Skills & Competencies for Top Real Estate Executive

Top Real Estate Executive job profile

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JOB SUMMARY for Top Real Estate Executive

Plans and directs all aspects of an organization's real estate activities, including land/building acquisitions, leasing, and site location.

JOB RESPONSIBILITIES for Top Real Estate Executive

Evaluates new property to ensure it meets the needs of the organization. Designs strategies to resolve real estate space issues; authorizes new property purchases or current expansion.

Top Real Estate Executive SALARY RANGE

BASE 50%
$275,554
TOTAL 50%
$379,928
Job Level
M06
Job Code
EX05000053
Education/Degree
Bachelor's Degree
Reports To
Top Management

Top Real Estate Executive 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 Top Real Estate Executive skill and competencie below to view definitions.
INDUSTRY COMPETENCIES JOB FAMILY COMPETENCIES CORE COMPETENCIES
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1 hard skill or competency (industry competency) for Top Real Estate Executive

1 Industry Competency – Construction Management
Proficiency Level -3
Skill definition-Providing overall planning, coordination, and control of construction processes.
Level 1 Behaviors
(General Familiarity)
Lists the tools and technologies used in construction management.
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Level 2 Behaviors
(Light Experience)
Reports schedule updates and submittals to management.
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Level 3 Behaviors
(Moderate Experience)
Works with engineers, architects, and contractors to discuss project objectives and progress.
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Level 4 Behaviors
(Extensive Experience)
Supervises the adherence of construction projects to client contracts and engineering practices.
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Level 5 Behaviors
(Mastery)
Oversees the development and approval of project estimates and resources.
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3 Top Real Estate Executive - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Top Real Estate Executive
Proficiency Level - 4
5 Competency for - Top Real Estate Executive
Proficiency Level - 5

7 general skills or competencies (Job family competencies) for Top Real Estate Executive

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)
Identifies and describes the concepts and principles of capital budgeting.
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Level 2 Behaviors
(Light Experience)
Supports the development of a routine capital budgeting process to ensure a healthy return on investment (ROI).
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Level 3 Behaviors
(Moderate Experience)
Works with operations teams to handle business capital spend budgeting and cash flow roll-up.
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Level 4 Behaviors
(Extensive Experience)
Reviews facility's needs to create capital recommendations for budgeting purposes.
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Level 5 Behaviors
(Mastery)
Promotes modernized capital planning to drive accuracy and efficiency in the budgeting process.
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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 the property owner information required for land acquisition processes.
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Level 2 Behaviors
(Light Experience)
Supports all aspects of land acquisition, from identifying potential land prospects to closing land transactions.
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Level 3 Behaviors
(Moderate Experience)
Utilizes market research to identify potential land acquisition opportunities.
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Level 4 Behaviors
(Extensive Experience)
Monitors the latest trends in land development to secure the achievement of organizational goals.
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Level 5 Behaviors
(Mastery)
Presents land acquisition and disposition opportunities to help the organization meet strategic plans.
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3 Top Real Estate Executive - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Top Real Estate Executive
Proficiency Level - 4
5 Competency for - Top Real Estate Executive
Proficiency Level - 5

10 soft skills or competencies (core competencies) for Top Real Estate Executive

1 Core Competencies – Business Acumen
Proficiency Level -4
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)
Names our key stakeholders from a business value chain perspective.
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Level 2 Behaviors
(Light Experience)
Supports the planning, implementation, and management of training programs that foster process improvements.
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Level 3 Behaviors
(Moderate Experience)
Participates in the redesign of organizational structures to reflect business priorities.
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Level 4 Behaviors
(Extensive Experience)
Trains others on various business and operation topics.
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Level 5 Behaviors
(Mastery)
Forecasts the short-term and long-term impact of various business cases on P&L performance.
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2 Core Competencies – Budgeting
Proficiency Level -4
Skill definition-Applying specific policies, tools and practices to plan and prepare projected revenues, expenses, cash flows, and capital expenditures.
Level 1 Behaviors
(General Familiarity)
Lists the elements and the steps on how to conduct budgeting.
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Level 2 Behaviors
(Light Experience)
Tracks and reports financial inefficiencies to ensure smooth functioning of our budgeting processes.
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Level 3 Behaviors
(Moderate Experience)
Works with senior management in creating appropriate budget amounts.
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Level 4 Behaviors
(Extensive Experience)
Recommends alternative budgeting strategies for resolving budgeting issues in our workplace.
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Level 5 Behaviors
(Mastery)
Introduces technologies, policies, and programs for more effective budget management.
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3 Top Real Estate Executive - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Top Real Estate Executive
Proficiency Level - 4
5 Competency for - Top Real Estate Executive
Proficiency Level - 5

Summary of Top Real Estate Executive skills and competencies

There are 1 hard skills for Top Real Estate Executive, Construction Management.
7 general skills for Top Real Estate Executive, Capital Budgeting, Land Acquisition, Property Acquisition, etc.
10 soft skills for Top Real Estate Executive, Business Acumen, Budgeting, Planning and Organizing, etc.
While the list totals 18 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 Top Real Estate Executive, he or she needs to be skilled in Business Acumen, be skilled in Budgeting, and be an expert in Planning and Organizing.

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