From the desk of

Viv Gurrey
Chief Executive Officer
Property Institute of New Zealand

CPD Compliance & Audit Process

Tēnā koutou katoa

One of the reasons why the public can trust a PINZ or NZIV member is they can have confidence that the property professional concerned has a commitment to ongoing education, maintains regular ethical training, and exercises best practice with high standards.

Maintenance of public confidence in the property professions we serve, is a strategic priority for the Institutes and is something that we believe sets our members apart from their competitors.

That's why a minimum level of Continuing Professional Development (CPD) is a requirement of membership.

The Institute certainly encourages members to do more than the minimum required for membership, because your leadership and development is critical to raising standards within the wider industry and among those who you work with.

We also carry out an annual process of auditing CPD, to ensure compliance with the rules - and for the valuation community - ensuring compliance with legal and ethical obligations.

New technology means we are able to more accurately monitor the amount of CPD each member undertakes. This extra capacity has been developed over a number of years, along with the addition of more accessible educational opportunities, and a much greater variety.

Both the PINZ Board and NZIV Council have also adopted more detailed sanctions policies. The PINZ CPD & Sanctions Policy is HERE and the NZIV sanctions policy is HERE.

Members will note that these involve a sliding scale based on the seriousness of non-compliance.

In recent months, some members may have received a message from us asking about their CPD achievements. 

We do attempt to work constructively with members who haven’t been meeting their annual CPD requirements, and we continue to do so.  Never-the-less there is a requirement for us to enforce our rules, in order to protect the reputation of our professional bodies and maintain public trust.

It is also unfair on members who diligently follow the rules to share the same professional status as someone who does not.

So, we are encouraging members to check their CPD diary in your member dashboard. If there are items missing you should update these as soon as possible. You will have to log into the website to do this.

Please contact the National Support Team if you run into difficulties.

Election 2023

At the time of writing it remains unclear precisely what the shape of the next Government will look like. 

It's fair to presume that property will continue to be in the news, with a number of changes flagged during the election campaign.

The Property Institute will aim to keep you on top of issues that may affect members as they unfold.  We also remain confident of maintaining good relationships with regulators, Ministers and the Government as we chart our way forward.  

Ngā mihi nui

Viv Gurrey
Chief Executive Officer
Property Institute of New Zealand

Identifying 'Verified CPD'?
Your minimum 20 points of annual CPD can be made up from multiple sources, but you must have at least FIVE verified points as part of your annual quota.

Verified CPD is a planned and structured activity that is delivered by PINZ or NZIV and that has clear learning objectives and outcomes.

Verified CPD points are automatically issued to member’s CPD diaries by the PINZ National Support Team, not by members directly. This is completed following the marking of attendance at in-person events or following the completion of the verification process for online events.

The type of CPD that an event accrues can be easily identified by the CPD badge that is displayed on the event information. Verified CPD has a BLUE BADGE (pictured) showing the number of CPD points that will be achieved. 

For further guidance on CPD see the NZIV CPD policy HERE and the PINZ CPD Policy HERE.

It's International Valuation and Appraisal Week and we're inviting members to join the celebration.  See how you can support the profession HERE.
MEMBER REMINDER: Members are reminded to complete our Annual Property Institute Survey before October 31 to ensure we have your feedback as we plan ahead.
Eligible members should have received a separate email explaining the process and providing a link to the survey.
If you missed that communication email us HERE  
Congratulations Wayne Nyberg
Wayne Nyberg and wife Helen at a recent Wellington Branch event to celebrate his Iain Gribble Memorial Award win at the National Property Industry Awards.
Visit our events directory by clicking HERE
Be sure to check our events directory to find out about Branch end of year celebrations near you.

Virtual Valuers Summit - November 8 & 9

Split over two morning sessions, the Virtual Valuers Summit includes the NZIV compulsory ethics module and compulsory standards module, an economic update from Sharon Zollner, and a session on insurance & principles with Jack Humphrey.

The compulsory ethics session (required by all NZIV members every two years) will be a fully interactive session, participants must join on a device with a camera and audio function in order to participate in the workshop component.

Please note: CPD points will be awarded to registrants participating in the live event only. This event will not be available for later viewing.

Shadow a Property Professional Day 
The Auckland Branch's recent 'Shadow a Property Professional Day' was a great success with some 25 property students matched with property professionals from 12 companies.

This was the first of its kind in recent years and we're hopeful we can get more of these happening over time.
A huge thank-you to those companies which participated: AIM Valuation, Arvida, Babbage Consultants, Beca, CBRE, Davies Batley, Colliers, Cooper and Company, Hitchcocks Real Estate, Opteon, Seagars and Quotable Value.
One student participant comments; " I thoroughly enjoyed the day... Hand's down the best networking experience to date."

The Property Institute works closely with our Universities and has launched a new Instagram page to help connect with our next generation of property leaders.  You can find that page HERE and we encourage you to share this new resource.
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