods for ending a periodic tenancy to 42 days in specific circumstancesreducing tenants’ notice periods for ending a periodic tenancy from 28 to 21 daysreintroducing landlords’ ability to give notice to end a fixed-term tenancy at the end of its term without requiring a specific reason
Changes to take effect from – 20th March 2025
Changes to improve clarity and efficiency, including:
clarifying that landlords can prohibit smoking inside the main rental premisesclarifying provisions for withdrawing from a tenancy due to family violence
Changes to take effect from – Date TBC – expected late 2025 (commencement is by Order in Council, enabling a date to be set later)
Pet-related changes, including:
the ability to charge a pet bond at a maximum equivalent of two weeks’ rentnew pet consent and damage liability rules
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After an incredible WIN A CAR spring campaign, we’re delighted to announce the winner of the brand-new Toyota Corolla Hybrid: Jan and Edmond Reddington of Stoke!
Jan shared her excitement, by saying:
“It was truly a no-brainer. It was a Summit experience!”
“It will be a hoot having a Toyota!”
This thrilling conclusion marks the highlight of a campaign that brought so much energy and excitement to Nelson, Tasman, and Marlborough. Qualifying properties listed during the campaign period were entered into the draw, and those who both listed and sold earned double the chance to win.
A special thank-you to:
James from NZ Police, for serving as our official witness and ensuring a fair and transparent draw.Bowater Toyota, for generously lending us the demo car that turned heads throughout the campaign throughout the region.Claire from Open2View, for capturing the exciting announcement on camera.MediaWorks, for airing our campaign far and wide across the region.To our valued vendors: Thank you for trusting Summit Real Estate with your property journeys this spring. And to our dedicated sales team, your unwavering commitment continues to make our results exceptional.
Congratulations once again to Jan and Edmond Reddington! Your success is a testament to our belief: Bigger Team, Better Results.
Nelson's leading real estate firm marks two decades of their popular property publication, now reaching 39,000 readers across the region
For two decades, Summit Real Estate has been making it easier for Nelsonians to find their dream home through their flagship publication, the Summit Property Weekly. The locally owned real estate firm celebrates this significant milestone this week, highlighting how the popularity of Summit Weekly continues to grow year after year.
Summit Weekly by the Numbers
39,000 copies distributed weekly across the Nelson/Tasman region20 years of continuous publication since Spring 2004Nearly 4x growth in reach since moving to multiple publications in 2016Available in print and online formats, including Marlborough Weekly version"The launch of the Summit Weekly in Spring 2004 became a very integral part of maintaining Summit as the most preferred real estate agency by far. From the growth of web based marketing that Summit maintains through Summit.co.nz, realestate.co.nz, One Roof and Trade Me, thousands of prospective buyers find their new home via the Summit Weekly. The buyer reach is unparalleled with the distribution growth to 39,000 throughout the region and also read online."
— Allister Nalder, Founder and Managing Director, Summit Real Estate
The publication has undergone significant evolution since its inception. Summit Weekly first appeared inside the Nelson Mail each week but in 2016 made a strategic move to be distributed inside the Nelson Weekly, Waimea Weekly and Motueka Golden Bay Guardian, almost quadrupling its reach to just under 40,000 copies each week.
This expansion has proven to be a game-changer for the company's marketing reach and effectiveness in connecting properties with potential buyers across the greater Nelson region.
"The Summit Weekly sets us apart by showcasing our clients' properties to a wider audience of buyers, which is why we continue to rely on this valuable marketing tool."
— David Turnhout, Operations Manager, Summit Real Estate
Operations manager David Turnhout emphasises that Summit Weekly represents a huge point of difference in the competitive local real estate market, effectively getting their properties in front of more buyers than traditional marketing methods alone.
The success of Summit Weekly reflects the company's commitment to both traditional print media and digital marketing strategies, maintaining a strong presence across multiple platforms while serving the local Nelson community's property needs.
Photo: Glyn Delany, Sapphire Laurence and Ben Nalder celebrate 20 years of the Summit Property Weekly.
Credit: Andrew Board (Top South Media)
The Nelson Tasman region's golfing community delivered an outstanding display of generosity last Friday, with the third annual Keir Wilkinson Memorial Golf Tournament raising an incredible $59,287.50 for Nelson Tasman Hospice.
Thirty-six teams teed off at Nelson Golf Club on September 13th for what has become one of the region's most anticipated charity golf events. The day combined friendly competition across the club's pristine fairways with an exciting post-tournament auction, creating an atmosphere of community spirit that perfectly honours Keir Wilkinson's memory.
Since launching in 2022, this heartfelt tournament has now raised over $160,000 for the local hospice – funding that directly supports specialised palliative care, emotional support, and dignity for Nelson Tasman families during life's most challenging moments. Every dollar raised stays local, benefiting our community when it's needed most.
The tournament's success reflects Nelson's remarkable community spirit. Local businesses and residents donated auction items and experiences, while golfers embraced both the competition and the cause. What started as a memorial has evolved into a cornerstone fundraising event that strengthens our region's care network.
Summit is proud to support initiatives like the Keir Wilkinson Memorial Tournament that make a real difference in our community. Nelson Tasman Hospice's compassionate end-of-life care, family support, and bereavement services represent exactly the kind of local impact we're honoured to champion.
Planning is already underway for next year's tournament, with multiple ways for the community to get involved. Golfers can watch for registration opening in mid-2025, while businesses can explore sponsorship opportunities ranging from hole sponsorships to auction donations. Community members are always welcome as volunteers or auction attendees.
The Keir Wilkinson Memorial Tournament exemplifies what makes Nelson special – neighbours supporting neighbours, businesses investing in community wellbeing, and everyone working together for causes that truly matter. It's a perfect balance of remembrance and celebration that brings out the best in our region.
A huge thanks to all the teams, sponsors, and participants who made this year's record-breaking success possible. Together, we're building a stronger, more caring community where everyone can access the support they need.
Summit's auction marketing programme achieves one of the highest success rates in the real estate industry, consistently delivering results that exceed vendor expectations. The auction method is suited to all properties, especially those with unique features, sought-after locations, and situations of high buyer demand.
Auctions let the market determine your property's true value through competitive bidding. Compare this with private treaty where your price may be so high that no one will make an offer, or it could be so low that you run the risk of underselling your property. Through buyers actively bidding and openly competing, Summit has produced some fantastic auction sales with prices well over the vendor's expectations.
The deadline for auction day creates a sense of urgency and helps buyers who may otherwise procrastinate to make a buying decision. When buyers compete openly, competitive bidding often drives prices beyond initial expectations. If there's a premium in the market for your property, the auction method is the most effective means of securing it through this competitive environment.
Auctions eliminate complicated conditions and lengthy negotiations - it's a binding contract on the fall of the hammer with no cooling-off periods, no subject-to-sale clauses, and no last-minute renegotiations.
Marketing without an asking price means buyers judge the features and benefits that the property offers them and removes any objections regarding price. This method exposes the property to the broadest possible range of prospective purchasers.
Your Summit salesperson will provide you with regular market feedback so you will be fully informed when setting your reserve with the auctioneer. We will assist you in setting the terms, conditions and auction day deadline including any specific instructions you have, such as possession date and chattels (your solicitor will vet these).
The auction method has proven time and again to deliver exceptional results for property sellers. If you are considering selling and would like to talk to one of our salespeople about the benefits of auction marketing,
Get in touch today.