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St. Louis Public Schools committee hears eXp Realty plan to market 16 surplus properties

November 17, 2025 | St. Louis City, School Districts, Missouri


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St. Louis Public Schools committee hears eXp Realty plan to market 16 surplus properties
St. Louis Public Schools’ real estate committee on Nov. 17, 2025 heard a presentation from eXp Realty and Key West Property Partners on a marketing plan to market, position and sell 16 surplus district properties.

Sean A. Ward of eXp Realty told the committee the firm would target developers, institutional investors, nonprofit and community-minded buyers and would use data sources such as CoStar and tailored outreach to reach the “highest and best use” for each property. “We want to be rebuilding Saint Louis from classrooms to communities,” Ward said, summarizing the campaign’s messaging and community-focused framing.

Ward described a phased timeline: a portfolio launch (the team is at “timeline 2.2”), buyer outreach and negotiations with the board on pricing. He said the portfolio website would be posted within 48–72 hours after the district and broker sign a listing agreement, and that eXp would provide one central email address and a dedicated phone number for inquiries. An unidentified eXp broker said the team would also provide biweekly updates to the district with a success matrix including qualified inquiries, webpage clicks and leasing or offer activity.

The presentation emphasized community engagement: open houses, town halls and meetings with aldermen and faith- and nonprofit-sector partners. Ward said brokers would vet prospective buyers, request business plans and prioritize candidates who commit to community-focused redevelopment. He said the team uses both national platforms and direct outreach (Google, LinkedIn, Facebook, Instagram, CoStar and direct-mail to targeted developers) to broaden exposure.

Board members asked logistical questions and offered support. Mr. Marston asked when the portfolio site would be live; Ward replied 48–72 hours after a signed listing agreement and said the district will be given contact information for referrals. Mr. Watson praised the outreach plan and said he looked forward to brokers attending community meetings.

What’s next: the committee received the presentation and the board and broker will proceed with the listing agreement and communication channels described by eXp. No sale or final approvals were recorded at this meeting.

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Scribe from Workplace AI
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