About this opportunity
AI summaryThe City of Oak Ridge seeks a qualified real estate agent to provide as-needed commercial and other real estate services for the marketing and sale of City-owned properties. The contractor will perform market analyses, establish rental rates, list and market properties across channels like the MLS, recommend sales strategies, and provide leasing recommendations. Eligibility is restricted to onshore USA organizations. Interested vendors must submit sealed proposals by November 23, 2026, at 3:00 p.m. local time to the Central Services Complex in Oak Ridge, Tennessee, with all questions due no later than November 13, 2026.
Buyer and opportunity details
- Client
- City of Oak Ridge
- Solicitation No.
- FY2027-113
Scope of work
- Performing market analyses and recommending sales strategies
- Determining market-based commercial rental rates and providing leasing recommendations
- Listing and marketing properties, including the MLS and other appropriate channels
- Promoting the City's interests with prospective buyers and their representatives
- Negotiating offers and sales agreements on behalf of the City
- Holding earnest money in escrow, as applicable
- Coordinating appraisals, due diligence activities, and transaction closings
- Consulting and coordinating with City staff, City Council, and other stakeholders
How proposals are evaluated
| Criterion | Weight / scoring |
|---|---|
| Experience and Qualifications | 30 points |
| Capabilities and Unique Strengths | up to 25 points |
| Fees Information (15 points based on the Commission Rate) | Up to 25 points |
| Thoroughness and Quality of Response | up to 20 points |
Minimum qualifications
- Must be licensed and in good standing with the State of Tennessee
- Must be knowledgeable in the local real estate market and have experience with small and large commercial properties
- Must be knowledgeable in the use of all public real estate records
- Must have an excellent reputation in the real estate community
Documents to include with your response
- Five bound copies of the proposal
- Operating information including active real estate license number(s) and legal name
- Experience and qualifications narrative for the local commercial real estate market
- Resumes of key personnel directly managing the account
- Fee information stating commission rate for selling properties
Key dates
- Date Issued
- November 4, 2026
- Deadline for Receipt of Written Questions
- Friday, November 13, 2026, at 12:00 p.m.
- Sealed Proposals Due Date
- November 23, 2026 @ 3:00 p.m. local time
How to submit
- Method
- Sealed hard copy envelope or package
- Instructions
- Submit five (5) bound copies enclosed in a sealed envelope or package marked with the firm's name and "RFP FY2027-113: As-Needed Commercial Real Estate Services" to Central Services Complex, City of Oak Ridge, 100 Woodbury Lane, Oak Ridge, Tennessee 37830 (or P.O. Box 1). Facsimile or electronic submissions are not accepted.
Contract details
- Term
- Initial contract term of two (2) years, with options to extend for up to two (2) additional two-year periods, for a maximum possible total term of six (6) years.
- Place of performance
- Oak Ridge, Tennessee
- Insurance and bonding
- Commercial General Liability insurance written on an occurrence form with the City named as additional insured; Workers' Compensation insurance with statutory limits and Employers' Liability; Business Automobile Liability insurance covering owned, hired, and non-owned vehicles; Professional Liability insurance.