survey collective genius r.e.i. market sentiment...4/19/2020 r.e.i. market sentiment survey -...

4/19/2020 R.E.I. Market Sentiment Survey - Responses | SurveyMonkey

https://www.surveymonkey.com/results/SM-FHG8JTJX7/ 1/14

Collective Genius R.E.I. Market SentimentSurvey

QUESTION SUMMARIES DATA TRENDS INDIVIDUAL RESPONSES

Q2 w

67.24% 275

17.60% 72

7.33% 30

What Was Your Approximate Flip Volume in 2019Answered: 409 Skipped: 9

0-20 Flips

20-50 Flips

50 - 100 Flips

100+ Flips

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

ANSWER CHOICES

ANSWER CHOICES

RESPONSES

RESPONSES

0-20 Flips

20-50 Flips

50 - 100 Flips418 responses Share Link https://www.surveymonkey.com/res TweetCOPY Share Share

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Q3 w

7.82% 32TOTAL 409

TOTAL 409

100+ Flips

57.00% 224

24.17% 95

9.16% 36

5.85% 23

2.04% 8

1.78% 7

If You Have A Portfolio, How Many Doors Do You Own?Answered: 393 Skipped: 25

TOTAL 393

0-10

10-50

50-100

100 - 200

200-500

500+

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

ANSWER CHOICES RESPONSES

0-10

10-50

50-100

100 - 200

200-500

500+ 418 responses Share Link https://www.surveymonkey.com/res TweetCOPY Share Share

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Q4 w

TOTAL 393

33.09% 137

44.93% 186

6.76% 28

44.93% 186

19.81% 82

30.68% 127

What Is Your Main Niche? Please Check All That ApplyAnswered: 414 Skipped: 4

Total Respondents: 414

Wholesale

Rehab - FixAnd Flip To...

TurnkeyProvider

Landlord - SFR

Landlord -MultiFamily

Other (pleasespecify)

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%


Wholesale

Rehab - Fix And Flip To Retail Buyer

Turnkey Provider

Landlord - SFR

Landlord - MultiFamily

ResponsesOther (please specify)

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Q5 w

Q6 w

87.75% 351

12.25% 49

Has Your State Declared Real Estate Essential Or NonEssential?Answered: 400 Skipped: 18

TOTAL 400

Essential

Non Essential

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%


Essential

Non Essential

Which of The Following Best Describes Your AcquisitionVolume Since The Market Shifted?Answered: 400 Skipped: 18

It has stayedabout the same


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Q7 w

50.50% 202

9.00% 36

12.50% 50

28.00% 112

TOTAL 400

It hasincreased bc...

It would haveincreased bu...


0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%


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


Have You Adjusted Your "Buy Box" When Making OffersSince The Market Began To Shift?Answered: 407 Skipped: 11

I haven't madeany adjustments

I've adjusteddown by 5-10%


I' e adj sted


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Q8 w

29.24% 119

24.82% 101

21.87% 89

10.81% 44

13.27% 54

TOTAL 407



0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%


I haven't made any adjustments

I've adjusted down by 5-10%




What Have You Done With Your Marketing Spend ForDistressed Sellers If You Do Your Own Lead Generation?Answered: 399 Skipped: 19

Decreased Spend

Increased Spend

Left It AloneFor Now

I Don'tGenerate My ...

Other (pleasespecify) 418 responses Share Link https://www.surveymonkey.com/res TweetCOPY Share Share

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Q9 w

20.30% 81

13.78% 55

35.09% 140

22.56% 90

8.27% 33

TOTAL 399

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%


Decreased Spend

Increased Spend

Left It Alone For Now

I Don't Generate My Own Leads


Which of The Following Best Describes Your DispositionVolume Since The Market Shifted?Answered: 389 Skipped: 29

It has stayedabout the same

It hasincreased

It has slowedbecause buye...


0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%


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Q10 w

46.53% 181

5.40% 21

34.70% 135

13.37% 52

TOTAL 389


It has stayed about the same

It has increased

It has slowed because buyers have gotten sketchy over what's happening


15.49% 59

7.35% 28

59.32%

What Have You Done With Your Marketing Spend For EndBuyers?Answered: 381 Skipped: 37

Increased Spend

Decreased Spend

I Wasn'tReally...


0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

ANSWER CHOICES

ANSWER CHOICES

RESPONSES

RESPONSES

Increased Spend

Decreased Spend

I Wasn't Really Marketing For Buyers Because The Market Was Good And I Didn't


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Q11 w

226

17.85% 68

TOTAL 381

TOTAL 381

y g yHave To


39.50% 143

16.30% 59

19.34% 70

8.29% 30

16 57% 60

If You Do Construction Or Buy Rentals, Which Of TheBelow Best Describes Your Outlook For Capital MovingForward?Answered: 362 Skipped: 56

I Am Going ToNeed Private...

I Mostly UseCommunity Ba...

I Am WellFunded...

The Lower LTVsAre Going To...


0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

ANSWER CHOICES

ANSWER CHOICES

RESPONSES

RESPONSES

I Am Going To Need Private Lenders Moving Forward If Wall Street Capital Doesn'tCome 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 NowOffering.

The Lower LTVs Are Going To Be Detrimental to My Business.



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Q12 w

16.57% 60TOTAL 362TOTAL 362


7.37% 28

2.63% 10

5.00% 19

13.68% 52

44.74% 170

26 58% 101

What Is Your Current Position From A StaffingPerspective?Answered: 380 Skipped: 38

I've Laid OffStaff

I'veFurloughed...

I've ReducedPay For My...

I'm CurrentlyHiring And...

I Haven't DoneAnything Yet...


0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

ANSWER CHOICES

ANSWER CHOICES

RESPONSES

RESPONSES

I've Laid Off Staff

I've Furloughed Staff

I've Reduced Pay For My Staff In Order To Preserve Cash And Make It ThroughUncertain Times

I'm Currently Hiring And Looking To Grow My Team

I Haven't Done Anything Yet But Am Prepared To Cut If Needed

ROth ( l if )


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Q13 w

26.58% 101TOTAL 380TOTAL 380


5.85% 19

5.54% 18

66.77% 217

21.85% 71

If You're a Landlord, Describe The Overall Sentiment OfYour Tenants...Answered: 325 Skipped: 93

TOTAL 325

We're notpaying becau...

We don'tintend to pa...

We intend topay as long ...

We're solidand are happ...

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%


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


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Q14 w

Q15 w

6.82% 27

40.40%160

21.21% 84

56.57%224

What Is Your Overall Sentiment About Your Market RightNow? Check ALL THAT APPLY.Answered: 396 Skipped: 22

Total Respondents: 396

I don't seeany real iss...

I feel it'sgoing to tak...

I feel it'sgoing to rea...

I am lookingforward to...

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%


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 normalquickly

I feel it's going to really bad, values will drop, and it will take longer than a year toreturn to normal

I am looking forward to competition eroding, and being able to serve distressedsellers through challenging times while also growing my business, and I have thecapital reserves to make it through this tough time in order to be able to do so.


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19.40% 78

58.96% 237

10.45% 42

11.19% 45

In Six Months I Think The Economy Will Be...Answered: 402 Skipped: 16

TOTAL 402

Back To Normal

In A Recession

In A Depression


0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%


Back To Normal

In A Recession

In A Depression



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