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Realtors charged after allegedly taking money for preferential access to condos

Tuesday, September 19, 2017 @ 2:02 PM | By Ian Burns

The Real Estate Council of Ontario (RECO) has charged three Toronto-area real estate agents with violations of the Real Estate and Business Brokers Act (REBBA) after allegedly taking money from clients improperly.

Audrey Loeb, Shibley Righton LLPCharged are Sean Brackin of Bowmanville, as well as Jin Wang and Fang Ruan of Toronto, for accepting a “quantity of money” directly from customers in contravention of s. 31(2) of REBBA, which states “no broker or salesperson is entitled to or shall accept any commission or other remuneration for trading...