Real estate ban

Mullumbimby real estate agent, Sean Kenny, has been disqualified from holding a real estate licence for five years after an investigation by the Office of Fair Trading into the purchase and resale of a Mullumbimby property.

He has also been banned from being involved in the direction, management or conduct of a real estate business for five years.

The investigation found that Mr Kenny, whose company Bale Building bought the property for $350,000 in 2007 and sold it shortly after for $590,000, had exploited the trust of an elderly seller.

A Fair Trading spokesperson said Mr Kenny had exploited the trust of an elderly client for his own financial gain.

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