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Ambassador
3,727,873
Patricia Kennedy
RLAH@Properties - Washington, DC
Home in the Capital

Flogging, gum in the offender's hair, shunning.  

May 03, 2016 11:59 AM
Rainmaker
989,652
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

Not sure of the sanctions, but back during the crash I know persoanlly of a few mortgage brokers brought up on charges

May 03, 2016 09:45 PM
Rainer
213,263
Dennis Swartz
Full Circle Property Management - Columbus, OH
MBA, GRI...experience counts!

A guy whom I co-oped with several times went to prison for 8 years for forging mortgage apps during the "crash".

May 03, 2016 07:43 PM
Rainmaker
533,993
Robert Havana
Park and Protect- Alberta Real Estate License Parking - Calgary, AB
Alberta Real Estate License Parking

in canada, the competitionn bureau fined an agent and his company 2 million dollars.

May 03, 2016 04:55 PM
Ambassador
2,684,109
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

     Before the Internet Age, the annual continuing education for your license was on "the Honor System".   When you renewed your license, you checked a box attesting that you had completed the 14 hours.  

     The DBPR / Real Estate Commission did random audits, asking a few agents here and there to verify that they had completed the classes.   

      A multi-million dollar producing top agent who had been in business for years was asked to show proof.  She had lied - she just checked the box; she had never taken the courses.

     In spite of lawyers, appeals, etc. her license was permanently REVOKED. 

May 03, 2016 01:11 PM
Rainmaker
2,781,173
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

I have seen quite a few as I sat on committees for ten years. I was lenient believing that all agents are on learning curves and to make allowances. However my fellow panel members went for the jugular. Fines, suspensions, letters in your file, and a host of other stigma that smarts

May 03, 2016 12:23 PM
Rainer
80,653
Linda Guess
Keller Williams Tri-Lakes Branson, MO - Branson, MO
Branson area real estate sales.

License revoked permanently for miss use of Trust Money.

May 03, 2016 12:08 PM
Rainmaker
3,988,007
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I have heard of a license being revoked and severe fines.

May 03, 2016 08:37 AM
Rainmaker
1,052,211
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Definitely flogging. And the agent deserved it. KIDDING.
Revocation of license, jail time and restitution bucks are probably as bad as it gets. Which is pretty bad.

May 03, 2016 08:23 AM
Rainmaker
2,220,654
Anthony Acosta - ALLATLANTAcondos.com
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Best of luck with your studies

Dec 09, 2019 08:41 AM
Ambassador
6,393,609
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

I dont focus on other's mistakes, just the successes.

Jun 10, 2017 11:08 PM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Jail

May 08, 2016 09:45 PM
Rainmaker
1,502,998
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Slap on the wrist.  Promise not to get caught again.  Nothing major ever happens unless you violate the law.  Know one agent that forged signatures.  She'll probably go to jail.

May 04, 2016 03:36 AM
Rainmaker
1,466,207
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Timothy Larsen Losing one's real estate license over a licensing violation.

May 04, 2016 12:38 AM
Rainmaker
7,836,169
Roy Kelley
Retired - Gaithersburg, MD

Going to jail after the loss of your license should be taken seriously.

May 03, 2016 10:35 PM
Rainmaker
4,434,127
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Loss of license.

May 03, 2016 10:00 PM
Rainmaker
5,104,931
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Permanent loss of license along with a big fine. I have known a couple of local attorneys and agents who ended up in federal prison for loan fraud, as well. 

May 03, 2016 09:40 PM
Rainmaker
4,319,419
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Timothy Larsen could be fines, suspension etc. However, I have not heard of it (though likely to hear about it soon...)

May 03, 2016 03:37 PM