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City of Racine Purchasing·Wisconsin

Official Notice #20-2025 Real Estate Services

Closes 12/2/2025$50k – $200kRequest for Proposal
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Description

The City of Racine is seeking proposals for Real Estate Agent Services to sell Community Development Authority (CDA)/City-owned properties and be the agent procuring properties for the city. The selected real estate agent will be responsible for providing services within the Racine area. Key aspects of the job include: • Selling CDA/City-owned properties • Procuring properties for the city • Providing real estate services within the Racine area The city is looking for real estate agents with experience in the Racine area to provide these services.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Jon Dragotta(Purchasing Manager)

[email protected]

Key dates

Opened
11/18/2025
Closes
12/2/2025

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531210
Solicitation №
RFP-Official Notice #20-0-2025/JD

Budget estimate

$50,000 – $200,000

The budget for this opportunity is difficult to estimate, as the document does not provide a specific budget or payment amount. However, based on the scope of work, which includes selling city-owned properties and procuring new ones, the budget could be substantial. The city may pay a commission on each property sold or a flat fee for the real estate services provided. Assuming an average property value of $200,000 and a 5% commission, the budget for each property sold could be $10,000. If the city sells 10 properties per year, the total budget could be $100,000 per year. However, this is a rough estimate and the actual budget could be higher or lower, depending on the specific terms of the contract.

AI estimate from the solicitation

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