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  5. ›City of Rancho Cordova Request for Qualifications: Buyers…

City of Rancho Cordova·California

City of Rancho Cordova Request for Qualifications: Buyers Representative Services

Closes 5/28/2026$150k – $1.2MRequest for Qualification
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Description

The City of Rancho Cordova is seeking a qualified real estate firm or individual to provide Buyer's Representative services for the potential acquisition of one of two pre-identified office properties for adaptive reuse as a community center. The selected consultant will act as a trusted advisor and advocate, representing the City's interests throughout the evaluation, negotiation, and acquisition process. The scope of work includes two phases: Phase I, which involves assistance with the evaluation and potential acquisition of one of the two properties, and Phase II, which involves on-call real estate advisory and acquisition support services for future City property transactions. • The community center project is anticipated to include event gathering space, multipurpose facilities, black box theatre, meeting rooms, administrative offices, and outdoor event space. • The City's goal is to select the site that best meets program needs, represents sound fiscal stewardship, and minimizes acquisition and redevelopment risk. • The selected consultant will serve as a critical partner to City staff, helping to bridge real estate expertise with the City's planning, legal, and financial processes.

Attached files

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

Contact

Ashley Kobe(Administrative Analyst)

[email protected]

(916) 851-8785

Key dates

Opened
5/12/2026
Questions due
5/18/2026
Closes
5/28/2026
Projected award
6/9/2026
Duration
3 years

Last updated

Details

Type
Request for Qualification
Industry
Real Estate
NAICS
531210
Solicitation №
Not explicitly stated, but the document is a Request for Qualifications (RFQ) for Buyer's Representative services

Budget estimate

$150,000 – $1,200,000

The budget for this opportunity is not explicitly stated, but based on the scope of work, it is likely to be a percentage-based fee for Phase I services, with a potential annual or aggregate cap for on-call services in Phase II. The total compensation under this agreement for both phases shall not exceed an amount established by the City. Assuming a moderate-sized community center project, the total acquisition cost could be in the range of $5 million to $20 million. With a typical real estate commission rate of 2-5%, the budget for Phase I services could be $100,000 to $1 million. For Phase II services, the budget would depend on the specific tasks and hourly rates, but an annual cap of $50,000 to $200,000 is possible. Therefore, the estimated budget range for this opportunity is $150,000 to $1.2 million.

AI estimate from the solicitation

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