Importance of SREC Annual Renewal
- Chandra
- 3 days ago
- 2 min read
After completing your Continuing Professional Development course (CPD), you will receive an email stating that you are now eligible to your renew your annual license.
If you fail to renew your license by 11:59 p.m. on June 30, you will no longer be able to log into your SREC portal and re-registration will have to be completed by the brokerage.
This is not something to take lightly. The Commission may issue a warning for a first offence or, if they find evidence that you were trading while not registered, there may fines issued as well.
The following is a template email they have sent out in regards to late renewals.
Good Afternoon,
Pursuant to Commission Bylaw 315, unless suspended or cancelled earlier, every certificate of registration expires at midnight on June 30 next following the date of issuance.
As such, your certificate of registration expired at midnight on June 30, 2025. Since your certificate of registration had not been renewed prior to this point, you ceased to be registered with the Saskatchewan Real Estate Commission to trade in real estate in Saskatchewan on June 30, 2025.
According to our records, you have not renewed your registration, nor have you been in contact with Commission staff to advise that you are leaving the industry or taking a leave of absence.
This means that any trades in real estate that you did between July 1 to current date, and constitutes a breach of s. 18 of The Real Estate Act. Clause 2(bb) of the Act defines a “trade” in real estate as:
(i) a disposition of, an acquisition of or a transaction in real estate by sale, purchase, exchange, option, lease or otherwise;
(ii) an offering, advertising, listing or showing of real estate for sale, purchase, exchange, option, lease or otherwise;
(iii) an offer to purchase;
(iv) property management;
(v) the solicitation, negotiation or obtaining of a contract, agreement or any other arrangements to advertise real estate for sale, exchange, option, lease or other disposition of the real estate, either directly or indirectly, through any medium of advertising;
(vi) holding oneself out as trading in real estate;
(vii) any conduct, act or negotiation, in the furtherance or attempted furtherance of any one or more of the things mentioned in this clause.
As such, any marketing of properties or negotiation of offers you took part in between July 1 and the day before your registration is renewed constitutes unregistered trading, as would any social media profiles that include your listings or identify you as a registrant, such as a professional Facebook profiles or Instagram accounts, that were not taken down while you were unregistered.
A review undertaken by Commission staff found evidence of ongoing trading on your part while you were not registered:
The Commission has elected not to pursue disciplinary charges against you at this time. That said, continued failures to renew your certificate of registration on time may result in a change in our position.
To renew your license prior to June 30:
Log into srec.ca using your registrant login (starts with RW-).
Below your personal information, is your registration information. If you have not renewed, the Circle will be yellow and you will see Renew License under Options.
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