Listing Presentation

1. Source: Westcourt Funds Optimism Excitement Euphoria Denial Fear Panic Despondency Depression Hope Optimism Point of maximum risk in investment Point of maximum opportunity

2. Return on Investment Dow S&P Nasdaq Real Estate Jan 1, 2000 – Dec 31, 2008 -35.2 -59.9 69.8 -19.8 Source: MSN Money.com, Case Shiller

3. “ Today’s Realtor is required to do constant research and evaluation of the market and to effectively interpret and present that data.” - Howard Brinton, Real Estate Magazine

4. Mortgage Rates – 30 year fixed Source: Federal Reserve Since 10/30/2008

5. Mortgage Rates – 30 year fixed Source: Federal Reserve $500 billion bailout pledge Fannie & Freddie Bailout January 2008 January 2009

6. Average Prices Your MLS $113K

7. Average Sales Price Your MLS -18.1%