Specifications include, but are not limited to: 1. The awarded entity shall conduct the sale and acquisition of District property in accordance with District policy as stated in the District’s Procurement Code and Regulations (Attachment A). 2. The Brokerage must have an office located in Greenville County, South Carolina. 3. The Broker/Agent shall agree to use its resources to secure a contract in a District approved manner regarding the purchase and/or sale of Real Property, however, the District shall review and approve any proposed contract prior to finalization of said contract. 4. The Broker/Agent shall perform, at a minimum, the following duties: identify potential sites to be considered for District acquisition, research ownership records, provide documentation related to the property, work with the District’s Administration to secure the approved property and be available to perform other acquisition/sale tasks as directed by the appointed District representative. 5. The Broker/Agent shall be expected to perform negotiations on behalf of the District as a silent representative, however, the Broker/Agent shall not be authorized to enter into any contract or buy or sell any property on behalf of the District without prior Board of Trustee approval. 6. The Broker/Agent shall develop and present periodic reports on the status of property and related transactions and negotiations to the Administration or Board of Trustees as required. 7. The Broker/Agent shall represent itself to all parties as working solely on the behalf of the District and in no case shall receive compensation or other benefits from a non-District Seller or Buyer or any other entity regarding any District related property. 8. The Broker/Agent shall sell Real Property in strict accordance with the District’s Procurement Code and Regulations. Real Property sales shall be offered, advertised and transacted publicly and with adequate, prescribed public notice. 9. The District shall establish a minimum price that it will accept for the sale of any of its Real Property. The District’s Procurement Department will advise the awarded Broker/Agent regarding the conditions of sale of any District-owned property and the required compliance with the District’s Procurement Code and Regulations.
