The impact of sunset review: A study of real estate licensing

This paper focuses on the impact that state sunset review has had on the real estate occupation's ability to restrict entry through the imposition of licensing requirements. The results presented indicate that the 1983 rejection rate for real estate brokers and salespersons was lower in states undergoing sunset review of real estate than in those states not undergoing such a review. Sunset appears to have the power to effect changes in the licensing behavior of the occupation considered in this analysis.