Latest news with #RayWhiteQuakersHill


Economic Times
09-08-2025
- Business
- Economic Times
Who is Josh Tesolin? Australia's top real estate agent, who sells nearly a home a day, is now facing a fair trading probe
Synopsis Top Australian real estate agent Josh Tesolin faces a setback. NSW Fair Trading suspended his license for 120 days. The suspension follows an investigation into alleged misconduct. Authorities claim Tesolin engaged in underquoting and dummy bidding. He is also accused of producing false documents. Tesolin has until August 29, 2025, to respond to the allegations. Josh Tesolin: Marketing master, award-winning agent, and now under investigation. (Image: Instagram) Australia's top-ranked real estate agent, Josh Tesolin, has been hit with a major career blow after NSW Fair Trading suspended his licence for 120 days following what they describe as an 'extensive investigation' into his Fair Trading confirmed to Daily Mail that Tesolin and his company, Tesolin Consulting Pty Ltd, were suspended on Friday, August 8. The suspension follows allegations of underquoting, dummy bidding, producing false documents for regulators, and using high-pressure sales tactics, all breaching industry allege this was not an isolated lapse but part of a repeated pattern of misconduct while Tesolin operated under the Ray White (Quakers Hill – Tesolin Group) banner. Show Cause notices have been issued, giving Tesolin and his company until August 29, 2025, to explain why they should not face further disciplinary action. Josh Tesolin was born in a Lebanese-Italian family with a strong family business influence. He is the principal of Ray White Quakers Hill and one of Australia's most recognisable real estate agents. He has built a career defined by staggering sales figures and a relentless work ethic. In 2020, RateMyAgent awarded him Australia's Number 1 Agent out of more than 54,000 agents nationwide. Known for his relentless drive and aggressive sales style, Tesolin became the Director and Principal of Ray White Quakers Hill in July 2020 after six years at Australian Real Estate Quakers 2021, amid Sydney's biggest housing boom in three decades, Tesolin sold 350 properties, equating to almost one property every single to The Daily Telegraph, these transactions totalled $383.8 million in sales and generated $7 million in gross commission for the year. Josh's wife, Sophie Tesolin, has been a key figure in his career. Serving as office manager at Ray White Quakers Hill, Sophie worked closely with Josh to manage client appointments, often late at night, while raising their son, Emilio. The couple has openly shared how they blend family life with their professional commitments to keep up with the demands of the high-pressure real estate mother, Annette, is the general manager of Ray White Quakers a report by he mentioned that he works seven days a week and sponsors lots of schools and supports sporting sharp marketing skills and social media presence built him into a brand as much as a real estate agent. His name became synonymous with Quakers Hill property sales, with his team often leading auction results and dominating local listings.


Time of India
09-08-2025
- Business
- Time of India
Who is Josh Tesolin? Australia's top real estate agent, who sells nearly a home a day, is now facing a fair trading probe
Who is Josh Tesolin? Live Events Josh Tesolin's wife and family (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Australia's top-ranked real estate agent, Josh Tesolin , has been hit with a major career blow after NSW Fair Trading suspended his licence for 120 days following what they describe as an 'extensive investigation' into his Fair Trading confirmed to Daily Mail that Tesolin and his company, Tesolin Consulting Pty Ltd, were suspended on Friday, August 8. The suspension follows allegations of underquoting, dummy bidding, producing false documents for regulators, and using high-pressure sales tactics, all breaching industry allege this was not an isolated lapse but part of a repeated pattern of misconduct while Tesolin operated under the Ray White (Quakers Hill – Tesolin Group) Cause notices have been issued, giving Tesolin and his company until August 29, 2025, to explain why they should not face further disciplinary Tesolin was born in a Lebanese-Italian family with a strong family business influence. He is the principal of Ray White Quakers Hill and one of Australia's most recognisable real estate agents. He has built a career defined by staggering sales figures and a relentless work 2020, RateMyAgent awarded him Australia's Number 1 Agent out of more than 54,000 agents nationwide. Known for his relentless drive and aggressive sales style, Tesolin became the Director and Principal of Ray White Quakers Hill in July 2020 after six years at Australian Real Estate Quakers 2021, amid Sydney's biggest housing boom in three decades, Tesolin sold 350 properties, equating to almost one property every single to The Daily Telegraph, these transactions totalled $383.8 million in sales and generated $7 million in gross commission for the wife, Sophie Tesolin, has been a key figure in his career. Serving as office manager at Ray White Quakers Hill, Sophie worked closely with Josh to manage client appointments, often late at night, while raising their son, couple has openly shared how they blend family life with their professional commitments to keep up with the demands of the high-pressure real estate mother, Annette, is the general manager of Ray White Quakers a report by he mentioned that he works seven days a week and sponsors lots of schools and supports sporting sharp marketing skills and social media presence built him into a brand as much as a real estate name became synonymous with Quakers Hill property sales, with his team often leading auction results and dominating local listings.


Daily Mail
25-07-2025
- Business
- Daily Mail
Australia's top-performing agent considers SHOCK new career move in the face of NSW Fair Trading probe
Australia's top-performing real estate agent has sparked controversy after appearing to quietly register a new business under the name of a rival agency. Josh Tesolin, who is principal of Ray White Quakers Hill – The Tesolin Group, has been under investigation by NSW Fair Trading and is also subject to an internal compliance review by his employer. Documents registered with ASIC now reveal Mr Tesolin is linked to two businesses under Brisbane-based NGU Real Estate, suggesting he might take his career elsewhere. Both were set up on Wednesday and Thursday, called NGU Real Estate Quakers Hill Tesolin Group and NGU Real Estate Quakers Hill. In a statement to Daily Mail Australia, NGU Chairman Emil Juresic declined to comment on the registrations, as well as the investigation. 'NGU is subject to a deed of confidentiality and for this reason we are not able to discuss the queries set out in your email,' he said. Mr Tesolin's lawyer, Lisa Jemmeson, told The Sydney Morning Herald his franchise agreement with Ray White has not been terminated. Mr Tesolin is a dominant force in Sydney 's western suburbs, particularly in Quakers Hill, where he claimed to control 45 per cent of the local market in 2024. Last year he was estimated to have made $9million in commission. He currently operates under the Ray White banner, a brand that has long championed his rise to the top. In 2024, Mr Tesolin swept the Ray White NSW and ACT awards, claiming a string of major accolades including No.1 City Principal and No.1 International Principal for both settled commission and number of sales. He also took home titles for No.1 City Auction Agent by volume, and No.1 City Competition Creator in both the individual and office categories. However, Ray White has since launched a compliance review into Mr Tesolin following a report in the Herald that raised concerns about his sales practices. 'Given the seriousness and very public nature of the allegations regarding the incentive fees, we have agreed with Josh that we will undertake our own compliance review into his incentive fee arrangements,' the company said. 'This will include looking at the nature of these arrangements, how they operated, and whether there was any misalignment with client interests.' Meanwhile, a spokesperson for NSW Fair Trading confirmed Mr Tesolin and Ray White Quakers Hill remain under active investigation. 'The Strata and Property Services Taskforce within NSW Fair Trading is investigating Quakers Hill Ray White Real Estate and Josh Tesolin following proactive compliance blitzes into underquoting and complaints,' the spokesperson said. 'As this investigation is ongoing, no further comment is available at this time.' The investigation is expected to conclude in the coming weeks. Under NSW law, real estate agents must provide a reasonable estimate of a property's likely selling price in the agency agreement. If a price range is used in advertising, the highest price must not exceed the lowest price by more than 10 per cent. In NSW, underquoting is an offence, attracting penalties of up to $22,000. Daily Mail Australia is not suggesting Mr Tesolin has engaged in underquoting, only that NSW Fair Trading is investigating his agency in Quakers Hill. Mr Tesolin and Ray White have been contacted for comment.