DRES administers contracts for commercial real estate broker services, appraisal services, and title services. These contracts are available for the benefit of public bodies, as defined in §2.2-4301. Participation in a cooperative procurement by any public body that is not required to use DRES is strictly voluntary.
Contact DRES at (804) 371-7200 or at DRESemail@example.com for prior approval to use the contracts or for questions regarding procurement services related to real estate transactions.
Commercial Real Estate Broker Services
View the Contract:
Master Contract with Divaris Services, Inc.
Contract Renewal with Divaris Services, Inc.
Divaris Real Estate Inc. is the Commonwealth's contracted broker, assisting DRES with transaction management and strategic planning services. Two senior agents and one senior real estate analyst work alongside DRES in the division's office to provide a one-stop shop for real estate services, including:
• Lease Procurement
• Surplus Sales
• Market Analysis
• Broker Opinion of Value
Divaris' services are not limited to state agencies. The contract allows the agents to serve as a resource other public bodies that may not regularly use DRES, such as independent state agencies, public institutions of higher learning, and localities.
Appraisals and Appraisal Reviews
Through the two existing appraisal contracts, DRES can readily order any type of real estate valuation throughout the Commonwealth.
View the contract from the 2012 IFB
View the 2014 contracts:
Axial Advisory Group
Continental Appraisal Consultants Ltd.
Decision Point Partners LLC
Integra Realty Resources
Knight, Dorin and Roundtrey
Rebel A. Powell, MAI, SRA
View the appraisor spreadsheet listing approved vendors and fees by area
Title Examinations, Title Insurance and Settlement Services
View the contract (*Note: Title Contract has been renewed to August 19, 2018).
View the title spreadsheet listing approved vendors and fees by area