RE/MAX Elite

"If opportunity doesn't knock, build a door." - Milton Berle

Phoenix Housing Market

2009 Outlook

Historical Trends

Sources: New Home Sales – US Census Bureau 2008, Existing Home Sales – NAR 2008

Phoenix, AZ Number of Transactions September 2008: 6,102 One month change: 10.24% One year change: 86.09% Active Inventory September 2008: 52,963 One month change: 2.00% One year change: -11.61% Month's Supply of Inventory September 2008: 9.6

Year over Year Transactions

Name % Change YTD 2008-YTD 2007 $

Realty Executives -27.30% $ (165,290,520.00)

West Usa Realty -25.90% $ (85,036,636.00)

RE/MAX Elite 133.80% $ 134,486,468.00

Keller Williams Realty East Valley -14.90% $ (39,321,905.00)

Century 21 -26.80% $ (74,487,999.00)

Keller Williams Integrity First Realty 0.80% $ 1,504,661.00

Coldwell Banker Residential Brokerage -29.40% $ (74,971,164.00)

1ST Usa Realty Professionals, Inc -52.90% $ (198,545,673.00)

John Hall &Amp; Associates -13.50% $ (21,641,098.00)

East Valley Trends

Internet Lead Generation

RE/MAX Elite expands lead generation for our Agents

RE/MAX.com enhances site for 2009

Website Development

www.DemandElite.com

Powered by Go Daddy

www.EspanolDemandElite.com

Bank of America Mortgage Referral ProgramBank of America Mortgage Referral Program

Investor Loft PartnershipInvestor Loft Partnership

Technology Improvements for 2009

Continued Roll Out of Shor-Tel Phone Systems

Fax Server to be installed in AZ Ave. Office

Call Capture to be Introduced to Elite Agents

"If opportunity doesn't knock, build a door." - Milton Berle