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Real Estate Pre-License Education: A National Call for Reporting Transparency

Author

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  • J. Reid Cummings
  • Kyre D. Lahtinen
  • Kenneth J. Hunsader

Abstract

Using 43,285 results for Alabama real estate license exams administered over 13 years, we explore the relationship between examinees' pass-fail rates and the sources of their pre-license education. The findings reveal professional school graduates fare better than their non-professional school counterparts. This suggests non-professional schools should work to either improve their approach to real estate exam pre-license education, or leave it entirely to those doing so for a living. Our findings provided the basis for the Alabama Real Estate Commission's adoption of multiple policy changes aimed at improving the quality of Alabama real estate pre-license education and the pass-fail rates of future Alabama real estate license examinees. We call on all U.S. licensing authorities to adopt transparent reporting standards for real estate license education, including, at a minimum, public disclosure of pass-fail rates for both license test examinees and pre-license education providers.

Suggested Citation

  • J. Reid Cummings & Kyre D. Lahtinen & Kenneth J. Hunsader, 2018. "Real Estate Pre-License Education: A National Call for Reporting Transparency," Journal of Real Estate Practice and Education, Taylor & Francis Journals, vol. 21(1), pages 77-84, July.
    • Handle: RePEc:taf:rjrpxx:v:21:y:2018:i:1:p:77-84
    DOI: 10.1080/10835547.2018.12091778
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