The word "realliest" is not a correct spelling. The correct form would be "realist". The IPA phonetic transcription of "realist" is /ˈrɪəlɪst/, which represents the sounds of the word. The first sound is the /r/ sound, followed by the short vowel sound /ɪ/. The /ə/ sound is represented by the letter "e" in this case, followed by the /l/ sound. The word ends with a short /ɪ/ sound followed by the /st/ sound. Always double-check the spelling of words to ensure clear communication.