Real Estate Services

The State of Iowa’s Department of Administrative Services is seeking a qualified real‑estate brokerage firm or licensed professional to provide comprehensive real‑estate services for the disposal and management of surplus State property. The contract will be awarded on a commission‑based model and will require the vendor to handle assessment, marketing, transaction management, compliance, and reporting for each property. The solicitation emphasizes timely response to inquiries, strict separation of technical and cost proposals, and completion of required Form 22 for confidentiality. • Scope includes property valuation, MLS and public‑marketing, buyer qualification, offer negotiation, and closing coordination. • Contractor must be an Iowa‑licensed broker, have ≥ 5 years commercial real‑estate experience, and meet response‑time standards (inquiries ≤ 1 day, buyer inquiries ≤ 4 hours, showings ≤ 24 hours). • Payment is commission‑based (percentage of gross sales price) with Net 60 terms; the contract term is 1 year with up to five one‑year extensions (potential total of six years). • Required deliverables: separate technical and cost proposals, signed Form 22, red‑lined terms & conditions if any exceptions, and monthly/quarterly reporting.