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City of Carlsbad·California

Affordable Housing Real Estate Services

Closes 8/7/2026$200k – $1MRequest for Proposal
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Description

The City of Carlsbad is seeking a qualified firm (or team of firms) to provide comprehensive real‑estate services for the resale of city‑owned, deed‑restricted affordable housing units. The vendor must act as the exclusive broker, underwrite buyer eligibility, and manage escrow closings for each transaction, supporting the City’s affordable‑housing resale program from marketing through settlement. • Real‑Estate Broker Services – market, list, and negotiate the sale of below‑market‑rate homes; conduct inspections and represent the City. • Program Application Underwriting – screen and verify buyer eligibility, process applications, coordinate purchase documents, and maintain compliance with HUD/CA‑HCD guidelines. • Escrow Services – prepare and close escrow, satisfy all conditions, and provide required documentation and releases. • Contract term is one year starting January 2027, with up to three one‑year renewal options; vendor must demonstrate experience in Carlsbad MLS transactions, affordable‑housing resale programs, and hold appropriate California real‑estate and escrow licenses.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Erin Peak(Homeless Services Manager)

[email protected]

Key dates

Opened
6/15/2026
Questions due
7/24/2026
Closes
8/7/2026
Duration
1 year

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531210
Solicitation №
RFP 26-10

Budget estimate

$200,000 – $1,000,000

The solicitation does not disclose a total contract ceiling; payment will be based on fee structures (percentage of sale price, fixed fees, or hourly rates) for brokerage, underwriting, and escrow. Assuming the City will sell a portfolio of 10–30 affordable units annually at $300‑$500 k each, and typical broker fees range 2‑5 % of sale price, total earnings could fall between $200 k (conservative low‑sale, low‑fee scenario) and $1 M (higher‑sale volume and fee). The estimate also considers possible fixed‑price or hourly arrangements that could raise the upper bound.

AI estimate from the solicitation

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