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Real Estate
Reply to "Recs for High End Realtor"
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[quote=Anonymous][quote=Anonymous]Why is Casey creepy? He has been nothing but great to my friends and their high end house sales. He is [b]extremely professional and competent[/b]. What gives? [/quote] Here is an ethics discussion of why his real estate license was yanked. Ann Lane PERMALINK* February 17, 2009 2:44 am Here is a case of Fraud-Misconduct Realtor fined for misconduct Fairfax County Source: Fairfax County Times WEDNESDAY, FEBRUARY 11 2009 Real estate broker N. Casey Margenau was fined by the Commonwealth of Virginia Real Estate Board last week and has been ordered to pay $2,800 in penalties. In addition, Margenau’s brokerage license has been put on probation for two years, and he has been ordered to attend eight hours of ethics classes as a result of one of the violations. The order, issued Feb. 3, charges Margenau with improper dealing along with unworthiness and incompetence in a case in which a sale property under his care was allegedly rented without the consent of the owners. According to records of the Compliance & Investigations Division of the Virginia Department of professional and Occupational Regulation, on March 16, 2008, the owners of the property were made aware by a neighbor that several people were living on their property without their knowledge. A Fairfax County Police report from the same day states that a family had in fact moved into the property after agreeing to rent the property for six months at a rate of $800 per month. According to the report, the family claimed the deal was initiated by Margenau. The report states that Margenau personally handed the family the key to the property. An e-mail addressed to the property’s owners from Margenau’s office on March 19, 2008, states that “This was not the way things were supposed to work.” According to the report, Margenau stated that he did not rent the property or receive payments, but that “he did discuss the possibility of renting the property to [the family].” The owners maintain that they never gave Margenau permission to rent the property . [/quote]
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