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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.
Overview June 30 Sept 31 Total Real Estate Professionals 26,241 26,854 By Category June 30 Sept 31 Real Estate Sales 24,448 25,008 Rental Property Management 4,672 4,680 Strata Property Management 1,385 1,406 Note: Professionals may be licensed for more than one category. By Level June 30 Sept 31 Managing Brokers 1,286 1,292 Associate Brokers 1,428 1,406 Representatives 23,527 24,156 Total 26,241 26,854 Overview June 30 Sept 31 Licensed Brokerages 1,541 1,544 Note: Licensed brokerages include branch offices. Enforcement Apr — Jun July — Sept Consent Orders Issued 6 1 Disciplinary Hearings Held* 4 3 Fines & Admin Penalties Issued 24 8 Fines & Admin Penalties Amounts $61,853 $74,250 Suspensions Issued 3 3 Letters of Advisement Issued 4 15 Licence Surrenders - - Appeals 24 24 *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 July — Sept Real Estate Professionals 1,476 1,303 Consumers 1,156 893 Non-identified/Other 53 84 Total 2,685 2,280 By Source Apr — Jun July — Sept Consumer 250 183 Real estate professional 39 30 Initiated by BCFSA 15 14 Referred by real estate board 1 - Referred by another regulator 3 9 Referred from Anonymous Tipline 28 23 Other 4 1 Total 340 260 Type Apr — Jun July — Sept Anonymous Tips 113 61 Type Apr — Jun July — Sept Brokerages Audited 26 30 *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 July — Sept Trading Services (Real Estate Sales) 2323 2,002 Rental Property Management Services 142 139 Strata Management Services 88 73 Managing Brokers 36 44 * 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.
Find quarterly BCFSA real estate licensing, disciplinary, audit and education statistics from past years here.