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)
Describes the fundamental construction procedures and management principles.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Documents all the tools, materials, and equipment used in the construction project.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Maintains a centralized management scheduling system for all construction projects.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Manages construction sites and general contractors to ensure compliance with safety standards.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Leads the overall aspects of projects from pre-construction through the construction management process.
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)
Documents the capital budgeting techniques used to select the organization's best investments.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Identifies and reports capital requirements for budgeting to management.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Participates in the capital funding plan and budgeting process to ensure appropriate resource allocation.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Leads the facilitation of capital budgeting analysis to select projects that drive the organization's future profits.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Establishes and implements standards and capital budgeting processes to ensure accurate cash flow projections.
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)
Explains the importance of understanding party needs in the land acquisition and permitting process.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Gathers market-related data regarding the planning of acquisitions or dispositions of land assets.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Performs residual analyses to determine appropriate offer prices for land acquisitions.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Facilitates strategy discussions and recommends opportunities for land acquisitions.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Develops and implements acquisition strategies to ensure a seamless process of land purchase.
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)
Discusses the strengths and weaknesses of our products and services.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Explains advantages and disadvantages of different organizational structures from an efficiency perspective.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Demonstrates an innate sense of how to achieve positive results in the current environment.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Leverages the latest technologies and tools that enhance business analytics.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Conceptualizes new and creative business initiatives to boost business growth.
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)
Explains the different purposes and uses of our organization's budgets.
See 4 More Skill Behaviors
Level 2 Behaviors
(Light Experience)
Gathers financial data to help support management in budgeting analysis and forecasting.
See 4 More Skill Behaviors
Level 3 Behaviors
(Moderate Experience)
Prepares and reviews the annual budgeting process to ensure effective and efficient budgeting.
See 4 More Skill Behaviors
Level 4 Behaviors
(Extensive Experience)
Monitors budgeting processes to ensure adherence to our organization's financial practices and standards.
See 4 More Skill Behaviors
Level 5 Behaviors
(Mastery)
Establishes operating procedures to guide the consistency and repeatability of our budgeting processes.
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.