Chris Wood, whose bid to become vice-president of NAEA Propertymark this year was stymied when his application was allegedly blocked from going forward to a membership vote, has resigned.
In an open letter to the organisation, he now says: “It is with deep sadness that I have decided not to renew my membership.
“I do not feel that the NAEA Propertymark has acted in a professional or lawful way in the way it has conducted its presidential election process nor its most recent AGM and I continue to have deep concerns over the management and running of the organisation.
“I believe the association has failed to uphold, promote and no longer embodies its own standards and the good name that many of its members over the years worked so hard to establish.”
He goes on to say that during the past year he has received information from credible sources within and outside the NAEA claiming that “significant sums” of members’ money have been paid out to deal with a number of cases over alleged wrongful dismissal.
He also says there is an alleged culture of bullying at Arbon House, headquarters of the NAEA and its sister organisations.
Wood also in his letter accuses the NAEA of failing to support its members while a “multi-million pound” campaign was undertaken against law-abiding agents. He says this campaign proclaimed unqualified agents, with little to no experience, as property experts.
His letter concludes: “If the NAEA are not prepared to defend and promote those members and other agents who have taken the time, trouble and cost to achieve nationally recognised qualifications through its offices or other colleges and universities, who is?
“Consequently, for all of the reasons listed above, I no longer see any value or integrity in the NAEA Propertymark brand or current leadership and will not be renewing my membership when it expires.”
NAEA Propertymark chief executive Mark Hayward did not comment on the details raised in Wood’s resignation email, but yesterday evening said: “As a trade body we are always disappointed by the resignation of a member.
“However, we are pleased that NAEA Propertymark continues to grow, demonstrating that our members place importance on an organisation that promotes good practice and is seeking regulation for the sector.”