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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 2022 – March 2023
Overview June 30 Sept 30 Dec 31 Mar 31 Total Real Estate Professionals 28,565 28,958 29,119 29,087 By Category June 30 Sept 30 Dec 31 Mar 31 Real Estate Sales 26671 27050 27177 27090 Rental Property Management 4662 4658 4658 4655 Strata Property Management 1416 1430 1453 1457 Note: Professionals may be licensed for more than one category. By Level June 30 Sept 30 Dec 31 Mar 31 Managing Brokers 1294 1294 1288 1296 Associate Brokers 1390 1387 1386 1375 Representatives 25881 26277 26445 26416 Total 28565 28958 29119 29087 Overview June 30 Sept 30 Dec 31 Mar 31 Licensed Brokerages 1552 1557 1557 1548 Note: Licensed brokerages include branch offices. Enforcement Apr — Jun Jul — Sept Oct — Dec Jan — Mar Consent Orders Issued 3 2 3 1 Disciplinary Hearings Held* 1 1 1 1 Fines & Admin Penalties Issued 4 6 6 3 Fines & Admin Penalties Amounts $68,500 $138,150 $119,750 $146,500 Suspensions Issued 1 1 1 - Letters of Advisement Issued 1 3 2 2 Licence Surrenders - - - - 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 1,214 1,043 1,113 1,548 Consumers 883 772 680 750 Non-identified/Other 110 109 96 121 Total 2,208 1,923 1,889 2,419 By Source Apr — Jun Jul — Sept Oct — Dec Jan — Mar Consumer 181 158 157 146 Real estate professional 34 37 24 30 Initiated by BCFSA 14 21 21 8 Referred by real estate board 2 3 1 - Referred by another regulator - - - - Referred from Anonymous Tipline 51 62 60 75 Other 3 2 1 2 Total 285 283 264 261 Type Apr — Jun Jul — Sept Oct — Dec Jan — Mar Anonymous Tips 51 62 60 75 Type Apr — Jun Jul — Sept Oct — Dec Jan — Mar Brokerages Audited 26 27 24 35 *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) 1,617 1,227 922 1,133 Rental Property Management Services 162 153 125 146 Strata Management Services 55 74 67 93 Managing Brokers 72 63 59 79 * 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 2021/2022
Quarterly Statistics 2020/2021