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Listing Presentation prepared by Kenton Hopkins, MRE, CRS, GRI and David McHugh e-PRO Office: (970) 845-5831 · Mobile: (970) 401-3848 · Email: khopkins@slifer.net · www.beavercreekestates.com

VVAAIILL •• BBEEAAVVEERR CCRREEEEKK •• BBAACCHHEELLOORR GGUULLCCHH •• AARRRROOWWHHEEAADD •• MMOOUUNNTTAAIINN SSTTAARR

Reason #1:  We Are the Valley’s Oldest, Largest and Most Diverse 

Real Estate Firm  As Vail’s original real estate firm, Slifer Smith & Frampton (SSF) offers the knowledge and insight into the local real estate market no other firm can provide. For more than 40 years, we have been servicing the real estate needs of visitors and locals. We have been an integral part in the growth of our beautiful valley and making it a place so many people want to call home. With the effort and commitment of Kenton Hopkins MRE, CRS, GRI and everyone else at the Vail Valley’s largest real estate firm, we can deliver the resources to sell your home. Reason #2:  Our Philosophy  The principals of our company are recognized by many as the founding fathers of Vail, Beaver Creek, Bachelor Gulch, Arrowhead and Eagle Ranch. They have proven their leadership in real estate throughout the community and have chosen the Vail Valley as home for the same reasons you have. It is our vision to contribute to the long term health of the Vail Valley, diligently protecting the beauty and integrity of our natural world. Reason #3:  The Inside Track  Our ownership and board of directors consists of Vail Resorts’ and East West Partners’ principals - the primary parties involved in many developments and projects throughout the valley. Because of our partnership with Vail Resorts, SSF has exclusive advertising and marketing opportunities on Vail Resorts’ trail maps, vacation guides, on-mountain displays and is the only real estate company listed on their websites. Reason #4:  Our Team  We have over 100 agents in 18 offices who will work together to sell your home, 100% of our team are designated brokers; in 1996 we became the first company in the State of Colorado to achieve this feat. TThhee mmaajjoorriittyy ooff oouurr bbrrookkeerrss hhaavvee bbeeeenn sseelllliinngg rreeaall eessttaattee iinn tthhee VVaaiill VVaalllleeyy ffoorr oovveerr 2200 yyeeaarrss wwiitthh aa lliisstt ooff ccuussttoommeerrss tthhaatt ssttrreettcchheess aarroouunndd tthhee gglloobbee. Every year, our brokers’ customer base becomes more valuable as success brings additional referrals. Our brokers and clients both benefit from the unmatched support of a seasoned administrative staff, full-time Marketing and Closing Departments and our exclusive relationship with East West Resorts, Vail Resorts and East West Partners.  

Reason #5:  Open Doors    Our doors are always open! We have 19 sales centers conveniently located throughout the Vail Valley, with most of our offices open 7 days a week. This means access to your listing 7 days a week! Reason #6:  Performance    • We have been the leader in the Vail Valley for more than 45 years and haven proven

ourselves as the trusted experts. SSF lists and sells more property than any other real estate firm. Over half of our listings are sold by another SSF broker. We maintain leading market share in most of the Vail Valley’s neighborhoods. In fact, SSF closed nearly $1.25 billion in Vail Valley real estate in fiscal year 2008. We give our clients the unique advantage of having the most up to-date information on the entire market including new listings and projects since we are involved in the majority of the transactions.

Consider the advantages of putting more than 100 brokers and over 45 years of experience to work for you. Shouldn’t you have this kind of horse power behind your effort to sell? Reason #7:  International Marketing and Affiliations  

In 2007 Slifer Smith & Frampton’s website had over 1,000,000 visitors from over 120 countries. The countries with the most visitors outside of the United States included; Australia, China, Canada, Mexico, Western Europe, United Kingdom and Switzerland. We hold the number one position for ‘Vail Real Estate’ not only in the United States but also on Google.com in countries around the world including China, United Kingdom, Spain, France, Germany, Mexico, Brazil, Italy, Netherlands, etc. Our international designation as the leading brokerage in Eagle County with TThhee BBooaarrdd ooff RReeggeennttss, an exclusive network of the world’s most elite luxury real estate brokers, can provide the most powerful national and international exposure for our listings that no other company can provide. We are recognized by WWhhoo’’ss WWhhoo iinn LLuuxxuurryy RReeaall EEssttaattee, an independent compendium of the world’s most prestigious brokerage houses.

LLuuxxuurryy PPoorrttffoolliioo aallssoo rreepprreesseennttss tthhee mmoosstt lliissttiinnggss iinn tthhee UUSS oovveerr $$11,,000000,,000000..

LLuuxxuurryy PPoorrttffoolliioo –– 99,,221133 Sotheby’s Realty – 6,158 Christies Great Estates – 4,900

Our affiliation with LLuuxxuurryy PPoorrttffoolliioo, the flagship program with TThhee LLeeaaddiinngg RReeaall EEssttaattee CCoommppaanniieess ooff tthhee WWoorrlldd (formerly RELO), allows unprecedented international exposure for our listings. Luxury Portfolio represents over $26 billion in available real estate with the average property priced just over $2 million dollars. Slifer Smith & Frampton is also the only Vail Valley affiliate for RReessiiddeennccee MMaaggaazziinnee, a national high-end luxury real estate magazine composed of listings from the top brokerage firms throughout the country. This publication allows us to reach these brokerages and their top-qualified buyers. Reason #8:  Marketing Your Property  AWARD WINNING MARKETING:: Out of 525 of the top real estate companies in the world within Who’s Who in Luxury Real Estate network, Slifer Smith & Frampton was awarded The Best Overall Marketing Package in 2006. At Slifer Smith & Frampton we spend well over $3 million dollars each year on marketing to insure that your home is seen by over 340,000 people every month! No other real estate company in the Vail Valley can offer your home this kind of exposure. Below are some of the highlights of the marketing strategies. INTERNET: www.VailRealEstate.com

We are committed to exceeding our customers’ expectations with our Internet capabilities. Our website provides a comprehensive online guide to Real Estate including all the properties available for sale in the Vail Valley and overviews of every community.

Slifer Smith & Frampton Real Estate is a proud member of the Advisory Board of Leading Real Estate Companies in the World.

By providing the best online marketing for our clients, we also provide the most exposure to potential buyers. We take advantage of every opportunity to build relationships with premier portals such as:

Luxury Real Estate (www.luxuryrealestate.com) Luxury Portfolio (www.luxuryportfolio.com) The National Association of REALTORS ® (www.realtor.com) The Wall Street Journal’s real estate portal (www.realestatejournal.com) Residence International (www.residenceluxuryhomes.com) The Leading Real Estate Companies of the World (www.leadingre.com) Escapehomes (www.escapehomes.com) Vail Daily (www.vaildaily.com) Trulia (www.trulia.com) Google Base - Google’s real estate classifieds (www.base.google.com)

We are currently developing a new internet real estate portal for Beaver Creek called Beaver Creek Online (www.beavercreekonline.com). This new website will soon become the leading real estate website in Beaver Creek and one of the most technically advanced website in the country. We are committed to being the leader in Beaver Creek Resort. We continue to focus on top search engine placement and have the advantage of over 100 websites relating to our listings. We are the top website for the most popular keywords “Vail real estate” on Google. We feature all MLS listings as well as general information on our company and real estate opportunities in the Vail Valley. This allows visitors real time access to the most comprehensive real estate information available. Your property can also be listed as the “Featured Property” on our home page. OOnn aavveerraaggee,, oouurr wweebbssiittee rreecceeiivveess oovveerr 8855,,000000 vviissiittoorrss aa mmoonntthh.. TThhiiss mmeeaannss tthhaatt wwee ccaann eexxppoossee yyoouurr hhoommee ttoo mmoorree ppootteennttiiaall bbuuyyeerrss tthhaann aannyy ootthheerr ccoommppaannyy.. Each SSF property features a photo, mapping technology and information on all that your property has to offer. SSF also has the ability to create online virtual tours or streaming video, giving prospective buyers a sneak peak of their dream residence. Our commitment extends to providing the best tools in online real estate marketing, including the “My Place” tool which allows prospective buyers to select their purchase criteria and be notified via email when a matching property becomes available. Through streaming video, snow alerts and market trends we keep you in touch with the Vail Valley no matter where you are. We have also created “My Portfolio” exclusively for sellers allowing secure, online access to vital information regarding their real estate transactions. As a seller you can track advertising and showing reports online, giving you up-to-the-minute access to your property.

Our commitment extends to providing the best tools in online real estate marketing, including the “Keep Me Posted” tool which allows prospective buyers to select their purchase criteria and be notified via email when a matching property becomes available. Through webcams, streaming video, snow reports and quarterly email newsletters, we keep prospects in touch with the Vail Valley. You can track advertising and showing reports online, giving you up-to-the-minute access to your property. We can also send you all contract documents to you via email. BROCHURES: We will work with our brokers’ extensive mailing lists to produce a highly qualified list of prospects which will receive newsletters, brochures and seasonal postcards. In 2007, we created a coffee-table style book, ELEVATED PURSUITS, a photo montage featuring all of the communities in Eagle County and Summit County, Development Projects and a sampling of area homes. This is one of the several pieces that we send to targeted homeowner lists. PHOTOGRAPHY: Professional photography of your property will be arranged to ensure the highest quality reproduction for the various media uses. SSF has a full-time, professional photographer. A picture is worth a thousand words and at SSF we will include the best photos of your home on our website so that your property will be a showcase home. VVIIRRTTUUAALL TTOOUURRSS:: We will create a Custom Virtual Tour of your property to be featured on Vailrealestate.com, Beavercreekestates.com, Realtor.com and Escapehomes.com. Research indicates that with the growth in broadband connections, a large percentage of internet users will only look for properties that have virtual tours when searching for real estate. By creating a Custom Virtual Tour we are assuring you that your property will be seen. FEATURED HOMES: I am proud to announce that I am one of the few REALTORS® in the entire Vail Valley who is able to market your home utilizing the most powerful online real estate marketing program in America. We will list your property as one of the four Featured Homes in Realtor.com for Beaver Creek, Bachelor Gulch, Arrowhead and Vail. Realtor.com is the nations #1 Real Estate Website and Featured Homes ensures that your home stands out at the top of the search criteria page – linking buyers directly to your property’s details and Kenton’s contact information. Kenton is one of the select few that have made this commitment with Realtor.com. AAss aa ffeeaattuurreedd hhoommee yyoouurr pprrooppeerrttyy wwiillll bbee vviieewweedd oovveerr 2200 ttiimmeess mmoorree tthhaann aa ttyyppiiccaall lliissttiinngg oonn RReeaallttoorr..ccoomm..

OPEN HOUSES: Our brokers can conduct tours and open houses of your property on a regular basis for Realtors and the public. SSF encourages each office to conduct their sales meetings at various listed properties, allowing our sales people to become even more familiar with your property’s features. VAIL BOARD OF REALTORS: All properties are included on the Multiple Listing Service valley –wide system. In addition, each office announces exciting property information through email lists distributed to all brokers and real estate companies throughout the Vail valley. We work extensively with the Vail Board of Realtors to feature all MLS listings on the SSF website. NEWSPAPER ADVERTISING: SSF advertises 52 weeks a year in the Vail Daily. Our full color Real Estate Update appears next to the Mountain Homes and Properties section of the Vail Daily every Sunday and has a week-long shelf life being displayed in strategic locations throughout the Vail Valley. It is also inserted into the Mountain Weekly, a weekly

supplement for subscribers to the Vail Daily and Vail Trail. The “Update” is a full-color magazine style insert that highlights selected properties currently on the market.. NNoo ootthheerr ccoommppaannyy iinn tthhee VVaalllleeyy pprroodduucceess aa ccoolloorr ppiieeccee lliikkee tthhiiss!! The "Update" can vary in length from 12-60 pages, depending on the season. With the number of properties we have for sale, the Real Estate Update is a complete up-to-date look at properties available throughout the Valley from East Vail to Gypsum and even highlights outlying ranches. TELEVISION: SSF is featured four times a week during TV8’s “Good Morning Vail” program. The show is a

live magazine format with four minute interview segments where our brokers can promote a particular property. Another seasonal opportunity for live interviews is on Plum TV’s “morning, noon and night show” on Sundays. Three local programming opportunities featuring individual properties are available to your broker. “The Vail Home Show”, a 30-minute real estate program that airs four times daily on TV8/TV17 and includes some of the valley’s most exclusive properties, and “Inside Edge” – the exclusive SSF Home Show runs three times daily on TV8/TV17. We also have an exclusive affiliation with Plum TV, one of the leading  

Reason #9:  Corporate Marketing  IMAGE: Our clients have made us the largest and most reputable real estate firm in the Vail Valley and we know they are the keys to our success. We actively promote our position in the market through a series of corporate image ads aimed at maintaining our existing client base while continually introducing ourselves to new customers. NEWSPAPER ADVERTISING: We run company ads in the Vail Trail and Vail Daily during peak periods of the year such as Fourth of July week and the winter holiday period. We also participate in national and international newspaper publications such as the Wall Street Journal throughout the year. TELEVISION: Slifer Smith & Frampton runs an extensive branding campaign featuring 30 second commercials and exclusive sponsorships on the local channels of TV8 and Plum TV throughout the year. MAGAZINE ADVERTISING: SSF maintains a consistent presence in several local, national and regional magazines including the Vail/Beaver Creek Magazine, Bravo! Vail Valley Music Festival Program Book, Destination West (the only on-board publication on CME vans), The Vilar Center for the Arts winter program, Residence International, LuxuryRealEstate.com, Rocky Mountain Farm and Ranch and Cordillera Magazine. COMPANY BOOK: As mentioned previously, our unique coffee table book, ELEVATED PURSUITS, provides a glimpse into all of the spectacular communities throughout the Vail Valley and Summit County. Not only will you find beautiful photography, you’ll also find community overviews, new developments and resources for these distinct mountain communities. The public can request their own copy online or they can be found at any of our 18 real estate offices. NEWSLETTERS: SSF creates print and electronic newsletters to keep our buyers and sellers informed about the Vail Valley real estate market, general news, travel information and community updates. The print newsletter is a professional piece produced twice a year and mailed to our broker’s extensive client lists. The E-Newsletter is sent out quarterly via email and contains a wealth of information on the state of the Valley.

SLIFER REPORT: The annual report for the number crunchers. This comprehensive report analyzes the real estate market in each area of the Vail Valley providing expert insight on the trends and statistics. DISPLAYS: Our series display ads are featured in the Eagle County Airport private and public terminals and the Vail Village Parking Structure. Visitors will see the SSF presence in the valley from the airport to the villages with display advertising and our 18 offices. PUBLICITY & PUBLIC RELATIONS: SSF works closely with newspapers and real estate editors creating feature stories about specific properties, projects and events as well as human interest articles about the unique people at SSF. We contract with a professional writer to work with our agents and help us target local publications to feature our listings and current real estate news. CHARITABLE: Slifer Smith & Frampton real estate has a strong commitment to our community. As a company, we contribute to over to over 80 local charities and organizations annually. It is part of our continued commitment to be the learders among our community. We are very proud of our ability to donate to so many charities each year and below is a list of some of the charities that will receive money from SSF:

The American Ski Classic Colorado Ski Museum Snowboard Outreach Society Eagle Valley Family Assistance Fund Vail Mountain School Betty Ford Alpine Gardens Vail Junior Hockey Vail Board of Realtors Vail Breast Cancer Awareness Group Vail Valley Chamber of Commerce The Youth Foundation Vail Valley Soccer Club Vail Symposium Vilar Center for the Arts The Huega Center Beaver Creek Home Tour Meet The Wilderness Gerald R. Ford Amphitheatre Vail Valley Medical Center Gore Range Natural Science School Literacy Project Vail Mountain Rescue Group Resource Center of Eagle County Eagle Care Medical Clinic Eagle River Scholarship Fund Eagle Valley Land Trust The Salvation Army Bravo! Vail Valley Music Festival Vail Valley Charitable Fund Vail Valley Foundation First Descents Habitat for Humanity

Reason #10: Support Systems  TECHNOLOGY: A dedicated intranet system connecting every single member of the SSF team; they will know about your home minutes after you sign the listing contract. The only award-winning real estate website in the Vail Valley, www.VailRealEstate.com, which features cutting-edge technology, offers a virtual window into the Vail Valley. It features up-to-the-minute real estate listings, along with community, local and market information.

EEXXPPEERRIIEENNCCEE •• IINNTTEEGGRRIITTYY •• RREESSOOUURRCCEESS •• PPRROOFFEESSSSIIOONNAALL•• PPRROOVVEENN RREESSUULLTTSS

We have a full-time Information Services support staff charged with the responsibility to constantly monitor and improve this state-of-the-art system, as well as to train and support the SSF team which uses it. This continuous effort maintains SSF as the leaders in new technology for our buyers, sellers and brokers. SUPPORT STAFF: Our seasoned support staff of over 40 professionals ensures that our brokers can focus entirely on you and your real estate needs. CLOSING DEPARTMENT: An experienced member of SSF’s full-time, in-house Closing Department will personally guide your sales transaction from start to finish, providing professional, proficient attention to every detail. MARKETING DEPARTMENT: We spend well over $3 million annually on advertising and marketing, and our own in-house Marketing Department works in coordination with advertising agencies nationwide to provide the best possible media exposure for your home. With the largest marketing presence in the Vail Valley and a comprehensive blend of national and international exposure, Slier Smith & Frampton can expose your home to millions of potential buyers. The dedicated, full-time support staff encompassed in the Administrative, Closing and Marketing Departments allows our broker’s to focus on you.

““BBRRIINNGGIINNGG BBUUYYEERRSS TTOO OOUURR DDOOOORRSS WWIILLLL HHEELLPP UUSS

BBRRIINNGG TTHHEEMM TTOO YYOOUURRSS!!””

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Slifer Smith & Frampton Real Estate the Vail Valley’s dominate Real Estate Company. • LLiisstteedd aanndd SSoolldd mmoorree pprrooppeerrttyy iinn BBeeaavveerr CCrreeeekk tthhaann aannyy ootthheerr BBeeaavveerr CCrreeeekk

BBrrookkeerr.. •• KKeennttoonn hhaass bbeeeenn aawwaarrddeedd aass oonnee ooff tthhee VVaaiill VVaalllleeyy’’ss TToopp BBrrookkeerrss ffoorr oovveerr 2200

yyeeaarrss.. • SSuucccceessssffuullllyy ccoommpplleetteedd oovveerr 550000 ttrraannssaaccttiioonnss within Beaver Creek, Bachelor Gulch,

Arrowhead and Mountain Star and Vail. Kenton & David are familiar with the market history, market trends, demographics, psychographics and all aspects of property ownership, which will benefit you in consummating a transaction.

• Most properties are sold in this market through networking. Our role as a leader in Real Estate in this area has put us in contact with many loyal clients. We use our Book of Business to facilitate many transactions.

• Kenton holds a MMaasstteerrss iinn RReeaall EEssttaattee ((MMRREE)).. • Kenton has earned the coveted CCeerrttiiffiieedd RReessiiddeennttiiaall SSppeecciiaalliisstt ((CCRRSS)) designation

from the Residential Sales Council of the National Association of Realtors. This advanced degree is held by only 4% of all realtors who have developed the skills, knowledge, dedication, and experience to be a CRS. To learn more about the CRS designation visit wwwwww..ccrrss..ccoomm..

• Kenton is a GGrraadduuaattee ooff tthhee RReeaallttoorr IInnssttiittuuttee ((GGRRII)).. This designation is recognized throughout the nation as the standard for Real Estate Professionalism and Knowledge. The GRI designation signifies a dedicated and knowledgeable broker.

• Kenton attended HHaarrvvaarrdd UUnniivveerrssiittyy’’ss GGrraadduuaattee SScchhooooll ooff DDeessiiggnn and completed professional studies in resort development planning and design.

• David holds the e-PRO designation from the National Association of Realtors. This designation is recognized throughout the nation as the standard for conducting business through the use of technology and the internet.

IINNTTEEGGRRIITTYY…… • Kenton and David speak and act with integrity, and there word is impeccable. Both

understand the needs of those they serve and work diligently on their behalf. • Kenton and David’s business strategy is to be completely focused full time on buying

and selling property in Beaver Creek, Bachelor Gulch, Arrowhead, Mountain Star and Vail. They do not try to wear any other hats. They do not list ranches, manage an office or do anything other than create expertise in this market.

• Kenton is a Graduate of the highly respected Central Rockies Leadership. • View our web site at wwwwww..bbeeaavveerrccrreeeekkeessttaatteess..ccoomm and click on testimonials to

review comments from some of Kenton and David’s many references.

RREESSOOUURRCCEESS…… • Slifer Smith & Frampton Real Estate dominated the real estate market in Beaver Creek

again in 2008. • With over 80% of all Buyers using the Internet to research the marketplace before

purchasing real estate, we have focused many resources to create a dominate presence on the world wide web. Kenton has secured premier positioning on Realtor.com (the nations #1 real estate website), Luxuryrealestate.com (the nations leading luxury real

estate website), and Escapehomes.com (The nations #1 second home real estate website). With these affiliations our real estate listings are seen in over 80 major internet portals including Wall Street Journal, Yahoo, AOL, Infoseek, Lycos, MSN, Excite, Homestore, Juno, and Earthlink.

• No one knows a neighborhood better than the people who live there. Kenton lives in Beaver Creek and stays in close contact with the area associations and market trends and David lives right outside the gates of Beaver Creek in Eagle-Vail

• Vail Valley residents for 45 years combined. • Having an office, living and focusing our business within the resort, with the areas

dominant Real Estate Company allows both Kenton and David to have the most networking opportunities, helps service his listings and allows them to keep the pulse of the market. They are both intimately familiar with all the unique aspects of property ownership in the area.

• Kenton is a member of the Beaver Creek Homeowners Association,, which allows him to stay in contact with many other Beaver Creek owners, giving him a unique perspective and an excellent understanding of current issues.

• If you need a service related to Real Estate, chances are we will know the right person to refer you to; whether you need a title company, mortgage banker, appraiser, property manager, contractor, interior designer, attorney or a painter. If it has anything to do with real estate we will know who can help.

SSEERRVVIICCEE…… • Kenton and David are committed to providing service beyond their clients’ and

customers’ expectations • BBootthh KKeennttoonn aanndd DDaavviidd eemmppllooyy aa ffuullll--ttiimmee lliicceennsseedd aassssiissttaanntt ttoo hheellpp pprroovviiddee

aatttteennttiioonn ttoo ddeettaaiill aanndd sseerrvviiccee uunnrriivvaalleedd bbyy aannyy ootthheerr bbrrookkeerr.. WWee aarree hheerree ttoo wwoorrkk ffoorr yyoouu 336655 DDaayyss aa YYeeaarr..

• Kenton and David are easy to contact by direct office line, mobile phone or email. • Kenton and David stay on the cutting edge of technology with a personal homepage on

the Internet, use of electronic organizer, digital camera and virtual property tours, video tours and our new portal page www.beavercreekonline.com.

• Kenton and David have created multiple systems for seamless document flow. • Kenton and David are personal advisors guiding their clients through every step of the

Real Estate process. PPRROOVVEENN RREESSUULLTTSS……

•• SSuucccceessssffuullllyy ttrraannssaacctteedd oovveerr $$660000,,000000,,000000 iinn rreeaall eessttaattee ssaalleess oovveerr tthhee ppaasstt 2200 yyeeaarrss..

• Kenton and David are experienced and skilled negotiators/advocates and will represent your interests well.

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EEXXPPEERRIIEENNCCEE •• IINNTTEEGGRRIITTYY •• RREESSOOUURRCCEESS •• SSEERRVVIICCEE •• PPRROOVVEENN RREESSUULLTTSS

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As the past managing broker of Vail Associates Real Estate, I have had the opportunity to know Kenton Hopkins for over 15 years. I would rank Kenton at the top of his profession locally as well as with any of the people I have come in contact with nationally. He has been one of our top producers year in and year out for our company. Kenton is highly dependable, understands all aspects of the real estate business, and is always abreast of the market. After leaving Vail Associates I returned to the development business. Kenton acted as my listing broker for Elkhorn Lodge in Beaver Creek, which was a 52 unit, $42 million project. During the four years it took to design, build, market, and sell out Elkhorn Lodge Kenton was always enjoyable to work with, always creative, and tremendously instrumental in the successful outcome. I know having Kenton act as ones real estate broker would be an extraordinary value to any transaction. - Dan Fitchett Kenton brings a lot to the table; he is a skilled negotiator, has a thorough understanding of the market, tremendous experience, and a wonderful attitude. We have worked with Kenton on transactions in Beaver Creek, Arrowhead, and Mountain Star. He professionally answered all of our needs and we always knew we could count on him

- Alison & Kim Knapp

gxáà|ÅÉÇ|tÄá We first met Kenton Hopkins in the summer of 1999, via the Internet. After renting condominiums in Beaver Creek for several years, we decided that we would like to consider buying a unit. As we had no previous experience with real estate in the Vail Valley, we needed to find someone who could help us. I visited the Slifer Smith & Frampton web site and selected Kenton, based primarily on his extensive experience and that he actually lived in Beaver Creek. I sent Kenton an EMAIL describing our requirements and asked him if he would be interested in helping us find a home in Beaver Creek. He quickly returned my EMAIL, offering to help and asked a number of questions to help narrow the search. We visited the Vail Valley in August 1999 and met with Kenton several times. We visited about six properties, all of which met our basic criteria. By the end of our five-day visit, we had found our home and made an offer, which was accepted the next day. Kenton did a fantastic job of finding appropriate available properties, helping us analyze our options, and assisting us in executing the transaction. We found the entire process to be highly professional and very efficient. Although we loved our new home in Beaver Creek, we found that we needed more space. Our daughter had decided to attend a university in Colorado and would, no doubt, be a frequent visitor along with friends. Again, we asked Kenton to help us find a larger home. During a visit to Beaver Creek in July 2000, Kenton showed us about six properties that he thought would meet the specific criteria that we had developed. By the end of the day, we had found the perfect home, made an offer, and arranged for our other unit to be listed. We were able to close on our new home by the end of the summer and our other home was sold in December 2000. Again, Kenton made the whole process of buying and selling very efficient and hassle free. Kenton is the consummate professional, who has an extensive knowledge of the local real estate market, the ability to analyze the client’s requirements, and a superb attention to details. The net result is a very efficient use of the client’s time. We couldn’t be more satisfied with our experiences with Kenton Hopkins and would highly recommend him to anyone seriously interested in Beaver Creek real estate. - Bob & Kathy Bond

gxáà|ÅÉÇ|tÄá Having just closed on the sale of our house in Arrowhead, I wanted to say thank you to you and David for another great job on this transaction. You guys took all the pain and worry out of getting the house sold, and I really appreciate that. From taking responsibility for finding and supervising someone to make all the necessary repairs, to finding a shipper to pick up and ship personal effects to my home, right down to finding and supervising someone to do a final clean of the house, you took care of all the details. I never felt the need to be in Colorado to be sure everything was taken care of and the property was in condition for the purchaser to take possession. Thanks for making this a smooth process for me.

Thanks also for the consistency. This being the third property I have purchased, and then sold, it is the sixth transaction you have handled for me. In every one of the transactions, the results were the same -- every detail professionally managed so that each transaction was painless and worry free. Not only have you been a good friend, but you have also be a real professional, and it has been a pleasure doing business with you. There is no question who I will go to when I begin looking for my next property.

Kent, if you ever are looking for someone who can be a reference for you in your business, please feel free to give my name and number. People with your level of professionalism, and your integrity are hard to find. Thanks again for all you have done.

- Terry Scott, President, CEO, Director Airimba Wireless

gxáà|ÅÉÇ|tÄá There is a difference in the Broker you choose. Throughout the sales process Kenton counseled us. We give him the highest marks in every category. He was a joy to work with and we highly recommend his services.

- Bob and Elain Brotman

We first worked with Kenton more than 15 years ago. He has a tremendous knowledge base of the Beaver Creek area and showed us only those specific properties that met our requirements. His easy-going personality kept us relaxed through a lengthy negotiation process. After the contract was executed, Kenton provided even more service, including personal property inspection, a written review of our new neighborhood, a listing of potential service providers, and even proposed introductions to our new neighbors. We heartily recommend Kenton to anyone buying or selling property in the Vail Valley and will certainly use him for any future transactions. - Rod Riggins, Senior Vice President, U.S. Trust - Phyllis Riggins, Managing Director, Bank of America Securities

Kent is one of the most competent professionals I’ve ever dealt with. He took the time up front to get to know us and fully understand our needs and wants. He was efficient with our time showing only houses that were reasonably close to our target. He helped us thoughtfully make a decision and then negotiated a favorable price and other terms. He anticipated and followed up on every detail not only with the transaction but also in helping line up service providers post-sale. And he has even been extremely helpful in getting us settled in our new area. Thumps Up! He’s more than a broker. He’s a friend. -C. Ray Holman, Chairman of Mallinckrodt, Inc., St. Louis, MO

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It is with great pride that I endorse Kenton Hopkins. As President and Chief Operating Officer of The Chateau Development in Beaver Creek Resort, I was introduced to Kenton by Vail Associates Chairman of the day Mr. George Gillett as one of his top real estate brokers with specifically strong abilities in marketing quality products. It did not take long for Kenton to rise to the task of a listing broker and to gain my full confidence. Kenton developed and implemented a full comprehensive marketing and sales strategy for our 70 unit $90,000,000 development. This project was very unique in that no other development in the Vail Valley previously had offered such a high level of quality and service. Kenton accepted the challenge and executed his task with great professionalism and more importantly for myself integrity before all accounts. He was always able to provide knowledgeable guidance with respect to trends in the ever-changing real estate and construction industry. I would with great respect encourage you to consider the real estate services of Kenton Hopkins. I can assure you he will serve your needs with distinction. - Sincerely, Stephen J. McCasey, Director of Architecture and Development, Magna International Inc.

gxáà|ÅÉÇ|tÄá Now that we have finished the remodeling of out town house in Beaver Creek, I wanted to thank you for all of your help in the purchase and remodeling of our new mountain home. As a Boston and Martha’s Vineyard based residential architect, in practice for over thirty-three years, I truly appreciate the insight and professionalism that you have provided. Specifically, in our search, purchase and subsequent rehabilitation of our Meadow’s Town House. Your in depth market review and ability to zero in immediately on our goals and objectives for our mountain home, all thru e-mail was superb! Your recommendation for our general contract, Heid Construction was equally a great experience, as well as arranging for us to work with DJ Vaughn of East West Management. Also your help with Sue Brandl in becoming family members of the Beaver Creek Club will add many years of additional enjoyment for our family. All in all, your ability to make the process of creating a mountain home for us was seamless and a wonderful, first rate experience. We can’t thank you enough. - Sincerely, Patrick and Marsha Ahearn, Ahearn / Schopfer Associates

gxáà|ÅÉÇ|tÄá I just wanted to follow up with a note to say thanks for a job well done in handling the purchase of our condominium at The Chateau Terrace. You and David did a great job of educating us on the marketplace and bridging the buyer and seller expectations on this transaction. Also, many thanks for your recommendation of local counsel. She did a great job. Please feel free to use me in the future as a reference for any potential clients. - Sincerely, Donald A. Smith Chairman & Chief Executive Officer Jupiter

Realty Corporation Tracey and I are very pleased with the effort that you and David have put into listing our residence at the Kiva in Beaver Creek. Lots of folks talk a good game in this business but you have been one of that very rare breed that actually keeps a commitment. We appreciate your work and hope it leads to a quick sale. - All the best, David Bentley

gxáà|ÅÉÇ|tÄá Susan and I wanted to thank you again for your help in our purchase of the unit in the Meadows in Beaver Creek. From our first meeting in Beaver Creek through our successful conclusion of the transaction, you did a tremendous job for us. Your knowledge of the market, your attention to detail, and your responsiveness in handling all aspects of the purchase were outstanding, and we are grateful for your expertise and your hard work on our behalf. Most importantly, Susan and I appreciated working with someone that we could trust. Trust s always the most important factor in a relationship with a realtor, especially since we were handling the transaction from Florida. Your actions consistently showed that you had our best interests in mind, and you earned our trust at every step of the process. We are looking forward to our new home in Beaver Creek! With that said, if our needs ever change in the future, you will be our first and only call. Thank you so much for your help, and we look forward to seeing you again on our next trip to Colorado. - All the best, John T. Touchton Jr., Principal of Bayshore Capital Advisors

As we make plans to spend our first holiday season in our Beaver Creek townhome, we want to thank you for all your help and advice. With three competing offers the first day on the market, your advice on structuring our offer most certainly helped us be the winning bidder. It was truly a team effort, and your years of experience showed. Even more so, we appreciate all the great tips you have given us after the sale. Thanks and have a great Christmas, - Pat & Carolyn Lynch, President of Chicago Equity Partners

EEXXPPEERRIIEENNCCEE •• IINNTTEEGGRRIITTYY •• RREESSOOUURRCCEESS •• SSEERRVVIICCEE •• PPRROOVVEENN RREESSUULLTTSS

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The Marketing of your home is most successfully accomplished by employing two strategies; Retailing the property to the ultimate buyer and wholesale exposure to the brokerage community. Our marketing campaign effectively addresses both strategies.

RREETTAAIILL MMAARRKKEETTIINNGG SSlliiffeerr SSmmiitthh && FFrraammppttoonn CCaassttss TThhee WWiiddeesstt NNeett OOvveerr TThhee MMaarrkkeettppllaaccee.. At Slifer Smith & Frampton we spend well over $$33 mmiilllliioonn ddoollllaarrss each year on marketing to insure that your home is potentially seen by over 334400,,000000 ppeeooppllee eevveerryy mmoonntthh!! We are committed to maximizing the exposure of your home in all of Slifer Smith & Frampton collateral materials.

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• It will be nearly impossible for a prospect to use the Internet to search for Vail/Beaver Creek Valley Real Estate and not be exposed to your property.

• Your home will be included in Slifer, Smith & Frampton Real Estate Internet campaign which receives over 50,000 unique visitors each month (www.vailrealestate.com and www.slifer.net).

• Property will be included in REALTOR.com as a Showcase Property and rotated as one of Vail and Beaver Creek’s Featured Properties.

• Property will also be featured in luxuryrealestate.com (Leading Luxury Home Website), escapehomes.com (#1 Vacation Homes Website), WSJ.com (Wall Street Journal.com) and LuxuryPortfolio.com. Additionally, your home will be featured in the real estate section of over 80 leading Internet Portals including AOL, Yahoo, MSN, Excite, Homestore, Infoseek, Earthlink, and Lycos.

• www.beavercreekestates.com: I have literally thousands of prospects who I stay in touch with on my own personal website which will also feature your property.

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• We will rotate your property as one of our Feature Homes in Realtor.com for Beaver Creek, Bachelor Gulch, Arrowhead and Vail. As a Featured Home your property is seen first and viewed over 20 times more than a typical listing on Realtor.com.

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• Vail Daily Real Estate Update: Constant placement in The Vail Daily Real Estate Update during the winter, and summer seasons. This is the only of its kind and is distributed to over 20,000 people every week. No other company in the Vail Valley produces a full color piece like this.

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• We will arrange for a professional photographer to take several photos of your home to insure the highest quality reproduction for the various media uses that Slifer Smith & Frampton employs.

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• We will produce up to five Virtual Tours of your home which will be featured on

vailrealestate.com, realtor.com and escapehomes.com. Market research shows that many of today’s homebuyers will only look at a property that features a virtual tour. With 83% of homebuyers using the internet to research real estate we want them to see yours.

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• Full Color Custom 30 Page Brochure. (Sample Included) • This brochure will be available in hardcopy or email form for distribution to

prospective buyers. • A floorplan of your home will be included when available to accompany the

brochure as well as a Satellite Image showing your property’s location within the resort.

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• In an increasing global marketplace, where will the buyer for your home be found? While real estate by nature is local, the market for your home is actually global. This is where Who’s Who in Luxury Real Estate (www.luxuryrealestate.com) offers tremendous advantages. Who’s Who in Luxury Real Estate is the leading luxury real estate website in the world with better rankings than Christies and Sotheby’s receiving over 140,000 visitors per month. Slifer Smith & Frampton is the exclusive Board of Regents member for Eagle County, therefore all of our properties are displayed first before any other companies listings.

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• In addition to our presence on local programming channels and our exclusive

relationship with PLUM TV, we have a 30-second advertisement promoting Slifer Smith & Frampton which runs on CNBC, ESPN, CNN, CNN Headline News, and Fox News. Bringing buyer’s to our doors brings them to yours.

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• With over 20 years of engaging fulltime in the Real Estate business in Beaver

Creek, Bachelor Gulch and Arrowhead Kenton has an extensive list of prospects and referral sources. He often sells his own listings and will make every effort to sell your property himself.

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• Many transactions are created in this market via networking. Kenton stays up to

date with which brokers in the area have clients for his listings and makes every effort to assure they see his property listings. Kenton then works to help the prospect understand the properties uniqueness and potential relative to the buyer’s personal needs and requirements.

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• Open Houses for brokers to become familiar with property. To be arranged as quickly as possible.

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• Property will be submitted into the Vail Multiple Listing Service. Every member of the Vail Board of Realtors will be able to immediately access specific information for your property. The MLS will also send out an email to all clients in their database who are interested in a home similar to yours.

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• Property listing information will be disseminated immediately and regularly to the entire Vail Valley Brokerage Community (over 700 brokers) keeping your property fresh in the minds of the local area brokers.

IINNTTEERRNNAATTIIOONNAALL MMAARRKKEETTIINNGG

EEXXPPEERRIIEENNCCEE •• IINNTTEEGGRRIITTYY •• RREESSOOUURRCCEESS •• SSEERRVVIICCEE •• PPRROOVVEENN RREESSUULLTTSS

DDiissccrriimmiinnaattiinngg cclliieennttss ccoommee ffrroomm aarroouunndd tthhee wwoorrlldd ttoo vviissiitt VVaaiill,, BBeeaavveerr CCrreeeekk,, BBaacchheelloorr GGuullcchh aanndd AArrrroowwhheeaadd.. As the leaders in Colorado mountain real estate, Slifer Smith & Frampton maintains the local expertise, matched with global exposure that these clients expect. Slifer Smith & Frampton carefully selects the largest and most powerful worldwide real estate affiliations. These connections, through the Luxury Real Estate Network (www.luxuryrealestate.com), The Leading Real Estate Companies of the World (www.leadingre.com) and Luxury Portfolio (www.luxuryportfolio.com), provide unmatched international exposure and the most important referral network with the best of the best. Additionally, an exclusive relationship with ultimate luxury real estate magazine, Residence International (www.residenceluxuryhomes.com), provides a powerful marketing channel for the finest homes. Slifer Smith & Frampton also fosters strategic partnerships with Vail Resorts and East West Partners, which provide exclusive development and marketing opportunities. Ass Slifer Smith & Frampton’s strong affiliations to a long list of the most elite brokers, incredible office locations, award-winning marketing and technology, and a full-time closing department, and one begins to see the legacy of 40 years of excellence.

IInn 22000077 SSlliiffeerr SSmmiitthh && FFrraammppttoonn’’ss wweebbssiittee hhaadd oovveerr 11,,000000,,000000 vviissiittoorrss ffrroomm oovveerr 112200 ccoouunnttrriieess.. The countries with the most visitors outside of the United States included; Australia, China, Canada, Mexico, Western Europe, United Kingdom and Switzerland. We hold the number one position for ‘Vail Real Estate’ not only in the United States but also on Google.com in countries around the world including China, United Kingdom, Spain, France, Germany, Mexico, Brazil, Italy, Netherlands, etc. Our international designation as the leading brokerage in Eagle County with TThhee BBooaarrdd ooff RReeggeennttss, an exclusive network of the world’s most elite luxury real estate brokers, can provide the most powerful national and international exposure for our listings that no other company can provide. We are recognized by WWhhoo’’ss WWhhoo iinn LLuuxxuurryy RReeaall EEssttaattee, an independent compendium of the world’s most prestigious brokerage houses.

LLuuxxuurryy PPoorrttffoolliioo aallssoo rreepprreesseennttss tthhee mmoosstt lliissttiinnggss iinn tthhee UUSS oovveerr $$11,,000000,,000000..

LLuuxxuurryy PPoorrttffoolliioo –– 99,,221133 Sotheby’s Realty – 6,158 Christies Great Estates – 4,900 Our affiliation with LLuuxxuurryy PPoorrttffoolliioo, the flagship program with TThhee LLeeaaddiinngg RReeaall EEssttaattee CCoommppaanniieess ooff tthhee WWoorrlldd (formerly RELO), allows unprecedented international exposure for our listings. Luxury Portfolio represents over $26 billion in available real estate with the average property priced just over $2 million dollars. Slifer Smith & Frampton is also the only Vail Valley affiliate for RReessiiddeennccee MMaaggaazziinnee, a national high-end luxury real estate magazine composed of listings from the top brokerage firms throughout the country. This publication allows us to reach these brokerages and their top-qualified buyers.

Slifer Smith & Frampton Real Estate is a proud member of the Advisory Board of Leading Real Estate Companies in the World.

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January 2008 Statistics

• The most visited luxury real estate website in the world

• Over 400,000 visitors in January • Top Countries

United States – 347,107 Canada – 7,872 Australia – 4,055 Italy - 2,855 United Kingdom – 2,642 France – 1,939 Singapore – 1,028

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TThhee IInntteerrnneett aanndd WWeebb PPllaacceemmeenntt tthhrroouugghhoouutt tthhee WWoorrlldd!!

MMAARRKKEETTIINNGG EEXXAAMMPPLLEESS

EEXXPPEERRIIEENNCCEE •• IINNTTEEGGRRIITTYY •• RREESSOOUURRCCEESS •• SSEERRVVIICCEE •• PPRROOVVEENN RREESSUULLTTSS

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