High-rate GNSS technology is invaluable for capturing surface displacements. However, vertical displacement is strongly linked to zenith tropospheric delay (ZTD) and receiver clock bias, compromising accuracy and impeding the detection of weak seismic waves. Some GNSS stations, fortunately, feature high-stability oscillators, enabling receiver clock modeling instead of epoch-wise estimation. This paper introduces an epoch relative positioning approach (ERP)with receiver clock modeling (CMC-ERP) to enhance coseismic displacement accuracy. Applied to earthquakes in Japan and the United States, the method improves vertical displacement accuracy by 24% to 61%. Furthermore, P-wave arrival times are determined by processing displacement sequences extracted through both CMC-ERP and ERP methods using STA/LTA. Compared to theoretical arrival times calculated by TauP software, CMC-ERP accuracy is enhanced by 74%–99%, further confirming its effectiveness.