AUDITS & INVESTIGATION STATISTICS
1987

Each year, the Real Estate Commission receives more than 1,000 consumer complaints against real estate agents and time share projects. Many of these complaints are resolved "in house" by the Commission staff, but some require "field investigations" and/or audits of trust accounts by the Commission's Department of Audits and Investigations.

During Calendar Year 1987, field investigations were performed in connection with 156 cases. Sixty-six resulted in disciplinary action taken against a real estate broker or salesman or time share project, of these 10 disciplinary actions followed hearings and 156 cases.  Sixty-six resulted in disciplinary action taken against a real estate broker or salesman or time share project; of these, 10 disciplinary actions followed hearings and 56 were by consent of the parties and the Commission.  The remaining 90 cases (58% of the total)  resulted in dismissal of charges.

The largest number of investigations were conducted in the coastal and mountain areas of the state, reflecting the large number of conventional and time share transactions involving resort property.

Illustrated below are the number of cases which were being investigated "in the field" on a monthly basis.