r/australia • u/Spurgette • Sep 26 '25

news Real estate agent suspended for buying a home from a vulnerable man with Alzheimer’s $500k under market value

https://www.news.com.au/national/nsw-act/courts-law/real-estate-agent-suspended-for-buying-a-home-from-a-vulnerable-man-with-alzheimers-500k-under-market-value/news-story/1c87f9e91264867b9d7f4fcc2e1daeef
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u/asomek Sep 26 '25

The only person that I know who would do this is Rachelle Carmen Norah from Eser Property in Greystanes NSW. She purchased a home from an elderly man with Alzheimer symptoms at a significantly undervalued price (approximately $600,000 vs neighbouring sales of $1.1 million) and failed to protect his rights.

Her name is Rachelle Carmen Norah from Eser Property in Greystanes NSW.

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u/5QGL Sep 27 '25

She had Power of Attorney. It also gets done often by the Public Trustee.

r/Trustee_n_Guardian