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Real Estate Agents Face $35,000 Fine Over Vendor's $73,000 Loss

Real Estate Agents Disciplinary Tribunal ruling sparks unusual case precedent.

2025-05-01 23:40:33
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wo real estate agents have been ordered to pay $35,000 in compensation after a property sale went sour. The unusual case was heard by the Real Estate Agents Disciplinary Tribunal. Stewart McLean and Clayton Knowles, who work for Ray White, sold a property in Blenheim that resulted in a $73,000 loss for the seller.

Real estate agents fined $35,000 over vendor's significant financial loss in Australia.

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