Hager, Ronald | Principal Broker | Siloam Springs, AR

03/01/2007 | Hearing No. 3031

By Consent Order, In Formal Hearing # 3031 the Commission ordered that “…Respondent  Ronald Hager shall receive a Letter of Reprimand to be placed in his license file, pay a $150 penalty to the Arkansas Real Estate Commission within 30 days of the date of this Order, and remit only certified funds to the Commission for payment of any fees.”

  “It is Further Ordered that Commission staff will conduct an office examination at Respondent’s real estate office every six (6) months for two (2) years from the date of this Order.”

• The Commission found Respondent Ronald Hager guilty of violating Arkansas Code Annotated § 17-42-311(a)(13) and § 17-42-312(a)(4), and Commission Regulation 7.3(a) and 10.7(c).
• Respondent Hager failed to make good check #12684 dated 12-26-2006, in the amount of $100 tendered to the Arkansas Real Estate Commission to renew his 2007 Broker license.  Respondent’s conduct constitutes improper, fraudulent, and dishonest dealings.
• Respondent failed to maintain a place of business and display a real estate sign.  Respondent ceased to do business and to maintain an office and failed to notify the Commission of the address and phone number of the place where the trust account and transaction records are being maintained.