Saskatchewan Real Estate Salesperson Exam study plan
Saskatchewan Real Estate Salesperson Exam · Give each week a clear focus.
8 weeks · About 6 hours per week
Real Estate as a Professional Career & Real Estate Act, Regulations and Bylaws
Map the Saskatchewan Real Estate Act and Regulations structure, listing the sections that govern licensing, trust accounts, and discipline
Define the roles of the Saskatchewan Real Estate Commission and the Superintendent of Real Estate, noting which body handles complaints versus licensing decisions
Build a glossary of 30 core terms from Domain 1 (agency, fiduciary duty, commission, brokerage, associate) with one-line definitions in your own words
Draft a one-page flowchart showing the path from licence application to registration renewal
Your checkpoint
A 2-page reference sheet combining the Act structure map, regulator roles table, and 30-term glossary
Real Estate Act, Regulations and Bylaws
Summarize each bylaw category (licensing, conduct, trust, advertising) into a table with the penalty or consequence for breach
Explain the difference between a bylaw violation and a breach of the Act, citing at least three examples
Describe the complaint and discipline process step by step, from complaint intake to hearing outcome
Identify which conduct triggers mandatory reporting obligations
Your checkpoint
A completed bylaw-to-penalty table with at least 15 entries and a written 300-word walkthrough of the discipline process
Real Estate as a Professional Career & Real Estate Act, Regulations and Bylaws
Compare the duties owed to a client versus a customer under Saskatchewan agency rules
Explain dual agency restrictions and how to document disclosure and consent
Practice applying fiduciary duties (loyalty, disclosure, confidentiality, accounting) to three short scenario descriptions
Write out the steps for handling a conflict of interest when a salesperson wants to buy a listed property
Your checkpoint
Three written scenario answers (200 words each) applying agency and fiduciary rules, plus a disclosure checklist
Registration, Licensing and Regulatory Compliance
List every registration and licensing requirement for salespersons, associate brokers, and brokerages, including education and criminal record check steps
Describe continuing education obligations and the consequences of letting a licence lapse
Explain licence suspension, cancellation, and reinstatement procedures
Draft a timeline of a first-year licensee's compliance obligations (renewal dates, CE deadlines, notification duties)
Your checkpoint
A one-page compliance calendar and a 15-question self-quiz on licensing requirements, scored and corrected
Registration, Licensing and Regulatory Compliance & Real Estate Practice, Trust Accounts and Professional Conduct
Explain the rules for handling deposits, including when funds must be placed in a trust account
Describe record-keeping requirements for trust transactions and the reconciliation process
Identify prohibited trust account practices such as commingling and unauthorized withdrawals
Work through three deposit-and-disbursement scenarios and calculate the correct trust balances
Your checkpoint
Three solved trust accounting scenarios with worked calculations and a one-page list of trust account do's and don'ts
Real Estate Practice, Trust Accounts and Professional Conduct
Outline the steps of a residential transaction from listing agreement to completion, noting where disclosure and documentation are required
Explain advertising and marketing rules, including identification of brokerage name and restrictions on misleading claims
Describe the handling of multiple offers and the obligation to follow the seller's written instructions
Summarize privacy obligations for handling client personal information
Your checkpoint
A transaction timeline annotated with the compliance obligation at each stage, plus a 10-point advertising compliance checklist
Real Estate as a Professional Career & Registration, Licensing and Regulatory Compliance & Real Estate Practice, Trust Accounts and Professional Conduct
Review all prior weeks' notes and consolidate weak areas into a prioritized list of 10 topics
Complete a full-length timed practice set covering all four domains and record your score by domain
Re-teach the two weakest topics aloud or in writing as if explaining to a new licensee
Memorize key numeric and procedural facts (renewal cycles, CE hours, trust timelines) using flashcards
Your checkpoint
A scored practice set with a domain-by-domain breakdown and a written remediation plan for the two weakest areas
Real Estate Act, Regulations and Bylaws & Registration, Licensing and Regulatory Compliance & Real Estate Practice, Trust Accounts and Professional Conduct
Re-test the two weakest domains from week 7 and confirm improvement
Practice 40 scenario-based questions emphasizing ethics, discipline, and trust handling
Write a one-page summary of the most commonly tested rules in each domain
Simulate exam conditions with a final timed run and review every missed question
Your checkpoint
A final timed practice run with a score report and a one-page master summary sheet of key rules
Milestones
Week 2: Can explain the Act-versus-bylaw distinction and recite the discipline process from memory without notes
Week 4: Scores at least 75% on the licensing self-quiz and can list all renewal and CE obligations from memory
Week 6: Correctly solves all three trust accounting scenarios and can walk through a full transaction timeline citing the compliance step at each stage
Week 8: Scores at least 80% overall on the final timed practice run with no domain below 70%