Record number of real estate licenses were revoked for cause in 2009 by the California State Department of Real Estate, the state department that issues licenses to real estate professionals.
All told, over 775 licensees had their license revoked or simply surrendered their licenses while facing accusations.Over the past two fiscal years, the DRE averaged 446 license revocations and 59 license surrenders. In 2009, license revocations jumped over 50 percent, to 672, while license surrenders jumped nearly 80 percent to 105.