Monday Morning Cup of Coffee: G-fees won’t pay for highways

Monday Morning Cup of Coffee: G-fees won’t pay for highways

Fed inaction leaves analysts strongly neutral on mortgage bonds

Meet our incredible 2015 Women of Influence

Announcing 40 leaders driving the housing economy

CFPB to mortgage industry: Get out of MSAs

Industry calls move regulation by enforcement
W S
Lending

This man pretends to be a Realtor and no one can stop him

Canadian fines don’t seem to slow down Derek Johnson

Derek Johnson
/ Print / Reprints /
| Share More
/ Text Size+

The Real Estate Council in Alberta, Canada, seems to have a real problem on its hands with real estate agent Derek Johnson.

The regulatory authority is not bothered by his claims on YouTube.

Nor is it his system that will reportedly threaten the Multiple Listings Service in Calgary.

It’s that Derek Johnson doesn’t seem licensed to conduct business as a real estate agent and broker.

But that’s not stopping Johnson.

According to CBCnews, the Real Estate Council keeps fining Johnson for not having a license.

The penalties are growing from $15,000 to $50,000.

Furthermore, there are reports claiming Johnson is committing fraud and harming homeowners.

And, according to an email Johnson sent to CBCnews, it doesn’t look like he plans to stop:

“Johnson said in an email that the fines are ridiculous and he hasn't been given due process by the Real Estate Council of Alberta.

"The right to participate in contract and commerce is a fundamental human right," he wrote.

[NOTE: The CBCnews article refers to real estate agents as realtors, but this is in no way associated with the National Association of Realtors, or its members.]

Here’s one video of Johnson exercising his reported unlicensed fundamental human right:

Recent Articles by Jacob Gaffney

Comments powered by Disqus