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Archive Quarterly Statistics 2020/2021
Archive Quarterly Statistics 2020/2021
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Archive Quarterly Statistics 2020/2021
Overview June 30 Sept 31 Dec 31 Mar 31 Total Real Estate Professionals 25,304 25,348 25,632 25,889 By Category June 30 Sept 31 Dec 31 Mar 31 Real Estate Sales 23,898 23,658 23,909 24,140 Rental Property Management 4,756 4,743 4,745 4,718 Strata Property Management 1,317 1,334 1,353 1,374 Note: Professionals may be licensed for more than one category. By Level June 30 Sept 31 Dec 31 Mar 31 Managing Brokers 1,308 1,309 1,304 1,284 Associate Brokers 1,471 1,451 1,448 1,442 Representatives 22,525 22,588 22,880 23,139 Total 25,304 25,348 25,632 25,889 Overview June 30 Sept 31 Dec 31 Mar 31 Licensed Brokerages 1,517 1,520 1,524 1,533 Note: Licensed brokerages include branch offices. Enforcement Apr — Jun Jul — Sept Oct — Dec Jan — Mar Consent Orders Issued 9 16 15 5 Disciplinary Hearings Held* 5 - 4 1 Fines & Admin Penalties Issued 6 17 22 15 Fines & Admin Penalties Amounts $15,375 $83,500 $135,125 $48,650 Suspensions Issued 1 3 6 2 Letters of Advisement Issued 1 6 22 15 Licence Surrenders - - - - Appeals 5 2 1 - *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 1,190 1,343 1,328 1,598 Consumers 654 901 865 979 Non-identified/Other 56 29 53 43 Total 1,900 2,273 2,246 2,620 By Source Apr — Jun Jul — Sept Oct — Dec Jan — Mar Consumer 106 134 156 249 Real estate professional 18 22 18 40 Initiated by BCFSA 2 7 7 10 Referred by real estate board 2 1 - 3 Referred by another regulator 2 - 3 3 Referred from Anonymous Tipline 41 44 38 66 Other 4 12 1 9 Total 175 220 223 380 Type Apr — Jun Jul — Sept Oct — Dec Jan — Mar Anonymous Tips 113 61 80 123 Type Apr — Jun Jul — Sept Oct — Dec Jan — Mar Brokerages Audited 7 7 22 13 *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) 1,025 1,706 2,340 2,545 Rental Property Management Services 111 182 213 204 Strata Management Services 60 84 91 103 Managing Brokers 57 51 83 63 * 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.