State Regulators Vote To Revoke Real Estate Agent's License For Alleged Double-Dealing On Listed Property Bought At Foreclosure Sale

In Denver, Colorado, KUSA-TV Channel 9 reports:

• The Colorado Division of Real Estate voted to revoke a Jefferson County real estate agent's license following a 9Wants to Know investigation into a transaction where a Realtor didn't bring an offer to the seller and then turned around and bought the building at a foreclosure auction.(1)
• "Justice was served," Carol Price, who hired Realtor Mark Dyson to sell her dance clothing store before it went into foreclosure, said. "License revocation and maximum fines are as severe as it gets for discipline imposition," said Marcia Waters, Division of Real Estate director.

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• The Colorado Real Estate commission voted to revoke Dyson's license during a meeting Tuesday morning. The commission investigates complaints made by consumers such as Price, whose daughter filed a complaint after 9Wants to Know started looking into the deal. (Read how to file a complaint)

For more, see Realtor's license revoked after 9Wants to Know investigation.

(1) See Listing R/E Agent Conceals Purchase Offer To Client/Owner Of Bldg In F'closure, Then Buys Property At Auction, Flips It To Original Prospective Buyer.