The Department of Agriculture Rural Housing Service Chief Financial Office awarded Dawson's Realty & Mortgages, Inc. a single-award, indefinite delivery contract with a potential value of $45,181,488.94 to provide nationwide real estate owned property disposition services from May 2021 through November 2023. Under the contract, two firm fixed price delivery orders have been issued to Dawson's Realty for $15,024,200 and $24,714,390 respectively.
The delivery orders require Dawson's Realty to perform property management, marketing, and disposition functions for single-family homes in the Rural Housing Service's real estate owned portfolio located in Atlanta, Georgia. Services include listing, inspecting, preserving, and marketing properties to support the agency's mission of expanding affordable housing opportunities in rural areas. The original solicitation sought information from potential vendors to establish real estate owned disposition services nationwide to reduce inventory holding time and costs for the 225,643-property portfolio valued over $1 billion. Respondents were required to demonstrate experience meeting the agency's regulatory requirements for classification, marketing, sales, and post-closing documentation outlined in the Department of Agriculture handbook.
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