Hire real estate company to sell city-owned foreclosed homes

Housing & HomelessnessContracts

In Plain English

The city owns several homes it bought during the foreclosure crisis through a federal program. CES Premiere Real Estate will now list and sell these properties for the city. The company gets paid 3% commission only when homes sell, so no upfront cost to the city.

Auto-generated summary. Source: official agenda documents.

Votes

Approve consent calendar

Moved by: Councilmember ButtSeconded by: Councilmember Beckles
Passed

7 to 0

McLaughlinAye
BecklesAye
BoozéAye
BatesAye
MyrickAye
ButtAye
RogersAye