Realty Digest for Huntington Beach CA by Scot Campbell, Real Estate Broker

August / September Vol. 7, 2019 / Circulation 16,500 Monthly

16282 Typhoon Lane, Huntington Harbour, CA | 5 Bdrms, 3.5 Baths | 3,650 Sqft | 3 Car Garage | $1,550,000 This Trinidad Island off-water home was enlarged & rebuilt in 1988, and has all the features you have been looking for: Quiet interior tract location, 5 Bedrooms, 3.5 Baths, approximately 3650 square feet of living area, sunny back yard, enlarged island kitchen open to the casual dining area & family room, formal living & dining rooms, and an attached 3 car garage with spacious driveway.

The master suite is enormous with double sided fireplace, office, water view retreat, walk-in closet, and spacious bathroom. Of course, there is nothing like the Trinidad Island Lifestyle, it features a beach, two playgrounds, very large greenbelts, and waterfront walkway for evening strolls. You can rent a boat dock for your skiff, Duffy, or Yacht up to 40+ feet! This is simply one of the finest neighborhoods in Coastal Orange County. Located in the award winning Harbour View Elementary School District… ideal for families who need “space” and want a quiet location within a fantastic neighborhood! Come for a look at this property and think about how you can put your “touches on it”... it is price to sell!

Scot Campbell

Broker / Global Luxury Specialist 714.336.0394 Cell / Text scot@campbellrealtors.com www.scotcampbell.com DRE #00943759

© 2019 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker® is a registered trademark licensed to Coldwell Banker Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity. Each Office Is Independently Owned And Operated Except Offices Owned And Operated By NRT Incorporated.

What makes Scot Campbell Different Than Other Top Huntington Beach Real Estate Agents?

MLS records show Scot Campbell was the broker of record for over 1,400 Huntington Beach homes in the last 19 years. Yes, that is a lot of homes… but selling the most homes is not his goal… Scot concentrates his efforts on achieving the results that his seller clients want most:

Getting the Property Sold… for Top Dollar… with Fewer Days on Market.

It is not the strong seller's market of the last six years, so hiring the best brokerage with the most effective branding, marketing, & support is an even better idea than before: Coldwell Banker is the oldest & most respected brand in real estate… serving California since 1906. We sell more million-dollar homes in North America than anyone else because we are more effective in targeting buyers. With billions in marketing dollars spent in over a century of operations, we have developed brand awareness, tools, & systems which help us outperform the established competitors, independents, and especially the discounters & newcomers to our industry.

The #1 Real Estate Brand online is Coldwell Banker. Our combination of Blogging, Social Media presence, eMarketing systems, Home-search Website/platform, and partnerships with Google & Facebook allow us to market homes more effectively than our competitors.

And, Scot Campbell is the #1 selling broker for Coldwell Banker in Huntington Beach… he has personally sold many more homes under the CB Brand… nearly double his closest colleague.

So, if you are having thoughts about selling your home and want the property to sell for Top Dollar with Fewer Days on the Market, be sure to speak with Scot Campbell before you list your home.

Phone/Text: 714-336-0394 or Email: Scot@CampbellRealtors.com Scot is the President of Coldwell Banker-Campbell Realtors in Huntington Beach, CA. He is a Certified Global Luxury Property Specialist, has been a licensed for over 32 years, and has brokered 1000s of Coastal Orange County homes… including just about every type of transaction imaginable. His undergraduate degree is in Real Estate Finance and he did his graduate studies in Economics. Huntington Beach resident since 1973... Living and loving Coastal Orange County for over 45 years! Read his profile and client reviews at www.ScotCampbell.com

16846 Bayview Drive, Sunset Beach, CA | ON MARKET | $2,195,000 This waterfront home on Sunset Island in Huntington Beach is a modern masterpiece with design elements and luxury finishes (Subzero & Wolf appliances, Hansgrohe Axor fixtures, & more) which will delight buyers looking for a contemporary home with clean lines. It is Located on the water with a private boat dock, yet it is just a two block stroll to the soft & uncrowded sands of Sunset Beach. Entering the home, you are drawn into the downstairs family room with flat screen TV & built-in island bar. The bi-fold doors open to a sunny waterfront patio with gangway access to a private boat dock… The 2nd level features a gourmet island kitchen, dining room, living room, two bedrooms, and laundry room. The 3rd floor is the luxury master suite with separate retreat & office areas… finally there is an enormous 4th floor rooftop deck with panoramic views! The home features attention to detail and luxury finishes throughout… it must be seen to be appreciated. Sunset Beach is a stretch of golden sand located north of Warner Avenue & south of Surfside Colony. The sand and surf are uncrowded… almost like a private beach! The area is known for its Annual Art Festival, eclectic architecture from “cottages & sand castles” to custom contemporary homes. An active community, many waterfront Sunset Island residents enjoy kayaking & paddle boarding as much as surfing and evening strolls on the sand and Duffy boat cruses. For fishermen & boaters, Catalina is just 24 miles across the sea!

Waterfront Home | 3 Bedrooms, 3 Baths | 2,912 ASqFt | Boat Dock | 2 Car Attached Garage + 2 Spaces

Text 16846 bayview to (714) 874-8161 for Additional Info & Photographs

81 Days

June Huntington Beach market was a mixed bag: Price per Square Foot & Average Sale Price Up, Closed Sales Down.

Mortgage Rates still very attractive!

By Huntington Beach Realtor - Scot Campbell - 07/22/19 - Source: Realtor MLS/Reports on Housing

Go to my website to watch a detailed market update video. www.scotcampbell.info - Market update under Resources tab

A review of the June 2019 Residential Closed Sales shows:

Executive Summary: Mortgage Rates hit a 2018 peak of 4.94% per the FreddieMac Mortgage Market Survey on 11/15/18, Mortgage rates have since come down to 3.81 as of 7/18/19. Jumbo rates seem to be even lower… a quick review of mortgage rates being quoted by large lenders on the web showed 3.625% for 30-Year Jumbo loans… mortgage rates have not been this low since January 2018!

The Huntington Beach real estate market has seen higher average sale price and price per square foot, but sales volume dropped over 14% compared to last month and about 10% compared to June sales last year. A review of the closed sales reveals many buyers focus their attention on the few new homes available and homes that are in "turn-key condition… the homes which are recently remodeled". The "Days of Supply" of homes (the best measure of overall market conditions) showed a vast improvement since the beginning of the year. On January 10th 2019, this measure reached a high of 125 days… this reflected the slowest market conditions in over 5 years. Days of Supply is now at 81 days… up slightly from 74 days on 6/13/19. The number of homes selling relative to the number listed has increased substantially; however, the five year average of 65 days shows today's market is noticeably slower than we saw in recent years.

Falling mortgage rates are providing an attractive incentive to buy during this summer selling season, and low rates will continue to offer an opportunity window for buyers.

Many buyers are successfully completing transactions contingent on the sale of another home… sellers are no longer holding out for "non-contingent" and/or cash offers. The market is strong enough to get your old home sold, but the seller of the house you want to buy does not already have multiple offers.

Price Disclaimer: It should be noted that an increase in average price and average price per square foot of sold homes does not 100% correlate with appreciation of all homes.

If buyers just happen to be focusing their purchase on luxury homes, it is possible to have an increase in the average price of sold homes while appreciation is flat. The same is true on the downside if buyers chose to buy mostly "fixer homes" in a particular month. The best way to value an individual home is by comparing it to similar homes recently sold in the same neighborhood.

Days of Supply: In early January 2019, this measure hit 125 days… the highest level seen in over 5 years. It has since dropped to 81 days (7/11/19). Days of Supply is an excellent measure of market activity as it tells us how many homes are selling relative to the number listed. During a strong seller's market, this measure may fall into the 40 day range. In a strong buyer's market, the measure may increase to over 200 days. A "balanced market" is 90 to 120 days. To judge the relative strength of the market for homes like yours, a measure must be taken for your price segment.

Homes Sold: In June 2019, the entire Huntington Beach market saw a total of 148 houses, townhomes, and condos sold…

100 detached properties sold and 48 attached homes sold. The sales level was 13% lower than the five-year average for the month of June. Detached home sales were up 7.5% and attached home closings decreased 32.4% compared to June 2018.

Average Days on Market until Under Contract: The average days on market for June 2019 was 39.

Price per Square Foot: The June 2019 Average Price per Square Foot ($PSF) for the entire market was up 6.5% year-overyear at $531 (Detached homes $554 and Attached homes $454).

Average Price: The average price of detached homes sold in June 2019 was $1,268,181 an increase of 11.3% compared to June 2018. For attached homes the average price was $634.135 a small increase of 0.4% from the same period last year.

Sellers: Hire a great Realtor & Brokerage to effectively market you home… then: Price your home correctly, prepare it for sale, be patient, and be ready to negotiate on terms that are acceptable to you.

Buyers: Mortgage Rates have dropped… and there are more homes on the market to choose from. This is a great time to be in the market!

If you have questions about the real estate market, buying, and selling real estate in Huntington Beach and Coastal Orange County, contact Scot Campbell… he can answer just about any real estate question you might want to ask.

Mobile Phone/Text: 714-336-0394 Email: Scot.Campbell@ColdwellBanker.com

16231 Santa Barbara Lane, Huntington Harbour, CA | ON MARKET | PRICED TO SELL Come experience this Amazing Waterfront Home in Guard Gated Fair Marin/Harbor Coves, it was enlarged & rebuilt in 2011 and looks like brand new! Entering, you are greeted by a Grand Foyer with high ceilings & gorgeous staircase... then you are drawn into the spacious & open living room & formal dining areas.

Two steps down and you are now into the comfortable family room which is open to a gourmet island kitchen with professional quality appliances & nook table. Also downstairs is a private office & bedroom with full bath.

Upstairs is a library, 3 en-suite bedrooms, and a full width waterview master suite featuring "dream" walk-in closet, retreat area, terrace, & luxury master bath including separate tub/shower, dual sinks, & vanity. The 3 car garage has direct access into the home and the driveway will easily hold 4 cars. This home has the backyard orientation you are looking for... lots of sun in the afternoon and enjoyable sunsets in the evening. There is more... this is one of the most unique waterfront homes in Huntington Harbour! At lower tides, there is a beach at the base of the seawall, and the "L" shaped patio features an award winning infinity edge pool & spa! The 36 foot side tie boat dock will hold larger boat... room to park a Duffy boat on the end cap, and even a skiff on the inside of the dock! This is a house you want to see at night... The down lighting under patio deck, pool/spa lighting, & Fire pot fountains are truly something special to see!

5 Bedrooms | 5 Baths | Office | 3 Car Garage | 4,078 ASqFt | Pool & Spa | Boat Dock | $3,199,900

Text: santabarbara to (714) 874-8161 for additional Info & Photographs

DOWNTOWN HUNTINGTON BEACH NEW CONSTRUCTION PLAN 1

Exquisite Open Concept 2,875 square foot floor plan with 3 bedrooms, 3.5 baths, spacious landscaped front patio, attached two car garage. First floor great room has soaring two story ceilings and a massive gourmet island kitchen open to the living and dining areas. The middle level has two en-suite bedrooms, family room, balcony, & laundry. On the 3rd floor is the amazing master suite with luxury master bath, large walk-in closet, retreat, & sundeck.

PLAN 2

Contemporary Open Concept 2,875 square foot floor plan with 3 bedrooms, 3.5 baths, spacious landscaped front patio, attached two car garage. First floor great room with massive gourmet island kitchen open to the living and dining areas. 2nd Floor has Jack/Jill bedrooms, master suite with 11' X 11' walk-in closet, luxury master bath, & laundry room.

The 3rd floor Bonus Room has a full bath, bar area, covered indoor/outdoor living space, & sundeck.

623 13th Street ~ Available $2,195,000 412 9th Street ~ In Escrow, List $2,295,000

625 13th Street ~ Available $2,195,000 414 9th Street ~ Available $2,295,000

303 12th Street ~ Closed $2,125,000 613 13th Street ~ Closed $2,095,000

615 13th Street ~ Closed $2,075,000 This Plan is new‌ first time built!

Modern inspired architectural concepts with the latest efficient new home technologies, & luxury quality finishes: Central heating & air, tankless water heater, modern design fencing, concrete patio, firepit, designer metal gates, recessed lighting, Restoration Hardware chandeliers & pendants, European style/modern wood grain kitchen cabinetry with birch drawer boxes & soft close hardware/rollout trays, marble countertops, Premium windows, Bi-fold patio doors, JennAir: 48 inch range, 48 inch custom panel refrigerator, Thermador dishwasher, Under counter wine cooler, and Drawer style microwave.

PLAN 1

PLAN 2

16412 Ardsley, Humboldt Island, Huntington Harbour | ON MARKET Rebuilt Luxury Waterfront Home with 97 feet of frontage on beautiful Christiana Bay in Huntington Harbour! Plenty of room on the 85 foot dock for your yacht, Duffy, skiff, kayaks, sabot, & paddle boards‌ enjoy gorgeous views from the amazing waterfront sunroom where you can watch friends & family sail & paddle the nice calm water of the bay.

And, during the holidays, your fortunate guests will have a front row seat of the boat parade! No details were overlooked in the construction of this amazing contemporary home in 2011. Sound system, surveillance system, smart home features, gourmet island kitchen, climate controlled wine room, office with bay view, side-by-side aquariums, luxury quality finishes, and so much more!

4 Bedrooms + Office, 3.5 Baths | 4000+ ASqFt | 97 Feet on Water | 85 Foot Dock | 3 Car Garage | $4,350,000

Text 16412ardsley to (714) 874-8161 for Additional Info & Photographs

3289 Moritz Drive, Huntington Beach | IN ESCROW Broadmoor in a unique guard gated waterfront community located in Huntington Harbour… it is just steps from the soft sands of Sunset Beach! So many activities to choose from: Go for a bike ride to the pier, surf or swim at the beach, paddle board the harbor… then come back and play some tennis or hang out at the resort style swimming pool/spa. In the evening there are multiple restaurants just a short stroll away! There is also access via gangways directly onto Peter’s Landing public marina… so if you have a yacht or Duffy, you’ll enjoy convenient access to your rented dock (subject to availability). This unit is a “flat” on the second floor with a 180 degree view of the Harbour from the master bedroom, living room, kitchen, dining room, and spacious balcony… there is also a spacious detached garage which is less than 100 yards from the beach at the end of Grimaud Lane (perfect place to launch kayaks & paddleboards). Come take a look, then start enjoying the coastal lifestyle offered by this unique property!

3 Bdrms, 2.5 Baths | 2 Car Garage | 1,777 ASqFt | $925,000

Text 3289moritz to (714) 874-8161 for Additional Info & Photographs

Faire Marin Huntington Harbour This Gorgeous Home is located in 24 Hour Guard Gated Community of Faire Marin. Grandy Entry with soaring ceilings, Formal Living Room with Fireplace, Formal Dining Room with Wet bar/Wine cooler. Spacious Master Bedroom with Fireplace. Travertine Flooring, Vaulted Ceilings, Custom staircase railing, Hardwood Floors, Beautiful Granite Island Kitchen with stainless appliances, Central Air Conditioning, and Low Maintenance Back Yard. Award winning Harbor View Elementary, Public Tennis Courts, Playground, Habour Mall, and Humboldt Beach are all close by!

4 Bedrooms or 3 Bedrooms + Office | 3.5 Baths | 3,500+ SqFt | Off Water ~ Interior Tract | 2 Car Garage

3642 Pirate Cir, Hunt. Harbour, CA | CLOSED

3889 Mistral Dr, Hunt. Harbour, CA | CLOSED

Single story floorplan located on a quiet cul-de-sac in a great neighborhood… Trinidad Island in Huntington Beach. Walking in the front door, the first thing you notice is the home is very bright & open! Separate tub/shower & walk-in closet in master bedroom. Beautifully remodeled, new roof, double pan windows, & more!

Come join the Huntington Harbour Lifestyle in this Waterfront Single Family Home on Humboldt Island with over-the-water Sunset Views & Boat Dock! Take your boat out fishing in the morning, then come back and do some paddle-boarding in the afternoon... finally take family & friends out for a harbour cruise!

3 Bdrms, 3 Baths | 2 Car Garage | 2,090 ASqFt 6,000 AsqFt Lot | $1,235,000

On Water | Boat Dock | 4 Bdr, 3.5 Ba | 2 Car Garage 2,728 ASqFt | 5,000 AsqFt Lot | $2,137,300

5801 Seashore Drive Newport Beach | CLOSED

428 9th Street, Huntington Beach | CLOSED

Here is the Oceanfront Home "on the Sand" you have been dreaming about plus a "Guest House" for your friends and family! This beach house was custom built to "make memories that can be treasured for a lifetime". A legal duplex, it was remodeled down to the studs in 2006, and then "refreshed" in 2019… so it is ready to enjoy Now! Arguably the Best location in West Newport…

Custom 2 Story Cape Cod Cottage style beach home with open floor plan, with French Doors opening to an elevated front patio and middle patio with outdoor fireplace, Jacuzzi, and fountain. Large Chefs kitchen with butcher block island, Wolf Range, Built-in Refrigerator… too much to list!

$6,250,000 | SOLD IN 10 DAYS

3 Bdrm, 3.5 Baths | Corner Lot | Custom Built 2009 | $1,635,000 Text 4289th to (714) 874-8161 for Additional Info & Photos

Windspun Drive, Huntington Beach | CLOSED

17321 Wareham Ln, Huntington Beach | CLOSED

Deepwater Seagate "End Unit" Waterfront Townhouse with private boat dock! This is a "Sunset Model" in the most prized location in the development: Sunny orientation, large patio offering a front row seat for the boat parade, adjacent greenbelt, and quick access to the main channel. This Model is an end unit and is wider‌ it also features vaulted c eilings a nd downstairs bedroom + f ull bath.

Here is a Britewater "Sands" Plan 2 with a fantastic location! The oversize lot is private and offers lots of sunshine and entertaining area: with outdoor fireplace, covered patio, rock water fall, built in fire pit with sitting area, & BBQ island. The kitchen features granite counter tops, wood cabinets, and Viking Professional Series stainless steel appliances, including a refrigerator.

4 Bdrms, 3 Baths | 2,025 ASqFt | 2 Car Garage | Boat Dock Call For Details!

4 Bdrms + Office Nook | 3 Baths | 2,089 ASqFt | 2 Car Garage $1,249,900 Full Price / Multiple Offers | $1,249,900

1206 Pine Street, Huntington Beach | CLOSED

16779 Bayview Drive, Sunset Beach | IN ESCROW

This Modern Farm House it is as much a piece of art as it is a functional living space. Open Concept floor plan‌ you are greeted by a Chihuly inspired chandelier & floating three-sided fireplace which is the focal point of the foyer, living room, & kitchen. The home has 4 Bedrooms + Den, 3rd Floor Office, 5 Baths and approx. 4,000 square feet of living area + an over sized 4 car garage.

Super Cute 2 Bedroom Cottage "on the water" in the Sunset Island area of Huntington Beach. This is a perfect home if you are looking for a little place by the beach that also has a boat dock. Most recently the owner kept a 31 foot Bertrum on the dock (LOA 35+ feet)... Sunset Beach is a stretch of golden sand located north of Warner Ave & south of Surfside Colony.

4 Bdrms + Retreat | Office | 5 Baths | 4 Car Garage | 4,000 ASqFt

2 Bdrms, 2 Ba | 800 ASqFt | 2 Car Gar1 Space + | Boat Dock Text 16779bayview to (714) 874-8161 for Additional Info

Text 1206pine to (714) 874-8161 for Additional Info | $2,899,900

Luxury Quality contemporary NEW HOME loaded with upgrades including professional appliances, hardwood flooring, wired for cameras & multi-zone music, 2 laudry rooms, built-in spa & firepit! Located just a few blocks from the beach & new Pacific City Development with fantastic restuarants, shopping, & Pasea Hotel... and the Main Street Village is also close-by with over 30 restaurants, shopping, Pier, & amphitheater.

807 Alabama Street | 4 Bedrooms | 3.5 Baths | 3,149 ASqFt | 2 Car Attached Garage | $2,099,000

16114 Tortola Cir, Huntington Beach 92649 | ON MARKET FOR SALE OR LEASE This remarkable "Lagoon View" Seagate Townhouse offers the opportunity to live the waterfront & boating lifestyle which you have dreamed of for years. This "Weatherly Model" includes a 35 foot boat dock (will hold larger).

Beautifully remodeled with approximately $100,000 in upgrades: Rear and front patio tile, plantation shutters, water heater, windows, furnace, built-in desk in family room, crown moulding, surround sound, recessed ceiling lights, light fixtures & ceiling fans.

3 Bedrooms | 2.5 Baths | 1,826 ASqFt | Detached 2 Car Garage | Boat Dock | $1,025,000

Text 16114tortola to (714) 874-8161 for Additional Info & Photographs

707 13th Street, Downtown Huntington Beach | ON MARKET | $2,750,000 Magnificent Mediterranean Estate on oversize lot in the "Park Area" of Downtown Huntington Beach, just six blocks to the beach and a short stroll to schools, parks, Main Street Village, doggie beach, and the new Pacific City Development. Breathtaking Architectural Design with Lush Landscaped Tropical Gardens, Fountains, Sunny Courtyard, & Sky Lit Atrium. Unique Open Floorplan Features Sun Filled Spaces and the feel of an elegant, yet casual resort!

3 Bedrooms + Office, | 4.5 Baths | Oversize 3 Car Garage + RV Space | 4,320 ASqFt | 6,325 ASqFt Lot Text 70713th to (714) 874-8161 for Additional Info

Orange County Real Estate Market Update ~ July 2019 July 18th 2019 by Scot Campbell Source: Reports on Housing

Scot Campbell has a Five Star Rating Read his Reviews at www.MyPastClientReviews.com The active listing inventory decreased by 39 homes in the past two weeks, down 1%, and now totals 7,561. In the month of June, 12% fewer homes came on the market compared to June 2018. Last year, there were 6,579 homes on the market, 982 fewer than today. There are 15% more homes than last year.

Demand, the number of pending sales over the prior month, decreased by 87 pending sales in the past two-weeks, down 3%, and now totals 2,461. Last year, there were 2,454 pending sales, similar to today.

There were 2,715 closed residential resales in June, 6% fewer than June 2018's 2,879 closed sales. June marked a 7% drop from May 2019.

The sales to list price ratio was 97.6% for all of Orange County.

For homes priced below $750,000, the market is a slight Seller's Market (between 60 and 90 days) with an expected market time of 64 days. This range represents 39% of the active inventory and 55% of demand. For homes priced between $750,000 and $1 million, the expected market time is 79 days, a slight Seller's Market. This range represents 19% of the active inventory and 22% of demand.

For homes priced between $1 million to $1.25 million, the expected market time is 98 days, a Balanced Market. For luxury homes priced between $1.25 million and $1.5 million, in the past two weeks, the Expected Market Time increased from 137 to 143 days. For homes priced between $1.5 million and $2 million, the Expected Market Time decreased from 192 to 189 days. For luxury homes priced between $2 million and $4 million, the Expected Market Time increased from 250 to 262 days. For luxury homes priced above $4 million, the Expected Market Time decreased from 667 to 518 days.

The luxury end, all homes above $1.25 million, accounts for 35% of the inventory and only 14% of demand.

When we called Scot to sell our home we had no idea what to do to get the best price for our home. He helped us with every step in preparing the home for show and for negotiating the price and getting what we wanted. He is very knowledgeable and his staff was friendly and extremely helpful. We were very happy and would recommend him.

Scot is a very warn and friendly person. He is ethical and professional yet not arrogant.

These traits are rare amongst realtors.

Scot Campbell is the ultimate real estate agent. He and his staff handled the sale of our Huntington Beach home in a vary professional manner with nothing left for chance.

They know how to find the right person for any detail, such as large and small repairs, etc. to get the property in tip top shape to sell.

Coldwell Banker Campbell Realtors

Local Postal Customers

Instant Home Value Reports Available www.HBhomeValue.INFO When you order the Instant Report, the system will immediately email the most recent sales in your market area (per the Realtor MLS). You will get info on a number of homes, and you can pick out the properties most similar to yours.

If you would like a more detailed list of properties For Sale, In Escrow, and Recently Closed… please email me your address and I will do a more complete list which goes back a little further in time which will have fewer sales but they will be more similar to your property.

Scot Campbell

Over 1,400 Homes Brokered Over a 32+ Year Career.

714-336-0394 www.ScotCampbell.com Scot.Campbell@ColdwellBanker.com DRE 00943759

© 2019 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker® is a registered trademark licensed to Coldwell Banker Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity. Each Office Is Independently Owned And Operated Except Offices Owned And Operated By NRT Incorporated.