Real Estate recidivist Aaron Drever just doesn’t know when to quit

 

He’s been featured here many times before.? He’s been censured many times.? Yet he continues to leave a consistent trail of unhappy people with less money than they were led to expect.

An Auckland real estate agent who has racked up more disciplinary breaches than any other has now admitted reckless misconduct and his licence is on the line.

Aaron Drever admits he’s made mistakes and previously blamed the sheer volume of sales for his list of aggrieved clients after earning millions of dollars in commission.

The once high-flying agent has notched up a record nine disciplinary findings during a 13-year career that’s included stints with RE/MAX, Ray White and Harcourts. Three of these findings are under appeal. Second to him is an agent with six adverse findings and another has four.

Drever, who surrendered his licence voluntarily this year, added to his tally this week when he admitted to a “reckless” misconduct charge before the Real Estate Agents Disciplinary Tribunal relating to the sale of three West Auckland homes.

He may have surrendered his license, but Whaleoil has very good reason to believe that he is still working in real estate albeit below the radar and with some very shady characters.

Here’s the most recent trail of destruction:?

Aug 2016
Joint misconduct finding
35 Archibald Rd, Kelston
Marie van Eijk sold her Kelston home through Aaron Drever in August 2013 for $441,000 to a property investment company.
It was on-sold in December that year by Drever for $585,000 after undergoing significant renovation.
Investigators found Drever had failed to provide an appraisal supported by comparable sales data or explain how the property would be marketed when his client signed an agency agreement.
Eijk, a retired 68-year-old from the Cook Islands, told the Herald Drever was a “fast talker – very good with words”.
She believed he should lose his licence.
“I would be very disappointed if he goes back to practice.”
Awaiting penalty.

Aug 2016
Joint misconduct finding
99 Grassmere Rd, Henderson Valley
David Deyermond sold his Henderson Valley home through Drever in 2013 for $705,000.
Investigators found Drever had failed to provide an appraisal supported by comparable sales data or explain how the property would be marketed when his client signed an agency agreement.
When bringing clients to view the property, Drever also told Deyermond words to the effect of, “Shut your mouth, don’t say a word, they’re my clients”.
Deyermond, 66, told the Herald he could not understand how Drever was allowed to continue practising as his track record worsened.
“He should be banned for life from holding a licence for real estate to save any further hurt or stress on people who place their properties to sell in his hands.”
Awaiting penalty.

Aug 2016
Joint misconduct finding
52B James Laurie St, Henderson
Wendy Lowe enlisted Drever to sell her Henderson home in 2013 but later cancelled the agreement and switched agencies.
Investigators found Drever failed to provide an appraisal supported by comparable sales data or explain how the property would be marketed when his client signed an agency agreement.
Lowe, 58, told the Herald she was stunned to learn that thousands of dollars in marketing funds she paid to Drever had been deposited into his own account, rather than the RE/MAX agency’s trust account.
She eventually cancelled the agreement and believed Drever hadn’t changed.
Awaiting penalty.

March 17, 2016
Unsatisfactory conduct finding (under appeal)
Failed to follow the complainants’ instructions and failed to inform the complainants about matters relating to the sale of the property.
Censured, fined $5000 and ordered to pay complainants $2246.80.

March 11, 2016
Unsatisfactory conduct finding (under appeal)
Pressured the complainants to sign a variation to the sale and purchase agreement. Failed in his obligations to the complainants as he went overseas and did not delegate his ongoing transactions to another licensee.
Censured, fined $10,000 and ordered to pay costs of $575 to complainants.

Dec 17, 2015
Unsatisfactory conduct finding (under appeal)
21A Kelwyn Rd, Kelston
Failed to get keys from the complainant for the photographer at the arranged time and failed to provide copies of photographs to the complainant. Failed to provide marketing reports on open homes or advise the complainant he would miss meetings or was running late.
Also pressured the homeowner to withdraw her complaint regarding his conduct.
The Complaints Assessment Committee labelled this “tantamount to blackmail” and noted with concern the number of previous disciplinary findings against Drever.
“The committee agrees with the complainant that something needs to be done about this licensee so that the public can be protected.”
Censured, fined $8000 and ordered to refund $10,000.

Dec 18, 2014
Misconduct finding
Put vendor monies at risk by banking marketing funds directly into his own bank account rather than through the agency.
Fined $5000, ordered to pay costs of $2000 and undertake a refresher education course.
Drever also faced a police charge in relation to the money deposits but the criminal charge was dropped when he repaid the money.
Warned by the Real Estate Disciplinary Tribunal “his licence will very likely be at serious risk of suspension or revocation” if he appeared again on serious offending charges.

April 14, 2014
Unsatisfactory conduct finding
Along with another agent, made errors and omissions in respect to the preparation and signing of a sale and purchase agreement and did not clarify the final sale price, causing the vendors to be overcharged commission.
Fined $3500, ordered to refund $2177.29 in fees.

Aug 27, 2013
Unsatisfactory conduct finding
Did not have an accurate listing agreement in place to support his claim of commission.
Censured, fined $3500 and ordered to undergo training.

Dec 13, 2012
Unsatisfactory conduct finding
Failed to give a copy of the required guide to the complainant prior to signing the sale and purchase agreement or give them adequate time to seek legal advice. Failed to provide all information provided by vendor to the complainant. Failed to correct marketing after being advised by the Real Estate Agents Authority to do so.
Censured, fined $2500 and ordered him to pay the complainant $1035 in costs.

Nov 4, 2011
Unsatisfactory conduct finding
Along with another agent, failed to advise the complainant during the negotiation process that the settlement date had been changed from that stated in his written instructions.
Censured and ordered to reimburse the complainant $1463.15.

Having a license or not will not matter to this man.? He clearly has no interest in following the already weak and watered-down rules.

Those are just the clients that could be bothered to follow up and had the energy to see the whole complaints process through.? The true cost of this? one-man Estate caper is much larger.

 

– Lane Nichols, NZ Herald

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