The educational model for becoming a real estate agent in the province of Saskatchewan is updated from time-to-time and was most recently updated in 2024. These are the requirements that were brought into effect at that time.
All requirements and prices are valid at the time this page was updated (8-8-2024) and are subject to change, without notice, at the discretion of the organizations and associations responsible.
Provincial legislation in Saskatchewan states that anyone wishing to represent members of the public in a real estate trade in Saskatchewan must be registered with the Saskatchewan Real Estate Commission (SREC), an independent, non-government agency, responsible for regulating the real estate industry in Saskatchewan. SREC sets forth the qualifications for registration (licensing).
Prospective registrants must complete a home study course titled Real Estate as a Professional Career, which is offered by the UBC Sauder School of Business (UBC Sauder).
Once a student has completed Real Estate as a Professional Career they must complete at least one of the following Phase 2 courses. When they have successfully completed one of them, they may apply to be licensed to trade within the chosen discipline (Residential, Commercial, Farm or Property Management.
All four courses are offered by UBC Sauder on a home-study basis.
Within two years of registering for the Phase 1 Real Estate as a Professional Career course, a student must complete Phase 1 and one of the Phase 2 courses to qualify for licensing. Before the conclusion of the two-year period, they must have presented themselves for an examination on each course and have obtained a mark of at least 70%.
IMPORTANT NOTE: Aside from a grade 12 education, or equivalent, there are no other "pre-requites" for registration for Real Estate as a Professional Career, however, prospective real estate registrants should be aware that they must prove proficiency in English before they can obtain a real estate license. Information on how that's accomplished can be found here. Students will also be required to provide a criminal record check before registration. Potential students with a criminal history should speak with a representative of the Saskatchewan Real Estate Commission (SREC) before picking up the course. There are practitioners in the business who have a criminal record, but the SREC will need to be satisfied that a potential licensee is rehabilitated and does not pose a risk to the community.
Once a person completes the mandatory courses they qualify to apply for registration to trade in real estate (licensing) within the province of Saskatchewan. An application for registration as a licensed salesperson, signed by an employing broker, must be made to the SREC within two years of completing Phase one and at least one Phase two course.
Becoming a REALTOR®
The majority of the real estate companies in Saskatchewan, particularly those located in the urban areas are REALTORS®, and all of the salespeople that they employ must also be REALTORS®.
In addition to expanding the potential opportunities that might exist for a real estate registrant, choosing to practice as a REALTOR® also provides access to the Multiple Listing Service® (MLS®), a sophisticated system for sharing property information and commissions with other REALTOR® members. In a nutshell, the MLS® provides agents with easy access to a large inventory of homes for sale, and access to a large number of salespeople for the homes an agent may have listed for sale. Agents use this system to cooperate with each other for the aforementioned benefits and typically share commissions when they successfully bring a buyer and seller together to complete a real estate transaction.
Becoming a REALTOR® requires a registrant to become a member of the Saskatchewan REALTORS Association®, and the Canadian Real Estate Association (CREA). Members must commit to conduct their business in accordance with the rules and regulations of each organization, and the Code of Ethics of the CREA. Here are the costs associated with becoming a member of these organizations.
That’s a brief overview of what it takes to become a real estate agent in Saskatchewan and to become a REALTOR® in Saskatoon.
If you have questions or are interested in exploring a career in Saskatoon real estate I’d be happy to hear from you. My contact information is here.
Please note that the estimated costs outlined above were valid at the date of publication and are subject to change, without notice, at the discretion of the billing organizations.
Norm Fisher
Royal LePage Saskatoon Real Estate