In Saskatchewan, the real estate scene is lively and full of opportunities for aspiring agents. This guide simplifies the journey, helping you understand the essential steps and costs involved in getting your real estate license. Whether it's the excellent education at the UBC Sauder School of Business or the ins and outs of choosing a broker, completing registrations, and joining associations, we're here to make it all clear. This guide is your go-to resource for making well-informed decisions that will set you on a path to a successful and rewarding career. Let's embark on this adventure together, uncovering the steps that lead to unlocking opportunities in Saskatchewan's thriving real estate market. 🏡

Step 1: Obtain Phase I - Real Estate as a Professional Career

Your journey begins with Phase I – "Real Estate as a Professional Career" offered by the UBC Sauder School of Business. Priced at $2,099.00, this comprehensive online course provides the foundation you need to kickstart your real estate education. The package includes a manual, workbook, digital flashcards, practice questions, and access to the Course Resources website. You'll also benefit from tutor services via phone and email, ensuring you have the support needed for success.

For inquiries and assistance, contact UBC Sauder Real Estate Division at:

Phone: 1(888) 776-7733

Email: [email protected]

Step 2: Obtain Phase II - Residential Real Estate as a Professional Career

After successfully completing Phase I, it's time to delve into Phase II – "Residential Real Estate as a Professional Career." Priced at $1,199.00, this course is a crucial step towards your real estate license. Remember, Phase 1 must be completed before registering for any Phase 2 courses. Regularly scheduled exams are held throughout the year in Saskatoon, Regina, and Melfort.

Step 3: Criminal Record Check

Once you've conquered both phases, it's time for the practicalities. All applicants must provide the Saskatchewan Real Estate Commission with a Criminal Record Check by fingerprint comparison. 

Visit your local police station to pick up the required form, with a total cost of $75.00 ($45.00 for database check and $30.00 for fingerprinting).

Step 4: Application Process and Fees

To officially become a real estate agent, you'll need to submit an application to the Saskatchewan Real Estate Commission. Here's a breakdown of the associated fees:

Saskatchewan REALTORS® Association (SRA) Joining Fee: $900.00

Canadian Real Estate Association (CREA) Join Fee: $200.00

SRA Annual Membership Fees (prorated): Approximately $2023.05 - $1385.18

Provincial registration with the SRA not only aligns you with industry standards but also includes membership with the Canadian Real Estate Association (CREA). Be aware of the initial costs and annual dues to stay active in the association.

Step 5: Continuing Professional Development

Your journey doesn't end with obtaining a license; it continues with ongoing professional development. An online course, available annually from Jan 1 to May 31, will keep you abreast of industry trends and practices. The annual fee is subject to change, averaging around $325.00.

Approximate Cost to Begin (excluding brokerage fees, SRA monthly fees, and other costs) - $5,951.05

As we conclude this comprehensive guide, envision the closing of one chapter and the exciting opening of another in your journey through Saskatchewan's real estate landscape. Armed with knowledge from top-notch education, you're prepared to navigate the complexities of broker selection, registrations, and association memberships. The approximate costs outlined serve as a compass, guiding you through the initial financial commitments required for a successful start in this dynamic field. 

 The Saskatchewan Real Estate Commission is here to guide you through every step of the way. 

Visit www.srec.ca for additional resources, and feel free to reach out to them directly at 237 Robin Crescent, Saskatoon, Ph: (306) 374-5233.

Invest in your future. Remember, each challenge is an opportunity, and every transaction is a stepping stone towards building your legacy in Saskatchewan's ever-evolving real estate market. Best of luck on your exciting journey! 🏡✨