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

Who can help me understand my Saskatoon closing costs?

A lawyer handles the actual closing, since every Saskatchewan sale closes through a lawyer regulated by the Law Society of Saskatchewan, and a REALTOR® can walk you through the number before you sign anything. Seller closing costs in Saskatoon generally run 4 to 6 percent of the sale price.

Legal fees are the piece most sellers underestimate, typically $800 to $1,500 depending on whether there is a mortgage discharge, a survey issue or an estate involved. Title itself moves through Information Services Corporation, and the buyer, not the seller, covers the ISC transfer fee under Saskatchewan practice.

Commission is negotiated at the listing stage, not set by law, and the standard practice has the seller paying both the listing side and the buyer's side out of proceeds. Property taxes get prorated at closing too, so a seller who prepaid for the year gets a credit rather than losing that money.

Joel Dyck provides a net sheet before you list, laying out commission, legal fees and adjustments against your expected sale price so the number you see is what you actually walk away with. Get your hand-reviewed valuation from Joel Dyck.

Get your hand-reviewed valuation from Joel Dyck.

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