Real Estate Broker Services

The Vendor is required to provide real estate brokers/firms who specialize commercial and residential properties to provide general consulting and to assist in the sale, lease and licensing, and purchase of city real estate properties.
- Requirement:
• Develop strategies for sale, lease, and licensing of designated city-owned properties (such as conducting a study of comparable properties).
• Develop marketing materials (electronic and hard copy) to advertise sites for sale, distribute the materials to potential buyers via the appropriate form(s) of media and report the results to the city on an agreed upon frequency.
• Advise the city on strategies to promote and sell the designated sites.
• Public presentations may be required.
• Participate in site tours of city-owned property with potential buyers.
• Analyze offers from potential buyers and advise the city with respect to negotiations.
• Assist and perhaps represent the city in negotiations with a prospective buyer, lessee, or licensee from the time of offer until closing, as applicable.
• Coordinate real estate transaction closings.
• Conduct all other customary activities and services associated with real estate transactions.
• Provide as needed counselling on miscellaneous real estate matters.
• Represent/coordinate, as needed, real estate transactions and appraisals for purchase/sale or lease/licensing of property.