Becoming Licensed to Sell Real Estate in Saskatchewan

Everyone entering a real estate career moves through various stages that can ultimately lead to Broker status.

New salespeople must successfully complete the Real Estate as a Professional Career course and a minimum of one of the following specialty licensing courses:

• Residential Real Estate as a Professional Career
• Commercial Real Estate as a Professional Career
• Property Management as a Professional Career, and
• Farm Real Estate as a Professional Career

and meet regulatory requirements in order to be registered by the Commission as a salesperson and be employed by a real estate brokerage. These courses, as a form of consumer protection, represent a concerted effort of both government and the profession to ensure that real estate salespersons enter the field with an acceptable level of industry knowledge and technical competence.

The initial pre-licensing course is the Real Estate as a Professional Career course. This is a home study course that must be completed within 12 months from the purchase of the course. An individual then has one year to successfully complete one of the four specialty courses.

Upon successful completion of the educational qualifications for registration as a salesperson, the student may pursue salesperson status by seeking registration with the Saskatchewan Real Estate Commission. An application for registration as a licensed salesperson, signed by the employing broker, must be made to the Commission within two years of successfully completing the chosen specialty licensing course. The registrant's certificate of registration will be restricted to conducting trades in real estate for the specialty area of real estate for which the appropriate course(s) have been completed.

In addition, within each one-year registration renewal period, all registrants are required to complete mandatory continuing education called the Continuing Professional Development (CPD) Program approved by the Commission and provided by the ASR.

Real Estate Update is the required program for Continuing Professional Development for all registrants in each one-year renewal period. Real Estate Update provides a concise and timely overview of legal and legislative issues, pertinent compliance issues, as well as other issues that impact consumers and registrants.

Prerequisite

Grade 12 or Saskatchewan Real Estate Commission (SREC) approved Equivalency Submission Information.

To successfully complete Phase 1, Real Estate as a Professional Career students must pass the examination with marks of not less than 70% and submit proof of a high school diploma in Canada, or a SREC approved equivalency to the Association of Saskatchewan REALTORS�. The ASR will accept one of the following as proof that you have met the prerequisite requirement:

An official transcript, indicating completion of high school, sent directly to the ASR from the Saskatchewan Department of Learning or from another Canadian provincial department of education or to request a Saskatchewan Real Estate Commission (SREC) approved equivalency contact ...

Saskatchewan Real Estate Commission
237 Robin Crescent
Saskatoon, Saskatchewan
S7L 6M8

Phone 1-306-374-5233
Toll Free 1-877-700-5233
Fax 1-306-373-2295

SREC website: www.srec.ca

• 1. You may register in Phase 1, Real Estate as a Professional Career with the understanding that you will have one of the documents outlined above sent directly to the ASR from the applicable department of education or the SREC.
• 2. If you completed high school in Saskatchewan, contact Saskatchewan Learning for an official transcript form at www.sasked.gov.sk.ca/student_records/trnscrpt.html or at ( 306) 787-6012 and request that the transcript be sent directly from Saskatchewan Learning to:

Education Department
Association of Saskatchewan REALTORS�
2811 Estey Dr.
Saskatoon, SK S7J 2V8

Real Estate as a Professional Career

(Home study - Pass mark 70%)

Designed for the prospective salesperson, the material covered in this course is very practical in nature. You will learn the basics of property evaluation, mortgage financing, building construction, property registry, contract and agency law, The Real Estate Act, The Real Estate Regulations, Commission Bylaws, CREA Code of Ethics, and mandatory and standard forms.

Enrollment period:- one year.

Residential Real Estate as a Professional Career

(Home study - Pass mark 70%)

Designed for participants embarking on a career in residential real estate, this course provides the practical knowledge and expertise necessary to be successful. Material covered includes an overview of residential real estate, evaluating property, representing the seller, representing the buyer, the contract of purchase and sale and other applicable forms plus mortgage underwriting.

Enrollment period:- one year.

Commercial Real Estate as a Professional Career

(Home study - Pass mark 70%)

Designed as a competency-based course for commercial practitioners, this course recognizes the unique requirements of commercial clients and customers in a sophisticated marketplace. The focus is on commercial skills and knowledge with particular regard to acceptable standards and levels of consumer protection expected of salespeople entering this field. Material covered includes an overview of commercial real estate, professional conduct, seller/landlord representation, buyer/tenant representation, retail and office leasing, sale of a business, industrial real estate, investment real estate, the offer to purchase and other applicable forms.
Enrollment period:- one year.

Property Management as a Professional Career

(Home study - Pass mark 70%)

Designed as a competency-based course for property managers, this course recognizes the unique requirements of property managers, tenants and landlords in an increasingly sophisticated marketplace and focuses in on property management skills and knowledge. Material covered includes an overview of property management, the law and property management, leases and tenancy agreements, property management accounting, management and administrative procedures, physical and operational property management professional conduct and the property management plan.
Enrollment period:- one year.

Farm as a Professional Career

(Home study - Pass mark 70%)

Designed for participants planning to specialize in the sale of farm properties, this course provides the product knowledge and expertise necessary to be successful. Material covered includes an overview of farm real estate, soils, crop and livestock production, utilities and services, listing/selling of farm properties including applicable forms, plus the environment and associated risks.
Enrollment period:- one year.

Real Estate Practice in Saskatchewan

(Home study - Pass mark 70%)

You may qualify to take the Real Estate Practice in Saskatchewan course.

If you are currently licensed in another jurisdiction and wish to become registered in Saskatchewan, contact the Saskatchewan Real Estate Commission. Qualified applicants (through reciprocity of licensing education) will be eligible to take our Real Estate Practice in Saskatchewan courses specific to residential, commercial, property management or farm real estate. You will learn The Real Estate Act, appropriate legislation, property registry, representation of the buyer and seller, as well as mandatory and standard forms used in Saskatchewan.

Enrollment period:- one year.

Real Estate Office Management and Brokerage

(Home study - Pass mark 70%)

Designed for the prospective broker and branch manager, this course addresses managerial implications including building a business plan, marketing, bookkeeping, financial statements, budgeting, personnel, operations manuals, employment contracts, human resources, training programs and the Competition Act. Material covered also includes The Real Estate Act (plus its interpretations and exemptions). The Real Estate Regulations and Commission Bylaws. In addition, the history, structure and mandate of the Saskatchewan Real Estate Commission and how it impacts on the trade of real estate is closely examined.
Enrollment period:- one year.

Association of Saskatchewan REALTORS
2811 Estey Dr.
Saskatoon, Saskatchewan
S7J 2V8

We are open 8:30 a.m. - 4:30 p.m., Monday to Friday. We are closed for all statutory holidays
Phone: (306) 373-3350 for all staff members
Toll Free: 1-877-306-7732
Fax: (306) 373-5377

Email: info@saskatchewanrealestate.com