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The Real Estate Institute of New South Wales (REINSW) will soon name a new president.
Barry Johnston, who was elected to the role in December 2023, has resigned from his position as president of the REINSW board, citing unforeseen circumstances that have increased both his personal and business obligations.
“I have thoroughly enjoyed my time as president of the REINSW. It has been an honour to work alongside such a dedicated team,” he said.
"However, the industry is at a pivotal time, with significant changes impacting our industry including AML, strata, residential tenancy reform, and a range of other compliance and lobbying items. This requires a president who can dedicate the necessary time and energy to effectively represent our members and advance our collective interests. Due to unforeseen circumstances, my priority is to pass the presidency baton over to a fellow board member with the capacity to advocate fully and effectively for our members at this time,” Johnston explained.
REINSW spoke highly of Johnston’s performance while in the role, noting that he had already achieved several of the key ambitions set when stepping into the position, “particularly around the launching of the highly successful annual Commercial Property Summit and establishing the platform for a new stream of agency practice – Tenant Representation,” the organisation stated.
REINSW CEO Tim McKibbin emphasised the peak body’s gratitude for Johnston’s service, calling him “a committed and passionate advocate for our industry”.
“I know his decision to step down has been a difficult one. We fully support him as he prioritises his family and business obligations. We also sincerely thank him for his achievements at the REINSW and his service to the industry, not only as president, but also for his 10 years on the board,” McKibbin added.
REINSW is expected to move quickly to announce the appointment of a new president.
ABOUT THE AUTHOR
Juliet Helmke
Based in Sydney, Juliet Helmke has a broad range of reporting and editorial experience across the areas of business, technology, entertainment and the arts. She was formerly Senior Editor at The New York Observer.
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