For buyers, the work starts before any showing. Financing has to be confirmed, the down payment structure checked against the federal minimum of 5 percent to $500,000 and 10 percent above that, and any first-time programs identified, including the Home Buyers' Plan at $60,000 and the First Home Savings Account at $8,000 a year to a $40,000 lifetime limit. Offers are written with financing and inspection conditions, and a home inspection runs $400 to $600.
For sellers, the work is pricing, preparation and negotiation, and the arithmetic of the net. Seller closing costs generally run 4 to 6 percent of the sale price. Commission in Saskatchewan is negotiable and is agreed in writing before a listing goes live, and every transaction on either side completes through a lawyer regulated by the Law Society of Saskatchewan.
Doing both matters when one deal depends on the other. Possession dates have to be sequenced so you are not carrying two properties or moving twice, and conditions on the purchase have to survive until the sale is firm. With Saskatoon at 1.63 months of supply, that sequence is workable, but only when someone is holding both timelines at the same time.