Ideal Realty WA / Roy Li
Official warning + industry action
Two separate questions: conduct in one sale and the accuracy of award data
Updated 26 Aug 2026
SOURCE REVIEWS
0/2 within review period
COVERAGE
Historical records — review required
MONITORING
Paused · no automatic review scheduled
Last recorded check: 31 August 2026 at 6:52 am AWST
Last recorded check: 31 August 2026 at 6:52 am AWST
A source review records what the page showed at that time. It does not guarantee completeness or confirm every statement in an older file. Open the original source before acting.
SOURCE RECORD · AS DATED
ABC reported that Consumer Protection investigated a Kenwick sale and issued Ideal Realty a formal warning relating to an alleged conflict of interest. No fine was issued. REIWA separately disqualified Roy Li from its 2026 awards over discrepancies in submitted sales data.
RESPONSE / CONTEXT
Mr Li denies failing to disclose his interest, saying the seller knew he was the buyer and late written disclosure was an administrative oversight. He said sales-price entry errors were reviewed and corrected information supplied.
WHAT HAPPENS NEXT
REIWA says it is considering an audit of data submitted for previous years. Watch for any further regulator, REIWA or procedural outcome.
CASE TIMELINE
The record so far
25 Aug 2026
Sale investigation reported
The report included the formal warning and Mr Li’s response.
26 Aug 2026
REIWA action reported
The award disqualification was reported as a separate issue involving submitted data.
SOURCE RECORD
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General information only—not legal, planning, financial or investment advice.