{"id":818,"date":"2010-11-23T10:52:08","date_gmt":"2010-11-23T10:52:08","guid":{"rendered":"http:\/\/www.montreal-realestate.ca\/english\/?p=818"},"modified":"2019-02-28T21:39:09","modified_gmt":"2019-02-28T21:39:09","slug":"revenue-proprieties-sellers-market-sept-2010","status":"publish","type":"post","link":"https:\/\/www.montreal-realestate.ca\/english\/revenue-proprieties-sellers-market-sept-2010\/","title":{"rendered":"Revenue Proprieties:  Sellers market \u2013Nov 2010"},"content":{"rendered":"<table border=\"0\">\n<tbody>\n<tr>\n<td>As a Real Estate agent I\u2019m having a hard time finding properties for my buyers.<br \/>\nI\u2019ve been very frustrated with the multiple offers that end up on a building that just got listed. I\u2019m running around with my clients without great success anymore. Whether it be homes or revenue properties, it\u2019s all the same; we\u2019re back in a seller\u2019s market\u00a0<strong>Going over market value, ie: sold comparisons<\/strong><br \/>\nI understand the emotional buy for a home. To spend an extra $5000-$20,000 for what you want to live in is really nothing in the long run. What I don\u2019t understand is why buyers are spending more for a revenue property. If the numbers don\u2019t add up, why are people still buying?My theory is that buyers that are overspending, are anticipating that they can either fix up their property and gain that way and\/or relying on the property values going up. Buyers are panicking and willing to spend more because of lack of product and competition with multiple offers. They want to buy now and are willing to play the game.<\/td>\n<td valign=\"top\"><a href=\"http:\/\/www.montreal-realestate.ca\/english\/wp-content\/uploads\/2010\/11\/pic-for-Nov24.10-triplex.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-821\" title=\"pic for Nov24.10 - triplex\" src=\"http:\/\/www.montreal-realestate.ca\/english\/wp-content\/uploads\/2010\/11\/pic-for-Nov24.10-triplex.jpg\" alt=\"pic for Nov24.10 - triplex\" width=\"300\" height=\"225\" \/><\/a><\/p>\n<p><script type=\"text\/javascript\">\/\/ < ![CDATA[\n\/\/ < ![CDATA[ google_ad_client = \"pub-7319641113368718\"; \/* 300x250, created 12\/17\/08 *\/ google_ad_slot = \"6530772108\"; google_ad_width = 300; google_ad_height = 250; \/\/ ]]><\/script><br \/>\n<script src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\" type=\"text\/javascript\"><\/script><\/p>\n<p><script type=\"text\/javascript\">\/\/ < ![CDATA[\n\/\/ < ![CDATA[ google_ad_client = \"pub-7319641113368718\"; \/* 300x250, created 12\/17\/08 *\/ google_ad_slot = \"6530772108\"; google_ad_width = 300; google_ad_height = 250; \/\/ ]]><\/script><br \/>\n<script src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\" type=\"text\/javascript\"><\/script><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Average days on market<\/strong><br \/>\n<strong>Homes:<\/strong> Aug 2009 &#8211; 79 days \/ 2010 &#8211; 69 days<br \/>\n<strong>Condos:<\/strong> Aug 2009 &#8211; 90 days \/ 2010 &#8211; 79 days<br \/>\n<strong>Plex:<\/strong> Aug 2009 &#8211; 91 days \/ 2010 &#8211; 62 days<\/p>\n<p><strong>Homes:<\/strong> Price increase of 7%<br \/>\n<strong>Condos:<\/strong> Price increase of 9%<br \/>\n<strong>Plex:<\/strong> Price increase of 14%<\/p>\n<p>According to the stats, the sales have gone down across the board for the month of August, which tells me that there isn\u2019t enough product out there right now to balance the market.<\/p>\n<p><strong>The month of Aug 2009 compared to Aug 2010:<\/strong><br \/>\n<strong>Homes:<\/strong> Sales decrease of -16%<br \/>\n<strong>Condos:<\/strong> Sales decrease of -13%<br \/>\n<strong>Plex:<\/strong> Sales decrease of -22%<\/p>\n<p>Year to date though, sales are up 8%<\/p>\n<p><!-- BEGIN: Constant Contact HTML for Send Page to Friend --><br \/>\n<a href=\"http:\/\/ui.constantcontact.com\/sa\/fp.jsp?plat=i&amp;p=f&amp;m=jix8ysbab\"><span style=\"text-decoration: underline;\">Send Page To a Friend<\/span><\/a><br \/>\n<!-- END: Constant Contact HTML for Send Page to Friend --><\/p>\n<p>I added this article because I love real estate and educating people on the matter. If you would you like me to work for you, call me <a href=\"tel:514-402-8444\">514-402-8444<\/a> or <a href=\"mailto:jenn@montreal-realestate.ca\"><span style=\"text-decoration: underline;\">EMAIL ME<\/span><\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As a Real Estate agent I\u2019m having a hard time finding properties for my buyers. I\u2019ve been very frustrated with the multiple offers that end up on a building that just got listed. I\u2019m running around with my clients without great success anymore. Whether it be homes or revenue properties, it\u2019s all the same; we\u2019re [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":821,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","sfsi_plus_gutenberg_text_before_share":"","sfsi_plus_gutenberg_show_text_before_share":"","sfsi_plus_gutenberg_icon_type":"","sfsi_plus_gutenberg_icon_alignemt":"","sfsi_plus_gutenburg_max_per_row":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[9,6],"tags":[],"class_list":["post-818","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-updates","category-real-estate-investing"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Revenue Proprieties: Sellers market \u2013Nov 2010 - Montreal Real Estate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.montreal-realestate.ca\/english\/revenue-proprieties-sellers-market-sept-2010\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Revenue Proprieties: Sellers market \u2013Nov 2010 - Montreal Real Estate\" \/>\n<meta property=\"og:description\" content=\"As a Real Estate agent I\u2019m having a hard time finding properties for my buyers. I\u2019ve been very frustrated with the multiple offers that end up on a building that just got listed. I\u2019m running around with my clients without great success anymore. Whether it be homes or revenue properties, it\u2019s all the same; we\u2019re [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.montreal-realestate.ca\/english\/revenue-proprieties-sellers-market-sept-2010\/\" \/>\n<meta property=\"og:site_name\" content=\"Montreal Real Estate\" \/>\n<meta property=\"article:published_time\" content=\"2010-11-23T10:52:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-02-28T21:39:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.montreal-realestate.ca\/english\/wp-content\/uploads\/2010\/11\/pic-for-Nov24.10-triplex.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"300\" \/>\n\t<meta property=\"og:image:height\" content=\"225\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jennifer Lynn Walker\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jennifer Lynn Walker\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.montreal-realestate.ca\\\/english\\\/revenue-proprieties-sellers-market-sept-2010\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.montreal-realestate.ca\\\/english\\\/revenue-proprieties-sellers-market-sept-2010\\\/\"},\"author\":{\"name\":\"Jennifer Lynn Walker\",\"@id\":\"https:\\\/\\\/www.montreal-realestate.ca\\\/english\\\/#\\\/schema\\\/person\\\/38280264b1c3c37ddc5057d0457569d5\"},\"headline\":\"Revenue Proprieties: Sellers market \u2013Nov 2010\",\"datePublished\":\"2010-11-23T10:52:08+00:00\",\"dateModified\":\"2019-02-28T21:39:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.montreal-realestate.ca\\\/english\\\/revenue-proprieties-sellers-market-sept-2010\\\/\"},\"wordCount\":327,\"image\":{\"@id\":\"https:\\\/\\\/www.montreal-realestate.ca\\\/english\\\/revenue-proprieties-sellers-market-sept-2010\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.montreal-realestate.ca\\\/english\\\/wp-content\\\/uploads\\\/2010\\\/11\\\/pic-for-Nov24.10-triplex.jpg\",\"articleSection\":[\"Market Updates\",\"Real Estate Investing\"],\"inLanguage\":\"en-CA\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.montreal-realestate.ca\\\/english\\\/revenue-proprieties-sellers-market-sept-2010\\\/\",\"url\":\"https:\\\/\\\/www.montreal-realestate.ca\\\/english\\\/revenue-proprieties-sellers-market-sept-2010\\\/\",\"name\":\"Revenue Proprieties: Sellers market \u2013Nov 2010 - Montreal Real Estate\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.montreal-realestate.ca\\\/english\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.montreal-realestate.ca\\\/english\\\/revenue-proprieties-sellers-market-sept-2010\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.montreal-realestate.ca\\\/english\\\/revenue-proprieties-sellers-market-sept-2010\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.montreal-realestate.ca\\\/english\\\/wp-content\\\/uploads\\\/2010\\\/11\\\/pic-for-Nov24.10-triplex.jpg\",\"datePublished\":\"2010-11-23T10:52:08+00:00\",\"dateModified\":\"2019-02-28T21:39:09+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.montreal-realestate.ca\\\/english\\\/#\\\/schema\\\/person\\\/38280264b1c3c37ddc5057d0457569d5\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.montreal-realestate.ca\\\/english\\\/revenue-proprieties-sellers-market-sept-2010\\\/#breadcrumb\"},\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.montreal-realestate.ca\\\/english\\\/revenue-proprieties-sellers-market-sept-2010\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-CA\",\"@id\":\"https:\\\/\\\/www.montreal-realestate.ca\\\/english\\\/revenue-proprieties-sellers-market-sept-2010\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.montreal-realestate.ca\\\/english\\\/wp-content\\\/uploads\\\/2010\\\/11\\\/pic-for-Nov24.10-triplex.jpg\",\"contentUrl\":\"https:\\\/\\\/www.montreal-realestate.ca\\\/english\\\/wp-content\\\/uploads\\\/2010\\\/11\\\/pic-for-Nov24.10-triplex.jpg\",\"width\":300,\"height\":225},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.montreal-realestate.ca\\\/english\\\/revenue-proprieties-sellers-market-sept-2010\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.montreal-realestate.ca\\\/english\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Revenue Proprieties: Sellers market \u2013Nov 2010\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.montreal-realestate.ca\\\/english\\\/#website\",\"url\":\"https:\\\/\\\/www.montreal-realestate.ca\\\/english\\\/\",\"name\":\"Montreal Real Estate\",\"description\":\"Great advice from an experienced broker\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.montreal-realestate.ca\\\/english\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-CA\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.montreal-realestate.ca\\\/english\\\/#\\\/schema\\\/person\\\/38280264b1c3c37ddc5057d0457569d5\",\"name\":\"Jennifer Lynn Walker\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-CA\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4ba5ca067e223c96da90cce21cc1f0e101054986e0463f44435b3eafd1c512b0?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4ba5ca067e223c96da90cce21cc1f0e101054986e0463f44435b3eafd1c512b0?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4ba5ca067e223c96da90cce21cc1f0e101054986e0463f44435b3eafd1c512b0?s=96&d=mm&r=g\",\"caption\":\"Jennifer Lynn Walker\"},\"url\":\"https:\\\/\\\/www.montreal-realestate.ca\\\/english\\\/author\\\/jwalker\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Revenue Proprieties: Sellers market \u2013Nov 2010 - Montreal Real Estate","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.montreal-realestate.ca\/english\/revenue-proprieties-sellers-market-sept-2010\/","og_locale":"en_US","og_type":"article","og_title":"Revenue Proprieties: Sellers market \u2013Nov 2010 - Montreal Real Estate","og_description":"As a Real Estate agent I\u2019m having a hard time finding properties for my buyers. I\u2019ve been very frustrated with the multiple offers that end up on a building that just got listed. I\u2019m running around with my clients without great success anymore. Whether it be homes or revenue properties, it\u2019s all the same; we\u2019re [&hellip;]","og_url":"https:\/\/www.montreal-realestate.ca\/english\/revenue-proprieties-sellers-market-sept-2010\/","og_site_name":"Montreal Real Estate","article_published_time":"2010-11-23T10:52:08+00:00","article_modified_time":"2019-02-28T21:39:09+00:00","og_image":[{"width":300,"height":225,"url":"https:\/\/www.montreal-realestate.ca\/english\/wp-content\/uploads\/2010\/11\/pic-for-Nov24.10-triplex.jpg","type":"image\/jpeg"}],"author":"Jennifer Lynn Walker","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Jennifer Lynn Walker","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.montreal-realestate.ca\/english\/revenue-proprieties-sellers-market-sept-2010\/#article","isPartOf":{"@id":"https:\/\/www.montreal-realestate.ca\/english\/revenue-proprieties-sellers-market-sept-2010\/"},"author":{"name":"Jennifer Lynn Walker","@id":"https:\/\/www.montreal-realestate.ca\/english\/#\/schema\/person\/38280264b1c3c37ddc5057d0457569d5"},"headline":"Revenue Proprieties: Sellers market \u2013Nov 2010","datePublished":"2010-11-23T10:52:08+00:00","dateModified":"2019-02-28T21:39:09+00:00","mainEntityOfPage":{"@id":"https:\/\/www.montreal-realestate.ca\/english\/revenue-proprieties-sellers-market-sept-2010\/"},"wordCount":327,"image":{"@id":"https:\/\/www.montreal-realestate.ca\/english\/revenue-proprieties-sellers-market-sept-2010\/#primaryimage"},"thumbnailUrl":"https:\/\/www.montreal-realestate.ca\/english\/wp-content\/uploads\/2010\/11\/pic-for-Nov24.10-triplex.jpg","articleSection":["Market Updates","Real Estate Investing"],"inLanguage":"en-CA"},{"@type":"WebPage","@id":"https:\/\/www.montreal-realestate.ca\/english\/revenue-proprieties-sellers-market-sept-2010\/","url":"https:\/\/www.montreal-realestate.ca\/english\/revenue-proprieties-sellers-market-sept-2010\/","name":"Revenue Proprieties: Sellers market \u2013Nov 2010 - Montreal Real Estate","isPartOf":{"@id":"https:\/\/www.montreal-realestate.ca\/english\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.montreal-realestate.ca\/english\/revenue-proprieties-sellers-market-sept-2010\/#primaryimage"},"image":{"@id":"https:\/\/www.montreal-realestate.ca\/english\/revenue-proprieties-sellers-market-sept-2010\/#primaryimage"},"thumbnailUrl":"https:\/\/www.montreal-realestate.ca\/english\/wp-content\/uploads\/2010\/11\/pic-for-Nov24.10-triplex.jpg","datePublished":"2010-11-23T10:52:08+00:00","dateModified":"2019-02-28T21:39:09+00:00","author":{"@id":"https:\/\/www.montreal-realestate.ca\/english\/#\/schema\/person\/38280264b1c3c37ddc5057d0457569d5"},"breadcrumb":{"@id":"https:\/\/www.montreal-realestate.ca\/english\/revenue-proprieties-sellers-market-sept-2010\/#breadcrumb"},"inLanguage":"en-CA","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.montreal-realestate.ca\/english\/revenue-proprieties-sellers-market-sept-2010\/"]}]},{"@type":"ImageObject","inLanguage":"en-CA","@id":"https:\/\/www.montreal-realestate.ca\/english\/revenue-proprieties-sellers-market-sept-2010\/#primaryimage","url":"https:\/\/www.montreal-realestate.ca\/english\/wp-content\/uploads\/2010\/11\/pic-for-Nov24.10-triplex.jpg","contentUrl":"https:\/\/www.montreal-realestate.ca\/english\/wp-content\/uploads\/2010\/11\/pic-for-Nov24.10-triplex.jpg","width":300,"height":225},{"@type":"BreadcrumbList","@id":"https:\/\/www.montreal-realestate.ca\/english\/revenue-proprieties-sellers-market-sept-2010\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.montreal-realestate.ca\/english\/"},{"@type":"ListItem","position":2,"name":"Revenue Proprieties: Sellers market \u2013Nov 2010"}]},{"@type":"WebSite","@id":"https:\/\/www.montreal-realestate.ca\/english\/#website","url":"https:\/\/www.montreal-realestate.ca\/english\/","name":"Montreal Real Estate","description":"Great advice from an experienced broker","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.montreal-realestate.ca\/english\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-CA"},{"@type":"Person","@id":"https:\/\/www.montreal-realestate.ca\/english\/#\/schema\/person\/38280264b1c3c37ddc5057d0457569d5","name":"Jennifer Lynn Walker","image":{"@type":"ImageObject","inLanguage":"en-CA","@id":"https:\/\/secure.gravatar.com\/avatar\/4ba5ca067e223c96da90cce21cc1f0e101054986e0463f44435b3eafd1c512b0?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/4ba5ca067e223c96da90cce21cc1f0e101054986e0463f44435b3eafd1c512b0?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/4ba5ca067e223c96da90cce21cc1f0e101054986e0463f44435b3eafd1c512b0?s=96&d=mm&r=g","caption":"Jennifer Lynn Walker"},"url":"https:\/\/www.montreal-realestate.ca\/english\/author\/jwalker\/"}]}},"_links":{"self":[{"href":"https:\/\/www.montreal-realestate.ca\/english\/wp-json\/wp\/v2\/posts\/818","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.montreal-realestate.ca\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.montreal-realestate.ca\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.montreal-realestate.ca\/english\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.montreal-realestate.ca\/english\/wp-json\/wp\/v2\/comments?post=818"}],"version-history":[{"count":0,"href":"https:\/\/www.montreal-realestate.ca\/english\/wp-json\/wp\/v2\/posts\/818\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.montreal-realestate.ca\/english\/wp-json\/wp\/v2\/media\/821"}],"wp:attachment":[{"href":"https:\/\/www.montreal-realestate.ca\/english\/wp-json\/wp\/v2\/media?parent=818"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.montreal-realestate.ca\/english\/wp-json\/wp\/v2\/categories?post=818"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.montreal-realestate.ca\/english\/wp-json\/wp\/v2\/tags?post=818"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}