A real estate agent who believed she was doing the “right thing” by buying a vulnerable retiree’s property at $500,000 below market value has had her licence suspended.

Rachelle Carmen Nohra took advantage of the 82-year-old with alcohol problems and symptoms of Alzheimer’s by purchasing his Sydney home for $600,000.

She offered this price despite knowing his property had a similar value to one sold next door for $1.1 million.

Nohra, who is the director of Eser Property in Greystanes, purchased the man’s home at a “significant undervalue” in a personal capacity in April 2023, a tribunal decision published on Thursday revealed.

She promised that the retiree — known for legal reasons as Mr A — could remain living at the property for the rest of his life.

However, their subsequent tena

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