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EDA approves one-year trial with single listing agent for Water's Edge lots
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Summary
The EDA approved switching to a single listing agent for Water's Edge lots on a one-year trial, discussed per-lot listing contracts and a $3,000 commission, and clarified drone-flyover procedures and marketing responsibilities.
The East Grand Forks Economic Development Authority approved a one-year trial to use a single listing agent for the Water’s Edge lots, directing staff to proceed with per‑lot listing contracts and to incorporate a previously discussed $3,000 compensation item.
Staff presented a sample listing contract and said each lot must be on a separate contract. The board discussed the compensation/commission language (referred to during discussion as roughly $3,000) and whether marketing activities such as drone flyovers should require knocking on doors; staff said asking neighbors would be treated as a courtesy and not a legal requirement.
Isaiah, introduced by staff as present from the brokerage handling listings, described standard approaches to drone photography and said his team can work around neighbors who decline. “If one neighbor didn’t want it, we just go from the angle that you couldn’t see him,” Isaiah said.
The board also invited constructive feedback on the draft listing materials and staff said the current inventory is about 10–12 lots. A motion to try a single listing agent for one year was moved and seconded and the board voted in favor.
What this means: The EDA will proceed with a single‑agent marketing trial for the Water’s Edge lots and with per‑lot listing contracts; staff will coordinate marketing, clarify commission language, and follow up on any neighborhood outreach procedures.
The discussion also touched on potential signage and minor improvements to the infield tenant property, but those were addressed under separate agenda business.
