President and CEO of PGF Realty Ltd. Bishop Walter Hanchell on Wednesday said he plans to sue officials of the Bahamas Real Estate Association (BREA) after the association published what he called “damaging” information in the media.
In a press statement issued yesterday, Bishop Hanchell said on July 15, BREA published a list of real estate agents and brokers naming individuals who were no longer licensed to practice in The Bahamas.
He said nearly 70 names were on that list and one of them was his.
According to the statement Bishop Hanchell was outraged, disappointed and shocked that the Board of Directors of BREA would “do such a despicable act to its members.”
“I have been a member of BREA for 30 years and have always paid my dues,” he said. “I am appalled at the treatment members are receiving. A simple telephone call, email or a friendly reminder to members would be much better than embarrassing them publicly in the media. I have received a written apology from Carla Sweeting, president of BREA. The letter states in part ‘The Board humbly apologises for any inconvenience and embarrassment you may have experienced.’
“For the record, this apology has not been accepted. Too much damage has already been done.”
Bishop Hanchell said his attorney has advised him to take immediate legal action against the Bahamas Real Estate Association for the “oversight.”
“I have received calls from well-wishers who find it incredible that something like this could happen,” Bishop Hanchell added. “I stand with my fellow realtors, who too have been affected by this totally unnecessary and insensitive procedure and wish them the best in rebuilding their businesses. These are challenging times and we do not need people representing us who seem to not have the best interest of members at heart. The damage done to my character and business is inexcusable. There will be consequences.”