In the letter, Mr McKibbin states “NSW Fair Trading ("Fair Trading") has exhibited, throughout the term of the RERG, a demonstrable obedience to misguided philosophical views which have impeded, or entirely restrained, many beneficial outcomes”.

Mr McKibbin told WILLIAMS MEDIA “We’ve been working diligently with fair trading for three and a half years, wading through treacle”.

“At every opportunity they have pushed back, and delayed every way forward.

“Even our little wins have been eroded. When we finally get something in place which is beneficial to the industry or consumers, we look over our shoulder and find Fair Trading is eroding it.”

In the letter Mr McKibbin added “Fair Trading worships competition as the only relevant market force. Whilst the Institute also supports competition as a healthy market influence, that competition must be amongst competent professionals. Competition alone is not the panacea for all that ails the market”.

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Mr McKibbin said “They have resisted us, everytime we talk about improving standards or education their go to line is ‘barriers to entry’.

“The Institute holds the view that a better educated real estate agent who receives relevant and structured continuing professional development will better serve the consumer's needs and interests. Unfortunately, the Institute is alone in this belief,” Mr McKibbin continued in the letter.

He told WILLIAMS MEDIA following the institutes resignation, “We are going to be ramping up our lobbying voice to the broad spectrum of political parties”.

“We will be making our voice heard loud and proud.”

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Mr McKibbin said to add insult to injury, the Minister for Innovation and Better Regulation, Matt Kean, has recently presented a proposal to delicence auctioneers, with reforms to go through before the end of the year.

“This will have adverse consumer outcomes. Auctioneering is far more complicated and has far more legal obligations than those watching it are aware of.”

“It’s not to be taken lightly.”

The letter finished with “The Institute has made every reasonable attempt to form a co-operative working relationship with Fair Trading. Unfortunately, and despite our enthusiasm, we have now reluctantly concluded that the productive working relationship we enjoy with other New South Wales Government agencies and authorities is unachievable with Fair Trading”.

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