Colin Rounds - Court action

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18 November 2014
Court actions

Real estate agent Colin Rounds must pay a penalty of more than $6000 after pleading guilty to working as an agent's representative when disqualified.

Consumer Affairs Victoria prosecuted Mr Rounds after investigating a report that he was doing administrative work for Rounds Real Estate while disqualified.

The Victorian Civil and Administrative Tribunal had cancelled his estate agent licence in November 2013 after he used trust money as a line of credit to support his business.

Our investigation revealed Mr Rounds was acting as an agents' representative while disqualified, including lease negotiations and carrying out property management activities.

On 16 October 2014, Melbourne Magistrates' Court found that he had breached the Estate Agents Act 1980 by:

  • participating in the business of an estate agent at a time when he was not permitted to do so
  • acting as an agent's representative at a time when he was not eligible to do so.

Mr Rounds was fined $5000 and ordered to pay $1377 in costs, without conviction.

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