August 10, 2007

Brokers Commission Increased to Five Percent at Stonelake Ranch

HILLSBOROUGH COUNTY, FL ñ The sales and development team at Stonelake Ranch is sweetening the deal for brokers whose clients purchase a home site, increasing the commission to five percent from the previous three percent.

With sales continuing despite a statewide slowdown, the community is two-thirds sold out, and construction activity remains strong. More than 10 families already call Stonelake Ranch home, and several more are scheduled to take residence in the coming weeks. At this time, desirable estate-sized home sites, including a few select waterfront sites, are available in the community, in sizes ranging from 1.5 to more than 8 acres and prices ranging from the $400s to the $900s.

ìStonelake Ranch is a spectacular place to call home, and we are fortunate to work with some of the best brokers in the area,î said Director of Sales and Marketing John Powell. ìI hope that those who havenít experienced this community first hand will stop in for a tour. Once a buyer is on site, theyíre sold on the exclusivity. Thereís just no place like it, and weíre fortunate to be this active under current market conditions.î

Stonelake Ranch is a former working ranch situated on Lake Thonotosassa, only minutes from downtown Tampa or Lakeland. A gated entrance, lakeside lodge, community boat ramp, protected bird sanctuary and 40-foot-wide horse trails which traverse the communityís rolling hills offer Stonelake Ranch residents privacy, communion with nature and the feel of the country in a convenient location.

The increased co-broke commission is effective immediately until further notice. It does not extend to re-sales in the community.

Stonelake Ranch is being developed by Charles Funk and Jeff Meehan, who also developed the successful Arbor Greene community in New Tampa.  Stonelake Ranch is located off the McIntosh Road exit of Interstate 4, just 25 minutes from downtown Tampa.  For more information, call (813) 986-0062 or visit us online at www.stonelakeranch.com.  The sales center is open from 10:00 – 5:00  Monday through Saturday and from 12:00 – 5:00 on Sunday.