Total Registrants by Category 3-Year Comparison 60,000 50,000 40,000 30,000 20,000 10,000 0 Salesperson Broker Brokerages Branch Offices Provisional Salesperson 2015 2016 2017 Total Registrant Transactions by Type 3-Year Comparison 2015 2016 2017 Renewals 27,689 29,951 31,986 Transfers 8,983 9,769 9,874 New 6,541 7,675 5,952 Termination 4,524 3,912 3,963 Reinstatement 4,065 3,834 3,627 Revisions 3,875 4,118 3,848 Category Changes 652 742 833 REGISTRATION RECO enforces the standards to obtain and maintain registration as a brokerage, broker or salesperson. RECO’s Registrar determines who is eligible to become registered to trade in real estate in Ontario based on legislated requirements. REGISTRANT GROWTH By the end of 2017, there were more than 80,000 registrants in Ontario, an increase of 4 per cent over the previous year. Registration growth has slowed since the hot real estate market of 2016, when the registrant base grew by a record-breaking 7 per cent. Since 1997, registration numbers have grown by 68 per cent. 85,000 80,000 75,000 70,000 65,000 60,000 55,000 50,000 45,000 40,000 48,897 51,902 82,152 Historic Look at RECO Registrants 20-Year Comparison 1997 2007 2017 18/ RECO 2017 ANNUAL REPORT/BY THE NUMBERS NUMBER OF REGISTRANTS NUMBER OF REGISTRANTS