Real Estate Specialist

PECO•Philadelphia, PA

About The Position

Under general direction, the Real Estate Specialist plans and executes real estate and related projects and activities, providing support for energy delivery operations and other business units as assigned by the Director, Real Estate & Facilities, or the manager/supervisor with delegated authority. The role covers a broad range of real estate functions, including property and property-rights acquisition, leasing, rent receivables, property sales, property tax assessments and appeals, and property management. The Specialist negotiates and prepares real estate agreements and documents, reviews legal, engineering, appraisal and environmental materials, and may represent the Department in legal matters with counsel. The position also involves maintaining project records, preparing appraisals and financial analyses, inspecting properties, conducting marketing and records research, interpreting documents, and preparing reports and evaluations. The Specialist serves as an information resource for internal teams and external customers and may coordinate regional staff or contractors supporting real estate transactions and projects. The role has no day-to-day supervisory responsibilities and requires independent judgment; work is subject to periodic review. Extended hours may be required during storms or other energy delivery emergencies.

Requirements

  • Bachelor's degree or Real Estate Broker's License and 2–4 years of business experience; alternatively, 3–6 years of business experience in lieu of a degree.
  • At least 2 years of real estate transactional experience involving knowledge of legal descriptions and standard real estate practices and documentation.
  • Proven negotiation skills.
  • Ability to organize complex projects, meet critical deadlines and assume primary responsibility for completing assignments.
  • Strong presentation ability and excellent written and oral communication skills.
  • Proficiency in Excel and Microsoft Office applications, including Access, PowerPoint, Word and Project.
  • Customer-focused, professional and self-starting.

Nice To Haves

  • Ability to manage multiple projects simultaneously.
  • Experience in telecommunications infrastructure.
  • Familiarity with Pole Attachment Agreements and/or Joint Use Agreements.
  • Understanding of the Make-Ready Pole Attachment Process.
  • Valid driver's license and ability to travel to project sites as needed.

Responsibilities

  • Plan and perform real estate and related activities, including property and property-rights acquisition, land and facilities leasing, rent receivables, property sales, property tax assessments and appeals, and property management.
  • Negotiate contract and agreement terms and prepare contracts, deeds, leases, easements and other real estate documents.
  • Review property surveys, legal descriptions, engineering drawings, facilities attachment applications, appraisals, legal documents and environmental reports; represent the Department in legal matters with in-house or outside counsel.
  • Create and maintain project files and documentation; prepare appraisals and financial analyses; conduct property inspections and marketing activities; research company and public property records; interpret documents; and prepare reports and evaluations.
  • Provide real estate information to personnel in other departments and business units and serve as a point of contact for governmental agencies and external customers seeking information about company real estate assets and projects.
  • Act as a liaison or project manager with regional staff or contractors performing services related to company real estate transactions or projects.
  • Regularly report project and transaction status and progress toward performance goals to the manager or supervisor, and perform other assigned duties.
  • Serve as a regional contact for external customers, railroads and municipalities regarding Exelon real estate issues, projects and requests.

Benefits

  • Annual bonus for eligible positions: 10%.
  • 401(k) match and annual company contribution.
  • Medical, dental and vision insurance.
  • Life and disability insurance.
  • Paid time off options, including vacation, sick time, floating and fixed holidays, maternity leave, and bonding/primary caregiver or parental leave.
  • Employee Assistance Program and resources for mental and emotional support.
  • Wellbeing programs, including tuition reimbursement, adoption and surrogacy assistance, and fitness reimbursement.
  • Referral bonus program.
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