Realtor for Sale of Denver Avenue Station (DAS)

The Metropolitan Tulsa Transit Authority (MTTA) is requesting proposals from active Oklahoma-licensed realtors to market and sell the Denver Avenue Station property at 319 S Denver Avenue, Tulsa, Oklahoma, with proposals due July 20, 2026 at 4:30 p.m. CDT via Bonfire. An active Oklahoma real estate license is the mandatory eligibility requirement.

The selected realtor will conduct property evaluation and market analysis, develop marketing and listing strategy, pre-qualify potential buyers, support negotiation and closing, and handle regulatory compliance and documentation. MTTA's stated objective is to maximize net property sale value by securing the highest sales price with the lowest commissions allowed by law. The engagement operates under a fixed-price structure with commissions payable from sales proceeds.

Evaluation will be weighted: Project Understanding and Approach (25 points), Vendor Past Project-Related Experience and Client References (25 points), and Price (50 points). Price dominates the scoring methodology. The irrevocable offer expires July 29, 2027.

Proposers must provide a notarized Statement of Bidder's Qualifications, DBE Qualification Form, Authorization for Information, a minimum of five customer references, and federal certifications addressing debarment, lobbying, and fraud. Proof of insurance at minimal required levels and compliance with the Oklahoma Real Estate License Code are mandatory. The contract is subject to financial assistance agreements between MTTA, the Federal Transit Administration, and the State of Oklahoma. Questions are due July 16, 2026, with responses provided July 17. A tentative contract award date is set for July 29, 2026. Payment terms are Net 30 days following receipt of correct invoices.