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Committee backs bill allowing cities to use exclusive listing agreements to sell public property
Summary
House Bill 1401, backed by the League of North Dakota Cities, would allow non‑home‑rule cities to enter exclusive agency agreements with real‑estate brokers and requires a competitive and transparent selection process; committee gave the bill a unanimous due‑pass recommendation.
The Senate Industry and Business Committee unanimously recommended a due pass for House Bill 1401, which would let cities use exclusive listing agreements with licensed real‑estate brokers when selling public property and requires a public, competitive process for selecting an agent.
Representative Jonathan Warrie, who introduced the bill on behalf of the League of North Dakota Cities, said some cities do not get fair market value when they rely solely on the public‑notice and highest‑responsible‑bid approach under current state law.…
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