The document provides sales and listing data for July 2007 for the South Park real estate office. It lists the top sales and listing teams and individuals. It also includes charts showing the office's year-to-date capture rates for affiliated businesses and how the market has performed in areas 3, 4, and 5 for single-family homes, condos, and townhouses. Announcements for upcoming events and a section on the office's SMART Agent initiative are also included.

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

2. Virtual Caravan

6. How are we doing YTD? Down 18% Down 25% Down 22% Represents numbers through July 27, 2007 432.5 594 Net Units $ 123,057,803 $ 157,514,330 Net Volume 57/$15,264,487 58/$11,645,193 Fall Through 489 652 Units $ 138,322,290 $ 169,159,523 Sales Volume 2007 2006 Metric

7. How are we doing YTD? South Park Unit Sales Analysis

8. How are we doing YTD? South Park Office Analysis We sell 80% of what we list We sell 1.60 more homes than we list

9. How’s the market? CMLS All Areas Single Family and Condo/Townhouse

10. How’s the market? CMLS All Areas Single Family and Condo/Townhouse Absorption Rate

11. How’s the market? CMLS Areas 3,4,5 Single Family Residential

12. How’s the market? CMLS Areas 3,4,5 Single Family Residential Absorption Rate

13. How’s the market? CMLS Areas 3,4,5 Condo and Townhouse

14. How’s the market? CMLS Areas 3,4,5 Condo and Townhouse Absorption Rate