The document provides real estate metrics and announcements for the South Park office including: 1) January rankings for listings and sales with the top individuals and teams. 2) Year-over-year comparisons for 2008 and 2007 showing a decline in net units and volume. 3) Updates on ancillary business capture rates for services like lending, title, and home warranty with rankings for different offices. 4) Announcements for upcoming skill building workshops and presentations.

1. Good Morning South Park Please quiet your cell phones.

3. Welcome Crescent Resources

6. How’s the market? All CMLS

7. How’s the market? CMLS Areas 4,5,6

8. How’s the market? All CMLS

9. How’s the market? CMLS Areas 4,5,6

10. How’s the market? All CMLS

11. How’s the market? CMLS Areas 4,5,6

12. How are we doing Year over Year? Down 23% 41 52 Net Units 10,330,050 13,136,968 Net Volume 3 6 Fall Thru 44 58 Units 10,754,425 15,180,081 Sales Vol. 2008 2007 Metric

13. Homeservices Lending