SENIOR REAL ESTATE OFFICER (RIGHT-OF-WAY / REAL PROPERTY) - Metropolitan Transportation Authority

Los Angeles, CA

About the Job

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

For Appraisal Supports: the real estate team in appraising properties needed for construction of capital projects; performs real estate appraisal functions to determine the fair market value of properties required for active projects; prepares appraisal reviews and recommends values for acquisition or rental purposes; assists with procurement, contract management, and file management related to appraisal assignments.

For Acquisition/Relocation: Supports the real estate team in acquiring properties needed for construction of capital projects; performs real estate work in acquisition and relocation functions; acquires real property required for active projects either through negotiations or eminent domain; assists internal management with special projects, including environmental investigations; assists with the oversight of outside acquisition and relocation consultants, including procurement and file management.

For Asset Management: Supports the real estate team in managing Metro properties; assists with 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 ensures that best management practices are followed.

Examples of Duties

Reviews title reports, real estate appraisals, and similar supporting documents and reports
Prepares work specifications and plans for selection and guidance of independent appraisers
Prepares value estimates for sales and rental of real property
Conducts field inspections and responds to complaints
Maintains real estate records and computer files
Provides input for developing budget
Provides guidance and assistance to junior-level and/or assigned staff
Prepares written and oral reports, resolutions, correspondence, and legal documents
Meets with other departments/divisions, property owners and tenants, and business and community groups to make presentations or respond to inquiries
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 work specifications and plans for selection and guidance of independent appraisers
Solicits, reviews, and evaluates appraisal proposals
Communicates with management and outside counsel regarding issues related to property owner appraisals For Acquisition/Relocation
Negotiates with property owners or their agents for purchase or voluntary transfer of property
Prepares offers, purchase agreements, escrow instructions, and other legal documents
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
Assists with consultant procurement For Asset Management
Coordinates use of Metro assets (land) with internal departments
Negotiates and prepares leases, licenses, easements, and permits
Researches and recommends market rental values
Manages real estate contract portfolio for revenue and non-revenue producing property
Manages property not required for immediate projects, including rental collection

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

Three years of relevant experience in real estate appraisal, acquisition, relocation, and/or property management; some positions in this class may require specialized experience in area of assignment

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
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.

The following are the preferred qualifications:

Experience negotiating and preparing real estate contracts, amendments, leases, licenses, easements, permits, and notices to comply
Experience negotiating, writing, and making recommendations for executing agreements such as leases, licenses, and right-of-entry permits within public right-of-way relating to utility relocation and new construction
Experience in performing right-of-way tasks under Federal and State Guidelines or other applicable regulations pursuant to funding source
Experience and understanding of titles and interpreting engineering drawings and legal descriptions
Experience identifying, documenting, and resolving property encroachments and maintenance issues

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, and practices of real estate services, including appraisal, real estate acquisition, relocation, property management, environmental, condemnation, contracts, and general real estate law and documentation requirements
Applicable local, state, and federal laws, rules, and regulations governing real estate practices, including the Uniform Relocation and Acquisition Act and the Uniform Standard of Professional Appraisal Practices (USPAP)
Theories, principles, and practices of property management and real estate contract/leases
Calculation of real estate contract increases including CPI (Consumer Price Index) and adjustments
Computer systems to track and manage real estate and property management transactions
Basic accounting principles and financial information systems
Department policies and procedures
Property inspection practices and procedures

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

Negotiating and mediating, including real estate contracts, property acquisition, and settlements
Compiling and analyzing complex data and preparing comprehensive reports
Coordinating with multiple parties to facilitate real estate transactions
Utilizing computer systems for real estate and GIS (geographic information system) mapping
Computer software, such as Word, Excel, and PowerPoint
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)

Negotiate favorable real estate transactions, prepare appropriate contract documentation, and recommend appropriate strategies
Understand, interpret, and apply laws, rules, regulations, policies, procedures, contracts, budgets, and labor/management agreements
Analyze situations, identify problems, and recommend solutions
Exercise judgment and creativity in making decisions
Think and resolve issues independently
Represent Metro before the public
Oversee assigned staff
Travel to offsite locations
Interact effectively with diverse group of clients and customers
Work independently
Manage time, prioritize workload and execute, and meet tight time constraints and deadlines
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

(SH)

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 Office
One Gateway Plaza
Los 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.

*Please refer to the applicable benefit type (Regular or Temporary)*

BENEFITS FOR REGULAR EMPLOYEES

Benefits cover probationary or regular full-time (working at least 40 hrs/week) employees of Metro.

We offer a range of high-quality medical, dental and vision plan options as well as health care spending accounts for you and your family. Metro will cover a significant portion of your health care premiums.

Medical/Dental/Vision Plan - Employee has the choice of 3 separate medical plans and 3 dental plans. A separate vision plan is included in each medical plan.

Group Life Insurance - PTSC pays for an amount equal to your annual salary, rounded up to the nearest $1,000. Minimum amount of life insurance is $30,000.

Accidental Death & Dismemberment Insurance - PTSC provides $50,000 coverage for each employee. Additional voluntary coverage in amounts up to $500,000 is available at favorable premium rates.

Long-Term Disability Insurance - 100% employer paid. Provides employees with a minimum income of 60% of earnings after six months of disability. Buy up or buy down options available.

Holidays - 12 days a year: New Year's Day, Martin Luther King, Jr. Day, Presidents' Day, Memorial Day, Independence Day, Labor Day, Veterans' Day, Cesar E Chavez, Juneteenth,Thanksgiving Day, Day After Thanksgiving, and Christmas Day.

Time off with Pay (TOWP) - Compensates employees who are on approved absence from work for reasons such as illness, injury, medical and dental appointments, personal business, vacation, or observance of (a) religious holiday.
Years of Service                Annual Accrual
Hire date - 5 years                          20 days
Beginning of 6th - 10th year             25 days
Beginning of 11th - 15th year            30 days
Beginning of 16th + years                 35 days

Pension Plan - PTSC retirement plan is the Public Employees' Retirement System (PERS). Vesting is five (5) years. Minimum retirement age is 52, based on the 2% at 62 formula.

Other Benefits: Transportation passes for employees and/or eligible dependents; Medicare; Tuition reimbursement; credit union membership; SDI; Deferred Compensation Plan; 401(K) Thrift plan; EAP; Medical and Dependent Care Flexible Spending Accounts; Flexible work schedules; and Jury Duty Pay.

BENEFITS FOR TEMPORARY EMPLOYEES

Temporary (Contingent) employees are eligible for the following benefits only:

Kaiser medical insurance
Public Pension Plan
457/401K Plan
Flex Spending
Paid Sick Time
Fare Media
Rideshare Subsidies
Metro One Fitness membership

For more information on the Benefits Enrollment for Contingent Employees, please visit LA Metro’s Pension & Benefits website at www.benefits.metro.net.

Are you a current Metro employee?

If you indicated being a current Metro employee, please enter your employee badge number in the field below. If you selected "No" to the previous question, please enter "N/A."

Please select the highest level of education you have completed.

I do not have education equivalent to grade 12
High school graduate, diploma or the equivalent (GED)
Associate degree from an accredited college or university
Bachelor's degree from an accredited college or university
Master's degree from an accredited college or university
PhD from an accredited college or university

Please acknowledge that the following responses will be used to supplement and expand on the Work Experience section of your application. It is important to provide detailed answers and do not refer to or rely on a resume or other documentation as we will not review resumes to determine qualifications. The information provided in your application must support your selected answers in the supplemental questions. The information you provide will be verified and documentation may be required. Please be as accurate as possible. By completing this supplemental questionnaire you are attesting that the information you have provided is accurate. Any misstatements, omissions, or falsification of information may eliminate you from consideration or result in dismissal.

Yes, I agree and understand my resume will not be reviewed

Please select the number of years of relevant experience you have in real estate appraisal, acquisition, relocation, and/or property management.

No relevant experience
Less than 3 year
3 year or more, but fewer than 5 years
5 years or more, but fewer than 7 years
7 or more years

If you indicated having relevant experience in the previous question, please describe where and how you gained this experience, including names of employers, dates of employment, and duties performed. If you do not have this experience, please indicate "N/A."

Please describe your experience negotiating and preparing real estate contracts, amendments, leases, licenses, easements, permits, and notices to comply. Please describe where and how you gained this experience, including names of employers, dates of employment, and duties performed. If you do not have this experience, please indicate "N/A."

Please describe your experience negotiating, writing, and making recommendations for executing agreements such as leases, licenses, and right-of-entry permits within public right-of-way relating to utility relocation and new construction. Please describe where and how you gained this experience, including names of employers, dates of employment, and duties performed. If you do not have this experience, please indicate "N/A."

Please describe your experience in performing right-of-way tasks under Federal and State Guidelines or other applicable regulations pursuant to funding source. Please describe where and how you gained this experience, including names of employers, dates of employment, and duties performed. If you do not have this experience, please indicate "N/A."

Please describe your experience and understanding of titles and interpreting engineering drawings and legal descriptions. Please describe where and how you gained this experience, including names of employers, dates of employment, and duties performed. If you do not have this experience, please indicate "N/A."

Please describe your experience identifying, documenting, and resolving property encroachments and maintenance issues. Please describe where and how you gained this experience, including names of employers, dates of employment, and duties performed. If you do not have this experience, please indicate "N/A."

Required Question

Source : Metropolitan Transportation Authority