Agent suspended after sales to niece

  • A real estate agent has been suspended and fined $10,000 after selling three properties to his niece without disclosing their relationship, then lying to investigators to cover his tracks.

Former Barfoot & Thompson agent Yuding (Victor) Li lost his job with the company and was referred by Barfoot management to the Real Estate Agents Authority (REAA) after the offending came to light.

Victor

Former Barfoot & Thompson agent Yuding (Victor) Li lost his job with the company. Photo / Supplied