The District may engage a real estate 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:

1. 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.
2. 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 leaves full time real estate activities.

Approved by the Board 03/18/1998