VANCOUVER, Nov. 14, 2017 /CNW/ - The Real Estate Council of British Columbia has suspended the real estate licences of Kevindeep (Kevin) Singh Bratch and Bratch Realty Ltd., pending completion of its investigation into Mr. Bratch's and Bratch Realty's conduct. Effective immediately, Mr. Bratch and Bratch Realty are prohibited from providing real estate services to, or on behalf of, any member of the public.
The Council has suspended the licences in the public interest while it further investigates whether Mr. Bratch was engaged in aggressive marketing and sales practices targeting vulnerable persons who were financially distressed as a result of their homes being in foreclosure proceedings. The Council is also investigating whether these were "predatory" schemes for personal gain and profit at the expense of those who were in distress.
The licence suspensions remain in effect until further notice.
Concerned clients of Mr. Bratch or Bratch Realty should contact the Real Estate Council of BC at 604-683-9664, toll-free at 1-877-683-9664, or by email at info@recbc.ca.
View the Suspension Order
View the Written Reasons
About the Council
The Council is a regulatory agency established by the provincial government. Its mandate is to protect the public by enforcing the licensing and licensee conduct requirements of the Real Estate Services Act.
SOURCE Real Estate Council of BC
View original content: http://www.newswire.ca/en/releases/archive/November2017/14/c8074.html
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