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worst is subjective. I never like putting a letter of discipline in someones file
Richie Alan Naggar
Revocation of license, monetary fine and jail time!
White Plains, NY
Permanent revocation of license, fine. Accompanied by criminal charges resulting in jail and more fines, followed by a civil suit resulting in bankruptcy and financial ruin.
The worst the real estate boards can do is fine, suspend or revoke your license. However, in criminal investigations, I have seen agents in our marketplace, who were involved with fraud, serve jail time.
Loss of license, the courts handle criminal actions.
Fine, loss of license and jail time.
Losss of license, fine and jail time for the worst offender
Jail time and the agent who went to jail was formerly with the Sheriff's department. Ya never know
Loss of agents license, loss of brokerage license, fine of $50,000 for the agent and $50,000 for the brokerage.
Off with their head. But not seen done so much for many many years... back in King Henry the 8th's time and a bad bad real estate deal where agent was the patsy for his impulsive castle buyer. Wives were short lived too.
I know of one agent who lost her license.... but there are some who go to jail....
A local title attorney went to Club Fed for messing with payoff money.
Loss of license. Fines. Restitution. Jail Time.
Personal shame and remorse ... probably not.
Jail - loss of license - fines
Monettary fines and revocation of license.
Michael DeVico - nothing very serious - yet.
Three hots & a cot
loss of license in a state plus fine.
I've heard of $40K lawsuit awards in Fair Housing situations.
License revocation and a $5,000 fine is the maximum here and I've heard and observed its use.
Michael DeVico An agent losing their license and having to visit them on Sunday's.
Agents going to jail for running flipping schemes.
Mishandle a clients money and you WILL go to jail. Then the piling on begins.
Lose your license and go to jail.
Firing squad at the Alamo. Never take what someone else claims, unless you have the strategic advantage
Jail, fine, loss of license. This must be the sixth time I' ve answered this very same question this month, alone!
Never concern yourself with the bad ones, focus on the best in this field.
Exactly what Wayne Martin said - that happened about a year ago to a group of agents involved in an extortion case. Greed is not worth wearing orange and/or losing your livlihood!
And the best of all 'punishments' is that your Errors & Ommissions insurance carrier will not pay for any fines or judgments against you if you commit a criminal act, fraud, misappropriation or comingling of funds, discrimination, or fail to disclose environmental issues. You're on your own.