When unlicensed/unregistered people carry out activities requiring a licence/registration, consumers are at risk. Licensees/registrants representing you in the sale or purchase of a home require a specific licence/registration.
The benefits of working with a licensee/registrant:
1. Knowledge and Ongoing Education: All licensees/registrants complete comprehensive pre-licensing education, along with ongoing mandatory professional development to ensure current industry knowledge.
2. Assurance Fund: This fund protects the consumers for a deficiency in money held in trust by a brokerage on behalf of a person in connection with a trade in real estate. The fund is supported by licensed/registered industry member contributions.
3. Complaints and Discipline: Licensees/registrants follow a standard of practice specified by real estate legislation.
Homeowners selling their own real estate do not require a licence/registration.
The Saskatchewan Real Estate Commission recommends that you confirm the licence/registration status of the real estate representative online. If they have a licence history, an explanatory legend and current licence status is displayed. If you see the message “no records match”, it’s time to start asking questions. There may be a simple explanation (i.e. the spelling of the name you entered was not accurate, etc.). You can ask to see their Certificate of Registration, speak to their broker or call the Saskatchewan Real Estate Commission directly.