Section Tra 1003.03 - Selection Process(a) Once a property has been deemed surplus and qualifies for sale by a real estate professional, the pre-qualification committee shall ask each pre-qualified real estate professional in the region to develop a market analysis based on a specific scope of services.(b) The market analysis shall include the following information: (1) A description of the subject property;(2) A comparison of the subject property to at least three other comparable properties that sold in the past year, if possible;(3) A listing of similar properties currently for sale on the market;(4) The real estate professional's "Opinion of Value" for the subject property;(5) The real estate professional's proposed fees for real estate services;(6) A list of qualifications and experience for the listing real estate professional;(7) Certification that the real estate professional holds all required licenses to sell real estate in the State of New Hampshire;(8) The real estate professional's marketing strategies for the subject property, including a listing of all media outlets the real estate professional intends to use; and(9) The real estate professional's anticipated marketing time required to sell the property.(c) The market analyses for each property shall be submitted to the pre-qualification committee for review.(d) The pre-qualification committee shall evaluate the market analyses submitted by the real estate professionals and rank the top 3 based on the proposal that provides the State with the best value considering scope, complexity and professional nature of the services to be provided. In the case of a tie, the pre-qualification committee shall draw names by random selection and make the first offer to the individual whose name is drawn first.(e) The department shall request approval from the long range capital planning and utilization committee to market the property with the top ranked real estate professional and to sell for the price proposed by the Department. Pursuant to RSA 4:39-c, after receiving the long range capital planning and utilization committee's approval, the department shall first offer the property to the government of the town, city or county in which the property is located. The town, city or county shall have 30 days to respond to the department's offer.(f) If the town, city or county declines the department's offer or does not respond within 30 days, the Department shall offer the listing to the top ranked real estate professional first, and if an agreement cannot be reached, the listing shall be offered to the second ranked real estate professional and so on, subject to approval from long range capital planning and utilization committee.(g) The department shall enter into a contract with the selected real estate professional to market the property. All terms within this contract shall be subject to Governor and Council approval.N.H. Admin. Code § Tra 1003.03
#8536, INTERIM, eff 1-6-06, EXPIRED: 7-5-06
New. #10209, eff 10-23-12