Skills & Competencies for Top Real Estate Executive

Top Real Estate Executive 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%
$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.

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)
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)
Communicates financial insights that positively influence the business plan development process.
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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)
Champions organizational change and digital transformation to drive higher business 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)
Describes the concepts and principles of budgeting operations.
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Level 2 Behaviors
(Light Experience)
Gathers data from financial statements to help create budget plans and improve budgeting strategies.
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Level 3 Behaviors
(Moderate Experience)
Implements strategic operational efficiencies and techniques for conducting successful budgeting.
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Level 4 Behaviors
(Extensive Experience)
Determines system capabilities and needs to improve the process for financial budgeting.
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Level 5 Behaviors
(Mastery)
Develops financial models to support the strategic improvement of our budgeting processes.
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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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