Joel DyckReal Broker SK Ltd.
Saskatoon · From the topic map

Can offering post-closing possession help my Saskatoon house sell faster?

It can help in a specific situation more than a general one. Offering the seller a short rent-back after the possession date, where the seller stays for an agreed period paying rent to the new owner, mainly appeals to investor buyers who do not need to move in immediately, not to the broader buyer pool.

For an owner-occupier buyer, an early possession date is usually more attractive than a delayed one, since most are trying to move on a schedule of their own, so a rent-back can actually narrow your buyer pool rather than widen it in a market the Saskatchewan REALTORS Association puts at 1.63 months of supply.

Where it works well is when you need to sell now but are not ready to move, commonly a downsizer waiting on a next home, and an investor buyer is willing to accept a delayed possession in exchange for a firm deal today.

Whether this helps depends entirely on who your likely buyer is, which is worth confirming before building it into your offer strategy. Get your hand-reviewed valuation from Joel Dyck.

Get your hand-reviewed valuation from Joel Dyck.

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