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The return of Queen Marnie Adams

After an enforced sabbatical, real estate queen Marnie Adams is back on the job.

Ms Adams, who lost her real estate licence in March after pleading guilty to misconduct charges, has resumed her post at Sotheby’s in Parnell – the week after her suspension ended.

But after alerting NBR ONLINE she was back in business and ready to talk, the Irish woman who still maintains she did no wrong skipped out of interview appointments.

She doesn’t trust the press not to refer to her suspension, and believes all references to that episode should be expunged from Google.

Holidaying overseas

It seems Ms Adams – kitted out in black fitted dress, lace bodice and high-heels when she and her accessory pooch Tuppence met NBR ONLINE – is not back at work because she needs the money.

Far from it, she says. She has been holidaying at her Brisbane property and “elsewhere overseas”.

Once New Zealand’s top-selling female estate agent, she was rumoured by colleagues to be a millionaire in her own right from years earning handsome commissions on premium top-end property sales.

In happier times her former employer Bayleys trumpeted how she had carved a “phenomenal career” in real estate over six years with more than half a billion dollars of sales from Parnell to Glendowie.

Her clients included a star-studded array of NBR Rich Listers, for whom she handled the sale and purchase of some New Zealand’s most expensive and exclusive homes.

Her Queen’s counsel John Billington claimed at her disciplinary hearing she had been forced to sell her house, live in rented accommodation and had sufered huge personal distress and anxiety.

Doesn't need the money

But she’s not in it for the money, she insists. “It’s my love of the work and desire to prove I’m not going away,” Ms Adams says.

It is because she wants to show the people who “saw her off” they can’t run her out of town.

Top of that list is Bayley’s boss Mike Bayley, who Ms Adams squarely blames for the complaint which got her suspended.

She had the golden Midas sales touch at Bayleys for years.  

What went wrong

Bayleys complained to the Real Estate Institute’s disciplinary tribunal that she acquired an interest in a Mission Bay property she listed without obtaining the consent of her vendor clients or informing them of her interest in the property.

Her licence was suspended for six months from March 14, she was fined $10,000 and ordered to pay $5000 costs.

She has her own, exceptionally forthright, opinions about why the disciplinary complaint  was made in the first place.

It was, she believes, the real estate equivalent of a “spurned lover’s deeds”.

Demanding unacceptable editorial control over this story, Ms Adams stops talking, reiterating her belief the press can’t be trusted.

What the ads say about her

Instead, her re-entry into a field in which she earned the name "million-dollar Marnie" is featured in real estate advertising and on the Sotheby’s website.

The agency hails her return “after a holiday abroad” in the Property Press, in which it offers a one-page advertising profile.

“Marnie is once again offering buyers and vendors her proven approach to the marketing and sale of unique homes in the premium property sector,” the advertisement reads.

The expensive glossy ad invites prospective clients to “discuss your individual requirements with Marnie today.”

Similar promotions are being run in other publications, including those who regaled readers with her fall from grace.

She already has some listings – her first goes to auction next Wednesday.

There are three more properties listed in her name on the Sotheby’s site, all of them high-end addresses.

More by Geraldine Johns and Jock Anderson

Comments and questions
18

So becomes the female Micheal Boulgaris.

Welcome back Marnie! The RE industry is woefully short of professionals like yourself. You go girl - show them how it's done...

come on guys - 16 dislikes to my post so far! just goes to show how many bitter & twisted r.e. agents are lurking around out there

Boulgaris wishes he could sell as much as her!

I have never heard anyone refer to her as "Million Dollar Marnie"

Pleading guilty then telling the media she did nothing wrong.... not much remorse for acting unethically.

This is about to be a repository for a raft of puerile comments, if all the above is anything to go by.

That was really insightful well done Sherlock.

The press can't be trusted...said marnie. The woman who has just returned from suspension for doing a deal behind a clients back. Pure gold.

I came across Marnie when she was selling a property prior to her suspension. As a prospective buyer she was one if the least energetic and responsive seller's agents I've come across. Her approach seems to be to get more listings than she can sensibly handle, and let the buyers do the work. If you're thinking of using her, you could do a lot better!!!

I think she needs a new Public Relations consultant if she thinks this article did her career any favours. Bit of a foot in mouth moment.

the anonymous comments posted about Marnie Adams are nearly one liners the common narrative and styling of the comments would lead a reader to think they had been written by the same hand

It should be mentioned, that the vendor wasn't all that fussed. Marnie's pecuniary interest was less than 10% of the selling price, though, it doesn't excuse the non-disclosure. Also, the vendor was remitted the full commission. So, in a way, you could say he was quite pleased with Marnie taking an interest in selling his home that went beyond the normal function of an agent.

i knew Marnie way back in the radio days and she was always a bright, hard working straight-shooter...looks to me like sour grapes here...sure, she took a short cut but when you swim with the sharks for a living it's hard to not have an occasional lapse in judgement...just saying !

let he without sin etc etc:-)

do you not get that the vendor did not complain so the whole thing was a farce - how many other complaints have the REAA heard from a colleague my guess is nil

I have had the pleasure of working with Marnie on three occasions and she in my mind is exceptional I would never use any other agent and know she is completely trustworthy and always goes the extra mile

anyone know if janine wallace (coincidentally, also one of mike's ex balyes babes!) is back in biz after her tête-à-tête with the reinz*?

*imo, basically a bunch of high paid, self-appointed pen-pushers ...just sayin' ;-)

It would be extremely disconcerting if Janine Wallace was allowed to continue operating as a realtor in NZ.

Google her name and see what I have just seen.