Exit R.E.I. Market Sentiment Survey Thank you for taking the time to fill out this survey! Question Title * 1. What Is Your Core Market/City You Operate In Question Title * 2. What Was Your Approximate Flip Volume in 2019 0-20 Flips 20-50 Flips 50 - 100 Flips 100+ Flips Question Title * 3. If You Have A Portfolio, How Many Doors Do You Own? 0-10 10-50 50-100 100 - 200 200-500 500+ Question Title * 4. What Is Your Main Niche? Please Check All That Apply Wholesale Rehab - Fix And Flip To Retail Buyer Turnkey Provider Landlord - SFR Landlord - MultiFamily Other (please specify) Question Title * 5. Has Your State Declared Real Estate Essential Or Non Essential? Essential Non Essential Question Title * 6. Which of The Following Best Describes Your Acquisition Volume Since The Market Shifted? It has stayed about the same It has increased bc sellers are more motivated It would have increased but I am struggling to find buyers on the disposition side Other (please specify) Question Title * 7. Have You Adjusted Your "Buy Box" When Making Offers Since The Market Began To Shift? I haven't made any adjustments I've adjusted down by 5-10% I've adjusted down by 10-15% I've adjusted down by 15-20% Other (please specify) Question Title * 8. What Have You Done With Your Marketing Spend For Distressed Sellers If You Do Your Own Lead Generation? Decreased Spend Increased Spend Left It Alone For Now I Don't Generate My Own Leads Other (please specify) Question Title * 9. Which of The Following Best Describes Your Disposition Volume Since The Market Shifted? It has stayed about the same It has increased It has slowed because buyers have gotten sketchy over what's happening Other (please specify) Question Title * 10. What Have You Done With Your Marketing Spend For End Buyers? Increased Spend Decreased Spend I Wasn't Really Marketing For Buyers Because The Market Was Good And I Didn't Have To Other (please specify) Question Title * 11. If You Do Construction Or Buy Rentals, Which Of The Below Best Describes Your Outlook For Capital Moving Forward? I Am Going To Need Private Lenders Moving Forward If Wall Street Capital Doesn't Come Back or Keeps Dropping Their LTVs. I Mostly Use Community Banks And Don't Envision A Problem Moving Forward. I Am Well Funded Personally and Can Mitigate The Lower LTV's Lenders Are Now Offering. The Lower LTVs Are Going To Be Detrimental to My Business. Other (please specify) Question Title * 12. What Is Your Current Position From A Staffing Perspective? I've Laid Off Staff I've Furloughed Staff I've Reduced Pay For My Staff In Order To Preserve Cash And Make It Through Uncertain Times I'm Currently Hiring And Looking To Grow My Team I Haven't Done Anything Yet But Am Prepared To Cut If Needed Other (please specify) Question Title * 13. If You're a Landlord, Describe The Overall Sentiment Of Your Tenants... We're not paying because we don't have to We don't intend to pay until this smooths over and things are back to normal We intend to pay as long as we are able to regardless of what's happening We're solid and are happy to continue paying rent and on time Question Title * 14. What Is Your Overall Sentiment About Your Market Right Now? Check ALL THAT APPLY. I don't see any real issues that will effect it I feel it's going to take a hit and values will drop initially...but will return to normal quickly I feel it's going to really bad, values will drop, and it will take longer than a year to return to normal I am looking forward to competition eroding, and being able to serve distressed sellers through challenging times while also growing my business, and I have the capital reserves to make it through this tough time in order to be able to do so. Question Title * 15. In Six Months I Think The Economy Will Be... Back To Normal In A Recession In A Depression Other (please specify) Question Title * 16. Please Enter Your Name And Email Address If You Would Like A Copy Of The Results Emailed To You Once They Are Collected. First Last Email Address Done
