Request for Quote

Omaha Municipal Land Bank (OMLB) is seeking to hire brokerage firm(s) to provide brokerage and marketing services for OMLB-owned properties within its inventory available for sale. Properties to be assigned will include both current and future acquired vacant lots and lots containing vacant structures.

It is the intent of this RFQ to have the successful broker/firm enter into a one (1) year Professional Services Contract with OMLB to supply real estate and brokerage services for each as outlined herein.

BID ITEM DATES
ISSUANCE OF BID 05/01/2023
PRE-BID MEETING 05/23/2023
BID DEADLINE 06/05/2023

RFQ Questions & Answers

How can the way in which this RFP was released be considered to be transparent to the community (general public)?

Submitted Question

When other City of Omaha entities (Planning Department, Public Works, i.e.) release an RFP the RFP is usually publicly released at different outlets and the applicable department website(s). However, I did not find this to be true with the OMLB RFP for Real Estate and Brokerage Services released on May 1, 2023. However, at the OMLB meetings, transparency is continuously being noted. How can the way in which this RFP was released be considered to be transparent to the community (general public)?

OMLB Answer

OMLB is a public corporation acting in a governmental capacity. However pursuant to Division 5 of the Omaha Municipal Code, Section 2-237, all of its rights and duties shall be separate from those of the City of Omaha. Additionally, Section 18-3407 of the Nebraska Municipal Land Bank Act grants the Board of Directors of the Omaha Municipal Land Bank the ability to adopt by-laws, policies, and procedures under which OMLB conducts its affairs. For these reasons, the Omaha Municipal Land Bank’s processes and procedures will not necessarily be the same as those of the City of Omaha.

On April 14, 2021, the Board of Directors adopted its Procurement Policy which governs the procurement procedure and process. The Land Bank has taken appropriate measures to adhere to the Notice of Public Meeting protocols for board meetings and follow protocol for the Open Records requests.

The announcement of the RFQ was presented in the Board of Directors’ meeting. Any requests made for information related to this RFQ are delivered and encouraged to be shared amongst the requestor’s network. By presenting the Outreach Plan, which included the sourcing of Brokerage firms to list OMLB properties, the OMLB team is presenting a transparent approach to its operations.

The RFQ was distributed to the roster of brokerage firms accessed through the Omaha Board of Realtors. Through delivering the RFQ to the brokerage firms, OMLB leveraged its existing capacity and resources to reach the heads of firms. Through engaging a brokerage firm(s)  OMLB is establishing a transparent and consistent approach to the pricing of land bank properties.

 

What if anything is being done to market the to the minority and/or agents that primarily work the North Omaha area?

Submitted Question

What if anything is being done to market the Omaha Land Bank and its properties to the minority and/or agents that primarily work in the North Omaha area?

OMLB Answer

The RFQ was distributed to the roster of brokerage firms accessed through the Omaha Board of Realtors. Through delivering the RFQ to the brokerage firms, OMLB leveraged its existing capacity and resources to reach the heads of firms. The announcement of the RFQ was presented in the Board of Directors’ meeting. Any requests made for information related to this RFQ are delivered and encouraged to be shared amongst the requestor’s network.

As OMLB continues to build out its staff capacity and procurement program, it will additional opportunities to expend additional resources to develop targeted campaigns as needed.

 

If this round is missed, how can a realtor or firm participate in the existing or future realtor related RFQ?

)ubmitted Question

How is a licensed realtor able to be part of the “team member” or participate in the marketing, selling, etc. of OMLB properties if their broker is not a selected broker, was not aware of RFP, and/or did not respond to the RFP?

OMLB Answer

According to the Nebraska Real Estate License Act (81-885.01)(6), an Salesperson means any person, other than an associate broker, who is employed by a broker to participate in any activity described in (81-885.01)(2), which defines a broker. 

Quotes must be received by OMLB by June 5, 2023, at 5:00 PM CST. Late Quote submissions will be returned unopened or remain unread.

Issuance of this RFQ and receipt of proposals does not obligate OMLB to award a contract. Nor does it constitute a commitment by OMLB to Respondents, impose any legal obligation on OMLB, or establish any formal relationship between OMLB and Respondents. OMLB reserves the right to postpone the bid deadline, accept or reject any or all proposals received in response to this RFQ, negotiate with any or all the Respondents, or cancel all or part of this RFQ.

If anyone who wishes to be an OMLB vendors and are interested in being notified of future bid opportuntites, they should register through OMLB’s Vendor Registration Form.

Pre-Bid Meeting

The Pre-bid meeting intended to discuss the RFQ for Brokerage & Realtor Services. Attendees may leverage this opportunity to learn more information related to the specifications and expectations outlined in the RFQ. OMLB staff will be present to address any questions prior to the bid deadline.

Referenced Zones

Equitable Revitalization

Equitable revitalization is the process of improving disinvested neighborhoods through intentional reinvestment. It unites policy, practice, and process to ensure all people live in strong, healthy, vibrant communities.

Systemic Vacancy

Every person deserves to live in a community where property vacancy, abandonment, and deterioration do not exist. Even in the most vibrant communities, however, there are neighborhoods trapped in the grips of systemic racism and intergenerational poverty

Costs of Vacant, Abandoned, & Detriorated Properties

Understanding the true and complete costs of VAD properties is critically important in building the case to reform the broken status quo and implement more equitable, effective, and efficient solutions.

Demonstrating Positive Impacts on Communities

By acquiring problem properties, stewarding them on behalf of the public, engaging residents, and attracting new investment, land banks are generating significant positive impacts for the communities they serve.