PRINCIPAL REAL ESTATE OFFICER (ACQUISITION/RELOCATION)

Salary : $90,521.60 - $135,740.80 Annually

Location : Los Angeles, CA

Job Type : Regular Employee

Job Number : 2400171

Cabinet : PLANNING AND DEVELOPMENT

Cost Center : 6510 - RIGHT-OF-WAY

Opening Date : 02 / 19 / 2025

Closing Date : 3 / 5 / 2025 5 : 00 PM Pacific

FLSA : Exempt

Bargaining Unit : Non-Contract

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

For Appraisal : Performs : highly complex real estate appraisals functions to determine the fair market value of properties required for active projects; prepares appraisal reviews and recommends values for acquisition or rental purposes; and coordinates procurement, contract management, and file management related to appraisal assignments.

For Acquisition / Relocation : Performs highly complex real estate acquisition and relocation functions; acquires real property required for active projects either through negotiations or eminent domain; provides oversight and coordination for internal management of special projects, including environmental investigations; provides oversight and management of outside acquisition and relocation consultants, including procurement, contract management, and file management.

For Asset Management : Coordinates 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 establishes and follows best management practices.

Examples of Duties

• Performs a broad range of complex, cross-sectional real estate and right-of-way functions

Plans and manages real estate projects

Reviews title reports, appraisals, and similar support documents and reports

Assists management in preparing real estate revenue goals and budget reports estimating real estate related costs

Inspects real estate both in person and using computer programs to document conditions

Evaluates Metro's real estate needs, identifies opportunities to enhance safety and revenues, and recommends policies and procedures to enhance department efficiency and accuracy of management of assets

Prepares written and oral reports, resolutions, correspondence, and legal documents

Represents the department in meetings with other departments / divisions, property owners and tenants, and business and community groups to make presentations or respond to inquiries

Provides oversight and management of outside consultants

Provides leadership, guidance, and advice to staff on complex real estate issues

Provides training to support staff on real estate related functions

Coordinates work activity of both professional and administrative staff when working on special projects

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 appraisal scope of work, reviews real estate appraisals for thoroughness and professional completion, and prepares appraisals as appropriate

Communicates with management and outside counsel regarding issues that are significant in appraisals prepared for property owners For Acquisition / Relocation

Negotiates with property owners or their agents for purchase or voluntary transfer of property

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

Solicits consultant(s) for the preparation and review of environmental investigation reports For Asset Management

Coordinates use of Metro assets (land) with internal departments

Executes agreements that enable safe, short-term use of or access to Metro land

Manages assets sensibly to reduce Metro expenses for maintenance and upkeep

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

Experience

Certifications / Licenses / Special Requirements

Senior Right of Way Agent (SRWA) 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 working on multiple projects simultaneously with multi-disciplinary internal and external teams

Experience managing milestone schedules, budgets and risks, and authoring reports for project progress

Experience reading and interpreting right of way plans, title reports and appraisals

Experience supervising third-party consultants and contractors

Essential Knowledge

Knowledge of (defined as a learned body of information that is required for and applied in the performance of job tasks)

Applicable local, state, and federal laws, rules, and regulations governing real estate practices, processes, and procedures

Basic real estate law and eminent domain law

Theories, principles, and practices of land use planning and regulations

Applicable federal, state, and local rules and regulations governing public acquisition policies

Financial calculations relating to real estate

Various areas of Los Angeles County, including cities and neighborhoods

Computer applications, particularly as related to the analysis and maintenance of property information and records

Computer software, such as Word, Excel, PowerPoint, Publisher, and financial calculator

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

Understanding and analyzing complex planning concepts

Interacting professionally with all level of Metro employees and external parties

Preparing reports and correspondence

Communicating effectively orally and in writing

Using real estate specific software

Reading and interpreting legal documents

Preparing contract documentation

Analyzing financial data and basic mathematics

Supervising, training, and motivating team members

Ability to (defined as a present competence to perform an observable behavior or produce an observable result)

Think and act independently

Proofread and write scopes of work

Conduct planning studies and act as a project manager

Negotiate favorable real estate transactions, prepare appropriate contract documentation, and recommend appropriate strategies

Exercise judgment and creativity in making decisions, and sensitivity in politically charged areas or projects

Represent Metro before the public

Work successfully and accurately under tight time restraints

Organize and manage many projects concurrently

Travel to offsite locations

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

Close exposure to computer monitors and video screen

Physical Effort Required

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

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 does not deny participation in the application process to anyone with prior justice system involvement, in line with 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.

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.

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 :

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

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 anddo 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.

Please select the highest level of education you have completed.

Please select the number of years of relevant experience you have in real estate appraisal, acquisition, relocation, and / or property management, requiring at least two years specialized experience in area of assignment.

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 providing Right of Way services in compliance with local, state, and federal Uniform Relocation Assistance and Real Property Acquisition Act (URA).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 working on multiple projects simultaneously with multi-disciplinary internal and external teams.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 managing milestone schedules, budgets and risks, and authoring reports for project progress.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 reading and interpreting right of way plans, title reports and appraisals.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 supervising third-party consultants and contractors.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

Salary : $90,522 - $135,741