Real Estate Broker Services

The Vendor is required to provide commercial real estate brokerage firms to assist the university with the sale of county.
- Personnel with previous experience in providing commercial and agricultural real estate brokerage services to government, university and corporate clients for property sales.
- Summary
1. Research
• We have not inspected the property and its environs.
• Physical information on the subject was obtained from the property owner’s representative, public records, and third-party sources.
• Regional economic and demographic trends, as well as the specifics of the subject’s local area were investigated.
• Data on the local and regional property market (supply and demand trends, rent levels, etc.) was also obtained.
• This process was based on interviews with regional and local market participants, primary research, available published data, and other various resources.
• Other relevant data was collected, verified, and analyzed.
• Comparable property data was obtained from various sources (public records, third-party data-reporting services, etc.) and confirmed with a party to the transaction (buyer, seller, broker, owner, tenant, etc.) wherever possible.
• Sometimes necessary to rely on other sources deemed reliable, such as data reporting services.
2. Analysis
• Based upon the subject property characteristics, prevailing market dynamics, and other information, we developed an opinion of the property’s highest and best use.
• We analyzed the data gathered using generally accepted appraisal methodology to arrive at a probable value indication via each applicable approach to value.
• The results of each valuation approach are considered and reconciled into a reasonable value estimate.