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

How do I figure out my actual net proceeds?

Net proceeds are your sale price minus the mortgage payoff, real estate commission, legal fees and any adjustments settled at possession, and in Saskatchewan every one of those numbers passes through the lawyer who closes your file, so a real net figure exists only once your file is open with them.

Legal fees for a typical Saskatoon sale run $800 to $1,500, and the Law Society of Saskatchewan requires that lawyer's trust ledger to be the document that shows your true payout, since it includes items an online calculator never sees: mortgage discharge fees, property tax adjustments for the portion of the year you still owned the home, and any condo or utility holdbacks.

Commission is negotiable in Saskatchewan and is settled in writing before your home ever goes on the market, so it should already be a known number rather than an estimate by the time you reach possession day.

Joel Dyck walks sellers through a real net-proceeds estimate before listing, not after an offer, so there are no surprises at the lawyer's office. Get your hand-reviewed valuation from Joel Dyck.

Get your hand-reviewed valuation from Joel Dyck.

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