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Board discusses listing airport-owned properties on MLS; realtor offers to market off-site parcels and long-term leases
Summary
A meeting participant who said he is a realtor offered to list 10 off-site airport-owned properties on MLS, proposed a buyer’s-rep commission structure for long-term leases, and staff said they will check legal and procedural requirements and return with recommendations.
A meeting participant who identified himself as a realtor offered to list the airport’s available off-site properties on the multiple-listing service at no listing commission, asking the board to authorize payment of a buyer’s-rep commission for successful long-term leases.
The realtor said he would take photos, gather property specs and post listings; he proposed paying a buyer’s commission tied to the lease life — for example, 2% of a 5– or 10‑year lease — to incentivize broker participation. He told the board, “I won't require anything, but we will have to pass, you know, to be able to pay a buyer's commission.”
Staff explained the properties under discussion are non‑aeronautical, off‑airport parcels that the airport retains; staff said roughly 10 such properties are currently available. Staff also told the board that non‑aeronautical listings and ground leases typically run 20–40 years and that at the end of the lease the land reverts to the city under prior practice.
Legal and procurement questions arose: staff said real-estate services are professional services and can often be contracted without a formal RFP, but they will confirm legal requirements. The board directed staff to check legalities, confirm commission limits and return with options at the next meeting.
Why it matters: Listing and marketing airport-owned surplus land or buildings can generate lease revenue, create local jobs and attract private investment. Board members said they want a transparent approach to pricing and public notice before listings go live.
Next steps: staff will verify procurement and legal requirements, prepare proposed commission and listing terms and present recommended language and possible action at a future meeting. No formal contract or sale was authorized at this session.
