Leading Remax Agents Join Avalar

Austin, Texas - 14 April, 2005 -

Avalar Real Estate and Mortgage Network announced today that Barbara Hill and Sheryl Lowe, formerly with REMAX, have joined Avalar Austin at the company’s newly opened office in Davenport Village. (Former location of ReMax Austin by the Lake). The office will be owned and managed by longtime Westlake residents David and Chey Hollowell, along with business partner Roger Sturgell, the current chairman of the Austin Board of Realtors. Avalar’s “Austin by the Lake” office will focus on the upscale real estate market in west and southwest Austin. Hill and Lowe are recognized as top producers in the Austin real estate market, collectively selling more than $30 million of residential real estate annually. Lowe, who is a certified luxury homes marketing specialist and REMAX Hall of Fame honoree, comes to Avalar with more than 20 years of real estate sales experience. She will be the broker in the Davenport office. “Avalar offers truly cutting edge technology that benefits both agents and clients,” said Lowe. “That, combined with the integrity of the company, the revenue sharing and long-term residual income available to agents, makes the decision to join this team an easy one.” Hill, also a Hall of Fame honoree, spent the past 27 years with REMAX and has been named a Top Producer and Platinum Club member each year. She received the REMAX Lifetime Achievement Award in 2001. “I am excited to be able to focus on my personal production rather than managing an office,” Ms. Hill continues, “I am very impressed with the support, training and marketing materials which Avalar gives to its agents. And, the exit strategy is truly unique in the real estate industry, giving agents and brokers a legitimate retirement option in just 7 years.” “The Avalar systems obviously are very attractive to established top producing agents like Barbara and Sheryl, but I believe they will have an even greater impact on new agents and those looking to increase their immediate and long term profitability,” said David Hollowell, Avalar Texas managing partner. “The Avalar System creates efficiencies that do not exist in other real estate companies, enabling our agents to spend more time on what they do best working directly with qualified real estate buyers and sellers - providing customers with the level of service they want and deserve,” added Chey Hollowell, Director of Marketing . The Avalar Austin by the Lake office, at the corner of Capital of Texas Hwy. and Westlake Drive in Davenport Village, joins the current Avalar Austin office located at 183 and Spicewood. A third office, serving central Austin, is scheduled to open in May.

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