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Statistics
Number of Licensees (as at 30/6/2006)
| |
Individual Licence |
Estate Agent's (Company) Licences |
| Estate Agents |
Salespersons |
| 9,519 |
12,319 |
1,251 |
| Total |
21,838 |
1,251 |
Number of Statements of Particulars of Business (SPOB) issued to shops (as at 30/6/2006)
| |
SPOBs |
Sole Proprietorships |
| Limited Companies |
Partnerships |
| 2,341 |
254 |
1,217 |
| Total |
3,812 |
Complaints and Bankruptcy Cases (1/1/2006-30/6/2006)
| Complaint cases received |
Bankruptcy cases received |
| 400 |
42 |
| Results of completed cases* |
No. of cases |
% |
| Substantiated |
77 |
25 |
| Unsubstantiated |
84 |
28 |
| Insufficient information to pursue |
49 |
16 |
| Others (e.g. resolved through mediation or the complainant withdrew the complaint) |
93 |
31 |
| Total |
303 |
100 |
| * some cases were carried over from previous years |
| From January to June 2006, EAA completed 83 bankruptcy cases. |
Compliance Inspections (1/1/2006-30/6/2006)
| Number of compliance inspections at first-sale sites |
292 |
| Number of compliance inspections at agency shops |
282 |
| Total |
574 |
| Number of substantiated non-compliance cases |
9* |
| * some cases were carried over from the previous year |
| Actions taken during first-sale inspections |
| Verbal advices |
746 |
|
Advisory letters
|
81 |
Disciplinary Actions (1/1/2006-30/6/2006)
| Number of licences suspended |
Number of licences revoked |
| 37* |
1 |
| * include six bankruptcy cases |
Examinations (1/1/2006 - 30/6/2006)
| Examinations |
No. of Candidates |
Pass rate |
| Estate Agents Qualifying Examination (EAQE)* |
1,005 |
18.5% |
| Salespersons Qualifying Examination (SQE)** |
2,179 |
77.4% |
* In the first six months of 2006, an EAQE was held on 23 March.
** In the first six months of 2006, a paper-based SQE was held on 23 March and computerised SQEs were held from 1/1/2006 to 22/3/2006. The last computerised SQE was held on 22 March 2006. Thereafter, the computerised SQE was abolished. All qualifying examinations are now in a paper-based format. |
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