Reselling your below market rate (BMR) home

For the sales agents and owners of BMR homes

Effective March 1, 2019, MOHCD requires that property inspection and disclosure documents be submitted as part of the request for pricing of a BMR unit.


If you bought your home at a below market rate price, you will have to sell your home at a price MOHCD determines and follow the rules for selling a BMR unit. Depending on your unit, a formula will be used to calculate the maximum price for which you can sell your unit. If that price is higher than the price affordable to the next qualified buyer, you may have to lower the price in order to complete the sale. 

MOHCD will use a lottery process to assign a buyer.

Selling your home will take about 4 and 6 months.


MOHCD does not fulfill pricing requests unless there is an intent to sell. You can get an unofficial valuation estimate using our repricing calculator.

Important Notes: (Please read the following before you start your request.)

  • You must complete any capital improvements or special assessment reimbursement requests before submitting your pricing request. 
    • Once you have your approved reimbursable amount, you will submit the approved amount with your pricing request.
    • To review our capital improvements and special assessment reimbursement requirements, visit
    • DO NOT SUBMIT YOUR CAPITAL IMPROVEMENTS REQUEST WITH YOUR PRICING REQUEST. Click here to submit your Capital Improvements Request. 
  • You must complete your required property inspection and disclosure requirements before submitting a pricing request. To review our property inspection and disclosure requirements, visit
  • You must submit your pricing request electronically via a secure link as provided below. You must submit all required documents as one PDF file.
  • If you are a third party representing the owner, you must complete the Owner Authorization form with any supporting documentation if applicable.


  1. Find a sales agent.
    • Your agent must have an office in San Francisco to assist the buyers if needed.
    • Your agent will list your home on the Multiple Listing Service (MLS), hold open houses, and field questions about the unit and the BMR program.
    • MOHCD will add 5% to the base resale price to pay for your real estate commission and for the buyer's agent commission.
  2. Sales agent sends a price request to MOHCD.
    • Include the following documents:
      • Signed and dated PDF icon Resale Pricing Request Form
      • Proof of current HOA dues amount (i.e., most current HOA coupon or statement that states the address, owner name, HOA due amount and date)
      • Most Current Property Tax Statement (download at
      • Signed listing agreement with the agent to list the home on the public San Francisco MLS, with the following content:
        • Under Sales Price: “Price to be determined by SF Mayor's Office of Housing and Community Development.
      • Home Inspection and Disclosure Documents. Refer to Home Inspection and Repairs Policy for more detailed information. 
        • Home/Property Inspection Report
        • Agent Visual Inspection Disclosure (California Association of Realtors Form AVID)
        • Real Estate Transfer Disclosure Statement (TDS)
        • Seller Disclosure Statement (entitled as San Francisco Seller Disclosure)
      • If applicable, submit the following:
        • Owner Authorization
        • Proof of approved capital improvements credit (i.e., approval letter from MOHCD)

Upload your pricing request via Sharefile

We cannot continue the pricing request unless we receive all the required documents.


MOHCD prices your home in about 30 days.

  • We will send a dated letter to the owner and agent with the resale price.
  • The pricing is valid for 60 days from the date of the letter.
  • The owner cannot set their home’s sales price higher than our pricing.
  • If the maximum resale price is higher than the price affordable to the next qualified buyer, your pricing letter will list two prices: Maximum Resale Price and Affordable Price. In this case, you shall work closely with your agent to determine the price of your unit. 

Preparing the home

The BMR Owner is required to ensure the BMR unit is in a good and clean condition for the subsequent owner. To avoid any delay in selling your BMR unit, please follow the Home Inspection Cleaning Checklist (see Attachment A) to ensure a smooth selling process. If MOHCD determines any repairs are needed, you will receive a letter from MOHCD listing repairs that need to be made before the BMR unit can be posted. 

Listing the home

All listings for the home must be posted for at least 21 days.

  1. Sales agent helps MOHCD market your home.
    • We will send the agent a MOHCD Posting Template in Word for them to fill out.
    • It will take about a week for MOHCD to approve the posting template.
    • MOHCD will post the home at or
  2. Sales agent markets your home on MLS and other venues.
    • The agent must disclose that the home is monitored by the Mayor's Office of Housing and Community Development.
    • The listings must include both internal and external photos of the home.
  3. Sales agent must hold at least 3 open houses while the home is listed. Each open house must be at least 2 hours long.
    • At least one open house on a weekday evening, and one on a weekend day
  4. Sales agent will direct interested buyers to our housing portal, DAHLIA at to apply online.
  5. Sales agent will assist the buyers who need help to submit their lottery applications. 
    • Instructions on how to apply are listed on each listing


Lottery will take place no less than 7 days from the application deadline.

  1. MOHCD will work with the sales agent to prepare for the lottery.
  2. The lottery will be held electronically at MOHCD and be open to the public.
  3. At least one agent must attend the lottery, and be ready to answer questions about the building and unit.
  4. Lottery results will be posted on the website no later than 1 week after the lottery.


  1. MOHCD will work with the agent to collect supplemental (post-lottery) applications

  2. MOHCD will send a conditional approval or disapproval letter to the buyer within 15 days.
  3. If the lottery winner is not conditionally approved, MOHCD will send the applicant a disqualification letter.
    • The applicant then has 5 days to appeal, by sending in missing or supporting documents.
  4. If the lottery winner fails to appeal, MOHCD will move on to the next ranked buyer’s application.

Conditional approval

  1. The approved buyer signs a sales contract within 7 calendar days of MOHCD's conditional approval.
    • Sales agent and seller send the sales contract to Title Company, to open escrow.
  2. The buyer should then secure a final loan approval from their lender within 30 days.
    • If a final loan approval is not secured, the applicant cannot buy the unit.
    • If the current applicant can't buy the unit, MOHCD moves on to the next application in the lottery list.

Final approval

  1. Buyer and lender will work together to send MOHCD with all required documents.
  2. MOHCD sends the buyer a commitment letter, valid for 30 days.
  3. Title Company works with buyer to sign closing documents.
  4. Title Company sends signed and notarized closing documents back to MOHCD.