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SB 0397 - Counties May Retain Services of Real Estate Broker
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Tracking Level: Support
Sponsor: Ben Watson (R)
Last Action: 5/3/2018 - Act 363
Senate Committee: State and Local Governmental Operations
House Committee: Governmental Affairs
Assigned To:
ProcurementNext Bill
Todd EdwardsNext Bill

Staff Analysis of the Legislation

This legislation authorizes cities and counties to retain the services of a licensed real estate broker to assist in the disposition of surplus real property.  The services must be procured by an RFP, to include the minimum broker qualifications and experience.  Said broker must then issue a call or request for sealed bids and publish notice in the legal organ, including a legal description of the real property to be sold; market the disposition of the property; comply with all laws; create a website which posts all information; immediately forward the sealed bids to the local government; is prohibited from working with or aiding a prospective buyer; and must agree upon the sales commission with the county.        

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text

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