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Los Angeles County Metropolitan Transportation Authority

Job Specification

REAL ESTATE OFFICER

 

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Pay Grade
H1J ($67,100.80 - $83,886.40 - $100,692.80)
Job Summary
Performs journey-level real estate work in Appraisal, Acquisition/Relocation, or Asset Management. For Appraisal Responsible for providing appraisal services and administration for the agency in order to meet project delivery schedules timeframes. For Acquisition/Relocation Responsible for providing real estate services and administration for the agency in order to meet project delivery schedules timeframes. For Asset Management Responsible for providing asset and/or property management and administration for the agency in order to ensure that best management practices are followed, transit services are not interrupted, and safety is maintained.
Duties and Responsibilities
  • Assists staff with requests for proposals and requisition process regarding real estate activities
  • Inputs requisitions and task orders into the system for processing; updates and maintains the system
  • Updates various real estate matrices, including condemnation and project reports
  • Prepares reports, memos, and other correspondence related to real estate matters, including Notice of Decision to Appraise letters
  • Assists with research and analyses on property transactions
  • Assists senior-level staff with finalization of various documents, including appraisal reviews, leases, and permits
  • Serves as liaison among all parties involved with purchase, lease, condemnation, and relocation activities
  • Attends training classes, both internal and external to Metro, to better understand and keep up to date on real estate and related services
  • Provides guidance and assistance to new or entry-level employees
  • Contributes to ensuring that the Equal Employment Opportunity (EEO) policies and programs of Metro are carried out For Appraisal
  • Assists with the preparation of cost estimates, appraisals, and review appraisals
  • Assists with preparation of appraisal related notices
  • Assists with property research and appraisal related support documents For Acquisition/Relocation
  • Completes non-complex acquisitions and relocations
  • Assists with the preparation of acquisition and relocation documents
  • Assists with escrow and title matters
  • Maintains and catalogues relocation claims and payments to ensure accuracy with names and calculations
  • Works with escrow companies to ensure accurate and efficient closings For Asset Management
  • Assists with preparation of property and asset management related documents
  • Negotiates terms and prepares lease agreements, licenses, and permits
  • Processes rent notices and collections
  • Processes new entries in and updates Financial Information System (FIS)
  • Manage real estate agreements


    May be required to perform other related job duties

Essential Knowledge, Skills and Abilities


Knowledge of (defined as a learned body of information that is required for and applied in the performance of job tasks)
  • Real estate services and/or property management theories, principles, processes, and procedures
  • Real estate transactions and documentation requirements
  • Basic accounting principles and financial information systems
  • Department policies and procedures
  • Applicable local, state, and federal laws, rules, and regulations governing real estate processes and procedures
  • Computer applications, particularly as related to the maintenance and analysis of property information and records
  • Property inspection practices and procedures

Skill in (defined as the proficient manual, verbal, or mental utilization of data, people, or things)
  • Computer software, such as Word, Excel, and PowerPoint
  • Real estate specific software, such as LandVision GIS (Geographic Information System) mapping
  • Communicating effectively orally and in writing
  • Reading and interpreting legal documents
  • Preparing contract documentation
  • Analyzing financial data and basic mathematics

Ability to (defined as a present competence to perform an observable behavior or produce an observable result)
  • Analyze issues and recommend solutions
  • Analyze and compile complex data and reports
  • Understand and follow written and oral instructions, procedures, and policies
  • Work, think, and resolve issues independently
  • Interact effectively with diverse group of clients and customers
  • Manage time, prioritize workload, and execute responsibilities within tight time constraints and deadlines
  • Continuously learn
  • Travel to offsite locations
  • Read, write, speak, and understand English
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
  • One year of relevant experience in real estate acquisition, relocation assistance, contracts, or property management within a public sector or corporate environment

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
  • International Right of Way Association (IRWA) designation preferred
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
 

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Job GroupJob Class CodeFLSA StatusDate OriginatedDate Revised
Non-Contract7607Exempt25-JUL-9512-AUG-19

Disclaimer
This classification is at-will and the incumbent serves at the pleasure of the hiring authority when classified as an Intermittent, Emergency, or Temporary employee and/or is assigned to the Office of Inspector General (OIG) or Board Clerk's Office.

This job specification is not to be construed as an exhaustive list of duties, responsibilities, or requirements.

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