1. Review financial and market information for participating REO and QC developments and prepare marketing literature to be advertised on the selected contractor's website. The Authority will provide the selected contractor with a report and supporting documentation detailing the location, unit count, features and amenities, and physical condition of identified properties for sale on an ongoing basis. 2. Provide the Authority with a broker’s opinion of value for each of the REO assets prior to marketing. Once the Authority gives authorization to the selected contractor to market the property, the selected contractor shall prepare marketing materials for Authority approval and formulate a marketing strategy. 3. Engage in a weekly conference call with named Authority staff to update the Authority on the status of all properties being actively marketed. Provide the Authority with a summary sheet of all properties being marketed prior to the monthly conference call. Promptly inform Authority staff of any activity that occurs between monthly conference calls.
