CBC-1758-T-TH Property Sales Service

2024-12-09

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Published date: 9 December 2024

Open opportunity - This means that the contract is currently active, and the buying department is looking for potential suppliers to fulfil the contract.

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Contract summary

Industry

Real estate services - 70000000

Real estate services with own property - 70100000

Development services of real estate - 70110000

Show additional CPV codes for this notice

Development of residential real estate - 70111000

Buying and selling of real estate - 70120000

Sale of real estate - 70123000

Housing services - 70333000

Administrative housing services - 75123000

Sales and purchases recording services - 79211120

Location of contract

SG17 5TQ

Value of contract

£0

Procurement reference

IT-33-4393-CBC-1758-T-TH

Published date

9 December 2024

Closing date

6 January 2025

Closing time

12pm

Contract start date

3 February 2025

Contract end date

3 February 2026

Contract type

Service contract

Procedure type

Open procedure (below threshold)

What is an open procedure (below threshold)?

Any interested supplier may submit a tender in response to an opportunity notice.

This procedure can be used for procurements below the relevant contract value threshold.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

Description

Central Bedfordshire Council is planning to increase the number of property disposals as part of a strategic approach to modernising the property portfolio through reinvestment in more modern, warmer and energy efficient homes. The Housing Service requires a professional 'Estate Agency' service to help sell the required properties. The plan is to dispose of between 30 to 60 properties
each year, although this could increase. To demonstrate the potential value of the contract, a typical cost of 1% of the sales price, with an average of £250,000/property, results in fees of £2,500. For 30 disposals, the total value is £75,000.

We require the complete services of an estate agent to sell Council owned domestic properties. The service should include the following:

• Valuation - we require the property to be visited within three working days of request, for a valuation of the property and an explanation of how the valuation was arrived at, including a best price guide. The valuation and other appropriate advice concerning the proposed sale, must be in writing to enable the Council to consider the sales approach. The visit will normally be accompanied with a Council Officer but may be unaccompanied using a key safe.
• Instruction - where the valuation is agreed/approved, the sale of the property will be confirmed through instruction.
• Selling - once instructed, we require the property to be advertised online via Rightmove, Zoopla, and everywhere else buyers look. We require that you host viewings on behalf of the Council, and that you always act professionally on behalf of the Council. We require you to take and consider offers made, putting offers to the Council along with advice and/or recommendations concerning the offer. Where appropriate, you should negotiate the best price (all with our approval).

Please confirm your fee basis, i.e. whether you charge a percentage of the agreed sale price and if so, what percentage you charge. Alternatively, please confirm whether you charge a fixed fee for a completed property sale, and what that fee would be.

More information

Links: https://in-tendhost.co.uk/centralbedfordshire/aspx/

Additional information on how to apply for this contract
Additional text: Is a Recurrent Procurement Type? : No