CONTRACTPENDING

City Broker to Receive Fees for Land Sale Transaction

Town of West Branch logoTown of West Branch
Disclosed value
$200 administrative fee, 2.5% commission (from buyer)
From agenda
Document date
Oct 21, 2024

The 30-second brief

What it covers

Morris Richardson Real Estate is set to receive a $200 administrative fee and a 2.5% commission for facilitating the sale of city-owned property to LKR Property LLC. Compensation is due upon closing of the transaction.

Who holds it

Morris Richardson Real Estate holds this professional services contract with Town of West Branch. Its other public contracts on record include work for Town of South Branch.

What happens next

Term as filed: One-time, coincides with property sale closing.

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Contract details

Contract type
Professional Services
Amount
$200 administrative fee, 2.5% commission (from buyer)
Document date
October 21, 2024
Term
One-time, coincides with property sale closing
Source document
town-of-west-branch-city-council-meeting-agenda-october-21-2024_fd0.pdf (Agenda)

Morris Richardson Real Estate's other public contracts

More Town of West Branch contracts

Questions about this contract

Who was awarded the professional services contract by Town of West Branch?

Morris Richardson Real Estate was awarded this professional services contract by Town of West Branch, as recorded on October 21, 2024. The contract value is $200 administrative fee, 2.5% commission (from buyer).

How much is the Morris Richardson Real Estate contract with Town of West Branch worth?

The Morris Richardson Real Estate contract with Town of West Branch is valued at $200 administrative fee, 2.5% commission (from buyer), covering professional services work.

What type of contract is this?

This is a Professional Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in town-of-west-branch-city-council-meeting-agenda-october-21-2024_fd0.pdf (Agenda), dated October 21, 2024 from Town of West Branch. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Morris Richardson Real Estate hold?

Morris Richardson Real Estate may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Town of West Branch currently buying?

Explore Town of West Branch's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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