realestate

Year's Largest Penalty: Realtor Faces $10K Fine for Vendor Fund Misuse

Lillian Chen: “If I err, I’ll gladly fix it in any way.”

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uckland agent Yu‑Yuan (Lillian) Chen, ex‑Buy West Realty, received a record $10,000 penalty from the Real Estate Agents Disciplinary Tribunal for diverting sellers’ advertising funds, the Real Estate Authority reports. The fine marks the highest sanction imposed in the past year for such misconduct.

Realtor receives $10,000 fine for vendor fund misuse.