In this episode of Sold in the 6ix, Desmond Brown discusses two cases of unethical behaviour by real estate agents in Ontario.
The first case involves an agent who allowed a buyer to start renovations on a property before the sale was finalized, resulting in a $10,000 fine.
The second case involves an agent who repeatedly violated regulations, including altering contracts without the seller's knowledge, failing to secure proper signatures for price reductions, and relisting a property without a valid agreement. Despite numerous violations, the agent was only fined $30,000 and ordered to complete an ethics and business practices course. Brown emphasizes the importance of choosing a reputable agent and ensuring all agreements are in writing.
Listen For:
3:13 – Unauthorized Access and Renovation
10:10 Falsification of Contract Dates
12:09 Unauthorized Price Reduction and Extension
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