Lodes v. State Ex Rel. Oklahoma Real Estate Commission

REIF, Judge.

Real estate broker Hope Lodes appeals the district court affirmance of a two-month suspension of her license by the Oklahoma Real Estate Commission. Evidence at the Commission’s hearing disclosed that Lodes entered into a contract to buy property from a client of her real estate agency at the client’s asking price. Before closing with the client, Lodes learned of a resale opportunity for a higher price which she did not disclose. Shortly after closing with the client, Lodes resold the property at a profit. The Commission adopted its hearing examiner’s conclusion that “Lodes…