Real Estate agent Representation Services

Northbridge Housing Solutions, an agency under the State of Arkansas, is soliciting proposals for as-needed buyer representation services to acquire various residential properties, including single-family homes, multifamily units, and improved lots in North Little Rock. This firm fixed-price contract has a ceiling of 100,000 dollars and an initial term of one year, with two optional one-year renewals. The selected agent will be responsible for searching and screening properties, analyzing rent rolls for income properties, and ensuring purchase contracts include necessary contingencies for board and HUD approval, environmental reviews, and independent appraisals. To be eligible, firms must hold an active Arkansas real estate license, possess at least three years of experience in Pulaski County or a comparable market, and have closed at least ten residential transactions in the last 36 months, including two multifamily or two-to-four-unit properties. Proposals are due by November 19, 2026, and will be evaluated based on a combination of price and qualifications, with a preference for Section 3 business concerns. The contract is subject to strict federal regulations, including 2 CFR Part 200, HUD Procurement Handbook 7460.8, and the Fair Housing Act. Required insurance includes professional liability and general liability of at least 1,000,000 dollars, and automobile liability of 500,000 dollars.