Decision of the Disciplinary Panel

Date of Decision: 04 July 2018

Case of: Jeremy Bell MRICS and Greenslade Taylor Hunt

RICS Membership Number: 1126010 and 002978

Location: UK

The formal charge against Mr Jeremy Bell is: 

  1. Was party to an agreement and/or concerted practice with others to fix a minimum level of commission for certain estate agent services, contrary to his professional obligation to comply with the Competition Act 1998.  

Contrary to Rule 3 of the Rules of Conduct for Members 2007 

  1. His conduct as set out at 1. above: 
  1. Was dishonest in that he knew the agreement and/or concerted practice was intended to prevent, restrict or distort competition in order to increase his and others’ profits, 
  1. In the alternative, lacked integrity in that he knew or should have known that the agreement and/or concerted practice was designed to prevent, restrict or distort competition in order to increase his and others’ profits.  

Contrary to Rule 3 of the Rules of Conduct for Members 2007 

The formal charge against Greenslade Tayler Hunt (‘GTH’) is that: 

  1. The Firm failed to have in place adequate controls and/or training and/or monitoring procedures to prevent staff entering into anti-competitive agreement(s) or concerted practice(s), contrary to the Firm’s professional obligation to comply with the Competition Act 1998. 

Contrary to Rule 3 of the Rules of Conduct for Firms 2007 

Finding: Proved

Sanction: Expelled