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Real estate agent fined over $15000 for drinking milk at seller’s home

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The world’s most expensive milkshake is the epitome of luxury: a gold-flecked creation of Madagascar vanilla beans, donkey milk caramel sauce and Venezuelan cocoa that comes in a Swarovski crystal-encrusted glass and sells for $100 a pop.

A Canadian real estate agent will have to pay more than 150 times that much for taking a swig of plain milk.

After a home surveillance camera caught Mike Rose drinking milk straight out of the container at a house he was showing, the British Columbia Financial Services Authority, a government agency tasked with regulating the Canadian province’s financial institutions, on July 18 deemed Rose’s actions “unbecoming” under the British Columbia Real Estate Services Act. It fined him 20,000 Canadian dollars, or approximately $15,162. The agency also ordered Rose to pay an additional 2,500 Canadian dollars, or almost $1,896, in enforcement expenses, records show.

Rose did not immediately respond to a request for comment. However, in a statement to local outlet CFJC Today, he apologized for the “very unfortunate, and very uncharacteristic, decision.”

“I have never done this kind of thing before, nor will I ever behave in this way again,” Rose said. “… Although I have apologized directly to the homeowners, I know that actions like this are not quickly forgiven nor easily forgotten. I will be spending the next few weeks considering my actions, better understanding why I would do this, and work to ensure this kind of [behavior] never occurs again.”

The incident occurred on July 16, 2022, in the city of Kamloops, before potential buyers were scheduled to arrive at the house for a viewing.

That day, homeowner Lyska Fullerton and her family had left the house ready, clean and with the lights on for what they initially thought would only be one viewing. Later in the evening, though, the Fullertons’ real estate agent told them there had been a second showing.

That’s when Fullerton went back to her Ring camera — a device originally “intended for my teenage kids, so I could keep an eye on them and make sure they went home on time,” she told The Washington Post. She figured she would see a real estate agent guiding a group of prospective buyers.

But what she found left her “utterly speechless, in shock and creeped out,” Fullerton said.

The footage showed Rose entering the home some 30 minutes before the buyers. That afternoon, he walked into the kitchen and pulled the window blinds open. Then, he opened the fridge, pulled out a carton of milk and took a long gulp. Rose then put the milk back inside the fridge and closed the door, the video showed.

To make matters worse, Fullerton added, the video also showed Rose sitting on the couch while the potential buyers visited the house. He broke the couch’s arm, she said.

“This was unprofessional in so many ways,” Fullerton said. “Every part of it was just such an invasion of privacy and such an invasion of our home.”

Seeing the video left Fullerton disgusted, she said — particularly because the incident happened during a global pandemic that heightened observations of personal hygiene and killed both her and her husband’s parents.

“In what world do you think that this is ever okay to do?” Fullerton said. “I wouldn’t even do that in my own family’s home.”

According to the order from the British Columbia Financial Services Authority, Rose told the agency he was “unusually dehydrated” at the time because of a new medication. He was also under “considerable stress,” the report shows.

Fullerton confronted Rose two days after the incident, when the prospective buyers went back for another viewing. When she asked him if there was anything he wanted to tell her about his last visit to the home, Fullerton said Rose replied, “The milk?”

She reported him after that.

For Fullerton, it’s not so much that Rose drank the milk — it’s how he didn’t let anyone know that he had done so, she said.

“It doesn’t bother me that he drank milk. I mean, maybe he had an upset stomach, for all I know,” she said. “But to do it in that way? He didn’t even leave a note or tell us this happened. I had to find out because of my camera, and that’s just gross and plain wrong.”

“It makes you question your trust in people who visit your home,” she added.

That’s the reason the financial services agency cited in fining Rose. In its order, the agency said Rose’s behavior was in violation of statutes in the British Columbia Real Estate Services Act, which deems “unbecoming” conduct as behavior that “undermines public confidence in the real estate industry” and “brings the real estate industry into disrepute.”

Despite the milk situation, the prospective buyers wound up becoming the home’s owners, and the Fullertons moved out later that month.

“We sold it pretty quickly right after that, which is great,” she said. “Because the new people can go on and have new memories there, and we don’t have to stick with the memories of what happened.”

As for the milk jug that started it all, Fullerton said she immediately poured it out.

“My husband came back home and watched me throw a half a gallon of milk in the trash,” she said. “He’s looking at me like I’m crazy and asked, ‘What are you doing?’”

She told him: “You don’t even want to know.”

 

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Mortgage rule changes will help spark demand, but supply is ‘core’ issue: economist

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TORONTO – One expert predicts Ottawa‘s changes to mortgage rules will help spur demand among potential homebuyers but says policies aimed at driving new supply are needed to address the “core issues” facing the market.

The federal government’s changes, set to come into force mid-December, include a higher price cap for insured mortgages to allow more people to qualify for a mortgage with less than a 20 per cent down payment.

The government will also expand its 30-year mortgage amortization to include first-time homebuyers buying any type of home, as well as anybody buying a newly built home.

CIBC Capital Markets deputy chief economist Benjamin Tal calls it a “significant” move likely to accelerate the recovery of the housing market, a process already underway as interest rates have begun to fall.

However, he says in a note that policymakers should aim to “prevent that from becoming too much of a good thing” through policies geared toward the supply side.

Tal says the main issue is the lack of supply available to respond to Canada’s rapidly increasing population, particularly in major cities.

This report by The Canadian Press was first published Sept. 17,2024.

The Canadian Press. All rights reserved.

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National housing market in ‘holding pattern’ as buyers patient for lower rates: CREA

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OTTAWA – The Canadian Real Estate Association says the number of homes sold in August fell compared with a year ago as the market remained largely stuck in a holding pattern despite borrowing costs beginning to come down.

The association says the number of homes sold in August fell 2.1 per cent compared with the same month last year.

On a seasonally adjusted month-over-month basis, national home sales edged up 1.3 per cent from July.

CREA senior economist Shaun Cathcart says that with forecasts of lower interest rates throughout the rest of this year and into 2025, “it makes sense that prospective buyers might continue to hold off for improved affordability, especially since prices are still well behaved in most of the country.”

The national average sale price for August amounted to $649,100, a 0.1 per cent increase compared with a year earlier.

The number of newly listed properties was up 1.1 per cent month-over-month.

This report by The Canadian Press was first published Sept. 16, 2024.

The Canadian Press. All rights reserved.

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Two Quebec real estate brokers suspended for using fake bids to drive up prices

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MONTREAL – Two Quebec real estate brokers are facing fines and years-long suspensions for submitting bogus offers on homes to drive up prices during the COVID-19 pandemic.

Christine Girouard has been suspended for 14 years and her business partner, Jonathan Dauphinais-Fortin, has been suspended for nine years after Quebec’s authority of real estate brokerage found they used fake bids to get buyers to raise their offers.

Girouard is a well-known broker who previously starred on a Quebec reality show that follows top real estate agents in the province.

She is facing a fine of $50,000, while Dauphinais-Fortin has been fined $10,000.

The two brokers were suspended in May 2023 after La Presse published an article about their practices.

One buyer ended up paying $40,000 more than his initial offer in 2022 after Girouard and Dauphinais-Fortin concocted a second bid on the house he wanted to buy.

This report by The Canadian Press was first published Sept. 11, 2024.

The Canadian Press. All rights reserved.

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