Skills & Competencies for Top Real Estate Executive

Top Real Estate Executive job profile

Book a Demo and Receive a Sample Job Profile

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%
$274,940
TOTAL 50%
$379,081
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
BOOK A DEMO

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)
Cites the basic processes in writing construction project plans and schedules.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Checks the working condition of all equipment used for construction projects.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Communicates regularly with clients regarding construction projects and costs.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Collaborates with the management to build a seamless construction management team.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Advocates the application of emerging technologies to optimize construction management practice.
See 4 More Skill Behaviors
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)
Cites examples of the capital budgeting process used in formulating appropriate investment strategies.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Applies knowledge of budgeting processes to assist with the development of site capital and expense budgets.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Analyzes capital budgeting requests to ensure compliance with ROI justification.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Directs planning and budgeting processes for capital improvements to evaluate ROI.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Champions the adoption of advanced tools and techniques to streamline capital budgeting and forecasting.
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)
Cites examples of best practices used in site selection and land acquisition.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Assists in creating budgets and cash flow for potential land acquisitions.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Analyzes markets and current trends to identify gaps and concentrations for future land acquisitions.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Coordinates and oversees the development of land acquisition and management policies with various executives.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Creates and leverages a land acquisition database to monitor the land acquisition process and status.
See 4 More Skill Behaviors
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)
Describes how our business makes money and our key business objectives.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Assists in designing business models and operating plans.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Analyses the business impact of demographic changes; suggests effective responses.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Consults on the selection and adjustment of the go-to-market strategy.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Builds a mentoring model to ensure a continuous increase of business sense within our business.
See 4 More Skill Behaviors
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)
Compiles a list of basic issues and risks for conducting our budget processes.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Applies established guidelines for conducting our budgeting processes.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Communicates budget objectives and plans to help identify financial trends and create budget forecasts.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Anticipates organizational income and expenses to make forecasts and develop budget plans.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Adapts relevant industry trends on techniques in financial budgeting in our organization.
See 4 More Skill Behaviors
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.

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.