Local real-estate brokerage suspended by regulators

The Seattle Times reports that Michael and Tara Hellickson and their real estate company Hellickson.com has been suspended by state regulators after a 17-month investigation. Their property listings have been removed as well.

The Hellicksons listed a lot of properties, and their signs were a very common site in the area. Hellickson also sold an enormous volume of short sale and bank-owned properties in King and Pierce Counties, often appearing in the list of top 10 agents for sales volume, so the suspension is going to affect a large number of home sellers and banks that had their properties listed with the Hellicksons.

KIRO TV also has an interesting report on the suspension.