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LA Metro

PRINCIPAL REAL ESTATE OFFICER (ACQUISITION/RELOCATION)

LA Metro, Los Angeles, California, United States, 90079


Metro’s mission is to provide a world-class transportation system that enhances the quality of life for all who live, work, and play within LA County.

Description

Performs highly complex real estate work in Appraisal, Acquisition/Relocation, or Asset Management.

For Appraisal:

Performs: highly complex real estate appraisals functions to determine the fair market value of properties required for active projects; prepares appraisal reviews and recommends values for acquisition or rental purposes; and coordinates procurement, contract management, and file management related to appraisal assignments.

For Acquisition/Relocation:

Performs highly complex real estate acquisition and relocation functions; acquires real property required for active projects either through negotiations or eminent domain; provides oversight and coordination for internal management of special projects, including environmental investigations; provides oversight and management of outside acquisition and relocation consultants, including procurement, contract management, and file management.

For Asset Management:

Coordinates real estate leasing and access agreements for real estate activities adjacent to, over, or under Metro right-of-way (ROW), with both private property owners and internal agency departments to ensure that transit services are not interrupted and safety is maintained; and establishes and follows best management practices.

Examples of Duties

Performs a broad range of complex, cross-sectional real estate and right-of-way functions

Plans and manages real estate projects

Reviews title reports, appraisals, and similar support documents and reports

Assists management in preparing real estate revenue goals and budget reports estimating real estate related costs

Inspects real estate both in person and using computer programs to document conditions

Evaluates Metro's real estate needs, identifies opportunities to enhance safety and revenues, and recommends policies and procedures to enhance department efficiency and accuracy of management of assets

Prepares written and oral reports, resolutions, correspondence, and legal documents

Represents the department in meetings with other departments/divisions, property owners and tenants, and business and community groups to make presentations or respond to inquiries

Provides oversight and management of outside consultants

Provides leadership, guidance, and advice to staff on complex real estate issues

Provides training to support staff on real estate related functions

Coordinates work activity of both professional and administrative staff when working on special projects

Contributes to ensuring that the Equal Employment Opportunity (EEO) policies and programs of Metro are carried out For Appraisal

Analyzes property requirements to understand the potential impacts to the property

Prepares appraisal scope of work, reviews real estate appraisals for thoroughness and professional completion, and prepares appraisals as appropriate

Communicates with management and outside counsel regarding issues that are significant in appraisals prepared for property owners For Acquisition/Relocation

Negotiates with property owners or their agents for purchase or voluntary transfer of property

Coordinates with escrow and title companies relative to ownership and conditions of title

Prepares and presents relocation related notices

Reviews and processes relocation claims and payments

Provides oversight on acquisition and relocation delivery milestones

Solicits consultant(s) for the preparation and review of environmental investigation reports For Asset Management

Coordinates use of Metro assets (land) with internal departments

Executes agreements that enable safe, short-term use of or access to Metro land

Manages assets sensibly to reduce Metro expenses for maintenance and upkeep

May be required to perform other related job duties

Minimum Qualifications

A combination of education and/or experience that provides the required knowledge, skills, and abilities to perform the essential functions of the position. Additional experience, as outlined below, may be substituted for required education on a year-for-year basis. A typical combination includes:

Education

Bachelor's Degree in Real Estate, Business Administration, Public Administration, Economics, Engineering, or a related field

Experience

Five years of relevant experience in real estate services, requiring at least two years specialized experience in area of assignment, such as eminent domain, property appraisal review, etc.; experience in municipal government real estate management preferred

Certifications/Licenses/Special Requirements

A valid California Class C Driver License or the ability to utilize an alternative method of transportation when needed to carry out job-related essential functions

Senior Right of Way Agent (SRWA) Designation preferred

For an Appraiser's position, a California Real Estate Appraiser License is required

Preferred Qualifications

Preferred Qualifications (PQs) are used to identify relevant knowledge, skills, and abilities (KSAs) as determined by business necessity. These criteria are considered preferred qualifications and are

not

intended to serve as minimum requirements for the position. PQs will help support selection decisions throughout the recruitment. In addition, applicants who possess these PQs will not automatically be selected.

Experience providing Right of Way services in compliance with local, state, and federal Uniform Relocation Assistance and Real Property Acquisition Act (URA)

Experience working on multiple projects simultaneously with multi-disciplinary internal and external teams

Experience managing milestone schedules, budgets and risks, and authoring reports for project progress

Experience reading and interpreting right of way plans, title reports and appraisals

Experience supervising third-party consultants and contractors

Essential Knowledge

Knowledge of

(defined as a learned body of information that is required for and applied in the performance of job tasks)

Theories, principles, processes, procedures, and practices of real estate services, including appraisal, property management, and documentation requirements

Applicable local, state, and federal laws, rules, and regulations governing real estate practices, processes, and procedures

Basic real estate law and eminent domain law

Theories, principles, and practices of land use planning and regulations

Applicable federal, state, and local rules and regulations governing public acquisition policies

Financial calculations relating to real estate

Various areas of Los Angeles County, including cities and neighborhoods

Computer applications, particularly as related to the analysis and maintenance of property information and records

Computer software, such as Word, Excel, PowerPoint, Publisher, and financial calculator

Skill in

(defined as the proficient manual, verbal, or mental utilization of data, people, or things)

Conducting real estate research and appraisals

Understanding and analyzing complex planning concepts

Interacting professionally with all level of Metro employees and external parties

Preparing reports and correspondence

Communicating effectively orally and in writing

Using real estate specific software

Reading and interpreting legal documents

Preparing contract documentation

Analyzing financial data and basic mathematics

Supervising, training, and motivating team members

Ability to

(defined as a present competence to perform an observable behavior or produce an observable result)

Perform analysis of real estate issues, identify problems, and recommend solutions

Think and act independently

Proofread and write scopes of work

Conduct planning studies and act as a project manager

Negotiate favorable real estate transactions, prepare appropriate contract documentation, and recommend appropriate strategies

Exercise judgment and creativity in making decisions, and sensitivity in politically charged areas or projects

Represent Metro before the public

Work successfully and accurately under tight time restraints

Organize and manage many projects concurrently

Travel to offsite locations

Read, write, speak, and understand English

Special Conditions

The physical demands described are representative of those that must be met by the employee to successfully perform the essential functions of this job. Metro provides reasonable accommodation to enable individuals with disabilities to perform the essential functions.

Working Conditions

Typical office situation

Close exposure to computer monitors and video screen

Physical Effort Required

Sitting at a desk or table

Operate a telephone or other telecommunications device and communicate through the medium

Type and use a keyboard and mouse to perform necessary computer-based functions

Communicating through speech in the English language required

Metro is an Equal Opportunity Employer and does not discriminate on the basis of race, color, creed, ancestry, national origin, gender, marital status, sexual orientation, religion, age, veteran status, or disability. Learn more about Metro’s Equal Employment Opportunity Program. Metro does not deny participation in the application process to anyone with prior justice system involvement, in line with Fair Chance hiring practices.

Selection Procedure

Applicants who best meet job-related qualifications will be invited to participate in the examination process that may consist of any combination of written, performance, or oral appraisal to further evaluate job-related experience, knowledge, skills and abilities.

Application Procedure

To apply, visit Metro's website at www.metro.net and complete an online Employment Application.

Computers are available to complete online Employment Applications at the following Metro location:

METRO Headquarters, Employment OfficeOne Gateway PlazaLos Angeles, CA 90012

Telephone:

(213) 922-6217 or persons with hearing or speech impairments can use California Relay Service 711 to contact Metro.

All completed online Employment Applications must be received by 5:00 p.m. on the closing date. Late applications will not be considered.

Open to the public and all Metro employees

This job bulletin is not to be construed as an exhaustive list of duties, responsibilities, or requirements. Employees may be required to perform other related job duties.

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