Real Estate Specialist

Transmission & Distribution World; Philadelphia (Philadelphia County); On-site; USD 68,000 - 94,000; Full time

Benefits offered by this job

Annual bonus 10%

401(k) match with company contribution

Medical, dental and vision insurance

Life and disability insurance

Generous paid time off and holidays

Tuition reimbursement

Job summary

Exelon is seeking a Real Estate professional to plan and execute real estate projects for energy delivery operations. You will handle property acquisitions, leasing, tax assessments, and related documents, negotiating terms and coordinating with counsel and external agencies.

The role requires a Bachelor’s or Real Estate License with 2–4 years of experience, strong negotiation, and excellent communication. Proficiency in Excel and MS Office is essential; travel may be required.

Qualifications

• Bachelor's Degree or Real Estate Broker's License and 2-4 years' business experience or 3-6 years' business experience in lieu of a degree.
• 2+ years of real estate transactional experience involving knowledge of legal descriptions and standard real estate practice and documentation.
• Proven negotiation skills.
• Demonstrated ability to organize complex projects, meet critical deadlines and assume primary responsibility for completion of assignments.
• Strong presentation ability and excellent written and oral communication skills.
• Proficient in Excel and MS Office Applications (Access, PowerPoint, Word) and MS Project.

Responsibilities

• Plan and perform real estate activities across property and property rights, leases, rents, taxes and related matters.
• Negotiate terms; prepare contracts and leases; review surveys and legal documents; liaise with counsel.
• Create project files, perform financial analyses, inspections, market research, and prepare reports.
• Serve as a contact for internal teams and external agencies on Exelon real estate matters.
• Act as liaison or project manager with regional staff or contractors on real estate transactions.

Skills

Negotiation

Presentation

Communication

Excel

MS Office

MS Access

MS Project

Education

Bachelor's Degree

Real Estate License

Tools

MS Project

Job description

Exelon is helping build a more affordable, reliable energy future for the communities we serve. We're looking for people who are ready to make a difference and work together to deliver the energy our customers count on every day. As a Fortune 200 company and one of the nation's largest utility companies, we have more than 20,000 colleagues who serve nearly 11 million customers through six fully regulated utilities − Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (ComEd), Delmarva Power & Light (DPL), PECO Energy Company (PECO), and Potomac Electric Power Company (Pepco). Exelon is built by people who put safety first, work together to solve problems and show up every day for our customers and communities. We believe strong teams are built on trust, respect and a shared commitment to high-performance culture. And our commitment to employees includes creating an environment where people can grow, develop new skills and build thriving careers. We know this work isn't easy. That's why we offer competitive compensation, incentives, excellent benefits and the opportunity to build a rewarding career. No matter your role, you will be part of a team that is committed to making a difference, improving how we work and delivering for the people who depend on us. Are you on for the challenge?

Under general direction, plans and executes real estate and real estate related projects and activities. Provides real estate support for energy delivery operations and other Business Units as assigned by the Director, Real Estate & Facilities, and/or the Manager/Supervisor to whom supervisory authority has been delegated. Position may be required to work extended hours for coverage during storms or other energy delivery emergencies.

Primary Duties

• Responsible for planning and performing real estate and real estate related activities within the full range of real estate and real estate-related functions, including the acquisition of property and property rights, land and facilities leasing, facilitating collection of rent receivables, identification and sale of property and property rights, property tax assessments and appeals, property management and other real estate related matters. (40%)
• Negotiates contract and agreement terms; prepares contracts, deeds, leases, easements and other real estate documents; reviews property surveys, legal descriptions, engineering drawings, applications for facilities attachments, appraisals, other legal documents and environmental reports, and represents the Department in legal matters with in-house and/or outside counsel. (25%)
• Creates and maintains project files and documentation, prepares appraisals, conducts financial analyses, performs property inspections, conducts marketing activities, researches Company and public real estate and property records and files, interprets real estate and real estate-related documents, prepares reports and evaluations, and performs other necessary activities for assigned projects. (15%)
• Acts as a source of real estate information for personnel in other Departments and Business Units and as a point of contact for governmental agencies and other external customers seeking information on Exelon real estate assets and projects. (5%)
• Act as a liaison or project manager with regional staff or contractors performing services related to Company real estate transactions and/or projects. (5%)
• Reports regularly to the Manager/Supervisor on the status of projects and transactions and achievement of performance goals and performs other duties as assigned by the Manager / Supervisor. (5%)
• Acts as regional contact for external customers, railroads and municipalities for Exelon real estate related issues, projects and requests. (5%)

Job Scope

Acts as a real estate related subject matter resource to internal departments and external customers relative to Company real estate related issues. No day-to-day supervisory responsibilities. Determination of appropriate courses of action relative to real estate related issues is moderate. Independence of thought and action is moderate. Responsibilities are diversified. Involves the understanding and application of utility related real estate practices and procedures and real estate industry best practices. Completion of specific tasks requires the exercise of independent judgment and decision-making authority. Work is subject to periodic review.

Minimum Qualifications

• Bachelor's Degree or Real Estate Broker's License and 2-4 years' business experience or in lieu of a degree, 3-6 years' business experience.
• 2+ years of real estate transactional experience involving knowledge of legal descriptions and standard real estate practice and documentation.
• Proven negotiation skills.
• Demonstrated ability to organize complex projects, meet critical deadlines and assume primary responsibility for completion of assignments.
• Strong presentation ability and excellent written and oral communication skills.
• Proficient in Excel and MS Office Applications, including MS Access, PowerPoint, Word and MS Project.
• Customer focused, professional and self-starting.

Preferred Qualifications

• 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.
• Possession of a valid driver's license and the ability to travel to project sites as needed.

Benefits

• Annual salary will vary based on a candidate’s skills, qualifications, experience, and other factors: $68,000.00/Yr. – $93,500.00/Yr.
• Annual Bonus for eligible positions: 10%
• 401(k) match and annual company contribution
• Medical, dental and vision insurance
• Life and disability insurance
• Generous paid time off options, including vacation, sick time, floating and fixed holidays, maternity leave and bonding/primary caregiver leave or parental leave
• Employee Assistance Program and resources for mental and emotional support
• Wellbeing programs such as tuition reimbursement, adoption and surrogacy assistance and fitness reimbursement
• Referral bonus program
• And much more

Note: Exelon-sponsored compensation and benefit programs may vary or not apply based on length of service, job grade, job classification or represented status. Eligibility will be determined by the written plan or program documents.

Who We Are

We're powering a cleaner, brighter future.

Exelon is leading the energy transformation, and we're calling all problem solvers, innovators, community builders and change makers. Work with us to deliver solutions that make our diverse cities and communities stronger, healthier and more resilient.

We're powered by purpose-driven people like you who believe in being inclusive and creative, and value safety, innovation, integrity and community service. We are a Fortune 200 company, 19,000 colleagues strong serving more than 10 million customers at six energy companies -- Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (ComEd), Delmarva Power & Light (DPL), PECO Energy Company (PECO), and Potomac Electric Power Company (Pepco).

In our relentless pursuit of excellence, we elevate diverse voices, fresh perspectives and bold thinking. And since we know transforming the future of energy is hard work, we provide competitive compensation, incentives, excellent benefits and the opportunity to build a rewarding career.

Are you in?