Hall January 31, 2014 Mr. Jeffrey Epstein 358 El Brillo Way Palm Beach, FL 33480 RE: Palm Beach Real Estate - Estate Section Dear Mr. Epstein, Real Estate Palm Beach Great News! The Palm Beach market continues to gain momentum (post 2008 - 2010 recession) as sale prices approach the historic highs of 2007. Sales volume is way up: 41% more homes sold in the Estate Section during 2013 than in 2012. Early indications are that this increase in volume (and sale prices) will continue during 2014. Below and on the back side of this letter is specific market information for your neighborhood. Please let me know if you would like to receive additional updates including my monthly newsletter via email. Palm Beach Real Estate - Estate Section • There are currently 34 homes for sale in the Estate Section. The median list price is $10.3 million • During 2013, there were 24 home sales with a median sales price of $8 million • During 2012, there were 17 home sales with a median sales price of $5.8 million • On the back side of this letter is information on 9 recent sales in the Estate Section market Free Opinion of Value Offer: Would you like to know the value of your home (at no cost)? YES: NO: Would you like to know about recent sales in your neighborhood? YES: NO: Are you considering selling or renting your home? YES: NO: Thank you for taking the time to fill out this questionnaire and returning it. Sincerely, c4 \Asada Steve Hall, CRB Broker I Owner Direct: 561.310.7229 340 Royal Poinciana Way 4C Palm Beach FL 33480 (561)429-8173 (Office) (561) 429-8263 (Fax) t EFTA01134914