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

Should I use the sponsor sales agent or my own agent for a new Varsity View condo?

Saskatchewan has no such thing as a sponsor sales agent; that title belongs to a different country's new-development sales process. In a new Varsity View condo the person at the presentation centre is simply the builder's sales representative, and the Saskatchewan Real Estate Commission requires that representative to disclose upfront that they represent the builder, not you.

Bringing your own buyer's agent alongside that representative is strongly advisable rather than required. The builder's representative does their job well by selling at the builder's best price and terms, which is a different job from protecting your interests on deposit timing, included features and occupancy delays.

Your own agent reviews the purchase agreement and the Saskatchewan New Home Warranty coverage before you sign, then works alongside a lawyer, typically $800 to $1,500, who handles the title search and closing through Information Services Corporation.

Bringing your own agent to a new Varsity View condo purchase generally costs you nothing extra, since that cost is built into how the sale is structured between the builder and the brokerage. Get your hand-reviewed valuation from Joel Dyck.

Get your hand-reviewed valuation from Joel Dyck.

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