QUALIFICATIONS OF THE BROKER

PROFESSIONAL DESIGNATION:

Former State Certified Residential Real Estate Appraiser — License Number:TX-1322953-R; Expired 08/17/01

Licensed Real Estate Broker, State of Texas License Number 0324136; Expires 04/30/11

Accredited Buyer Representative (ABR) Awarded 06/15/96

Certified Residential Specialist (CRS) Awarded 11/14/96

ASSOCIATION MEMBERSHIPS:

National Association of Realtors

Texas Association of Realtors

San Antonio Board of Realtors

Real Estate Buyer’s Agent Council

Residential Sales Council

EDUCATION:

Bachelor in Applied Arts and Sciences, Major:Occupational Education with emphasis in Business Management

Southwest Texas State University, San Marcos Texas

SPECIAL EDUCATION AND TRAINING:

Southwest Texas State University, Real Estate Practice 09/77-12/77

Federal Housing Administration, Housing Technician Appraiser

Trainee program, Field/Classroom — 6 months 09/78-03/79

American Institute of Real Estate Appraisers, Basic Appraisal

Principles, Methods and Technique Course 1A 10/79-11/79

St Phillips College, Real Estate Appraisal 06/80-08/80

St Phillips College, Real Estate Marketing 06/80/08/80

Society of Real Estate Appraisers Chapter 65, Appraising Residences Course 101, 02/81-04/81

National Mobile Home Appraisers Systems, The Basic Mobil Home Structure No 1 Workshop 03/81

Society of Real Estate Appraisers Chapter 65, Adjusting for Financing differences in Residential Properties 10/82

Society of Real Estate Appraisers Chapter 65, Applied Residential Property Valuation Course 102 03/84-06-84

Society of Real Estate Appraisers International Conference Nashville, TN, August 3-7, 1985

Society of Real Estate Appraisers Chapter 65, A Guide to Federal Home Loan Bank Board Memorandum R-41c 02/20/87

Society of Real Estate Appraisers Chapter 65, The Appraiser’s Guide to the Uniform Residential Appraisal Report 04/27/87

Society of Real Estate Appraisers Chapter 65, Understanding the new FNMA Appraisal Guidelines Seminar 11/20/87

San Antonio Board of Realtors, Appraisal Standards of Practice & Ethics Course 15 Hours 12/03/91

Appraisal Institute, Region VIII, The New Uniform Residential Appraisal Report (URAR) Seminar 8 hours 12/03/93

Appraisal Institute, Austin Chapter, Fair Lending and the Appraiser Seminar 7 hours 08/19/94

San Antonio Board of Realtors, ADA Rights & Obligations Seminar 3 Hours 03/29/95

San Antonio Board of Realtors, USPAP Update Seminar 7 Hours 03/30/95

Real Estate Buyer’s Agent Council (REBAC) International Conference of Buyer Representation August 1-3, 1996

Residential Sales Council Course 206 Computer Application for the Residential Specialist 09/13/96

Residential Sales Council Course 202 Sales Strategies for the Residential Specialist 10/15/96

San Antonio Board of Realtors, ADA Right & Obligations Seminar 6 Hours 05/27/97

San Antonio Board of Realtors, Fair Housing Seminar 3 Hours 05/27/97

Columbia Institute, USPAP Update #101 8 Hours 02/21/98

Columbia Institute, Condemnation Appraising 15 Hours 03/27/98

Appraisal Institute Houston Chapter, FANNIE MAE Seminar — Forms of the Future 4 hours 07/17/98

San Antonio Board of Realtors, HomePath Advisor 6 Hours 03/19/99

Columbia Institute, Reviewing Complex Residential Appraisals Course #208 16 Hours 10/21-22/99

Appraisal Institute San Antonio Chapter, FHA Update Seminar 4 Hours 11/02/99

Columbia Institute, FHA Appraisal Rules Course #110 8 Hours 11/15/99

Columbia Institute, USPAP Update 8 Hours 02/16/00

San Antonio Board of Realtors, R.E. Finance & Tax Update 4 Hours 10/23/01

San Antonio Board of Realtors, Environmental Consideration In Real Estate 6 Hours 12/18/01

San Antonio Board of Realtors, Ethics for the Real Estate Professional, 3 Hours 12/17/01

San Antonio Board of Realtors, Representing the Buyer, 3 Hours 12/17/01

San Antonio Board of Realtors, ePRO, 15 Hours, 04/15/04

San Antonio Board of Realtors, How Smart Realtors Build Personal Wealth 1 Hour 09/08/04

State Bar, State Bar, 1 Hour, 09/08/04

San Antonio Board of Realtors, Don't Chase It! Do It, Delegate It or Dump It!, 1 Hour, 09/08/04

San Antonio Board of Realtors, Why Hire Me? Differentiating Myself & My Business, 1 Hour, 09/08/04

San Antonio Board of Realtors, Advanced Real Estate Finance Concepts and Myths, 4 Hours, 10/28/05

San Antonio Board of Realtors, Legal Update, 3 Hours, 01/10/06

San Antonio Board of Realtors, Ethics, 3 Hours, 01/11/06

San Antonio Board of Realtors, Tax Favorable Real Estate Transactions, 3 Hours, 01/26/06

San Antonio Board of Realtors, Contracts, Purchase and Sales Agreements, 3 Hours, 01/27/06

EMPLOYMENT EXPERIENCE:

Staff Appraiser – Federal Housing Administration 09/78-03/80

Broker/Appraiser – The David Kennedy Company 03/80-08/84

Staff Appraiser – Inland Mortgage Corporation 09/84-01/85

Broker/Appraiser – The David Kennedy Company 02/85-02/96

Independent Appraiser – The David Kennedy Company 02/96-08/01

Broker Associate – REMAX Mega Group 02/96-05/97

Broker – Perfect Properties Inc. D.B.A. Real Estate Solutions 06/97-03/98

Broker/Appraiser – The David Kennedy Company 03/17/98-08/17/01

Broker/Owner – The David Kennedy Company 08/17/01-03/06/06

Broker/Owner – Exclusive Buyers Realty Inc. 03/06/06-Present