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Email: Chris
“Specializing in Multi-Family Property in Dallas/Ft. Worth Since 1991”


Lowdon Realty is Well Suited to Sell Your Multi-Family Property
Because of EXPERIENCE

Thank you for inquiring about Lowdon Realty's services. This page provides my credentials for marketing your property, a marketing plan for the property, and client references.

My Credentials for Marketing Your Property
" Record high prices obtained: I have obtained record high prices on multiple properties by accessing my extensive base of buyers, applying my substantial experience as an owner, broker, and banker, and by professionally marketing the properties.
" Extensive market knowledge and ownership experience: I'm not just a broker; I have ownership experience with apartment properties, enhancing my credibility with buyers and sellers. I have invested in several apartment properties in East Dallas since 1991. My focus has been brokering multi-family properties since 1998.
" My experience financing real estate: In addition to investing in and brokering apartment properties, I spent 17 years in commercial banking in Dallas including 11 years with JP Morgan Chase Bank where I was a Senior Vice President in Commercial Banking. I have provided over $500 million of commercial loans to businesses and real estate developers on projects including office buildings, retail centers, and apartment projects in five states.
" Aggressive marketing: I'll provide extensive advertising and execute the marketing plan set forth below:

Marketing Plan
1) Buyer Contacts: I have relationships with and a database of most of the major real estate owners (and many of the smaller ones) in the Dallas/Ft. Worth area and will contact the appropriate ones as well as out-of-state buyers, including many California buyers who have purchased properties through me.

2) Quality Brochure: I produce an attractive flyer including good quality color photographs, well-written text, and cogent financial analysis.

3) Web Sites: Your property will be advertised on the worldwide web on web sites including LoopNet, reportedly the largest and most visited site for commercial property listings, on the web site for the North Texas Commercial Association of Realtors, and on Realtor.com.

4) Advertising: I will spend substantially on advertising including mailing quality color flyers to owners and buyers of commercial properties in the north Texas area, advertising in area newspapers, and, if necessary, in national publications such as the Wall Street Journal as well as other cities' newspapers (e.g., San Francisco Chronicle, Los Angeles Times, and New York Times). I've had repeated success marketing to California buyers.

5) Multiple Listing Service: While it is not the most appropriate advertising tool for commercial properties, MLS is nonetheless used by many buyers and realtors who represent buyers.

6) Marketing Package: I provide prospective buyers with a folder containing:
a. Quality brochure.
b. Selected sales comparables.
c. Information about the area.

7) National and Area Brokers: I network with national firms such as Marcus and Millichap, CB Richard Ellis, and Hendricks and Partners. My contacts also include area brokers (e.g., Cantrell and Perry Guest) to whom I email and distribute flyers, focusing on those who are top producers in the area like me. Because I'm an independent broker, I devote much more of my time to selling your property than the large national firms who have many more listings.

Client References
My clients will be happy to provide you details on the top prices I've obtained for them:

" J.T. Rogers (214)522-9993. I represented J.T. on several transactions over the past five years, including the sale of his 48-unit Rivercrest Manor Apartments in Ft. Worth for a record high price per unit for a 1960's property.

" Dave Bjelde (940)594-1440. The several transactions I've handled for Dave over the past few years include the recent sale of his 111 units in East Dallas/Fair Park for a very high price per unit for its neighborhood (to a California buyer).

" Kevin Huynh (214) 954-0715. After selling Kevin's 30-unit property in Oak Lawn in 2005, I closed the sale this year of his 22-unit property in north Dallas. Both sold for very high prices per unit.

" Henry Grey (214)384-7070. I recently sold Henry's 60 units in the Desoto/Lancaster area, again for high prices per unit relative to their age and location.

Lowdon Realty would market your property aggressively and professionally, and with minimal disturbance to your managers and tenants. I look forward to visiting with you and learning more.

Sincerely,
Chris Lowdon
Lowdon Realty