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Joshua Tesolin and Tesolin Consulting Pty Ltd Banned Ten Years for Underquoting

Favicon for www.nsw.gov.au NSW Fair Trading News
Filed April 2nd, 2026
Detected April 6th, 2026
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Summary

NSW Fair Trading has imposed a 10-year ban on Joshua James Tesolin and Tesolin Consulting Pty Ltd following findings of serious and deliberate misconduct affecting more than 100 property transactions. The action addresses underquoting, advertising properties below estimated selling price, falsifying regulatory documents, and improper supervision. The disciplinary decision has taken immediate effect.

What changed

NSW Fair Trading found Joshua Tesolin, former licensee-in-charge and sole director of Tesolin Consulting Pty Ltd, engaged in sustained unlawful, improper and dishonest conduct affecting over 100 property transactions. The violations included underquoting (advertising properties below estimated selling price), directing employees to falsify documents provided to the regulator, failing to properly supervise the business, and engaging in unlawful, improper and unfair conduct. Both Mr. Tesolin and Tesolin Consulting Pty Ltd received 10-year disqualifications from operating in the real estate industry.

Consumers should immediately verify an agent's licence status via Verify NSW before engaging real estate services and report suspected misconduct to NSW Fair Trading. Real estate licensees should note that deliberate misconduct including underquoting practices and obstruction of regulatory oversight will result in severe disciplinary consequences. The decisions may be reviewed under NSW law, but the disciplinary action has taken immediate effect.

What to do next

  1. Verify real estate agent licence status via Verify NSW before engaging services
  2. Report suspected real estate agent misconduct to NSW Fair Trading online
  3. Review internal controls to ensure accurate price quoting and document integrity

Penalties

10-year disqualification from being involved in management or operation of a licensed real estate business for Joshua Tesolin; 10-year disqualification for Tesolin Consulting Pty Ltd from operating in the industry

Source document (simplified)


Ministerial media release

Ten-year ban for Joshua Tesolin and Tesolin Consulting Pty Ltd following serious misconduct

Published: 2 April 2026 Released by: Minister for Better Regulation and Fair Trading Listen Joshua James Tesolin has been disqualified for 10 years from being involved in the management or operation of a licensed real estate business following findings by NSW Fair Trading of serious and deliberate misconduct.

Mr Tesolin, the former licensee-in-charge and sole director of Tesolin Consulting Pty Ltd, was found to have engaged in sustained unlawful, improper and dishonest conduct which affected more than 100 property transactions and posed a significant risk to consumers.

NSW Fair Trading’s investigation found Mr Tesolin was involved in underquoting, advertising properties below their estimated selling price, directing employees to falsify documents provided to the regulator, failing to properly supervise the business, and engaging in unlawful, improper and unfair conduct.

In addition to the action taken against Mr Tesolin personally, NSW Fair Trading has also taken disciplinary action against Tesolin Consulting Pty Ltd, including a 10-year disqualification from operating in the industry.

Mr Tesolin and Tesolin Consulting Pty Ltd have the right to seek review of the disciplinary decisions in accordance with the relevant review provisions under NSW law.

The disciplinary action has taken immediate effect. Details of the decisions will be published on the NSW Government’s public register, Verify NSW, and on NSW Fair Trading’s Name and Shame Register.

Consumers are encouraged to check an agent’s licence status before engaging their services, and to report suspected misconduct to NSW Fair Trading.

Consumers who suspect misconduct by a real estate agent can report it to NSW Fair Trading online at https://www.nsw.gov.au/departments-and-agencies/fair-trading

Minister for Better Regulation and Fair Trading Anoulack Chanthivong said:

“Real estate agents are trusted with some of the most significant financial decisions and transactions people make.

“When an agent deliberately misleads consumers, falsifies records and undermines regulatory oversight, we must take strong action – and that’s exactly what NSW Fair Trading has done.

“This outcome sends a clear signal to others contemplating similar conduct: that it will not be tolerated, and you will be caught.”

NSW Fair Trading Commissioner Natasha Mann said:

“Consumers deserve confidence that property transactions are being handled fairly and transparently. When conduct falls well short of that standard, NSW Fair Trading will intervene decisively.”

“Deliberate misconduct has serious consequences. This outcome sends a clear signal to the industry that misleading practices and attempts to obstruct regulatory oversight will not be tolerated.”

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Top

Named provisions

Disqualification from licensed real estate business Public Register - Verify NSW Name and Shame Register

Source

Analysis generated by AI. Source diff and links are from the original.

Classification

Agency
NSW Fair Trading
Filed
April 2nd, 2026
Instrument
Enforcement
Legal weight
Binding
Stage
Final
Change scope
Substantive

Who this affects

Applies to
Consumers
Industry sector
5311 Real Estate
Activity scope
Real Estate Transactions Property Pricing and Quoting Regulatory Reporting
Threshold
Licensees and consumers engaged in property transactions
Geographic scope
Australia AU

Taxonomy

Primary area
Consumer Protection
Operational domain
Compliance
Topics
Real Estate Financial Services

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