City-Owned Property Market and Sell Services

The City of Lake Elmo, Minnesota, is seeking a real estate broker to market and sell city-owned parcels of land. The agency needs to sell properties that are primarily guided for business park development, requiring expertise in both commercial and industrial land sales. To solve this vacancy issue, the selected broker must develop sales strategies, create marketing materials, and actively advertise the properties. The scope of work requires the broker to evaluate market research and data to recommend property pricing and field all incoming inquiries. The broker will analyze offers from potential buyers, advise the city during negotiations, and present all offers to the city council and commissions in a timely manner. Additionally, the broker must coordinate real estate transaction documents with city staff and handle all standard activities associated with real estate transactions. Eligible bidders must be onshore organizations based in the United States. The selected broker must perform the contract work onsite in Lake Elmo. Bidders must submit their proposals digitally via email or online, and the agency is currently looking for budget proposals to determine the cost of services. The agency requires all questions regarding this opportunity to be submitted no later than May 29, 2026.