Task
List
| TASKS AND RESPONSIBILITIES |
SURPLUS
|
LOCAL
PARTNER
|
| Establish marketing plan |
X
|
X
|
| Provide
building plans, site plans and/or surveys (printed materials &
electronic format) |
X
|
|
| Provide
demographic information |
X
|
|
| Provide
aerial photograph(s) |
X
|
X
|
| Provide utility history |
X
|
|
| Confirm
property specs for brochure and web site |
X
|
|
| Provide local zoning and signage regulations |
X
|
|
| Provide traffic counts |
X
|
|
| Provide
pictures of main building, other improvements, signage, etc. |
X
|
|
| Provide
city/county tax records |
X
|
|
| Compose
physical description for brochure and web site (including adjacent
uses, if positive; property benefits; access; visibility; exposure) |
X
|
|
| Design
and provide marketing brochures |
X
|
X
|
| Maintain
web site/Loopnet information |
X
|
|
| Review
existing operating agreements/ easements/restrictions |
X
|
X
|
| Review
existing leases (if applicable) |
X
|
X
|
| Provide
alternative uses/users |
X
|
|
| Provide
comparable sales from past Payless activity |
X
|
|
| Review
appraisal(s) to assist with determining market value(s) |
X
|
X
|
| Provide
local market information including sales comparables |
|
X
|
| Consult
with client regarding asking price, acceptable sale price and estimated
marketing time |
X
|
|
| Establish
expected sale price and asking price |
X
|
X
|
| Design
and order property signs |
X
|
|
| Conduct
weekly property inspections and coordinate other local issues |
X
|
|
| Coordinate
maintenance of property, including setting thermostat(s) to a minimum
of 65 degrees |
X
|
X
|
| Complete
on-line status/progress reports to Surplus every other week |
X
|
|
| Provide
status reports to client every other week |
X
|
|
| Identify
prospective purchasers |
X
|
X
|
| Qualify
prospective purchasers and generate proposals |
X
|
|
| Negotiate
offers, prepare counter offers and draft sale contract |
X
|
|
| Work
with client and attorneys on contract issues |
X
|
|
| Provide
buyer with copies of plans, environmental report and other due diligence
materials |
X
|
|
| Work
with buyer on title matters and due diligence issues |
X
|
|
| Prepare
closing documents |
X
|
|
| Provide
Surplus with documentation of out-of-pocket expenses and information
for payment of commission |
X
|
|
| Provide
client with expense documentation and title company with instructions
for payment of commissions |
X
|
|
| Coordinate
sale closing with client and title company |
X
|
