REQUEST FOR PROPOSAL FOR BROKERAGE SERVICES FOR HUD SECTION 18 DISPOSITION

Project Information

Bid Title
REQUEST FOR PROPOSAL FOR BROKERAGE SERVICES FOR HUD SECTION 18 DISPOSITION
Issuing Agency
City of San Buenaventura
Location
California
Published Date
Dec 29, 2025
Closing Date
Jan 12, 2026
Government Level
State & Local
Status
Closed
Original Source
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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
Duplex
Single-Family Home
Duplex
Single-Family Home
Single-Family Home
Single-Family Home
PAGE 2
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”
PAGE 3
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 1320, 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.
PAGE 4
Commodity Codes
  • NAICS 531210Offices of Real Estate Agents and Brokers
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