Project Information

Bid Title

REQUEST FOR PROPOSALS FOR AN APPRAISAL OF VARIOUS MULTI-FAMILY UNIT & SINGLE HOME PROPERTIES

Issuing Agency

City of San Buenaventura

Location

California

Published Date

Nov 27, 2025

Closing Date

Dec 15, 2025

Government Level

State & Local

Status

Closed

Original Source

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Bid Documents

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Project Description

REQUEST FOR PROPOSALS FOR AN APPRAISAL OF VARIOUS MULTI-FAMILY UNIT & SINGLE HOME PROPERTIES

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Issued: November 26, 2025

REQUEST FOR PROPOSALS

FOR AN APPRAISAL OF VARIOUS

MULTI-FAMILY UNIT & SINGLE HOME

PROPERTIES

For Appraisal Services for Single-family residential homes and Duplexes for a

Section 18 Disposition project within the City of Ventura.

By: Homecomings, Inc., nonprofit affiliate of the Housing Authority of the City of San

Buenaventura

Submittal Deadline:

December 15, 2025, at 4:00 PM Pacific Standard Time

All questions regarding this RFP must be submitted via email to:

Marco Valencia, Project Manager

mvalencia@venturahousing.org

1

Table of Contents

I. Overview ........................................................................................................3

II. Appraisal Services We Are Seeking................................................................3

III. Expenses Associated with Proposal Submission ..........................................3

IV. Homecomings’ Options................................................................................3

V. Other Staff Communication...........................................................................3

VI. Contract.......................................................................................................3

A. General Information..................................................................................3

B. Term ........................................................................................................4

C. Scope of Work..........................................................................................4

D. Timeline................................................................................................4-5

VII. Submission Requirements ..........................................................................5

A. General Information ................................................................................5

B. Additional Submitted Information as Part of RFP ....................................5-6

C. Evaluation Criteria...................................................................................6

D. Evaluation Process, Schedule and Milestones ..........................................6

Exhibit A – Site Addresses..................................................................................7

Exhibit B – Insurance Requirements ............................................................. 8-10

2

Homecomings, Inc. (hereinafter referred to as "Homecomings”) invites responses to

this Request for Proposals (RFP) for a qualified licensed real estate appraiser to

prepare property appraisals of four (4) single-family homes and three (3) duplexes.

Responses to the RFP are invited from currently licensed California real estate

appraisers.

I. OVERVIEW

Homecomings intends to apply for the U.S. Department of Housing and Urban

Development (HUD) Section 18 Program to request their permission to dispose of 10

properties from its public housing portfolio via an open bid process. Homecomings

is required to provide a Fair Market Value appraisal to HUD before the disposition

approval.

II. APPRAISAL SERVICES WE ARE SEEKING

Homecomings is seeking a qualified real estate appraiser with proven expertise in the

City of Ventura real estate market, with a focus on residential properties.

III. EXPENSE ASSOCIATED WITH PROPOSAL SUBMISSION

All costs associated with preparing and submitting proposals to Homecomings shall

be the sole responsibility of the Respondent.

IV. HOMECOMINGS’ OPTIONS

Homecomings may, at its sole discretion, reject any and all, or parts of any and all,

proposals; re-advertise this RFP; postpone or cancel, at any time this RFP process; or

waive any irregularities in this RFP or in the proposals received as a result of this RFP.

Also, the determination of the criteria and process whereby proposals are evaluated,

the decision as to who shall receive a contract award, or whether or not an award shall

ever be made as a result of this RFP, shall be at the sole and absolute discretion of

Homecomings.

V. OTHER STAFF COMMUNICATIONS

Under no circumstances may any member of the Board or any staff member other than

the contact specified in this RFP be contacted during this RFP process by any entity

intending to submit a response to this RFP. Failure to comply with this request will

result in disqualification. All questions should be directed to the individual identified

herein.

3

VI. CONTRACT

A. General Information

Any firm or individual selected must be willing to carry out a Professional Services

Agreement. The agreement will require that the Respondent provide appropriate

State and Local certifications/licensing and meet Homecomings’ Insurance

requirements as outlined in Exhibit B.

B. Term

Time is of the essence in preparing these appraisals, which are required to apply for

the U.S. Department of Housing and Urban Development (HUD) Section 18 Program.

C. Scope of Work

The scope of appraisal will include, but not be limited to the following:

• Analyze and detail the appraisal assignment and highest and best use

of the property.

• Valuations of the land and show the land by acreage and square

footage.

• Valuation of the building(s).

• Analyze and detail comparable improved sales, land sales, and rental

data as appropriate.

• Consider and develop the sales comparison and income

capitalization approaches to value.

• Analyze collected data and synthesize information into appropriate

value estimates.

• Prepare an email response, in Adobe PDF format, and a summary

appraisal report.

D. Timeline

RFP Issued

Questions in writing due

Responses to questions and addendum issued

November 26, 2025

December 8, 2025, 5:00 pm

December 10, 2025, 5:30 pm

Proposals due

December 15, 2025, 4:00 pm

Proposal evaluation

December 15-18, 2025

Consultant notified of preliminary selection, approval Week of December 18, 2025

4

VII.SUBMISSION REQUIREMENTS

A. General Information

1. All proposals shall be emailed, and the subject line should include

“Proposal for Duplex & Single-Family Home Appraisals”.

2. Respondent shall submit a cover letter which must include name and

address of firm and name and contact information of the person(s) authorized

to make representations and respond to questions.

3. Submissions shall consist of one (1) PDF of the response containing all

required materials.

4. The response will be reviewed and a selection made by Homecomings

based on free and open competition.

B. Additional Information to be Submitted as Part of RFP

1. Number of years the individual or firm has been in business under

current or previous business names.

2. The name and resume of the lead appraiser and, if applicable, the

appraiser and or the team of appraisers assigned to back-up the primary

person in his/her absence.

3. The name and title of the person(s) authorized to execute a contract on

behalf of the firm.

4. Provide a schedule for how you would proceed and how long you

anticipate it would take to complete all the 7 appraisals indicated.

5. Provide a detailed cost estimate and the basis for your pricing (e.g., flat

fee per complex or per-unit pricing). Include anticipated costs for updated

appraisals within one year. Ensure clarity so proposals can be compared fairly

and the selection process can proceed efficiently.

6. Three (3) client references, particularly those with similar needs and

volume requirements. References should include firm, contact person,

address, and contact phone number or email address.

7. Minority/Women Business Enterprises (M/WBE) status and

documentation, as applicable. It is the policy of Homecomings to involve

5

Commodity Codes

• NAICS 531320Offices of Real Estate Appraisers

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