North Carolina realtor loses license after investigation into unfinished houses

LINCOLN COUNTY, N.C. (QUEEN CITY NEWS) — Joy Cotto was nowhere to be found inside the large second-floor conference room of the North Carolina Real Estate Commission office. Her name was on a list of settlement deals of real estate agents under investigation by the state.

The commission received its first complaint against Cotto back in May 2023 from a fellow real estate broker in Gaston County.

“Joy is selling lots and new construction homes with her husband acting as the GC (general contractor), but he is not a general contractor,” Frankie Gonzalez, Jr. wrote in a complaint dated May 8, 2023.

UNFINISHED BUSINESS: Multiple homeowners claim NC builder took bank draws, cash and left their homes unfinished

“The new construction homes do not progress, her communication is terrible, and Mario Cotto, her husband, is non-communicative,” Gonzalez alleged.

Turns out, as the old saying goes, Gonzalez was a canary in the coal mine…

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