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

How can Saskatoon homeowners protect themselves?

The single biggest financial risk in a Saskatoon home sale is wire fraud on the proceeds, and the protection is simple: confirm your lawyer's trust account details by phone, using a number you already have on file, before sending any funds tied to the sale.

Your lawyer, typically $800 to $1,500 for a residential file, holds sale proceeds in a trust account and closes the transaction through Information Services Corporation, and any email claiming their banking details changed should be treated as suspicious until verified by a call to the office directly.

Fraudsters time these emails around a possession date, when they know a large transfer is imminent, and a spoofed email address can look identical to the real one at a glance. Never wire funds based on instructions received only by email.

The other real protection is knowing what your home is actually worth before you list it, since an inaccurate asking price is its own kind of financial exposure. Get your hand-reviewed valuation from Joel Dyck.

Get your hand-reviewed valuation from Joel Dyck.

Still have a question?

Ask Joel directly. No form, no obligation, and a real answer even when the answer is that now is not the time to sell.