3360 - District Real Estate Representative
- PROCEDURE
- The District may engage a real estate agent (agent) to sell real property designated by the Board of Education as surplus and/or negotiate on behalf of the Board for new sites.
- The appointment of a real estate agent will be open to full-time licensed agents or brokers with preference given to those agents residing within the District's boundaries.
- The appointment of a realtor to represent the District will take place in the following manner:
- A request for proposals (RFP) will be solicited by the District Purchasing Department in compliance with applicable laws and regulations. This RFP will include all necessary specifications and qualifications.
- Proposals will be screened by the Board of Education or a committee appointed by the Board. Final selection will be made by the Board with the appointment made at a regularly scheduled meeting of the Board.
- Appointment of an agent will be for a four year period. Individual property listings may be for a shorter duration. The appointment may be renewed for another four year period after a satisfactory review by the Board in a scheduled meeting of the Board. A new RFP process must be initiated at the end of the second four year appointment. Realtor commissions will be negotiated prior to each listing of a specific property.
- The Board of Education may complete periodic reviews of the appointed agent and may terminate any appointment for cause after giving a 10-day notice to the agent. In this circumstance, any individual property listing contracts would continue in force until the established contract period expires.
- An appointment will automatically terminate if the agent loses their license or ceases full-time real estate activities.
- The District may engage a real estate agent (agent) to sell real property designated by the Board of Education as surplus and/or negotiate on behalf of the Board for new sites.
Approved by the Board 03/18/1998