PROCESS TO BECOME A LICENSED REAL ESTATE AGENT

 

1. Obtain Phase I:

Real Estate as a Professional Career from the UBC Sauder School of Business located online at www.realestate.ubc.ca/sask
Phase I Cost is $1,499.00

For questions or assistance please contact UBC Sauder Real Estate Division:
Phone: 1(888) 776-7733
Email: saskinfo@realestate.sauder.ubc.ca

Courses include manual, workbook, digital flashcards, practice questions, access to Course Resources website, tutor service by phone and email, and first regularly scheduled exam registration.

2. Obtain Phase II:

Residential Real Estate as a Professional Career – cost is $899.00.

Obtain Phase II – Commercial Real Estate as a Professional Career – cost is $899.00.

Obtain Phase II – Farm Real Estate as a Professional Career – cost is $899.00.

Total Cost for Phase II is $2,697.00

There will be 5 regularly scheduled examinations per year in Saskatoon in February, April, June, September, and December. Note: Picture identification will be required.

All four courses must be completed within 2 years from the date of purchase of Phase I. Costs for subsequent examinations is $250.00.

3. After completing Phase I and Phase II (Residential, Commercial, Farm):

All individuals making an initial application to the Saskatchewan Real Estate Commission must provide the Commission with a Criminal Record Check by fingerprint comparison with their application for registration.

For Criminal Record check pick up form at Police Station. Cost is $45.00 to check database and $30.00 for fingerprinting.

Broker sponsorship is not required to complete Phase I and Phase II education.

4. Upon successfully completing Phase I and Phase II an individual must submit an application for registration to the Saskatchewan Real Estate Commission within 6 months. Broker sponsorship is required.

The Saskatchewan Real Estate Commission is located at:
237 Robin Crescent, Saskatoon
Ph: (306) 374-5233
Website: www.srec.ca

Fees for a new applicant who has never been registered to trade in Real Estate are:

5. New Member Joining Fees are:

Saskatoon Region Association of REALTORS®
$873.30

Association of Saskatchewan REALTORS®
$525.00

Canadian Real Estate Association
$210.00

Saskatoon Region Association of REALTORS® Annual Membership Fees (pays for SRAR, ASR & CREA)
$798.00

NOTE: A provisional membership is granted in the SRAR pending completion of the Board’s “New Member Course” which is held four (4) times per year.

Failing to attend or successfully complete the next available “New Member Course” will result in a no-show fee of $500.00 and may result in a license suspension until the requirement is met. Course duration is 5 days. A $100.00 keypad deposit must also be paid.

6. Total Investment:

$1,499.00 + $899.00 + $899.00 + $899.00 + $45.00 + $30.00 + $355.00
+ $100.00 + $275.00 + $873.30 + $525.00 +$210.00 +$798.00 + $100.00 = $7,507.30.

7. Continuing Professional Development:

This required course must be completed by all registrants from July 1 to June 30, annual fee is subject to change.

8. Note: Annual membership for SRAR is prorated according to start date.

If Real Estate is the career your are seeking, we hope that you will join our team of Executives.

 

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