BrokerageIndustry News

Home sales in drug raid linked to one real estate agent

DEA raids 21 homes used in indoor marijuana-growing operation

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An up-and-coming California real estate agent reportedly acted as a buyer's agent for 16 Sacramento-area homes that were allegedly converted into indoor marijuana-growing operations. Kevin Parker, an agent with Prudential California Realty, was the 2004 Rookie of the Year and a top producer in 2005 at the company's Antioch office, according to his home page on a company Web site. But a DEA raid of 21 Sacramento area homes that were converted into pot growing operations has the news media -- if not law enforcement agencies -- raising questions about some of Parker's most recent deals. Using local multiple listing service data provided by real estate industry professionals, Sacramento-based KXTV News10 reported that between October 2005 and June 2006, Parker acted as the buyer's agent for all but five of the homes involved in the raids. Parker told News10 he was "shocked" by the raids, and had no idea the homes were being used to grow marijuana. When contacted by Inman News T...