Former Gold Coast real estate agent Kylie Jane Beecroft-Wilson fined $5000 for operating without a licence
The ex-realtor has copped a fine, but dodged a recorded conviction.
Gold Coast
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A FORMER Gold Coast real estate agent has been fined $5000 for operating without a licence.
Kylie Jane Beecroft-Wilson pleaded guilty in Southport Magistrates Court on Monday to operating as a real estate agent without a licence and making false representations that she held approval to supply real estate agency services for a period of time when she did not.
Beecroft-Wilson is the former sole director and principal licensee of Beecroft-Wilson Real Estate Pty Ltd.
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The court heard Beecroft-Wilson’s real estate agent’s licence, which she had held since February 2013, and her company licence expired in December 2018.
Beecroft-Wilson continued to manage 11 properties for clients and operate a real estate trust account in her corporation’s name into which rent money was paid before being dispersed to owners.
She also operated a business account into which she deposited rental commissions, management and letting fees.
According to the Office of Fair Trading she continued to advertise she represented a licensed real estate corporation on correspondence, receipts and new tenancy agreements, despite the company being deregistered by ASIC on 2 June 2019.
She ceased trading in January 2020 after the Office of Fair Trading was made aware of the situation.
A conviction was not recorded.