MEMORANDUM

DATE:           MAY 8, 2009

TO:                 REALCOMP APPRAISER MEMBERS

FROM:           MARKETING DEPARTMENT

SUBJECT:    AVAILABILITY OF “NUMBER OF ACTIVE LISTINGS” DATA

THE PURPOSE OF THIS MEMO IS TO ADDRESS THE FOLLOWING QUESTION REGARDING THE FANNIE MAE 1004MC FORM:

“CAN REALCOMP PROVIDE ME WITH THE NUMBER OF ACTIVE LISTINGS IN THE MLS SYSTEM AS OF ANY GIVEN DATE FOR ANY GIVEN AREA?”

THE ANSWER TO THIS QUESTION IS “NO”. HOWEVER, REALCOMP DOES CAPTURE MONTHLY THE NUMBER OF ACTIVE LISTINGS FOR EACH ZIP CODE (WITHIN NINE (9)-COUNTIES).

THIS INFORMATION CAN BE OBTAINED FROM OUR MONTHLY STATISTICAL REPORTS, WHICH CAN BE ACCESSED BY MEMBERS FROM THE STATISTICS SECTION OF THIS WEBSITE. SIMPLY LOGIN USING YOUR REALCOMP ID & PASSWORD TO VIEW THIS INFORMATION.

IF YOU HAVE ANY QUESTIONS ABOUT THESE REPORTS, PLEASE CONTACT REALCOMP’S CUSTOMER CARE DEPARTMENT AT (866) 553-3430.