SOURCE: Real Estate Council of British Columbia

Real Estate Council of British Columbia

August 19, 2016 19:28 ET

Real Estate Council of BC Suspends Licence of Jacob (Jack) Stephanian

VANCOUVER, BC--(Marketwired - August 19, 2016) - The Real Estate Council of British Columbia has suspended the real estate licence of Jacob (Jack) Stephanian, formerly licensed with Coldwell Banker Prestige Realty of Vancouver, pending completion of its investigation into Mr. Stephanian's conduct. Effective immediately, Mr. Stephanian is prohibited from providing real estate services to or on behalf of any member of the public.

The Council has suspended the licence in the public interest after uncovering evidence that Mr. Stephanian deliberately omitted relevant information and provided false or misleading information on his initial licence application and on subsequent licence renewal applications.

Concerned clients of Mr. Stephanian should contact his brokerage, Coldwell Banker Prestige Realty (Vancouver branch office) at 604-879-8989.

About the Council
The Real Estate 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. The Council is responsible for licensing individuals and brokerages engaged in real estate sales, rental and strata property management. The Council enforces entry qualifications, investigates complaints against licensees and imposes disciplinary sanctions under the Act.

Contact Information

  • For more information:
    Marilee Peters
    Communication Officer
    Real Estate Council of British Columbia
    T: 604-683-9664
    Toll-Free 1-877-683-9664
    Email: mpeters@recbc.ca
    www.recbc.ca