Johannesburg: Property Specialist (Real Estate) posted by AtripleA recruitment & temps

About the Role

Our client in the Real Estate industry is seeking a Property Specialist to provide professional real estate services expertise within an assigned geographical area. The successful candidate will be responsible for providing short-term and long-term forecasting, research, and documentation of data for studies, appraising of property, negotiating terms and conditions of agreements, evaluating economics, and maintaining real estate portfolios.

Key Responsibilities

• Securing and evaluating market data for specific areas and territory.
• Evaluating expansion needs of Region and system, and evaluating competitive activity to select Sites.
• Estimating sales volumes and costs and completing Profit & Loss (P& L) statements.
• 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.
• 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 selecting the best location to serve Trade Area.
• Obtaining input from Real Estate Manager.

• Gathering comparable and evaluating to establish Fair Market Value.
• Requesting Construction Site Check
• A feasibility study that includes a proposed site layout, identifies the utilities, building codes, drainage, zoning, and estimated cost.
• Checking for accuracy in figures used for site development cost.
• Computation of base rent and base sales, monthly sales, and volume projected.
• Estimating volume and figure preliminary base rent figures.

• 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.
• Obtaining Real Estate Manager’s endorsement and Managing Directors approval.

• 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.
• Coordinating and preparing all zoning applications and presentations.
• Supporting Construction in obtaining permits.
• Reviewing completeness of permit package.

Requirements

• University Degree pertaining to property development or Business practice

• 3 to 5-year experience in property field

• Self-starter, good negotiator and self-confidence

Qualifications

(No qualifications mentioned in the original job description)

Salary & Benefits

(No salary information mentioned in the original job description)