Consumers Using the Services of a Real Estate Agent or Property Manager
What is the Purpose of The Real Estate Act?
The Real Estate Act provides the legislative framework for the regulation of real estate salespersons and brokerages. It also regulates trading in real estate, such as the purchase, sale, exchange, option or lease of real estate, time-share plans, and property management agreements.
The Superintendent of Real Estate is responsible for the general administration of the Act and works with the Saskatchewan Real Estate Commission to regulate the real estate industry. The Superintendent carries out this role by approving all SREC bylaws and hearing appeals from SREC disciplinary decisions.
The Saskatchewan Real Estate Commission administers the licensing, education and disciplinary functions governing the real estate industry in this province. All brokerages, brokers, branch managers and salespersons must be registered with the Saskatchewan Real Estate Commission.