I must disagree with certain statements here about lack of regulation and lack of standards of ethics, etc..
It depends on where you are talking about.
The degree of regulation on the industry is usually overseen by State regulators.
For example, I'm in Ohio and was a Real Estate Agent, and Realtor in the mid to late 1990's To in Ohio at that time I had to take and successfully complete 4 courses including Principals and Practices, Law, Finance, and Appraisal.
In Ohio you must be sponsored by a BROKER to be an active Sales Agent.
Also, in Ohio, if you are between Brokers you can PARK your license with the State for upto 2 years (at least that is how long it was back then.)
In Ohio, the regulators that oversee the industry is the Ohio Division of Real Estate.
And they are the ones that administer the Sales and Broker Exams and Licensing throughout the State of Ohio.
Then, once you have passed the Real Estate Sales License Exam, which again, you must be sponsored by a broker to receive a license.
And, once you are licensed you can join the National Association of Realtors to become a Realtor. They have local State Chapters which you also end up joining.
In Ohio it is the Ohio Associatio of Realtors.
Both the State of Ohio Division of Real Estate and the National and Ohio Associations of Realtors have Standards of Ethics and Conduct.
Just because the industry has some bad apples doesn't mean the whole cart or industry is rotten. Most of the people in the business I met and knew then and still do know are highly ethical and highly professional in their business dealings and their personal/business overall conduct.
I'm currently studying CFP at Kaplan University online. http://www.kaplan.edu
My favorite school for courses on Real Estate and Securities - Sales and Brokerage and other financial classes is Hondros Career Centers. This is where I completed my Real Estate training and enjoyed the classes and got a lot out of them.