6-1. RFP-287-26 Specifications.pdf
PDF 177 KB Posted
- Attached to
- Real Estate Brokerage Services
- Solicitation number
- RFP-287-26
- Issued by
- Boulder County, Colorado
About this file
This specifications document outlines the requirements for a Real Estate Brokerage Services contract issued by Boulder County Building Services, a division of Public Works in Colorado. Boulder County seeks qualified licensed Colorado real estate brokers to provide comprehensive real estate services including marketing and listing various county properties to identify potential buyers and to facilitate the acquisition of new properties through purchase or lease. The scope of work encompasses assisting the county with sales, purchases, and leases of commercial property; providing real estate market research and analysis with periodic reports; writing standard real estate contracts using Colorado Division of Real Estate approved documents; preparing Broker's Price Opinions on potential transactions; coordinating contract details including appraisals, inspections, title work, surveys, and settlements; accompanying county representatives at settlements; coordinating with title companies; showing properties within reasonable timeframes; and documenting negotiation and acquisition activities.
Eligible brokers must hold a current Colorado Real Estate Broker's license, demonstrate listing and selling experience with commercial properties, possess a minimum of ten years' experience specifically in the Boulder County market, and show demonstrated experience providing real estate services to municipal governments. All submittals must include documentation evidencing compliance with these minimum qualifications, and failure to provide required documentation may result in rejection of the submittal as non-responsive. When the broker acts as a buyer's agent for the county, the seller or property owner is responsible for paying the agent's commission, ensuring the county does not bear commission costs for purchase transactions.
View the file
Other files
| File | Type | Posted |
|---|---|---|
| 5-2. RFP-287-26 Submission Format.pdf | ||
| 4-5. Boulder County Sample Services Contract.docx | DOCX document | |
| 2-4. Exhibit A - Insurance Requirements.pdf | ||
| 3-3, Evaluation Criteria.pdf | ||
| 1-Vendor Information for Bonfire - Fillable.pdf |
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Text version
Boulder County Procurement
SPECIFICATIONS
MINIMUM QUALIFICATIONS
Brokers must demonstrate that they have the resources and capability to provide the materials and services as described herein. All Submitters shall submit documentation with their submittal indicating compliance with the minimum qualifications. Failure to include any of the required documentation may be cause for submittal to be deemed non-responsive and rejected. The following criteria shall be met in order to be eligible for this contract:
• Proof of current Colorado Real Estate Broker’s license. Provide a copy of a current license.
• Listing and selling experience of commercial properties
• Broker must have at least ten (10) years’ experience specifically in the Boulder
County market
• Demonstrated experience in providing real estate services to municipal governments
SCOPE OF WORK
Submittals shall meet or exceed the requirements contained herein. The Broker shall:
1. Assist Boulder County with the sale, purchase, and lease of commercial property by acting as its agent in real estate transactions as needed. When acting in the capacity of a buyer’s agent for the County, the seller/owner will be responsible for paying agents’ commissions.
2. Provide Boulder County with real estate market research and analysis and provide periodic reports as necessary to inform decision making.
3. Be responsible for writing standard real estate contracts using the Colorado Division of Real Estate approved contract and its accompanying documents, various banks addendums and any County addendum, if applicable.
4. Be responsible for communicating the current market conditions to the County representative(s) by preparing a Broker’s Price Opinion (BPO) on all potential purchases or sales. The Broker will also keep a market watch on current properties available for purchase through research on all available MLS and other databases.
5. Coordinate details of all ratified real estate contracts to ensure that contract requirements are met in accordance with the contract timelines. These items include but are not limited to: appraisal, facility inspections, other inspections, order title work, order survey, schedule settlement, and coordinate all contract post ratification addendums with other parties involved in the transaction.
6. Accompany Boulder County representatives and/or purchasers at real estate settlements when necessary.
7. Coordinate with the title company to ensure that all parties have submitted necessary documentation to settlement within the contract timelines and/or deadlines.
8. Be available within a reasonable amount of time to show properties to qualified purchasers and/or Boulder County representatives.
9. Participate in and document negotiation and acquisition activities which may include, but are not limited to, phone calls, individual meetings, multiple-party meetings, settlement agreements, counter submittals, objections to any matters of record or issues presented, justifications contradictory to or in support of any issues, legal proceedings and/or matters of title to property.
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