The vendor required to provide real estate that are available to purchase, sell, develop, lease or convey the district’s property and shall agree to contract for the following services:
• Marketing and sales of real estate owned by the district.
• Communicate, advise and negotiate with sellers, purchasers, developers, investors, lessees and other public agencies the real estate transactions on behalf of the district.
• Provide information such as statistics, market analysis, pricing, valuations and financial evaluations, etc.
• Evaluations of district properties to determine a course of action to sell, develop, lease, vacate or convey.
• Acquisitions.
- Typical duties
• Provide advice on pricing of any parcel.
• Provide advertising, at broker’s expense, and media appropriate for marketing any parcels.
• Analyze and evaluate all offers presented to district and prepare recommendations.
• Present all offers to district staff and legal counsel, along with analysis and recommendations.
• Prepare and present any counteroffers or addenda requested by the district.
• Maintain escrow file for all transactions.
• Provide accurate land use information as provided by the district and the municipal jurisdiction where the parcel is located.
• Consult for any land divisions, surveys, inspections, clean up, etc., as may be necessary in connection with specific transaction(s).
• Provide information and documents necessary for escrow in preparation for closing of any parcels in conjunction with district’s legal counsel.
• Provide communication link between the district and the buyer or sellers agents.
• Broker shall conduct all negotiations in accordance with regulatory transparency requirements of state and local governments.
• Broker must be a member of an appropriate generally accepted standard commercial real estate listing database and be able to list and market property via that method.
• When the broker has a direct or indirect interest in a transaction, written disclosures must be made to the district at the earliest practical opportunity and before any offers are presented or considered.
• Broker shall be responsible for co-broker actions and adherence to contractual terms of the contract.
• The district does not warranty the condition of any property it may sell or its use for a particular purpose.
• Broker shall provide the district their listing agreement.
• Broker shall have five (5) years of experience in commercial real estate and hold an active state real estate license.
- Contract Period/Term: 1 year
