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Consent Order
Consent Order
- Licensee
- William (BILL) Raine, William Robert Raine
- Brokerage at Time of Sanctioned Activity
- Current Brokerage
- Coldwell Banker Horizon Realty (Westbank Branch Office), Westbank
- Consent Order Date
Summary
William Robert Raine, while acting for a seller, failed to determine the correct square footage of the seller's property. This contravened section 3-4 of the Rules, which requires licensees to act with reasonable care and skill.
Mr. Raine advertised the incorrect square footage in the MLS listing. This contravened section 4-7 of the Rules, which prohibits licensees from publishing false or misleading advertising.
Results
A discipline committee of the Council has ordered the following:
- Mr. Raine is reprimanded, and must pay a discipline penalty of $2,500.00 to the Council.
- Mr. Raine must pay enforcement expenses of $1,500.00 to the Council.
- At his own expense, Mr. Raine must successfully complete the Real Estate Trading Services Remedial Education Course.