Skills & Competencies for Property Acquisitions Associate

Property Acquisitions Associate job profile

Book a Demo and Receive a Sample Job Profile

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%
$98,905
TOTAL 50%
$108,182
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
BOOK A DEMO

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)
Describes the importance of evaluating investment proposals in capital budgeting.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Compiles and tracks information from active projects to assist in projects’ annual capital budgeting process.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Participates in budgeting to recommend new capital equipment investments to senior management.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Facilitates in-depth capital budgeting analysis on projects and investments to abstain from over and under-investing.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Designs and develops financial models to support budgeting and capital allocation decisions.
See 4 More Skill Behaviors
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)
Documents and explains the laws and regulations regarding land acquisition.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Collects resources and funding review comments on proposed land acquisitions to meet requirements.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Maintains and updates land records of property ownership, acquisitions, and settlement agreements.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Engages with property owners to acquire easements, land acquisitions, and access rights.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Designs and implements financial models and automated workflows to evaluate opportunities.
See 4 More Skill Behaviors
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)
Describes the market conditions that impact the business.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Collects and compiles competitor information for competitive analysis.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Communicates financial insights that positively influence the business plan development process.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Evaluates and explains the financial aspects of a business initiative to different teams.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Champions organizational change and digital transformation to drive higher business performance.
See 4 More Skill Behaviors
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.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Uses arithmetic formulas and solutions to address basic business problems.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Utilizes mathematical models to determine root causes of recurring business problems.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Integrates mathematical business concepts to enhance business outcomes.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Leads the analysis of financial data to improve fiscal efficiency through business math functions.
See 4 More Skill Behaviors
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.

It's Easy to Get Started

Get the precision you need to assess, hire, and develop top talent with skills and competencies – see how with a personalized demo.