Richmond realtor Morning Yu fined $18,000 for professional misconduct
The Real Estate Council of B.C. has fined Richmond realtor Chen (Morning) Yu $18,000 for professional misconduct in a pair of real estate transactions.
The council says Yu advertised and operated under the name Team Morning Yu while working for Metro Edge Realty, a move that had not been approved by the council.
She was reprimanded for failing to disclose important information to a potential buyer in Richmond and for failing to document records.
The council says she instructed the buyer’s agent on how to deal with the buyer, who had decided not to purchase the home on the basis of a feng shui report.
She is also being repri manded for acting for a buyer and her mother in the sale of a property in Richmond, providing real estate services other than on behalf of her licensed brokerage.
The real estate council collectively fined her $18,000 and said she must undergo further real estate training at her own expense.