Ten-year ban for Joshua Tesolin and Tesolin Consulting Pty Ltd following serious misconduct
Joshua James Tesolin has been disqualified for 10 years from being involved in the management or operation of a licensed real estate business following findings by NSW Fair Trading of serious and deliberate misconduct.
Mr Tesolin, the former licensee-in-charge and sole director of Tesolin Consulting Pty Ltd, was found to have engaged in sustained unlawful, improper and dishonest conduct which affected more than 100 property transactions and posed a significant risk to consumers.
NSW Fair Trading’s investigation found Mr Tesolin was involved in underquoting, advertising properties below their estimated selling price, directing employees to falsify documents provided to the regulator, failing to properly supervise the business, and engaging in unlawful, improper and unfair conduct.
In addition to the action taken against Mr Tesolin personally, NSW Fair Trading has also taken disciplinary action against Tesolin Consulting Pty Ltd, including a 10-year disqualification from operating in the industry.
Mr Tesolin and Tesolin Consulting Pty Ltd have the right to seek review of the disciplinary decisions in accordance with the relevant review provisions under NSW law.
The disciplinary action has taken immediate effect. Details of the decisions will be published on the NSW Government’s public register, Verify NSW, and on NSW Fair Trading’s Name and Shame Register.
Consumers are encouraged to check an agent’s licence status before engaging their services, and to report suspected misconduct to NSW Fair Trading.
Consumers who suspect misconduct by a real estate agent can report it to NSW Fair Trading online at https://www.nsw.gov.au/departments-and-agencies/fair-trading
Minister for Better Regulation and Fair Trading Anoulack Chanthivong said:
“Real estate agents are trusted with some of the most significant financial decisions and transactions people make.
“When an agent deliberately misleads consumers, falsifies records and undermines regulatory oversight, we must take strong action – and that’s exactly what NSW Fair Trading has done.
“This outcome sends a clear signal to others contemplating similar conduct: that it will not be tolerated, and you will be caught.”
NSW Fair Trading Commissioner Natasha Mann said:
“Consumers deserve confidence that property transactions are being handled fairly and transparently. When conduct falls well short of that standard, NSW Fair Trading will intervene decisively.”
“Deliberate misconduct has serious consequences. This outcome sends a clear signal to the industry that misleading practices and attempts to obstruct regulatory oversight will not be tolerated.”