Skills & Competencies for Property Acquisitions Associate

Property Acquisitions Associate job profile

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JOB SUMMARY for Property Acquisitions Associate

Collects, analyzes, and interprets data used to evaluate potential property acquisitions.

JOB RESPONSIBILITIES for Property Acquisitions Associate

Researches market trends. Performs financial and risk evaluations of potential acquisitions. Conducts due diligence on properties to be acquired. Assists with drafting contracts or leases and may participate in negotiations.

Property Acquisitions Associate SALARY RANGE

BASE 50%
$98,652
TOTAL 50%
$107,904
Job Level
P03
Job Code
FA06000752
Education/Degree
Bachelor's Degree
Reports To
Head of a Unit/Department

Property Acquisitions Associate Skills and Competencies List

Proficiency Levels and Behavioural Indicators
Salary.com identifies five increasing levels of proficiency for each skill/competency. Some jobs require only a relatively low level of proficiency in each skill/competency, while other jobs will require a more advanced level of proficiency in the same skill/competency. These levels rate the degree of proficiency (skill level, expertise) we expect the incumbent to perform in the given skill/competency for the given job. Note that we intentionally do not associate timeframes or years of experience in performing the skill/competency because that can be misleading. Proficiency levels identify what the incumbent knows and can do rather than how long they have been doing it. Also, note that the proficiency levels are cumulative, e.g., a level 4 proficiency implies the ability to perform all the behaviors at the lower levels.
Check each Property Acquisitions Associate skill and competencie below to view definitions.
JOB FAMILY COMPETENCIES CORE COMPETENCIES
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9 general skills or competencies (Job family competencies) for Property Acquisitions Associate

1 Job Family Competencies – Capital Budgeting
Proficiency Level -3
Skill definition-Evaluating and measuring the project's value throughout its life cycle to determine the most advantageous return on investment options.
Level 1 Behaviors
(General Familiarity)
Explains how capital budgeting works in the evaluation and selection of long-term investments.
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Level 2 Behaviors
(Light Experience)
Informs management of the capital expenditures compared to the budgets for all the assigned projects.
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Level 3 Behaviors
(Moderate Experience)
Reviews investment proposals to identify and select profitable investments for the organization.
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Level 4 Behaviors
(Extensive Experience)
Proposes significant capital projects in the budgeting process to maximize the organization's future profits.
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Level 5 Behaviors
(Mastery)
Forecasts future revenues and expenditures to establish cost structures and capital budgeting projects.
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2 Job Family Competencies – Land Acquisition
Proficiency Level -3
Skill definition-Acquiring land while complying with established laws and regulations and providing resettlement or compensation plans for landowners.
Level 1 Behaviors
(General Familiarity)
Identifies and lists the advantages and challenges of land acquisition.
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Level 2 Behaviors
(Light Experience)
Prepares and submits pricing, land analysis, and market research reports to management.
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Level 3 Behaviors
(Moderate Experience)
Prepares legal land descriptions for acquiring property that comply with contract terms.
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Level 4 Behaviors
(Extensive Experience)
Fosters trusted relationships with a network of industry contacts to generate land acquisition opportunities.
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Level 5 Behaviors
(Mastery)
Generates corrective action plans to resolve complex land acquisition matters.
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3 Property Acquisitions Associate - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Property Acquisitions Associate
Proficiency Level - 4
5 Competency for - Property Acquisitions Associate
Proficiency Level - 5

11 soft skills or competencies (core competencies) for Property Acquisitions Associate

1 Core Competencies – Business Acumen
Proficiency Level -2
Skill definition-Insight into our organization's business, goals, and values. Ability to design and implement initiatives that facilitate successful outcomes.
Level 1 Behaviors
(General Familiarity)
Explains our key business strategies and priorities.
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Level 2 Behaviors
(Light Experience)
Reports and communicates market and competitor status regularly to the management team.
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Level 3 Behaviors
(Moderate Experience)
Implements effective marketing strategies that achieve improved business outcomes.
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Level 4 Behaviors
(Extensive Experience)
Optimizes business processes based on deep insight into various business unit functions.
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Level 5 Behaviors
(Mastery)
Evaluates industry and market trends to identify new business opportunities.
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2 Core Competencies – Business Math
Proficiency Level -3
Skill definition-Analyzing and managing business operations using business math functions to make informed financial decisions and improve business performance.
Level 1 Behaviors
(General Familiarity)
Explains key functions and lists possible challenges of using business math.
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Level 2 Behaviors
(Light Experience)
Uses arithmetic formulas and solutions to address basic business problems.
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Level 3 Behaviors
(Moderate Experience)
Utilizes mathematical models to determine root causes of recurring business problems.
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Level 4 Behaviors
(Extensive Experience)
Integrates mathematical business concepts to enhance business outcomes.
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Level 5 Behaviors
(Mastery)
Leads the analysis of financial data to improve fiscal efficiency through business math functions.
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3 Property Acquisitions Associate - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Property Acquisitions Associate
Proficiency Level - 4
5 Competency for - Property Acquisitions Associate
Proficiency Level - 5

Summary of Property Acquisitions Associate skills and competencies

There are 0 hard skills for Property Acquisitions Associate.
9 general skills for Property Acquisitions Associate, Capital Budgeting, Land Acquisition, Property Acquisition, etc.
11 soft skills for Property Acquisitions Associate, Business Acumen, Business Math, Financial Acumen, etc.
While the list totals 20 distinct skills, it's important to note that not all are required to be mastered to the same degree. Some skills may only need a basic understanding, whereas others demand a higher level of expertise.
For instance, as a Property Acquisitions Associate, he or she needs to be proficient in Business Acumen, be skilled in Business Math, and be skilled in Financial Acumen.

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