[ISSUER FREE WRITING PROSPECTUS January 27, 2010 Registration No. 333-164216 ISSUER FREE WRITING PROSPECTUS DATED JANUARY 27, 2010 American Depositary Shares IFM Investments Limited This free writing prospectus sets forth revised disclosures in connection with a revised aggregate offering size of 12,487,500 American depositary shares to be offered by our company (or 14,360,625 ADSs if the underwriters exercise their option]