Estate agency Property Express Pty Ltd (ACN: 149 482 440) and one of its former directors have lost their licences, after misleading clients about property prices.
A hearing at VCAT found that between 2014 and 2016:
- the company, which previously traded as Sweeney Footscray Yarraville, contravened or failed to comply with Victorian estate agent laws 65 times
- Dean Anthony Johnson, of Williamstown, contravened or failed to comply with the same laws 35 times.
Mr Johnson provided estimated sale prices on properties, which vendors accepted. He then advertised the properties for a lower price or range without the vendors’ knowledge or agreement.
He also failed to include price estimates or show commission fees as both a percentage and dollar figure on sale authorities.
Under VCAT’s orders, Mr Johnson and the company have each:
- had their licences cancelled
- been disqualified from applying for a licence for two years
- been reprimanded.
VCAT also found that Mr Johnson was not a fit and proper person to hold an estate agent licence.
The offences relate to the sale of more than 50 properties in Melbourne’s western suburbs.
We have taken previous action Mr Johnson. For more, see:
You can check a licensee’s current status on the Public register of licensed estate agents.