Propertymark Creates A New Leader Role And Interim Chair

Propertymark has created a new Chief Executive Officer role within the business, by appointing Tim Balcon into the position, who will lead the combined entities of the National Association of Estate Agents (NAEA) and Association of Residential Letting Agents (ARLA).

Propertymark, who is the go-to organisation for any questions relating to property, and will be combining both NAEA and ARLA into one body later this year, will now have a new leader.

Tim Balcon
Tim Balcon

Propertymark’s announcement said:

“Balcon has over 20 years’ experience in membership and sector organisations, having most recently led the IEMA (Institute of Environmental Management & Assessment) where he led IEMAs transformation into sustainability and its subsequent year on year membership growth.

“Prior to that he was Chief Executive of the Energy and Utility Skills Sector Skills Council (EU Skills) where he led the organisation from start up, bringing together four different sectors to create an influential voice on utilities skills needs. In recent years, he was a Non-Executive Director for the Office of Qualifications and Examinations Regulation (OFQUAL). Balcon will join the Propertymark Board.

“The newly created role is the one over which former ARLA CEO, David Cox, resigned earlier this year. He was blocked by the Board from standing for the position”

On Balcon’s consultancy website it reads an interesting background to his career path:

“From a working-class mining town with just an O-level in woodwork, to successful CEO of 20 years. How the heck did I pull that off? Isn’t there some unwritten rule that only Cambridge graduates or privately-schooled, son/daughter of the company founder that get to CEO?”

“I started out as an apprentice service engineer and not one person thought for a moment that I would be a leader, let alone CEO.”

“Last year I completed my 20th year as CEO. I have led 3 separate organizations, all of which have been highly successful. My first CEO was with Ginto (Gas Industry National Training Organisation). I was 35 at the time I was appointed and with no previous management experience. Soon GINTO became GWINTO (gas and water) and GWINTO grew from £400k to nearly £8m in about 2.5 years. GWINTO was dissolved by changes in government policy. I then applied and was duly appointed to CEO of EU Skills.

“We took EU Skills from an insolvency position with no credible vision or purpose, to one of the most commercially and value adding Sector Skills Councils in the UK. The National Audit Office rated EU Skills as ‘Outstanding’. Leadership was cited as one of several key reasons for this award. Latterly I have been CEO of IEMA. IEMA transformed from an aimless and declining environmental professional body, to a consistently influential body in sustainability and year on year growth.

“Not bad for a working-class kid who lived in a council house.”

After Christopher Hamer’s decision to stand down as Interim Chair, Nicky Heathcote, Senior Independent Director of Propertymark has now been confirmed to replace his shoes as Interim Chair.

Nicky Heathcote
Nicky Heathcote

Propetymark’s announcement said:

“Heathcote has been a Non-Executive Director at Propertymark for 2 years and has over 30 years’ experience in the property sector. She brings significant board and corporate governance experience and has held membership of a number of domestic and international boards and committees including being the UK representative on the UNECE Bureau and Committee for Housing and Land Management (CHLM) and chairing HM Land Registry’s Stakeholder Advisory Council. She is also the Chair of the PCCB Compliance Committee which regulates property search agents.”

Heathcote commented on the appointment as Interim Chair. She said:

“On behalf of the Board I warmly welcome Tim to Propertymark. We are delighted to have found someone of Tim’s calibre, he brings substantial understanding of professional membership bodies and his leadership qualities will be invaluable as Propertymark navigates a changing sector and forthcoming legislation on behalf of our members.”

Tim Balcon said of his newly appointed role as Chief Executive Officer. He said:

“I am thrilled to join Propertymark at such a pivotal juncture. Housing is arguably the most important portfolio within the economic playbook and I look forward to bringing my experience of regulation, Government oversight and educational strategy along with my experience inside a number of different membership bodies, to bear on the next stage of the business’s development.

“I welcome the opportunity to work closely with members over the coming months to ensure that we continue to serve them and represent their interests, enforcing high standards and playing our part in shaping housing policy.”


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