The End of the Erin Toll Story

June 2010

Several weeks ago, Erin Toll resigned from her post as director of the Colorado Division of Real Estate, announcing she would become a real estate agent with Perry & Company (via INDenverTimes). "Given the controversy that has distracted the division from its mission for the last several months, I believe that the best interest of the consumers and citizens of the state of Colorado is served by this action," she writes in her letter of resignation. The embattled Toll had been put on leave following a confrontation with Senator Ted Harvey, a Highlands Ranch Republican and mortgage banker. Though there is dispute over the timeline, it appears Toll launched an investigation, alleging deceptive advertising, into Harvey and his company, American Home Funding, about one day after the confrontation. Toll's boss, Barbara Kelley, the executive director of the Colorado Department of Regulatory Agencies, later put Toll on paid leave without explanation, after making clear there would not be an investigation of Harvey. Toll, who earned about $115,000 a year, subsequently filed a lawsuit alleging she was pushed aside without due process. Now, she will receive roughly $55,000 from the state under a resignation settlement, which includes $7,158.93 for time off she had accrued, according to The Associated Press. The remainder is being paid in exchange for Toll dropping the complaint.