Guilty of Professional Misconduct: Elders Agent Sold Home Without Authority To Colleague

PHOTO: Multiple sanctions have been ordered against Elders Real Estate agent

Multiple sanctions have been ordered against Elders Real Estate agent Robert Stephens of Clare for professional misconduct.

The Commissioner for Consumer & Business Services took action against Stephens after he sold a property to a company, whose sole director was a colleague of Stephens. This transaction was an offence under the Land Sales act, which requires an agent to seek permission of the commissioner in order to sell a property to a colleague, friend or family member.

Stephens also paid his colleague approximately 20% of his $5,863 commission in cash at the sale of the property, and did not advise his client of the payment, nor did he secure written authority to sell the property.

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