Study alleges: "Realtors ‘Clean House’ by Stifling the Competition": Newsroom: The Independent Institute

More than a decade ago the Massachusetts Association of Realtors succeeded in getting the state to increase real estate license renewal requirements. They rallied behind the importance of adding a continuing education requirement for agents in the industry, claiming that these courses would increase the quality of service to Massachusetts homebuyers.

Unfortunately, a new Beacon Hill Institute policy study that we co-authored found that their quality of service never increased but that instead the industry enriched itself through the regulations.

Read the whole article: Realtors ‘Clean House’ by Stifling the Competition: Newsroom: The Independent Institute.