The Vendor is required to provide professional Real Estate Appraisal Services to provide Appraisals.
- The services request is to provide the following services: appraisal of real estate properties for acquisition, lease, financial and/or strategic planning and other informational interests and purposes by the City.
- The real estate appraiser shall perform at a minimum the following tasks:
• Provide “fair market value” for viable real estate acquisitions by the City;
• Prepare market analysis reports that will establish “fair market value” on properties;
• Research markets and identify potential properties’ values selected for acquisition or disposal by the City;
• Provide professional opinions and reasonable conclusions on value in land developments, business viability, tax appraisals and eminent domains on the City properties and surrounding areas;
• Prepare comparable reports on the City properties or potential properties as required.
• Assist the City personnel and/or Broker Agent in the evaluation of real estate acquisition process;
• Present oral presentations to the City Board of Trustees, as requested by the City; and
• Ensure all State laws and procedures regarding real estate appraisals are followed.
• Appraisal Report Review
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