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Page 1: Fall Line Realty Listing Presentation

WWW.JAC KS ONH OLEBR OKER S .COM

Page 2: Fall Line Realty Listing Presentation

PAUL KELLY, Associate Broker, GRI

(307) 690-7057 • (307) 732-7540 • [email protected]

An area resident for 19 years, Paul came to the Tetons after graduating from the University

of Washington in 1996. Paul entered the real estate business in 2001 and now has 14 years

experience in the local market. A Top Producer for 2 different local real estate companies from

2004-2007, recipient of the Jackson Hole Real Estate Associates Rock Star Award 2013-2014,

Treasurer of the Teton Board of Realtors from 2005-2009, Past Board member of the Teton Valley

Rotary, Teton Valley Rotary Rotarian of the year 2009 and founder of the Teton Valley Foodbank,

Paul places emphasis on leadership and philanthropy, as well as success as a Broker. During

his time in the real estate business, Paul has achieved success working in all facets of our local

market, including residential, commercial development and vacant land sales. While experiencing

success in assisting his clients with all aspects of buying and selling real estate, Paul most enjoys

the process of building lasting relationships with his clients.

FALL LINE REALTY GROUPThe Fall Line Realty Group offers three full time real estate professionals available seven days a week, providing superior

service, attention and communication. Our team has over 25 years of collective experience in Jackson Hole, WY and Teton

Valley, ID real estate.

IAN SINCLAIR, Sales Associate, GRI

(307) 690-1383 • (307) 732-7494 • [email protected]

With nearly eighteen years of proven Real Estate sales experience, Ian prides himself in providing

his Buyers and Sellers the performance driven results they expect and deserve. He began his

career working as a Sales Associate for Real Estate of Jackson Hole in 1997. In 1999 Ian left

Jackson to pursue a job opportunity with a corporation based in Vancouver, BC where he was

the accounts representative from 1999-2001. Upon returning to Jackson in 2001 he worked for

Sotheby’s International Realty in a partnership with Victoria Springer, a top producing Broker. In

2004 Ian rejoined Real Estate of Jackson Hole, based exclusively at their Snake River Lodge & Spa

office location in Teton Village. In 2011 he became part of the Jackson Hole Real Estate Associates

team. Originally from Malibu, CA, Ian earned a bachelor’s degree in Environmental Studies from

the University of California at Santa Barbara in 1996. He’s a father, an outdoor enthusiast and

enjoys many of the activities that bring people to Jackson Hole. Current market analysis, trends

and sales history all play critical roles when making a decision to purchase a property. You can

be assured that Ian will provide all the information and tools necessary to make that decision a

reality.

Page 3: Fall Line Realty Listing Presentation

BRICE NELSON, Sales Associate

(208) 313-5269 • (307) 732-7545 • [email protected]

After graduating from the University of Kansas, Brice Nelson moved to the Tetons in 1993 in

search of rugged hills with deep powder. Soon after, he purchased an iconic Victor restaurant, The

Knotty Pine Supper Club, and has owned this flourishing locale ever since. An avid skier, music

enthusiast, and lifetime member of Trout Unlimited, you can catch Brice in the tramline or on the

water. Brice lives in Victor with his wife, Whitni and his three sons, Dakota, Elijah and Cedar, where

he tends his greenhouse gardens for seasonal farm-to-table fare. Brice’s enjoys sharing his back-

of-the-hand knowledge with those looking to experience life in the Tetons.

FALL LINE REALTY GROUPThe Fall Line Realty Group offers three full time real estate professionals available seven days a week, providing superior

service, attention and communication. Our team has over 25 years of collective experience in Jackson Hole, WY and Teton

Valley, ID real estate.

Page 4: Fall Line Realty Listing Presentation

SERVICE & EXPERIENCE• We offer a team approach which means that someone is always available and

accessible during and after business hours, seven days a week.• Jackson Hole Real Estate Associates offers access to the valley’s oldest and most

established appraisal company and the most comprehensive real estate database in the region.

• The Fall Line Realty Group offers three full time real estate professionals available seven days a week, providing superior service, attention and communication. Our team has over 25 years of collective experience in Jackson Hole, WY and Teton Valley, ID real estate.

• We are knowledgeable in all markets including residential, resort properties, investment properties, vacant land and commercial/real estate development opportunities in both Teton Valley, Idaho and Jackson Hole Wyoming.

• As members of the Teton County Multiple Listing Service, we are able to show you all available properties in our area that meet your criteria.

• Jackson Hole Real Estate Associates is the largest locally owned and operated firm in the region and is founded on our continued commitment to provide the finest services to our clients and customers.

• Christie’s International Real Estate is the largest network for independent real estate brokers worldwide. Combined annual sales volume for Christie’s affiliates is approaching $100 billion in real estate sales.

MARKETING• We design an individualized marketing plan for every property.• Our comprehensive marketing program includes: websites, local and regional print

media, photography, brochures flyers, and direct mail.• We have an extensive online advertising presence.• As exclusive affiliates of Christie’s International Real Estate in Idaho and Wyoming,

our clients benefit from the marketing strength of the Christie’s luxury brand which is the largest worldwide marketing network of independent real estate brokers generating annual sales of $100 billion.

WHY FALL LINE REALTY GROUP

Page 5: Fall Line Realty Listing Presentation

Fall Line Realty Group has a broad breadth of experience successfully completing transactions across all market segments. Through all price ranges in our market, from residential to commercial, Fall Line Realty Group has the track record to properly represent and market your property. With 35 years of combined experience in our market place, Fall Line Realty Group has comprehensive knowledge of our real estate market and the many facets of our community.

WE SELL EVERYWHERE

Town, E Jackson, Rafter JCottonwood ParkNorth of JacksonTeton VillageSpring Creek RanchWilderness

Fall Creek RoadRiver MeadowsWilsonSkyline RanchGros Ventre NorthTeton Pines

AspensJohn DodgeBar B BarJackson Hole Golf and TennisLove Ridge/Snow KingTeton Springs

SolitudeGranite RidgeCommericalTeton Valley, IDStar Valley, WYAlta

Page 6: Fall Line Realty Listing Presentation

45,000 sq. ft. commercial lot 3 blocks from Jackson town square. Future home of 93,000 sq. ft. Marriott hotel opening in 2016.

FALL LINE REALTY GROUP SIGNIFICANT SALE

Page 7: Fall Line Realty Listing Presentation

Moving our young family from MI to Teton Valley, ID was an exciting but scary time for us! With limited people to turn to here, Brice and Paul stepped up and became our eyes and ears on the ground. The attention to detail in making sure it was a smooth process was impressive and appreciated. Not only did it remove some of the stresses associated with such a move, it actually gave us a sense that we were in good hands that and our interests were protected. Thank you Fall Line Realty & JHREA for making truly help making our dreams come true. We love our new home and more importantly, the community in which we now call home.

– Drew Orlando, Victor, ID

TESTIMONIALS

We wanted to express our sincere thanks to you and your staff for selling our house in Alta. Your professionalism and knowledge of the local market was instrumental in completing the transaction in a timely manner. We will recommend you to all of our friends.

- Bruce and Kathy Ecklund Cody, WY

Fall Line represented me as my agent during the recent short sale of my property. A huge amount of work is required to complete the steps in the process and provide needed documentation. Paul took care of every detail. I can recommend them without reservation.

- Jerry Edgington, Bountiful, UT

We are very fortunate to have chosen Paul as our realtor. As first time homebuyers, he was a tremendous help in advising us through the process. We always felt as if we were his top priority. Our new home is a perfect fit for us, and we have Fall Line to thank for it.

- Lindsay & Dan Sanders

Paul proved to be very knowledgeable and extremely responsiveness when we were looking at purchasing a second home in Teton Village. He took the stress out of buying from 1500 miles away. We would highly recommend him.

- Keith B. and Anna D.

Ian, through your assistance and thorough knowledge of the Teton Village market we were able to make a smart choice in buying one of the Granite Ridge Lodges. Dollar for dollar you showed us how this property stacked up against others in the marketplace. Given all the things we were looking for you were absolutely correct. You handled the negotiating process professionally and amicably even when the going got a little difficult. You’ve continued to stay in touch and follow up even several years after our purchase, a touch we really appreciate.

– Bill O’Gara, San Diego, CA

Page 8: Fall Line Realty Listing Presentation

WHY LIST WITH US

1. We will provide you with the most accurate, in-

depth data in the Jackson Hole market, helping

us value your listing accurately. With that value in

mind, we will then price it according to your needs.

“We know the market better than anyone” because

of our extensive database comprising nearly all of

the real estate transactions over a span of more

than 40 years.

2. We will research your property – from water rights

ownership or upcoming assessments, down to a

leaky faucet or squeaky door – to learn about and

solve problems before they get in the way of a

prospect’s written offer and sale of your real estate.

3. We will feature your property on our company

website www.jhrea.com which receives over 15,000

visits a month, 500 per day. With aggressive web

presence and ongoing search engine optimization,

we make sure Buyers can quickly find your

property on the internet.

4. We will conduct open houses to expose your

property to the local Realtors, one of the most

valuable means through which to show off your

property and find a buyer.

5. We will market your property through the Teton County Multiple

Listing Service (MLS), exposing your listing to over 500 agents in

the region who can help us find a buyer.

6. We will produce an in-house, color brochure for your property and

make it available in our brokerage, on the web, and in high-traffic-

area brochure boxes throughout Jackson Hole.

7. We will advertise your property in the Jackson Hole News

and Guide and the Jackson Hole Daily, by far the most widely

distributed print media in Jackson Hole and the entire region.

8. We will announce your property to hundreds of actively searching

buyers via our daily email real estate search engine: The Jackson

Hole Market Watch.

9. We will advertise and showcase your property on Realtor.com, and

many other highly trafficked websites throughout the region and

the world.

10. Since teaming up with ListHub.com, your listing will automatically

feed to over 40 real estate websites across the world-wide web.

We do more to get your property sold for the highest price and in a professional

and timely manner. We are a company driven to provide excellent service to our

clients and customers and we welcome the opportunity to add you to our long

list of successful relationships.

Page 9: Fall Line Realty Listing Presentation

UNMATCHED REAL ESTATE DATABASE

We maintain the most accurate and up-to-date

database on all real estate activity in Jackson Hole.

With 40+ years of data at our fngertips, we can track

the trends and help guide achieve your goals.

UNIQUE DAILY REAL ESTATE BROADCAST

We maintain the only daily real estate computer search

that emails hundreds of buyers the day your property

is listed, giving them quick access to photos and

information about your property.

IMAGESURGE

We have an exclusive partnership with imageSurge

to provide an interactive real estate storefront. This

cutting-edge technology enables consumers to search

and view listings from outside our office storefront

using through-window, touchscreen technology.

SPONSORSHIPS

Jackson Hole Real Estate Associates is a committed

member of the communities we serve. We are proud

sponsors of Old Bills, Jackson Hole Wine Auction and

the Centennial Celebration to name a few. Through

these sponsorships we gain a competitive advantage

while giving back to the areas we celebrate. Jackson

Hole Real Estate Associates owners and affiliated

brokers have contributed well-over $1 million dollars

and 10,000 hours to Jackson Hole non-profits to date.

HIGHLY EFFECTIVE PRINT MARKETING

CHRISTIE’S INTERNATIONAL REAL ESTATE MAGAZINE: Rich with

striking photography, elegant design, and engaging descriptions, the

Christie’s International Real Estate magazine is a keepsake publication.

Produced four times a year, the magazine reaches approximately one

million readers annually. A targeted mailing list ensures that each

issue is sent to individuals of exceptional means, including the world’s

wealthiest homeowners, international entrepreneurs, business leaders,

and celebrities

CHRISTIE’S INTERNATIONAL REAL ESTATE BROCHURE PROGRAM:

Crafted for select estates, visually rich property brochures are

distributed to over 350 cities in 40 countries for prominent display in

Christie’s salerooms and many of the more than 1,000 global offices

of the affiliated real estate brokerages. Artful and alluring with superb

production values, brochures articulate the splendid amenities and

uncommon lifestyle opportunities presented by the properties. A

custom direct-mail campaign to a carefully selected list of potential

homebuyers is also available.

JHRE ASSOCIATES CATALOGUE: Published twice annually, this

catalogue features a comprehensive listing of JHRE Associates active

inventory. Annual circulation is over 100,000 in both digital and print

media.

JACKSON HOLE NEWS & GUIDE: JHRE Associates offers guaranteed

placement on the back page of the Weekly JH News & Guide in the

“Valley” section, reaching 4+ million of visitors a year.

BROCHURES: We produce full color brochures to distinguish your

property from the competition.

MARKETING

Page 10: Fall Line Realty Listing Presentation

CHRISTIE’S INTERNATIONAL REAL ESTATE

Christiesrealestate.com is one of the most popular

luxury real estate sites in the industry. With an average

price for a property listing on the site over $6.0

million, and monthly visits averaging 122,000 and over

54% international visitors, our listings are viewed by

qualified buyers from all over the world.

JHREA.COM

JHRE Associates website consistently places in the top

three of organic search results through Google, Bing

and MSN. All JHREA listings are uploaded to our top

ranked network of web sites that generates over 5,000

visits a month.

SOCIAL MEDIA

We actively participate in several social media

networks including Facebook, Pinterest, Instagram,

Twitter, Google+, LinkedIn and Vimeo. These platforms

allow a unique opportunity for us to engage clients,

drive brand awareness and increase our sphere of

influence.

REALTOR.COM

Jackson Hole Real Estate Associates are Showcase

advertisers for all our listings on Realtor.com “The

World’s Most Visited Real Estate Web Site”

PROXIO

JHREA is proud to be the only local member of this international mls

service. Today’s homebuyers and sellers are more diverse than ever

before. According to the National Association of Realtors, foreign

buyers purchased $82 billion of U.S. residential real estate in 2011.

In response to this multicultural trend, Jackson Hole Real Estate

Associates is proud to affiliate with Proxio, Inc., whose global

marketing and networking platform authentically translates real

estate listings into 19 languages so brokerages and agents can serve

clients better. “Proxio’s mission is to bridge geographic and cultural

borders, enabling agents to extend their reach and increase their

service levels,” said Janet Case, CEO and co-founder of Proxio. “Top

real estate firms recognize that Proxio’s services fill an important

multicultural marketing gap, and are taking full advantage of the

opportunity to distinguish themselves from their competition.”

Brokerages that license Proxio services for listing translations on their

public websites also gain access to an exclusive professional network

of over 450,000 real estate agents in 115 countries, including members

of over 40 national real estate associations on 6 continents. Proxio’s

global real estate network is unique in exposing brokers’ listings in

other markets and providing a system by which agents can connect

with other agents on a global level. www.proxio.com

DIGITAL MARKETINGOver 90% of homebuyers begin their search online. Jackson Hole Real Estate Associates offers the most comprehensive

online marketing presence for our listings of any real estate company in the region. Our online presence is unparalleled.

Page 11: Fall Line Realty Listing Presentation

WALL STREET JOURNAL

Christie’s International Real Estate has teamed up with

the Wall Street Journal in an effort to further their

advertising initiatives. Being an affiliate of Christies

affords JHREA the luxury of having all our company

listings automatically uploaded to WallStreetJournal.

com, reaching millions across the globe. Visit the

exclusive real estate website of the Wall Street Journal

at www.RealEstateJournal.com.

ROBB REPORT

The Robb Report not only showcases the products

and services available from the most prestigious

luxury brands around the globe, but it also provides

its sophisticated readership with detailed insight

into a range of these subjects including, sports and

luxury automobiles, yachts, real estate, travel, private

aircraft, fashion, finejewelry and watches, art, wine,

state-of-the-art home electronics and much more.

Connoisseurs seeking the very best that life has to

offer, The Robb Report remains the essential luxury

resource. Visit www.RobbReport.com or the exclusive

real estate website of The Robb Report at www.

ExceptionalPropertiesOnline.com.

COUNTRY LIFE MAGAZINE

This UK based magazine publication features luxury real estate from

around the globe and is the premiere website for luxury property in

Europe. Visit the website at www.countrylife.co.uk.

LUXURY PROPERTIES MAGAZINE

Luxury Properties Magazine is an upscale, stylish, bilingual magazine

(available in English and simplifed Chinese) for the high-end buyer

looking for outstanding properties for sale in the Asia-Pacifc region,

as well as in the most attractive real estate markets worldwide. Visit

the website at www.lp-luxuryproperties.com.

MULTIPLE LISTING SERVICE (MLS)

As a member of the Teton County Multiple Listing Service, your listing

is exposed to over 500+ agents in Jackson hole and the surrounding

areas.

JHPROPERTYGUIDE.COM

This is a well respected, local Real Estate source that includes all our

company listings, as well as recent blogs and relevant news about our

industry.

LISTHUB.COM

JHREA has joined the #1 Network for listing distribution on the web.

All properties listed with us with automatically feed to over 40 real

estate websites.

DIGITAL MARKETING (CONT.)

Page 12: Fall Line Realty Listing Presentation

Listhub is the industry’s most

extensive online marketing

program. Here are all the

websites where your property

will be submitted, and many of

these have extended networks

as well, resulting in exposure to

almost 900 different sites.

LISTHUB.COM EXPOSURE

307-733-6060

Greater Exposure For Your PropertyIncreases The Chance Of Sale

We've created the industry's most extensive online marketing program. Here are all of the w ebsites w here w e'll submit your property once listed, and many of these have extended netw orks as

w ell, resulting in exposure on up to 900 different sites!

© 2014 Mov e Sales, Inc. - Important: The information in this report is believed reliable butis not warranted or guaranteed, is general in nature and not based on knowledge of yourspecific circumstances, and should be independently verified in concert with yourprofessional advisors.

LISTHUB.COM EXPOSUREListhub is the industry’s most extensive online

marketing program. Here are all the websites

where your property will be submitted, and

many of these have extended networks as well,

resulting in exposure to almost 900 different

sites.

[email protected]

Greater Exposure For Your PropertyIncreases The Chance Of Sale

We've created the industry's most extensive online marketing program. Here are all of the w ebsites w here w e'll submit your property once listed, and many of these have extended netw orks as

w ell, resulting in exposure on up to 900 different sites!

© 2014 Mov e Sales, Inc. - Important: The information in this report is believed reliable butis not warranted or guaranteed, is general in nature and not based on knowledge of yourspecific circumstances, and should be independently verified in concert with yourprofessional advisors.

Page 13: Fall Line Realty Listing Presentation

High end custom home in Alta. Top quality construction on this immaculate property. Custom kitchen and baths utilizing beautiful materials. Wildlife abounds on this elevated view lot with pond with immediate access to golfing and millions of acres of Public Lands. Adjacent 3 acre lot also for sale. Paul Kelly, 307-690-7057, $785,000.

Price Reduction on High End Alta, WY Home

www. jacksonho leb roke r s .com

Price reduction

Fall line Realty GRoup has over $10 million sold in the first half of 2014 and another $7 million under contract. Call us today to find out how our success in the market can help you reach all of your real estate goals.

Quit traversing,take the Fall Line

Paul KellyAssociate Broker, [email protected]

Brice NelsonSales [email protected]

Build your Grand Teton View dream home

while living in the finely appointed guest house on this 3 acre lot in Victor that is surrounded by

mature cottonwoods. This property features a large heated shop/garage that is 30x50 with a

400sqft studio apartment. The guest home is 1 Bed, 1 full bath and is immaculately maintained.

High quality construction. No CCR’s. Senior Fox Creek water rights. Close to the Towns of Victor and

Driggs, Jackson Hole and Grand Targhee. Steps away from Hale Irwin designed Teton Reserve Golf

Course. Tons of other recreational opportunities are just minutes away. MLS 14-2025 $349,000

www. jacksonho leb roke r s .com

NewListing

Quit traversing, take the Fall Line

Paul KellyAssociate Broker, GRI

[email protected]

Brice NelsonSales [email protected]

Ian SinclairSales Associate, GRI

[email protected]

#1 in SaleS*JHREA

JHREA

ClosestCompetitor

ClosestCompetitor

#1 in liStingS*

Very rare home for sale in private Grove Creek Subdivision. The owner has created a space that has become a part of the bordering National Forest. Enjoy frequent visits from deer, moose and elk! mls# 14-1473 $390K

www. jacksonho leb roke r s .com

NewListing

Fall line Realty GRoup has over $10 million sold in the first half of 2014 and another $7 million under contract. Call us today to find out how our success in the market can help you reach all of your real estate goals.

Quit traversing,take the Fall Line

Paul KellyAssociate Broker, [email protected]

Brice NelsonSales [email protected]

Ian SinclairSales Associate, [email protected]

Contemporary Masterpiece in VictorHigh end contemporary home in an unparalleled setting in Victor. Horse lovers will cherish the outbuildings and fencing including a unique black sand riding corral. The house features a Chef’s kitchen with unique birch wood cabinetry. Mountain views abound from every aspect of the home and surrounding land. Special attention has been made to bring the outdoors into the home with floor to ceiling windows in the living area and oversized windows throughout the rest of the home. Brice Nelson 208-313-5269 $775,000.

www. jacksonho leb roke r s .com

UnderContract

Fall line Realty GRoup has over $10 million sold in the first half of 2014 and another $7 million under contract. Call us today to find out how our success in the market can help you reach all of your real estate goals.

Quit traversing,take the Fall Line

Paul KellyAssociate Broker, [email protected]

Brice NelsonSales [email protected]

Ian SinclairSales Associate, [email protected]

FALL LINE REALTY GROUPPRINT MARKETING

Page 14: Fall Line Realty Listing Presentation

FALL LINE REALTY GROUPPRINT MARKETING

Located in the Village Center. Teton Village, WY

PAUL KELLY Associate Broker, GRI • (307)690-7057 • [email protected]

IAN SINCLAIR Sales Associate, GRI • (307)690-1383 • [email protected]

Enjoy wide open views in every direction from

this well designed home in H-H-R Ranches.

Ideally located walking distance from Wilson

and set on nearly four acres with a pond to

the west, dedicated open space to the south

and Teton views to the north. An open floor

plan with plentiful windows on the main level

provides the perfect setting for entertaining.

With five bedrooms and an oversized two car

garage there is ample room for your guests

and toys. List Price $2,700,000

www.jacksonholebrokers.com • Like us on Facebook

NEW LISTING

Located in the Village Center. Teton Village, WY

PAUL KELLY Associate Broker, GRI • (307)690-7057 • [email protected]

IAN SINCLAIR Sales Associate, GRI • (307)690-1383 • [email protected]

Fantastic Teton views from this well appointed2 bedroom Spirit Dance unit at Spring CreekRanch. The unit has been remodeled andupdated throughout, and comes fully furnished.Spring Creek Ranch offers a host of amenitiesto be used by both the owner or vacation rentalclientele. This property shows a strong rentalhistory. $885,000

www.jacksonholebrokers.com • Like us on Facebook

SWEEPING TETON VIEWS

Located in the Village Center. Teton Village, WY

PAUL KELLY Associate Broker, GRI [email protected](307)690-7057 IAN SINCLAIR Sales Associate, [email protected](307)690-1383

Visit us and search the Teton MLS at www.jacksonholebrokers.comLike us on Facebook

East Jackson Townhome $247,000

Victor Townhome $150,000

HHR Home $2,700,000

Cottonwood Park Home $370,000

Granite Ridge Lodge

Victor Home $250,000

SOLD SOLD

SOLD SOLD

NEW LISTINGSOLD

SOLDSalt River Heights Home, $325,000

UNDER CONTRACTUndisclosed Commercial Property, Town of Jackson, asking $9,000,000

UNDER CONTRACTTeton Village Townhome, asking $2,350,000

RECENT ACTIVITY BY FALL LINE REALTY GROUP

Located in the Village Center. Teton Village, WY

PAUL KELLY Associate Broker, GRI • (307)690-7057 • [email protected]

IAN SINCLAIR Sales Associate, GRI • (307)690-1383 • [email protected]

SHOOTING STAR BUILDING SITEFantastic views in all directions, includingthe world famous Jackson Hole MountainResort to the west and Sleeping Indian tothe east, from this 1.43 acre building sitein Shooting Star. The property also featuresa spring fed pond along it's western border.Enjoy the many amenities of the ShootingStar Golf Club and a world class golfingexperience on the Tom Fazio designedgolf course. $2,795,000

www.jacksonholebrokers.com • Like us on Facebook

NEW LISTING

Page 15: Fall Line Realty Listing Presentation

FALL LINE REALTY GROUP2013-2014 ROCK STAR AWARD

Page 16: Fall Line Realty Listing Presentation

JACKSON HOLE REAL ESTATE ASSOCIATESNAMED CHRISTIE’S INTERNATIONAL REAL ESTATE GLOBAL AFFILIATE OF THE YEAR

Page 17: Fall Line Realty Listing Presentation

20 Rockefeller Plaza, New York, New York 10020+1 212 468 7182, Fax +1 212 468 7141

www.christiesrealestate.com

ANNUAL TRANSACTION VOLUME 1

US$41B

SOTHEBY’SINTERNATIONAL REALTY

100

80

60

40

20

0

US$106B

30,000

25,000

20,000

15,000

10,000

5,000

2000

1000

800

600

400

200

NUMBER OF SALES ASSOCIATES 3 NUMBER OF OFFICES 3

14,500

700

27,700

950

100

80

60

40

20

0

PERCENTAGE OF INTERNATIONAL WEBSITE VISITORS 2

48.3%

61.2%

1) Source: “The Evolution of the Extraordinary,” Sotheby’s International Realty marketing video published December 4, 2013, http://youtu.be/E9V-wz_6wSE, noting “2005 - 19,000 transactions totaling $19 billion in sales, today over 59,000 transactions representing $41 billion”; Christie’s International Real Estate network, January 2014 (2013 annual sales volume as reported by Affiliate brokerages)

2) Source: Alexa.com comparison of christiesrealestate.com and sothebysrealty.com as of May 2, 2014

3) Source: Sotheby’s International Realty Press Release, April 10, 2014; Christie’s International Real Estate Network, April 28, 2014

COMPARATIVE METRICS

SOTHEBY’SINTERNATIONAL REALTY

SOTHEBY’SINTERNATIONAL REALTY

SOTHEBY’SINTERNATIONAL REALTY

As of April 30, 2014

1) Source: “The Evolution of

the Extraordinary,” Sotheby’s

International Realty marketing video

published December 4, 2013, noting

“2005 - 19,000 transactions totaling

$19 billion in sales, today over 59,000

transactions representing $41 billion”;

Christie’s International Real Estate

network, January 2014 (2013 annual

sales volume as reported by Affiliate

brokerages)

2) Source: Alexa.com comparison

of christiesrealestate.com and

sothebysrealty.com as of May 2, 2014

3) Source: Sotheby’s International

Realty Press Release, April 10, 2014;

Christie’s International Real Estate

Network, April 28, 2014

As of April 30, 2014

METRICS

Page 18: Fall Line Realty Listing Presentation

20 Rockefeller Plaza, New York, New York 10020+1 212 468 7182, Fax +1 212 468 7141

www.christiesrealestate.com

Total value of listed properties

STRONG GROWTH IN WEBSITE TRAFFIC AND PROPERTY VALUESTHIRD QUARTER 2014 VS. THIRD QUARTER 2013

Number of visits *

636,623

Q3, 2013 Q3, 2014

US$4.21MUS$4.17M

Average property price

216

227

Number of countries with visitors to the site **

* More than 12,100 visitors came to christiesrealestate.com from a direct link on christies.com between July 1 to September 30. Source: Google Analytics.

** 60.2% of traffic from visitors outside of the United States. Source: Google Analytics.

*** Inquiries are defined as clickthroughs to an Affiliate website, clickthrough to Affiliate profile page, emails to agents, printing of property ads, and emails of property.

US$57B

US$66B

MORE THAN 36,000 INQUIRIES

GENERATED TO AFFILIATES

IN Q3, 2014***

Q3, 2013 Q3, 2014 Q3, 2013 Q3, 2014 Q3, 2014 Q3, 2014

386,828

Page 19: Fall Line Realty Listing Presentation

20 Rockefeller Plaza, New York, New York 10020+1 212 468 7182, Fax +1 212 468 7141

www.christiesrealestate.com

EXTRAORDINARY LUXURY PROPERTIES, UNMATCHED INTERNATIONAL SCOPE15,900 PROPERTIES VALUED AT US$66 BILLION ON CHRISTIESREALESTATE.COM*

2%5%

12%

18%

64%

$1M - $3M USD $10M - $20M USD

$3M - $5M USD >$20M USD

$5M - $10M USD

Properties by price (number of properties) Properties by geography

31%

Northeast U.S. and Canada

Europe and Africa

Southeast U.S., South America and Caribbean

Asia PacificWestern U.S. and Canada

27%

19%

12%

7%

* As of October 17, 2014

Page 20: Fall Line Realty Listing Presentation

JACKSON HOLE REAL ESTATE ASSOCIATESTHE REGION’S LARGEST REAL ESTATE BROKERAGE

Our organization is comprised of only

experienced, successful and dedicated full-

time real estate professionals. Our collection

of properties is unsurpassed and includes

some of the most unique and sought-after real

estate in the world. As the exclusive affiliate

of Christie’s International Real Estate our

organization provides access to a worldwide

audience with more than 1000 real estate

offices in 40 countries and transactions

resulting in over $100 billion in sales annually.

Jackson Hole Real Estate Associates is committed to being the leading luxury real estate

brand in the Teton region. At JHRE Associates, “Luxury” is measured by the quality of our

people and our service, not the price of a property.

By staying on top of market trends and continually striving to offer cutting edge marketing

and advertising services we deliver extraordinary experiences to clients and exceed their

expectations.

As a market leader in Jackson Hole, we believe that the success of our company is based

on the value that we provide for our clients, community and agents. It is this value-driven

philosophy that has helped to guide the successful growth of our organization.

Exclusive Affiliate of Christie’s International Real Estate

Page 21: Fall Line Realty Listing Presentation

CORE PRINCIPLES• Jackson Hole Real Estate

Associates is the largest

and most dynamic real

estate organization in the

region. Since the company’s

inception, our listing base and

transactions have grown to

exceed our closest competitor.

• Jackson Hole Real Estate

Associates is a proud

participant in IDX. Our

listings are exposed to more

prospective buyers than

any other company in the

region. Additionally, visitors

to our website are privy to

ALL active inventory on the

market, whether it’s a JHRE

Associates listing or not.

• Jackson Hole Real Estate

Associates offers the most

established appraisal company

in the region. Jackson Hole

Real Estate Associates has

over forty years of transaction

history in Jackson Hole and

the surrounding areas. We

track every single transaction

in Jackson Hole and know

where the market is at all

times.

• Jackson Hole Real Estate

Associates owners and

affiliated brokers have

contributed well-over $1

million dollars and 10,000

hours to Jackson Hole non-

profits to date.

Page 22: Fall Line Realty Listing Presentation

OUR PHILOSOPHY

To stay on top of market trends, continually strive to

offer cutting edge advertising locally and on the web,

and to keep our clients’ best interests paramount.

OUR OWNERSHIP

Jackson Hole Real Estate Associates has a successful

track record of ownership and experience including

Dianne and Chad Budge who co-founded, with their

partners, the Sotheby’s franchise in Jackson Hole;

David Viehman, one of the principals of Jackson Hole

Real Estate & Appraisal; and Bob Graham and Karen

Terra of Real Estate of Jackson Hole.

“No other real estate ownership group in the valley

has this kind of track record of real estate sales

and development success. We know that with the

continued commitment to conscientious client service,

combined with the global reach of the Christie’s

International Real Estate brand, we will continue to be

the #1 choice and a force in the Jackson Hole region,”

commented Bob Graham.

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ART. BEAUTY.PROVENANCE.CHRISTIE’SINTERNATIONAL REAL ESTATE

We bring the depth of expertise and excellence that are Christie’s defining characteristics to create the world’s finest international real estate company.

Working with Affiliated brokerages, we bring the most desired homes to the world’s most discerning property buyers.

Page 25: Fall Line Realty Listing Presentation

BLENDING ART AND PROPERTY. COMBINING GLOBAL KNOWLEDGE WITH LOCAL EXPERTISE

Our Affiliates are selected for their success in luxury property sales and their ability to meet strict standards of excellence.

The worldwide network is comprised of more than 125 Affiliates and 25,000 agents across 40 countries.

This unique combination offers an incomparable level of service and global visibility under a brand that stands for trust, discretion, and excellence.

Page 26: Fall Line Realty Listing Presentation

THE SYNERGY BETWEEN ART AND REAL ESTATE

COMBINED ART AND REAL ESTATE SALES

Christie’s clients who buy and sell works of art often request real estate services.

The natural overlay of fine art and luxury real estate was highlighted in recent sales:

- The Blairsden Estate in Peapack, New Jersey was sold along with a collection of furniture, tapestries, old master paintings, silver, and porcelain from the estate.

- The New York City apartments of Huguette Clark, were sold as well as jewelry from her estate, including the iconic Clark Pink Diamond.

- Kaiuso, a historic garden estate outside Kyoto, Japan, listed at ¥8 billion, sold to an art auction attendee’s client.

- A Picasso painting owned by composer Andrew Lloyd Webber was sold at Christie’s in London, and the composer’s Trump Tower duplex in New York was sold by Christie’s International Real Estate.

Page 27: Fall Line Realty Listing Presentation

DISTINGUISHED MARKETINGPROGRAM

Christie’s International Real Estate combines traditional marketing channels with cutting-edge strategies.

INTERACTIVE

Our website attracts more than one million visitors worldwide every year and:

- Consistently ranks among the top results on major search engines for luxury real estates.

- Receives prominent real estate promotions on www.christies.com.

- Displays the world’s finest properties in excess of US$1 million.

- Showcases hundreds of listings valued at more than US$10 million.

- Features photo tours, auction house spotlights, events, videos, and news from the international Affiliate network.

- Vastly exceeds industry-standard performance in attracting qualified visitors to the website each month through SEO, SEM, inbound marketing campaigns, social media and web advertising.

- The site has active listings in 19 languages and more than 40 countries.

Page 28: Fall Line Realty Listing Presentation

ADVERTISING

Christie’s International Real Estate advertising initiatives receive prominent placement in leading periodicals such as The New York Times, The Wall Street Journal, Financial Times, Country Life, Architectural Digest, and Robb Report.

MAGAZINE

Produced five times a year, our industry-leading publication has an annual readership of approximately one million.

With more than 200 pages of lifestyle articles and beautiful homes, the magazine is a superior showcase for the world’s most exclusive real estate that reaches individuals of exceptional means through print and digital versions.

DISTINGUISHED MARKETINGPROGRAM(Continued...)

Art, beauty, provenance. The world’s most desired homes.

Page 29: Fall Line Realty Listing Presentation

PUBLIC RELATIONS

Our press strategies are expertly crafted with our public relations team—which spans the Americas, Europe, and the Middle East—to maximize attention in acclaimed media outlets across the world.

BROCHURES

Our property brochures are distributed to more than 350 cities in 40 countries for prominent display in Christie’s salerooms and our Affiliated real estate brokerages around the world. The brochures articulate the amenities and lifestyle opportunities presented by each property.

DISTINGUISHED MARKETINGPROGRAM(Continued...)

Page 30: Fall Line Realty Listing Presentation

20 Rockefeller Plaza, New York, New York 10020+1 212 468 7182, Fax +1 212 468 7141

www.christiesrealestate.com

- 138 affiliated brokerages, 900 offices

- 45 countries

- 26,000 sales associates

- The only real estate network owned by a fine art auction house

- Specializing in luxury properties valued at US$1 million and above

- Network achieved US$106 billion in sales in 2013

QUICK FACTS

- Founded in 1766 by James Christie

- 53 offices in 32 countries

- 12 salerooms

- Over 450 sales annually in 80 categories

- Achieved US$4.5 billion in sales for the first half of 2014, the highest half year total in Christie’s history

- The first international fine art auction house to operate independently in mainland China, with Shanghai office set to open in October

2014 SALES HIGHLIGHTS

COPPER BEECH FARM

Sale price: US$120M Greenwich, Connecticut, USA David Ogilvy & Associates

2014 SALES HIGHLIGHTS

Barnett Newman

Black Fire I Price realized: US$84M

Francis Bacon

Three Studies for a Portrait of John Edwards Price realized: US$81M

Francis Bacon

Portrait of George Dyer Talking Price realized: £42M

FIFTH AVENUE PENTHOUSE

Sale price: $70M Manhattan, New York, USA Brown Harris Stevens

ELIES ESTATE

List price: €40M Porto Heli, Peloponnese, Greece Ploumis Sotiropoulos Real Estate

CHRISTIE’S INTERNATIONAL REAL ESTATE

CHRISTIE’S

Jussi Pylkkänen, President of Christie’s EMERI, selling Francis Bacon’s “Portrait of George Dyer Talking,” which realized £42 million (US$70 million)

Copper Beech Farm sold for a record US$120 million, the second-highest price ever achieved for a single-family home in the United States

As of July 22, 2014

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307 733 6060  tel307 733 3483  fax

www.jhrea.comwww.starvalleyrealestate.com

jhreatetonvalley.com

PO Box 4897Jackson, WY 83001

80 West BroadwayJackson, WY 83001

455 (B) West BroadwayJackson, WY 83001

270 W. PearlJackson, WY 83001

3275 W. Village DriveTeton Village, WY 83025

PO Box 3225181 Alpine Drive

Alpine, WY 83128307 654 7575  tel 

PO Box 846235 S Main St

Thayne, WY 83127307 883 7575 tel 

65 S Main StDriggs, ID 83422

208 354 7325   tel