Saskatoon Real Estate Services Inc. - Comprehensive Analysis Report
Summary
Saskatoon Real Estate Services Inc. (SRES.ca) is a well-established property management company operating in Saskatoon, Canada, with over 25 years of industry experience. The company's core mission is to professionally manage owner investments and deliver safe, clean, and quiet rental experiences for Saskatoon residents. They are a significant local provider of comprehensive property management services, including residential, condominium, and commercial property management, as well as residential sales and commercial leasing. SRES.ca positions itself as a central resource for property owners, handling day-to-day operational duties and ensuring tenant satisfaction.
1. Strategic Focus & Objectives
Core Objectives
Saskatoon Real Estate Services Inc. focuses on several key business objectives:
- Owner Investment Management: Diligently looking after and maximizing the value of owner investments.
- Tenant Satisfaction: Ensuring tenants experience safe, clean, and quiet living environments.
- Comprehensive Service Delivery: Acting as a one-stop-shop for property owners by managing essential daily duties.
- Efficient Operations: Handling tasks such as rent collection, maintenance scheduling, property cleanup, and tenant move-in/move-out procedures.
- Condominium Corporation Support: Managing monthly bills, financial statements, fee collection, fine administration, and common area maintenance for condominium corporations.
- Issue Resolution: Serving as the initial point of contact for owner complaints, escalating complex issues to appropriate decision-makers.
Specialization Areas
The company's key areas of expertise include:
- Residential Property Management: Managing individual residential units and properties.
- Condominium Management: Overseeing the administrative and operational aspects of condominium corporations.
- Commercial Leasing: Facilitating the leasing of commercial spaces.
- Residential Sales: Assisting clients with the buying and selling of residential properties.
- Full-Service Property Operations: Providing complete management of rental properties from tenant placement to maintenance.
Target Markets
Saskatoon Real Estate Services Inc. primarily targets:
- Property Owners: Individuals and entities seeking professional management for their residential, condominium, or commercial real estate investments.
- Condominium Corporations: Boards requiring administrative, financial, and maintenance management for their common property.
- Residential Buyers and Sellers: Individuals looking to transact residential real estate in the Saskatoon market.
- Commercial Tenants: Businesses seeking commercial spaces for lease.
- Saskatoon Residents: Individuals and families seeking professionally managed rental properties.
3. Key Products/Services
Saskatoon Real Estate Services Inc. offers a comprehensive suite of services tailored to the Saskatoon real estate market, covering various property types and client needs.
- Residential Property Management:
- Description: Full-service management for residential rental properties, encompassing all aspects from tenant acquisition to property maintenance.
- Key Features and Benefits: Rent collection, maintenance scheduling, property cleanup, tenant move-in/move-out procedures, ensuring owner investments are well-maintained and tenants are satisfied.
- Condominium Management:
- Description: Specialized management services for condominium corporations, dealing with administrative, financial, and operational tasks.
- Key Features and Benefits: Handling monthly bills, preparing financial statements, collecting fees, administering fines, maintaining common areas, and serving as the first line of defense for owner complaints, providing professional governance support.
- Commercial Leasing:
- Description: Facilitating the leasing process for commercial properties, connecting businesses with suitable spaces.
- Key Features and Benefits: Expertise in the commercial market, assisting both property owners and businesses in securing leasing agreements.
- Residential Sales:
- Description: Providing real estate sales services for individuals looking to buy or sell residential properties.
- Key Features and Benefits: Professional guidance through the sales process with knowledgeable REALTORS®.
5. Leadership & Management
Executive Team
Saskatoon Real Estate Services Inc. is led by a team of experienced professionals in various aspects of real estate and property management:
- Don Sylvester: Associate Broker/Sales and Leasing. Possesses extensive experience in real estate sales and leasing.
- Trevor Miller: REALTOR®/Property Management, Residential Real Estate Sales. Focuses on property management and residential real estate transactions.
- Keith Murray: REALTOR®/Property Manager/B.com. Combines real estate sales with property management expertise, holding a Bachelor of Commerce degree.
- Edward Ma: REALTOR®/Property Management Sales and Leasing. Specializes in real estate sales, leasing, and property management.
- Rodney Eskelson: REALTOR®/Property Manager. An experienced professional in property management and real estate.
- Linda Carson: REALTOR®/Condominium Management. Leads the condominium management division, offering specialized expertise.
- Tammy Vaadeland: Property Manager/Leasing/Rentals. Known for exceptional customer service skills and expertise in property management and rentals.
- Fassil Tekleweld: Property Manager. Contributes to the company's property management operations.
- Wray Pocock: Property Manager. An integral part of the property management team.
- Darren Elliot: Property Management. Focuses on various aspects of property management.
- Wendy Lukenoff: Accounts Payables, Administrative Assistant. Manages financial outbound transactions and administrative support.
- Crystal Marcoux: Accounts Receivable. Handles incoming financial transactions.
- Nicole Wutke: Accounting Clerk. Provides support for accounting functions.
Recent Leadership Changes
No specific recent leadership changes or departures are detailed in the available information. The provided list represents the current active leadership and management team.
6. Talent and Growth Indicators
Saskatoon Real Estate Services Inc. demonstrates indicators of stable, ongoing operations rather than rapid expansion. Employee reviews on platforms suggest a generally positive work environment. As of March 2020 and January 2017, employees rated the company highly across categories such as work-life balance, pay and benefits, job security and advancement, management, and company culture. Former employees have characterized the work as challenging and productive, offering significant learning opportunities within property management.
Tenant experiences have been mixed in the past, with some recommendations and some reports of unaddressed repairs or broken promises from older Reddit discussions in 2020. However, more recent Reddit comments from August 2023 indicated an overall "ok" experience with the company, suggesting a degree of consistency in their service delivery.
7. Social Media Presence and Engagement
Digital Footprint
Saskatoon Real Estate Services Inc. maintains an active digital presence primarily through Facebook, which is linked directly from their official website.
Their Facebook page serves as a key platform for:
- Brand Messaging and Positioning: Sharing information about available rental properties and promoting their services.
- Community Engagement: Interacting with the local community regarding real estate in Saskatoon.
- Content Sharing: Disseminating updates and relevant property listings to a broader audience.
9. Competitive Analysis
The Saskatoon property management and real estate services market is highly competitive, with numerous established firms. Saskatoon Real Estate Services Inc. competes alongside several notable players:
- Elite Property Management Ltd.: Known for offering quality and affordable apartment, condo, and house rentals, emphasizing efficient and transparent service. They are expanding operations to nearby areas like Regina.
- Real Property Management Professionals Inc.: Provides a comprehensive suite of services including full-service leasing, regular property inspections, detailed accounting, and cost-effective maintenance solutions.
- Risa Management Inc.: Focuses on providing hassle-free management for residential and commercial properties. They offer 24-hour on-call maintenance services and have in-house journeyman plumbers and pest control personnel.
- ICR Commercial Real Estate: Concentrates heavily on commercial properties, offering maintenance, administrative coordination, fee collection, and financial reporting specific to commercial real estate.
- Squire Property Management Inc.: Aims to innovate property management through creative solutions and smart technology, adopting a "casual-professional" approach. They manage both rental and condominium properties and utilize a sister company for short-term rental services.
- Envision Real Estate Services: Emphasizes innovative and technology-driven property management solutions, prioritizing trust, transparency, and long-term success for their clients.
These competitors often highlight their strong customer service, comprehensive management capabilities, and deep understanding of the local market dynamics.
10. Market Analysis
Market Overview
The Saskatoon real estate market has demonstrated significant resilience and growth trends in recent years, establishing itself as a desirable location for both buyers and investors.
- 2024 Market Performance: The market recorded over 5,035 home sales, an 8% increase compared to 2023, solidifying Saskatoon's appeal. The residential benchmark price saw a 7% increase over 2023, closing the year at $395,300. Demand remained robust despite record-low inventory levels, which dropped by 25% by the end of 2024, leaving just 555 available units—50% below historical averages. This created highly competitive market conditions that contributed to price appreciation.
- 2025 Market Dynamics: As of October 2025, Saskatoon recorded 455 sales, marking a 2% year-over-year increase and exceeding the 10-year average by 31%. The total residential benchmark price reached $421,100, representing a 4.6% increase year-over-year. Despite a slight month-to-month dip from September, prices remained approximately 5% higher than in October 2024. The market continues to favor sellers, with about 1.96 months of supply available. While new listings increased by a third in October 2025, high buyer activity quickly absorbed them, leaving only 662 available homes entering November. The
