Real Estate Request For Proposals

Within a real estate request for proposals (“RFP”), a municipality would likely provide a top-down overview for prospective service providers (i.e.: Respondents). Such an overview could include pertinent information about properties included by the municipality in the RFP. These could be properties that a municipality would be looking to convey to rehabbers upon the issuance of the RFP: 1) rehabbed properties, 2) revitalized neighborhoods.

Project-specific criteria prospective service providers would hope to meet during the RFP evaluation process are outlined by a municipality within the RFP. As too would goals be. Goals the municipality is hoping to accomplish through the RFP issuance. Managed through the municipality’s service provider vetting process.

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Author: Ted Ihde

Ted is a real estate broker, a real estate developer as well as co-CEO of Team With Heart.