Real-estate agents scrambling after alleged California fraud

Source: Insurance News Net — 

The collapse of a California-based real-estate company run by a former Columbus man has sent dozens of Columbus real-estate agents scrambling.

More than 120 Corcoran Global Living agents in central Ohio and a few in the Dayton area were left without a corporate home after the agency imploded amid lawsuits and accusations of fraud and unpaid commissions.

“We couldn’t get paid. It was very frustrating,” said New Albany real-estate agent Jeff Christensen, whose team joined Corcoran in April.

“Around September, October, commissions started to take a little long to get. They said, ‘It’s hard to find help,’ or other things — there was never a real reason. … We weren’t getting paid, utilities weren’t getting paid, rents weren’t getting paid.”

Christensen said his agents are still owed more than $20,000 in commissions.

Kristen Maetzold, a former Corcoran agent in Worthington, was owed $18,000 in commissions for weeks before finally receiving payment shortly before Christmas.