THOMPSON LAND, LLC
BUSINESS DESCRIPTION

The Firm

Thompson Land, LLC, is owned by James E. Thompson, P.E., Civil Engineer and Broker and his wife Rosanne Powers. The company specializes in vacant land for residential and commercial uses. Mr. Thompson combines civil engineering and real estate expertise to provide clients with a full service approach to investing, developing and selling of vacant land. EngineeringThe company was originally formed in June 1984 as a sole proprietorship. Over the years, the company has evolved to Thompson Land LLC and combined with Rosanne's company, Powers Real Estate in early 2011. Work consists of real estate brokerage, land development and civil engineering. The firm's practice is generally centered around the Puget Sound region, although, Thompson Land LLC often markets larger parcels throughout Washington. Clients include individuals, small businesses, larger corporations and financial institutions. Mr. Thompson's combined experience as a professional engineer, real estate broker and developer is put to good use for clients. Development experiences have ingrained in Mr. Thompson the ability to balance engineering and real estate decisions to obtain maximum profitability. Mr. Thompson also has extensive experience in dealing with legal issues and regulatory agencies.

Owner Background

James E. Thompson graduated from the University of Washington, College of Civil Engineering in 1973 and became licensed in the State of Washington in 1977 and in the State of Alaska in 1981. Jim worked 10 years with a private consulting firm and since 1983 has had his own practice. Jim's engineering experience ranges from small water systems to managing a \$6 million utility construction project involving 3 cities, 5 consulting firms and 9 general contractors under 12 separate contracts. In 1983 and 1984 Jim joined the real estate firm John L. Scott, Inc. in Issaquah in order to meet state broker licensing requirements. While at John L. Scott, Jim exclusively sold vacant land and received numerous awards including top sales 1984-85 Issaquah office and top 10% 1984-85 within the entire company of 415 agents. Jim was born in Seattle, Washington and now lives in Issaquah. Thompson Land LLC is a member of the Northwest Multiple Listing Service (NWMLS). Mr. Thompson or his company hold the following licenses: Professional Engineer State of Washington, City of Issaquah Business License, State of Wa. Master License, State of Washington Broker

Real Estate Practice

Thompson Land, LLC (TL)specializes in finding and/or selling vacant land. TL works with all types of land including residential, commercial, industrial, plats, recreational, etc. TL also consults with clients regarding investment potential, price opinions and marketing approaches. The firm utilizes a very successful marketing plan that includes internet website, ads in the Seattle Times, detailed marketing package, referral network, signs and property preparation. At the sellers request, properties are also listed in the NWMLS multiple listing organizations. The Firm's website is located at www.jthompson.net and includes detailed flyers, maps, photos, etc. for listed properties.

For continuing success, the firm requires client satisfaction and return business. Jim prides himself in maintaining continuous contact with clients. Jim regularly discusses showings, advertisements, mailings and inquiries. TL policy is to only take listings that Jim truly believes are desired property and good values. Jim expects to personally sell clients listings. Unlike larger companies, TL does not bait and switch to another property. TL does not utilize hard sell tactics; clients and customers are treated with respect consistent with Jim's professional engineering background.

Engineering Practice

Engineering work is generally provided at below market rates to real estate clients who wish assistance in developing their property. Typical experience includes short plats, lot line adjustments, rough site feature surveys, permits (flood, shoreline, fisheries, environmental, etc.), flood plain analysis and water-sewer-drainage utility design. On larger projects requiring extensive design work, Mr. Thompson has provided project management services to coordinate the various disciplines involved to insure a marketable product. Jim's engineering work brings him in contact with many local surveyors, septic system designers, well drillers, contractors, etc. TL contracts with only the most qualified of these professionals and is able to pass along their expertise to clients.

Mr. Thompsons Typical Engineering Projects/Experience:

Project Engineer/Coordinator for 132 acre Preston Industrial Park, planning, subdivision and design.
Project Engineer for 150 acre 49 lot residential development near Skykomish, WA.
Numerous subdivision projects throughout the State of Washington.

General Partner/Engineer/Developer/Broker:

a) Meadow Wood Partnership: 50 acre, 9 lot residential subdivision in Issaquah
b) Windsor Highlands Partnership: 70 acre, 13 lot residential subdivision in Issaquah.
c) Guemes Seaview Estates: 5 acre, 5 lot water front development on Guemes Island.
d) Thompson Townhomes: 12 unit upscale townhome project in downtown Issaquah.
e) Plateau Park: 12 lot residential subdivision on the Pine Lake Plateau of Issaquah.
f) Summit Park PUD: 25 acre Snoqualmie Pass development with 66 townhomes, 80-unit
condo lodge and restaurant.