Blog

Commission Meeting of October 21, 2020

Key reports, issues, and decisions of interest to licensees and/or the public are reported here from the most recent Commission meeting:

Pending Cases: The Commission entered into consent agreements to suspend 6 licenses; closed its case without action against 6 licensees; revoked one license; permanently revoked one license; reprimanded 2 licensees; accepted the voluntary surrender of one license; left one case pending; voted to extend a case involving one licensee; continued the consideration of one licensee and ordered hearings in cases involving 7 licensees.

License Applications Involving Character Issues: License applicants who have character issues such as prior criminal convictions or disciplinary action by another licensing board are separately considered by the Commission. Decisions are made based upon criminal background checks, information supplied by the applicant, and in-person interviews.
Total candidates considered: 28; total approved: 20.

License Examination Results: A summary of key data relating to persons taking the exam for the first time is provided below:


Individuals Tested for the First Time

Took prelicense course

Hold license from another state


September 2020

October 2019 through September 2020


September 2020

October 2019 through September 2020

# Tested

1316

8298

34

212

% Pass both sections

33%

44%

N/A

N/A

% Pass National section

62%

76%

N/A

N/A

% Pass State section

34%

46%

35%

35%

Proposed Rule Text for Annual Rulemaking: The Commission reviewed the text for proposed rules in connection with its annual rulemaking and voted to proceed with publication of the rule text for public comments.

Final Report on Continuing Education (CE) Course Completion: The Commission was advised that 2090 active brokers failed to complete their CE requirements before the end of the extended deadline for the 2019-2020 license year, down from 7035 the month prior. Of those brokers who did not complete their CE on time, only 182 were brokers-in-charge, and only 34 of the brokers-in-charge had affiliated licensees. These numbers are slightly lower than the numbers for the 2018-2019 fiscal year.

General Update and BICUP Courses: The Commission reviewed the list of possible 2021-2022 Update course topics based upon suggestions provided by Commission members, staff, licensees and educators to date. The Commission members were asked to communicate any other ideas for topics so that they can be added to the list for consideration. The Commission will review all proposed topics and prioritize those deemed
most important in the coming months, before making a final selection at the January 2021 meeting.

Report on License Numbers: As of September 1, 2020, there are 111,260 brokers and firms licensed by the Commission, as follows:

Next Commission Meeting: The next Commission meeting will be held at 9:00 a.m., Wednesday, November 18, 2020, via Zoom online video.