A study by the Beacon Hill Institute at Suffolk University claims that the introduction of continuing education requirements for Massachusetts real estate licensees more than 10 years ago resulted in a 58 per cent reduction in the number of real estate agents and has failed to improve the quality of service. In 1999, the state legislature approved a requirement that real estate agents must complete 12 hours of continuing education classes every two years to be eligible for license renewal. Those failing to meet this requirement are placed on in-active lists and may only make referrals to licensed agents.
Press Release (PDF)
Executive Summary (PDF)
Complete Study (PDF)
