The US government is finally writing down how to sell its old buildings

The US General Services Administration is proposing new rules for how federal agencies sell off unused properties. These rules will define the steps and decisions agencies must take when getting rid of real estate, where no clear process existed before.

Federal agencies own a lot of land and buildings they no longer need. Without clear rules, selling these properties has been slow and complicated. This change means agencies will have a standard playbook, which should make it easier and faster to get rid of surplus federal property. This could free up land for new development or return it to local tax rolls.