Property Specialist (Real Estate)
AtripleA Recruitment & Temps
- Johannesburg, Gauteng
- R45,800 per month
- Permanent
- Full-time
Property Specialist
R45800Our client in the Real Estate industry is looking for a Property Specialist to provide professional real estate services expertise, within an assigned geographical area.This service should include short term and long-term forecasting, research and documentation of data for studies, appraising of property, negotiating terms and conditions of all agreement, evaluating economics and recommending size of capital expenditures, assembling and presenting proposal packages, controlling flow of transactions, working to obtain necessary zoning and permitting, and maintaining real estate portfolio within assigned area.Key responsibilities1. Submits forecast recommendation for territory by:
- Securing and evaluating market data for specific areas and territory.
- Evaluates expansion needs of Region and system and evaluates competitive activity and selects Sites.
- Estimating sales volumes and costs and completing P& L.
- Obtaining information from sources such as Chamber of Commerce, Census Data, Local Authorities, Brokers, and Owners, Professional people in Trade area, appraisers, Record's Offices, Operators, the businesses employees and other retailers in trade area. Census Data includes information on racial composition, ages, persons per household, average income, and potential fast food visits per person.
- Driving and visiting area under investigation to establish time relation of sites to generators, number and strength of generators, and trade area.
- Marking up map with outline of trade area and other pertinent data such as traffic counts, competition, population figures and generators.
- Completing impact studies where necessary and selects the best location to serve Trade Area.
- Obtains input from Real Estate Manager.
- Gather comparable and evaluate to establish Fair Market Value.
- Request Construction Site Check
- A feasibility study that includes a proposed site layout, identifies the utilities, building codes, drainage, zoning, and estimated cost.
- Real Estate Data Forms
- Contacting principals and agents.
- Developing negotiating strategy and position.
- Negotiating agreements and obtaining signatures.
- Completing Orange folder.
- Reviewing with coordinators.
- Writing Decision Logic - the Network Developer writes an interpretation of why he/she has chosen the site more desirable in a chosen area and the reasons why the company should be located in the area. The discussion is centered on such things as market trade, business dynamics, traffic counts, proximity to schools, etc.
- Obtain Real Estate Manager's endorsement and Managing Directors approval. At this point in time, the Managing Director will review the Real Estate orange folder which contains the above listed items and visits the site for making a decision of approval or disapproval. The Real Estate orange folder is circulated to all the Directors prior to final signature of the Management Director.
- Directing brokers, Property Owners, coordinators, outside professionals, governmental bodies to insure communications and understanding, and to set priorities.
- Working with construction to insure optimum and timely developments of locations.
- Obtain timely input from licensees and other Departments.
- Maintaining involvement with location development on a continual basis.
- Working to obtain the necessary zoning and permitting by:
- University Degree pertaining to property development or Business practice
- 3 to 5-year experience in property field
- Self-starter, good negotiator and self-confidence.
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