Real Estate Services

The Vendor is required to provide real estate services for include:
• Recommend the listing prices of city surplus properties based on their marketability and comparable properties in the area
• Recommend a minimum sale price for the site for the city to consider and a projected timeline for sales at various listing prices
• Development and management of solicitations and marketing processes
• Vetting and evaluation of potential developers and projects
• Coordination with city staff to organize and facility buyer site tours
• At the direction of city staff, assist in communications and negotiations with prospective purchasers only after, and to the extent, the city determines that such communications or negotiations are permissible under the surplus land act and other applicable law. Consultant shall not agree to or represent that the city has agreed to any price, term, exclusive negotiating arrangement, purchase agreement, or other disposition term without express written authorization from the city
• Coordinate with city staff relating to the sale of real estate
• Coordination of all customary activities and services associated with real estate transactions.