What to Expect When You’re Expecting Offers

A Saskatoon Seller’s Guide to Navigating Offers with Confidence

So, your home is on the market. You’ve cleaned every corner, staged the space, and worked with your real estate professional to price it right. The listing is live and showings are steady. Now what?
If you’re nearing the exciting phase of receiving offers on your Saskatoon home, it’s important to understand what comes next—and how to be ready for every possibility.

1. Expect Multiple Offer Scenarios in Hot Markets

The Saskatoon market has seen tightening inventory in many neighborhoods like Evergreen, Stonebridge, and Rosewood. If your home is well-presented and priced competitively, it’s not unusual to receive more than one offer—especially in sought-after areas or entry-level price ranges.
Be prepared: your REALTOR® will walk you through strategies for handling multiple offers, including timelines, potential escalation clauses, and even “no-conditions” bids.

2. Reviewing the Offer Details

Not all offers are created equal. Beyond the offered price, here are key components your agent will help you analyze:

• Deposit amount (more can mean stronger intent)
• Conditions (financing, home inspection, or sale of another property)
• Possession date (flexibility matters!)
• Inclusions/exclusions (appliances, window coverings, sheds, etc.)
• Buyer financing (is it pre-approved or conditional?)

3. Condition Periods and What They Mean

In Saskatchewan, it’s common for offers to come with conditions, often:

• Financing condition: allows the buyer to confirm mortgage approval
• Home inspection: gives the buyer a chance to assess the property’s condition
• Sale of buyer’s home: more common in balanced markets

Your agent will ensure these timelines are clear, usually ranging from 5 to 10 business days. Once conditions are met, the offer becomes firm—that’s when the real celebrating can begin.

4. Counteroffers Are Normal

Not happy with the initial offer? That’s okay. Counteroffers are part of the negotiation process. Whether it’s price, possession, or terms, your agent will help craft a professional response that keeps the momentum going while protecting your interests.

5. What Happens When You Accept?

Once you accept an offer—either as-is or after a counteroffer—you’ll enter into a binding agreement pending any conditions. You’ll want to:

• Avoid further showings (unless directed otherwise)
• Prepare for appraisals or inspections
• Begin planning your move!

6. Firm Sale: Now What?

When all conditions are waived or satisfied, the deal is firm. Congratulations! Your agent will update the MLS status, and your lawyer will begin preparing for closing. Your possession day will be set in stone—typically around 30–60 days after acceptance, unless negotiated otherwise.

Final Thoughts

Selling a home is a big milestone, and receiving that first offer is often one of the most exciting (and nerve-wracking) moments. With a skilled Saskatoon REALTOR® by your side, you’ll be well-prepared to navigate every offer, counter, and condition with confidence.

If you’re thinking about selling, or already have your home on the market, let’s talk about what to expect—and how to make the most of your sale.