City of Saint Peter Council Meeting Agenda Packet April 27 2026
City signs exclusive listing agreement with Miller Real Estate for Cullen Street lots
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Description
Saint Peter entered into an exclusive right-to-sell listing contract with Miller Real Estate to market 16 city-owned Cullen Street lots through MLS from April 2026 to May 2027, with a 4% commission structure and provisions for to-be-built home listings. The broader partnership with Miller Homes includes catalyst funding of up to $100,000 per custom home, to be repaid at closing.
Contract Details
Contract Amount
4% commission on lot sale prices; plus $100,000 per custom home as catalyst money (repaid at closing), up to 2 homes
Vendor
MILLER REAL ESTATE
Agency
HRA of ST. PETER, MINNESOTA, MN
Contract Type
PROFESSIONAL_SERVICES
Document Date
April 27, 2026
Contract Term
April 22, 2026 – May 31, 2027
Renewal Date
2027-05-31
Renewal Info
Listing contract runs through May 31, 2027; any renewal or extension would require a new written agreement.
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EXTENDEDcity-of-hastings-city-council-minutes-january-8-2024_107.pdf
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