Authority seeks real estate license cancellation in disciplinary case

 
 
22/07/2016
​The Real Estate Agents Authority is seeking the cancellation of a real estate agent’s licence in relation to two charges of misconduct in a case prosecuted by the Authority before the Real Estate Agents Disciplinary Tribunal.

The Tribunal has reserved its penalty decision in relation to Aaron Hughes, a former salesperson at Barfoot & Thompson Papatoetoe, Avind Lal, a former branch manager, and Kim Hape, a salesperson, of the same branch. 
 
The first charge against Mr Hughes alleged that Mr Hughes failed to obtain the best possible price for the vendors of a property in Fitzroy Street, Papatoetoe, Auckland, and brought the industry into disrepute by on-selling the property on the same day for approximately 15% more than the price he obtained for the original vendors. The charge was admitted by Mr Hughes.
 
The second misconduct charge admitted by Mr Hughes involved a property in Carlie Street, Papatoetoe. That charge alleged that Mr Hughes failed to ensure that he obtained the best possible price for his clients, did not provide an adequate appraisal, or advise them of the disadvantages of not fully exposing the property to market before accepting an offer. That property was also on-sold within a few days. 
 
Mr Hughes has voluntarily surrendered his licence and is no longer practising as a real estate agent.
 
The Authority is also seeking the suspension of the licence of Mr Avind Lal, branch manager of Barfoot & Thompson’s Papatoetoe branch until October 2014.
 
Mr Lal has admitted a charge of misconduct in relation to failing to supervise Mr Hughes to ensure that his work was performed competently in relation to the sale of the Fitzroy Street property. 
 
Mr Kim Hape, another licensee of Barfoot and Thompson Papatoetoe, has admitted unsatisfactory conduct relating to a subsequent on-sale of the Carlie Street property. 
 
“Seeking the cancellation of a licence is reserved for the most serious offences,” said Kevin Lampen-Smith, Chief Executive of the Real Estate Agents Authority.
 
“The intent of the Real Estate Agents Act is to give consumers confidence in real estate agency work and this case shows that this intent is being upheld.”

The Tribunal hearing was held on Friday 22 July.


 

About the Real Estate Agents Authority 

The Real Estate Agents Authority (REAA) is the independent government regulatory body for the real estate industry in New Zealand. Our job is to promote a high standard of service and professionalism in the real estate industry and help protect buyers and sellers. We provide information for buyers and sellers, provide advice and guidance for agents and deal with complaints about agents' behaviour.

The REAA is a Crown entity, established under the Real Estate Agents Act 2008.
ENDS

Contact


media@reaa.govt.nz


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