Listing and Brokerage Services

The Vendor is required to provide brokerage services to facilitate the sale of property on the City's behalf.
- Broker will provide the following services:
• Conducting market and valuation analyses.
• Developing marketing strategies and materials (electronic and/or hard copy).
• Distributing marketing materials to potential buyers and reporting results to the economic development director monthly.
• Handling inquiries and showing properties.
• Confirming qualifications of potential buyers.
• Analyzing offers from potential buyers and advising the office and its representatives with respect to the offer and negotiations.
• Representing the city during negotiations from time of offer until closing.
• Coordinating all real estate transaction closings.
• Handling all other customary activities and brokerage services associated with real estate transactions.
• Providing the economic development director with weekly activity reports.
• Meeting with the zoning administration monthly to understand how zoning impacts the future of the property in question.
• Providing expert advice and consultation on real estate market conditions, potential returns, and investment opportunities.
• Additional tasks as agreed upon by both parties.