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%
$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
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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)
Describes the construction management concepts, from pre-construction to project completion.
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Level 2 Behaviors
(Light Experience)
Conducts basic research and analysis on construction management situations.
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Level 3 Behaviors
(Moderate Experience)
Creates requests for information, requests for proposal, and change orders for construction projects.
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Level 4 Behaviors
(Extensive Experience)
Integrates construction management to deliver complex projects to the highest standards.
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Level 5 Behaviors
(Mastery)
Establishes process improvement metrics for the related management of construction projects.
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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)
Describes the importance of evaluating investment proposals in capital budgeting.
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Level 2 Behaviors
(Light Experience)
Assists in analyzing capital improvement documentation, including budgeting and estimating project costs.
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Level 3 Behaviors
(Moderate Experience)
Defines high-level migration plans to address budgeting and other capital planning process gaps.
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Level 4 Behaviors
(Extensive Experience)
Evaluates major technology capital projects to identify various risks involved in an investment opportunity.
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Level 5 Behaviors
(Mastery)
Designs and develops financial models to support budgeting and capital allocation decisions.
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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)
Documents and explains the laws and regulations regarding land acquisition.
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Level 2 Behaviors
(Light Experience)
Assists in negotiating land acquisition contracts and processing applications and permits.
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Level 3 Behaviors
(Moderate Experience)
Maintains and updates land records of property ownership, acquisitions, and settlement agreements.
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Level 4 Behaviors
(Extensive Experience)
Engages with property owners to acquire easements, land acquisitions, and access rights.
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Level 5 Behaviors
(Mastery)
Creates detailed schedules that map pathways to ensure the completion of land acquisitions.
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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)
Describes the market conditions that impact the business.
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Level 2 Behaviors
(Light Experience)
Collects and compiles competitor information for competitive analysis.
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Level 3 Behaviors
(Moderate Experience)
Applies technical expertise, business sense, and product knowledge to manage the product lifecycle effectively.
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Level 4 Behaviors
(Extensive Experience)
Coordinates technical and business teams to solve complex and diverse customer problems.
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Level 5 Behaviors
(Mastery)
Builds strong business partnerships internally and externally to drive "win-win" business successes.
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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)
Compiles a list of basic issues and risks for conducting our budget processes.
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Level 2 Behaviors
(Light Experience)
Applies established guidelines for conducting our budgeting processes.
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Level 3 Behaviors
(Moderate Experience)
Communicates budget objectives and plans to help identify financial trends and create budget forecasts.
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Level 4 Behaviors
(Extensive Experience)
Anticipates organizational income and expenses to make forecasts and develop budget plans.
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Level 5 Behaviors
(Mastery)
Adapts relevant industry trends on techniques in financial budgeting in our organization.
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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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