PHOTO: In a sensational twist that’s sending shockwaves through the Australian property industry, Josh Tesolin, the highest-grossing real estate agent in the country, may be parting ways with Ray White, Australia’s largest real estate group.
📍 Location: Quakers Hill, Sydney, NSW
🕵️ Category: Real Estate Scandals | Industry News | Compliance
🏢 Australia’s Top Agent Faces Career Shake-Up
In a sensational twist that’s sending shockwaves through the Australian property industry, Josh Tesolin, the highest-grossing real estate agent in the country, may be parting ways with Ray White, Australia’s largest real estate group.
🚨 Sources confirm that legal negotiations are underway between Tesolin and Ray White to potentially terminate his franchise agreement — a decision that could sever ties with the group’s most profitable office nationwide.
🧾 The Controversial Commission Scheme 💰
A leaked internal SMS thread has uncovered what insiders are calling a “turbocharged commission scheme” — one that could rake in up to $420,000 in a single day.
Under the scheme:
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Sellers were pressured days before auction to approve last-minute “incentive fees.”
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Original commissions around $40,000 ballooned to over $75,000–$80,000.
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Clients claim these were pitched as rewards for agents who “introduced fresh buyers” at the last moment to inflate auction prices.
This has prompted a compliance review by Ray White head office and an ongoing investigation by NSW Fair Trading. Some clients described the scheme as “coercive and misleading.”
📉 Cracks in the Empire?
While Tesolin earned a staggering $9+ million in commission last year and holds the titles of Ray White’s top-selling agent and most settled commissions, success hasn’t shielded him from scrutiny.
🚨 Internal Fallout:
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Ray White Quakers Hill is under intense investigation.
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Former clients like Susan Lynne and Sue Roughley have been interviewed by internal compliance teams.
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Multiple former agents are now in legal action with Tesolin and unable to assist.
Top 50 Australian Residential Real Estate Industry Influencers 2024 | ELITE AGENT
🔍 What’s Next? A Secretive Move to NGU?
In a curious twist, new corporate records show the sudden formation of NGU Real Estate Quakers Hill Tesolin Group, controlled by Queensland’s NGU founder Emil Juresic.
Though initially denying any Sydney expansion plans, Juresic later confirmed the business name registration, citing a confidentiality deed.
Could this be Tesolin’s escape hatch if Ray White severs ties?
📬 Official Reactions
🗣️ Ray White CEO Tim Snell:
“We acknowledge all the claims made against Josh Tesolin… At this stage, there’s been no change to his franchise agreement.”
🧑⚖️ Tesolin’s Lawyer Lisa Jemmeson:
“It sounds to us that you are about to publish defamatory statements about Josh Tesolin.”
https://www.propertynoise.co.nz/australias-top-real-estate-agent-stays-with-with-his-franchise-group-watch/
⚖️ Industry Alarm Bells Are Ringing
Industry leaders are questioning the legality of the scheme and warning it blurs the lines of ethical sales practice.
The Office of Fair Trading’s “crack team” has been investigating Tesolin’s office since 2023. Nearly two years on, the probe is still ongoing — signalling the seriousness of the case.
💬 Final Word: The Real Estate World Watches
Whether Tesolin emerges from this as an independent empire-builder or sees his career upended will depend on:
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Legal outcomes
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Client trust
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Ray White’s next move
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Regulatory decisions
Whatever happens, this scandal is reshaping how commission transparency is handled across the entire industry.