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Licensing and Enforcement Statistics
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BCFSA maintains statistics on the number of individuals and brokerages licensed to provide real estate services in B.C., on the complaints we receive, and on the investigations and prosecutions we conduct.
We also track statistics on our disciplinary outcomes, the brokerages we audit, and the inquiries from licensees and consumers we respond to. We continuously monitor this information to identify emerging regulatory issues and trends in B.C.’s real estate industry, and we publish this information as a resource for the public and the profession.
We update our statistics quarterly throughout the year. Please check back periodically for the most current information.
Quarterly Statistics April 2023 – March 2024
Overview June 30 Sept 30 Dec 31 Mar 31 Total Real Estate Professionals 29,304 29,402 29,441 By Category June 30 Sept 30 Dec 31 Mar 31 Real Estate Sales 27,307 27,348 27,393 Rental Property Management 4,654 4,657 4,655 Strata Property Management 1,490 1,509 1,503 Note: Professionals may be licensed for more than one category. By Level June 30 Sept 30 Dec 31 Mar 31 Managing Brokers 1,295 1,302 1,296 Associate Brokers 1,349 1,340 1,339 Representatives 26,660 26,760 26,806 Total 29,304 29,402 29,441 Overview June 30 Sept 30 Dec 31 Mar 31 Licensed Brokerages 1,546 1,545 1,544 Note: Licensed brokerages include branch offices. Enforcement Apr — Jun Jul — Sept Oct — Dec Jan — Mar Consent Orders Issued 1 7 7 Disciplinary Hearings Held* 5 4 5 Fines & Admin Penalties Issued 8 21 18 Fines & Admin Penalties Amounts $178,750 $186,000 $457,745 Suspensions Issued 1 - - Letters of Advisement Issued - 6 4 Licence Surrenders - - - Orders in Urgent Circumstances - - - Dismissed/Closed - - - Appeals - - - *Disciplinary hearings are, in most cases, held in two parts: a hearing on liability, followed in cases where there is a finding of liability by a hearing to determine penalty. By Source Apr — Jun Jul — Sept Oct — Dec Jan — Mar Real Estate Professionals 1,822 1,373 1,379 Consumers 852 821 744 Non-identified/Other 264 365 360 Total 2,938 2,559 2,483 Complaints Apr — Jun Jul — Sept Oct — Dec Jan — Mar Total Received 314 291 287 Type Apr — Jun Jul — Sept Oct — Dec Jan — Mar Brokerages Audited 37 47 72 *Scheduled in-person brokerage audits during this period were cancelled due to the COVID-19 pandemic, in accordance with guidelines from BC’s Public Health Officer, and replaced with an audit outreach program. In total, 369 brokerages were contacted remotely during this period as part of the outreach program. Based on the interviews conducted, 113 brokerages have been identified for further investigation/audit procedures. Virtual office audits started in September 2020. Students Registered in Licensing Courses* Apr — Jun Jul — Sept Oct — Dec Jan — Mar Trading Services (Real Estate Sales) 1,259 1,241 885 Rental Property Management Services 155 196 145 Strata Management Services 118 119 100 Managing Brokers 33 54 58 * These are the number of participants in the licensing courses, they are not the same as those who have passed the exam and or apply for licencing.
Statistical Archive
Find quarterly BCFSA real estate licensing, disciplinary, audit and education statistics from past years here.
Quarterly Statistics 2022/2023
Quarterly Statistics 2021/2022
Quarterly Statistics 2020/2021