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Wayne council hires NAI Farbman to market vacant parcels; staff stress no upfront cost and 30‑day out clause
Summary
Council approved a professional services agreement with NAI Farbman to market several vacant city parcels and a soon‑to‑be‑listed parking structure; the city emphasized the engagement carries no upfront fee, uses a sliding commission and would include a 30‑day termination clause.
The Wayne City Council on Aug. 18 voted to hire NAI Farbman (Farmington Hills) to provide professional real‑estate services to market several city‑owned vacant parcels and the forthcoming parking structure sale.
A city staff presenter said the firm offered a sliding commission ranging from 6% down to 3% depending on sale price and a guaranteed flat fee of $15,000. “She’s gonna provide more to us than just listing our properties,” the presenter said, describing the agent’s community ties and…
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