Real Estate Broker Services

Public Utility District No. 1 of Snohomish County is seeking a licensed Washington real estate broker or brokerage firm to provide on-call, as-needed brokerage services for the acquisition and disposition of real property within its service area. The scope of work includes performing market analyses, providing broker price opinions, developing pricing and offer strategies, listing surplus properties, and managing transaction coordination with legal, title, and escrow entities. The contract is intended for a two-year term with the possibility of renewals, and services are performed only upon written authorization from the District Project Leader. Compensation is capped at 6 percent of gross sale proceeds for property dispositions and 3 percent of the purchase price for acquisitions. Selection is based on a three-stage evaluation process prioritizing experience with public agencies and institutional clients, a proven track record with commercial or industrial properties, and a clean disciplinary record. The selected consultant must maintain required Washington State licensing, adhere to strict confidentiality and non-disclosure agreements regarding critical infrastructure and customer information, and provide comprehensive insurance coverage, including workers compensation and employer liability. Invoices must be submitted by the end of the month following the service period, with payment issued within 30 days of approval.