Coldwell Banker Sea Coast Advantage has hired Fred Gainey as compliance director.

Gainey launched his real estate career with the firm in 2009, according to a news release. He went on to work in a variety of capacities in the local real estate market, including sales manager and broker-in-charge, before returning to Coldwell Banker Sea Coast Advantage in August 2017 as compliance director.

In this new position, he will review all contracts and works with agents to ensure they comply with rules and regulations of the N.C. Real Estate Commission (NCREC) and Multiple Listing Service (MLS), according to the release.
                 
“With the strength of today’s market and the volume of contracts being generated out of our 13 offices, we realized that both our clients and our agents would benefit significantly from having a full-time Compliance Director in-house,” Tim Milam, president of Coldwell Banker Sea Coast Advantage, said in the release. “Fred is a well-respected leader in our local real estate industry and has the knowledge and attention to detail that this position demands. We are very proud to welcome Fred back to the Sea Coast family.”
                 
In addition to reviewing contracts, Gainey will host classes and seminars for agents on forms and contracts. Some of these classes will be held in the Autumn Hall office in Wilmington, but Gainey also plans to also travel to Sea Coast Advantage’s 12 satellite offices to ensure all agents are kept up to date on the ever-changing dynamics of real estate forms and contracts.
                 
“There are typically changes to forms every year,” Gainey said in the release. “My job is to help agents stay abreast of these changes and give them the knowledge they need to execute all contracts correctly and in compliance with all Real Estate Commission regulations.”

Gainey previously held careers as a first-responder EMT and captain with the Wilmington Fire Department. Today, he remains an active member of the Wilmington community and is president-elect of Cape Fear Realtors, a non-profit professional organization representing the business interests of 1,850 Realtors in Southeastern North Carolina.
 
He also serves as a Regional Manager on the North Carolina Regional MLS and is a board member of the Wilmington Realtor Foundation. Gainey is a board member of the Cape Fear Public Transportation Authority (WAVE Transit) and New Hanover County Special Board of Equalization and Review.