SURREY (NEWS1130) – A real estate company in Surrey has been shut down and its bank accounts frozen by industry regulators who will hold a hearing into the firm.
The Real Estate Council of BC says it closed 8th Avenue Elite Realty because the public interest would be hurt by “the length of time required to complete an investigation or hold a disciplinary hearing.”
The council has ordered 12 accounts at four different banks be frozen.
“We want any members of the public who may have concerns about their interaction with 8th Avenue Elite to get in touch with us so we can pursue their concerns,” says deputy executive officer Larry Buttress.
The company was set up in 2012 by Rup Dawoodharry and lists an office on 32nd Avenue. Its phone is continuously busy and her page on LinkedIn can no longer be found.
The Web site 8thavenue.ca is dead, but the site dawoodharryteam.com is still active. A third site, homeforeclosuresbc.com, had a YouTube message suggesting it was trying to franchise 8th Avenue Elite elsewhere in BC.