Real Estate Brokerage Services

The City of Palm Bay, located in Brevard County, Florida, is seeking proposals for Real Estate Brokerage Services through RFP #08-RFP-25. The procurement targets national, regional, and local real estate brokerages licensed in Florida, with a preference for firms having a Brevard County office. The primary objective is to secure a broker capable of marketing, listing, and selling city-owned real estate, providing comprehensive commercial real estate services typically offered to government entities. Key deliverables include preparing market analyses, listing properties on multiple listing services, marketing through various channels, facilitating property showings, and managing negotiations and sales. The evaluation criteria will be weighted as follows: qualifications (40%), technical response (40%), and proposed commission rate (20%). The solicitation timeline includes a non-mandatory virtual pre-proposal meeting on July 10, 2025, at 2:30 PM, with proposals due on August 5, 2025, at 9:00 AM, and a proposal opening at 10:30 AM the same day. The initial contract term is twelve months, with potential extensions up to a total of sixty months.

The solicitation does not specify explicit set-aside designations or restrictions for disadvantaged enterprises. The compensation structure includes a 5% commission on final sale prices, increasing to 6% if another licensed real estate broker is involved, with commissions split equally. The City may award contracts to multiple brokers, with property distribution based on broker qualifications and current workload. No incumbent vendors are mentioned, and the city indicates this is a new procurement to establish real estate brokerage services. The scope includes potential sales of various property types, with recent transactions ranging from $15,900 to $192,000 for residential and commercial properties. The city reserves the right to select the proposal that best serves its interests and will coordinate property sales through City Council approval, following administrative codes that outline detailed procedures for surplus property disposition.