PUIvsSotheby%27sv6

A World-Class

Pa c i f i c Un i on I n t e r n at i on a l

Platform for the Highly Targeted Marketing of Distinguished Properties

Pac Union .com ChristiesR e a l Es tate . com

EXCLUSIVE AFFILIATE OF

A Member Of Real Living

Connecting to the world

Pacific Union International One Letterman Drive Building C, Suite 300 San Francisco, CA 94127

Owned by Christie’s and embodying the traditions of integrity and discretion cultivated over 240 years, Christie’s International Real Estate is unrivaled in its ability to serve the global community through a network of trusted local Affiliated brokerages.

For your private view, visit Christie’sRealEstate.com & PacUnion.com

Our Promise

Extraordinary Service • Innovative Marketing International Reach • Local Expertise • Exemplary Professionals At Pacific Union International we define luxury not by the price of a home, but by the quality of our people and the unparalleled level of our service. The promise of our brand is to ensure that you feel and experience this luxury with every encounter you have with PUI real estate professionals.

The local, regional and international marketing of a home is a comprehensive and complex undertaking. We feel that our results in the marketplace distinguish both Pacific Union International and Christie’s International Real Estate, as well as support our brand and its pledge.

From time to time, we feel it is important to articulate the attributes and differences of competitive brands that may appear to be equally as effective as our own. This publication illustrates the global reach, breadth and effectiveness of our exclusive relationship with Christie’s International Real Estate as compared to Sotheby’s International Realty. The results should confirm for you our leadership role in the market.

While our clients are the only ones who may validate our brand’s position and its related promise; our results in the marketplace can certainly corroborate the effectiveness of our people and our local, regional and international property marketing programs. We welcome your comments and look forward to advising you in your next real estate investment.

Sincerely, Brent Thomson | SVP, Branch Manager, Marin County

Mark A. McLaughlin | Chief Executive Officer

Pacific Union International, Inc.

Pacific Union International, Inc.

Belvedere 415.789.8686

Kentfield 415.448.1100 Larkspur 415.945.6300

Mill Valley, Downtown 415.380.6100 Mill Valley, Strawberry 415.383.1900

Ross 415.464.8686 415.464.8608 415.461.8686 PacUnion.com

A Member Of Real Living

Pacific Union International

Global Network

Global Network

Worldwide Exposure

Pacific Union International and Christie’s International Real Estate will provide unparalleled distribution to buyers around the globe.

Luxury homes listed with ChristiesRealEstate.com are seen by more international buyers than any other luxury property site.

Online Property Ads > $1M 100%

45%

88%

40%

80% 60% 40% 20%

Online Property Ads > $3M

35%

33%

30%

43%

25% 20% 15% 10% 5%

0%

0%

Source: christiesrealestate.com, sothebyrealty.com

13%

Spelling Manor

B EV ERL Y HIL L S, C A L I FO R N I A

Christie’s International Real Estate Represented the

Buyer & Seller

Succ e s s ful l y S ol d for

Sold to Resident of London

$150M

Christie’s International Reach Christie’s International Real Estate is the world’s largest

international network of real estate professionals specializing in the marketing of luxury properties.

Christie’sInternational Real Estate includes 35,000 real estate professionals operating 800 offices in more than 42 countries.

The combined volume of Christie’s exclusive, invitation-only team of professionals was $128 billion in 2009.

Christie’s International Real Estate network and Christie’s Auction House, both market leaders in the sale of luxury goods,create a world-class showcase for distinguished real estate.

2010 Global Art Sales $2.57B Christie’s clients are consistently acquiring the finest art and real estate assets in the world.

URS FISCHER (B. 1973) Untitled (Lamp/Bear)

ANDY WARHOL (1928-1987) Self-Portrait

Cast bronze, epoxy primer, urethane paint, acrylic polyurethane topcoat, acrylic glass, gas discharge lamp, and stainless-steel framework. Auction record for the artist.

Acrylic and silk screen ink on canvas, in four parts Painted in 1963-1964

Price realized: $6,802,500 May 11, 2011

Price realized: $38,442,500 May 11, 2011

Christie’s Auction House

The synergy between and Art and Real Estate.

Art auctioneers at Christie's has announced a significant increase in their sales figures for the first half of 2010. Christie's experienced a 46 percent increase in sales over 2009's half-year figures at $2.57.

Highlights of Christie's impressive sales figures for the first six months include the selling of Pablo Picasso's Nude, Green Leaves and Bust, which sold for $106.5 million, the highest price ever paid at auction for any work of art to date. Additionally, 169 works sold for more than $1 million.

Christie's CEO Edward Dolman indicated that the successful sales of collections by Michael Crichton, Mrs. Stanley F. Brody, Sonde Tang, and Spencer also were significant factors for the 2010 upswing. Dolman also cited an increase in buyers from the Asian marketplace being key to the auctioneer's improved sales picture.

Here’s a link to the Christie’s Synergy between Art & Real Estate video. http://www.youtube.com/watch?v=sKlTYDM7pOc

The Numbers Decker Bullock Days on Market {SFH over $1M}

58

182

Market Share {Ross}

55%

10%

Homes Sold {Tiburon}

34

23

Market Share {Mill Valley}

24%

8%

Homes Sold {Kentfield}

33

11

MLS: BAREIS BrokerMetrics速

SFH Over $1M June 23, 2011

January -June 2011

The Facts Decker Bullock Homes List

45

22

Homes Sold

54

14

Total of Homes

99

36

$218,347,338

$86,692,000

Total $

24.64%

Market Share % Average Price Days on Market

MLS: BAREIS BrokerMetrics速

SFH Over $1M June 8, 2011

January -June 2011

9.78%

$2,205,529

$2,408,111

57

182

$ in Millions

Market Share Totals 95 90 85 80 75 70 65 60 55 50 45 40 35 30 25 20 15 10 5 0

$2,940K DOM Market

44 25.66% $3,504K DOM Market

Decker Bullock

LIS T $ MLS: BAREIS BrokerMetrics速

SFH Over $1M

SEL L $ January -June 2011

89 3.06%

$ in Millions

Market Share Totals 240 230 220 210 200 190 180 170 160 150 140 130 120 110 100 90 80 70 60 50 40 30 20 10 0

Market

24.84%

Market

Decker Bullock

LIS T $ MLS: BAREIS BrokerMetrics速

SFH Over $1M

SEL L $ January -June 2011

2.09%

Significant

I N T ER N A T I O N A L S A L E S

2 Upper Road West ROSS, C AL IFORNIA

Panoramic View of the Bay

Orignial List Price

Succ e s s ful l y S ol d for

$ 1 0 ,0 0 0 ,0 0 0

Sold to Resident of Canada

Bellisimo Vineyard NAPA, CAL IFORNIA

Stunning Residential Compound

72 Acre Vineyard

Succ e s s ful l y S ol d for

Sold to Resident of China

$ 1 4 ,7 5 0 ,0 0 0

16 St. Lucia Place TIB URON, C AL IFORNIA

Waterfront Property with

100+ Feet Water Dock

Suc c e s s ful l y S ol d for

Sold to Resident of Russia

$ 1 ,9 2 5 ,0 0 0

1992 Centro West TIB URON, C AL IFORNIA

Purchased at List Price

Closed in Six Days

Succ e s s ful l y S ol d for

Sold to Resident of Canada

$ 1,5 9 5 ,0 0 0

4223 Shelter Bay MIL L V AL L EY, C AL IFORNIA

Epansive Water View of

Richardson Bay

Succe s s ful l y S ol d for

Sold to Resident of Phillipines

$ 5 4 9 ,0 0 0

535 Oak Avenue SAN ANSEL MO, CAL IFORNIA

Exclusive, Private & Perfect for

Entertaining

Succ e s s ful l y S ol d for

Sold to Resident of Germany

$ 2 ,0 9 0 ,0 0 0

Extraordinary People Believe in Pacific Union International

At Pacific Union International, we support our real estate professionals with advertising that reinforces our brand promise of providing an extraordinary luxury real estate experience defined by the quality of our people and our services not by the price of a home.

San Francisco is proud to host the 34th America’s Cup.

Pacific Union International is proud to represent one of its most auspicious veterans.

Paul Cayard

PacUnion.com A Member Of Real Living

Extraordinary People Real estate professionals you can trust. Results you can count on.

You have significant investment to protect when buying or selling your home. Our real estate professionals understand that you deserve a level of service and expertise worthy of your trust.

Region

# of Sotheby’s Agents Moved to Pacific Union International, Inc.

YTD in Production

MARIN

1

$ 8.3 Million

SAN FRANCISCO

8

$ 51 Million

WINE COUNTRY

3

$ 28.6 Million

EAST BAY

3

$ 8.6 Million

TOTAL

15

$ 96.5 Million

Fo l l o w Pacific Union Interntional:

PacUnion.com

ChristiesRealEstate.com