In 2011, the State of Illinois increased the training hours of a real estate license. This rule applies to both new applicants and existing real estate agents. We find that the law causes a 17% decrease in real estate employment, mainly driven by a one-time exit of existing badly-behaved agents. However, the change in the profile of workers – lower quality workers leaving the sector – does not bring about a significant reduction in the number of disciplinary cases. To guard consumer welfare, this report suggests that imposing minimum entry standard only does a part of the job. Complementary policies are needed to ensure the final experience of home buyers/sellers. Some alternatives include continuous training on the code of ethics and customer complaint system.