REQUEST FOR PROPOSAL FOR BROKERAGE SERVICES FOR HUD SECTION 18 DISPOSITION

Agency:	City of San Buenaventura
State:	California
Type of Government:	State & Local
NAICS Category:	531210 - Offices of Real Estate Agents and Brokers
Posted Date:	Dec 29, 2025
Due Date:	Jan 12, 2026
Original Source:	Please Login to View Page
Contact information:	Please Login to View Page
Bid Documents:	Please Login to View Page

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Homecomings, Inc.

501(c)3

Nonprofit Affiliate

of Ventura Housing

REQUEST FOR PROPOSALS (RFP)

For Real Estate Brokerage Services

Issued by: HOMECOMINGS, INC., a nonprofit Affiliate of Ventura Housing.

Real Estate Brokerage Services for

HUD Section 18 Disposition

Issue Date: December 29, 2025

Proposal Due Date: January 12, 2026 (by 4:00 PM PST)

Contact Information:

Marco Valencia, Project Manager

Email: mvalencia@venturahousing.org

Phone: 805-284-0316

Agency Address:

Ventura Housing

995 Riverside Street

Ventura, CA

Do Not Distribute Outside of Intended Recipients

MAIN OFFICE

Phone/Fax

995 Riverside Street (805) 648-5008

Ventura CA 93001 (805) 643-7984

TDD/TDY

ENG: 1-800-735-2929

ESP: 1-800-855-3000

RFP - BROKER

DECEMBER 29, 2025

REQUEST FOR PROPOSALS (RFP)

For Real Estate Brokerage Services

Issued by: HOMECOMINGS, INC., a nonprofit Affiliate of Ventura Housing.

Issue Date: December 29, 2025

Proposal Due Date: January 12, 2026 (by 4:00 PM PST)

I. INTRODUCTION

HOMECOMINGS, INC., invites qualified and experienced real estate brokers to

submit proposals to provide comprehensive brokerage services for the sale of ten

(10) residential units located in the City of Ventura, California. These units are

currently part of the HUD Public Housing Program and will be sold at market rate

following HUD Section 18 disposition approval.

II. BACKGROUND

HUD Section 18 of the U.S. Housing Act allows housing authorities to dispose of

public housing units under certain conditions, typically when units are obsolete or

when disposition supports the agency’s long-term goals. VENTURA HOUSING will

seek approval to sell these units at fair market value. The selected broker will play a

critical role in ensuring compliance with all applicable HUD requirements and

California real estate regulations.

III. SCOPE OF SERVICES

The selected broker will:

• List and market all properties for sale at fair market value.

• Develop and implement a marketing plan targeting qualified buyers.

• Handle all aspects of the transaction, including negotiations and closing.

• Ensure compliance with HUD Section 18 requirements and California real estate

laws.

• Provide regular updates to Ventura Housing throughout the process.

IV. PROPERTY INFORMATION

Address

8806-8808 North Bank Drive

3372 Birch Street

239 S. Dos Caminos Street

6064-6072 Woodland Avenue

206 Kellogg Street

10373 Darling Road

10408 Jamestown Street

Unit Type

Duplex

Single-Family Home

Duplex

Single-Family Home

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RFP - BROKER

DECEMBER 29, 2025

V. PROPOSAL REQUIREMENTS

Proposals must include:

• Cover Letter with firm name, address, and contact information.

• Commission Structure (clearly stated).

• Marketing Plan detailing strategies and timelines.

• Proposed Timeline for completing sales.

• Qualifications: California real estate license, experience with HUD compliance.

• References: Minimum of three (3) relevant client references.

• Insurance: Confirmation of required coverage (general liability, professional

liability, and any other standard coverage).

• Disclosure of any indictments, convictions, or civil judgments related to fraud or

misconduct within the past 3 years.

VI. MINORITY/WOMEN BUSINESS ENTERPRISE (M/WBE)

HOMECOMINGS, INC., encourages participation by Minority and Women Business

Enterprises. Please indicate if your firm is certified as an M/WBE and provide

supporting documentation.

VII. INSURANCE REQUIREMENTS

The selected broker must maintain adequate insurance coverage, including but not

limited to:

• General Liability Insurance

• Professional Liability (Errors & Omissions) Insurance

• Worker’s Compensation (if applicable)

Proof of insurance will be required before contract execution.

VIII. EVALUATION CRITERIA

Proposals will be evaluated based on:

• Cost / Commission Structure – 30 points

• Experience and Qualifications – 25 points

• Marketing Plan and Approach – 20 points

• Compliance Knowledge (HUD & CA Regulations) – 15 points

• References – 5 points

• M/WBE Participation – 5 points

Total: 100 points

IX. SUBMISSION INSTRUCTIONS

Submit proposals via email in PDF format to:

Marco Valencia, Project Manager

Email: mvalencia@venturahousing.org

Subject Line: “Proposal for Real Estate Brokerage Services – Section 18 Disposition”

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RFP - BROKER

DECEMBER 29, 2025

X. TIMELINE

• RFP Issued: December 29, 2025

• Questions Due: January 2, 2026 (by 5:00 PM PST)

• Responses to Questions Issued: January 7, 2026

• Proposals Due: January 12, 2026 (by 4:00 PM PST)

• Evaluation Period: January 13–20, 2026

• Selection Notification: January 22, 2026

XI. RESERVATION OF RIGHTS

HOMECOMINGS, INC., reserves the right to:

• Reject any or all proposals, or parts of proposals.

• Re-advertise this RFP.

• Postpone or cancel this RFP process at any time.

• Waive any irregularities in this RFP or in proposals received.

• Determine the criteria and process for evaluation and selection.

• Negotiate with the selected broker or any other respondent if negotiations fail.

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This page summarizes the opportunity, including an overview and a preview of the attached documents.

REQUEST FOR PROPOSAL FOR BROKERAGE SERVICES FOR HUD SECTION 18 DISPOSITION

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