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Amendment No. 1 to Contract With Robert A. Buckner and Associates, Inc., for Realtor/Marketing Agent Services (Contract No. RFP 22-R00060/TPR)
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BRIEF OVERVIEW
On June 14, 2022, the Board of County Commissioners approved Contract No. 22-R00060/TPR to Robert A. Buckner and Associates, Inc., for Realtor/Marketing Agent Services for twelve (12) months with renewal option of two (2) twelve (12) month terms.
The approved contract is for Realtor/Marketing Agent Services for the sale of surplus County property and the purchase of real property on behalf of the County.
Amendment One (1) is asking for a renewal of the contract through June 12, 2024.
In addition to a requested name change from Robert A. Buckner and Associates to Buckner Real Estate, Inc., the amendment is also asking for a price increase in agent commissions.
For properties listed at or reduced to $20,000 or less, the requested commission increase is:
• From 6% to 8% if co-brokered or another agent is involved in.
• From 5% to 7% if sold exclusively by Robert Buckner or Charles Buckner.
Except for items noted in the requested amendment, all other terms and conditions shall remain the same.
FINANCIAL IMPACT
This is a revenue-generating contract for the County.
LEGAL NOTE
The Board has the authority to take the recommended action pursuant to Part II, Chapter 2, Article V of the Hernando County Code of Ordinances.
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RECOMMENDATION
It is recommended that the Board approve and authorize the Chairman’s signature on the attached Amendment No. One (1) with Robert A. Buckner and Associates, Inc., for Realtor/Marketing Agent Services and authorize the Chief Procurement Officer to renew the contract with the requested commission increase including all listed amendment items.