PHOTO: Broker Steve Bailey leads one of the top-selling real estate brokerages in Waterloo Region. – Facebook
CAMBRIDGE — One woman nearly lost half the market value of her house. In another case, a young couple had their dream home pulled out from underneath them by an insider, despite having made the better offer. In a third, it’s alleged a buyer paid $10,000 more than they needed to because of a fake competing offer.
These are some of the troubling allegations levelled against one of Waterloo Region’s top-selling real estate brokers, Steve Bailey, and his Cambridge-based brokerage, The Bailey Group.
They’re the basis of complaints that have been filed with the Real Estate Council of Ontario (RECO), the governing body that regulates the real estate industry. The regulator won’t comment on complaints until after they’ve been reviewed, investigated and reach a public hearing.
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