Real Estate Specialist

Peco Energy Co.; Philadelphia (Philadelphia County); On-site; USD 68,000 - 94,000; Full time

Benefits offered by this job

Annual bonus 10%

401(k) match

Medical, dental & vision insurance

Life and disability insurance

Generous paid time off

Tuition reimbursement

Job summary

Exelon is seeking a Real Estate professional to plan and execute real estate projects for energy delivery operations. You will coordinate with multiple business units, negotiate contracts, and manage documentation, appraisals, and environmental reviews.

Strong communication and Excel skills are essential. Role emphasizes independence, timely delivery, and interaction with external agencies and contractors within a regulated utility context.

Qualifications

• Bachelor's Degree or Real Estate Broker's License with 2–4 years' business experience.
• 2+ years of real estate transactional experience with knowledge of legal descriptions and standard real estate practice.
• Proven negotiation skills.
• Ability to organize complex projects and meet deadlines.
• Strong presentation and written/oral communication skills.
• Proficient with Excel and MS Office apps (Access, PowerPoint, Word, MS Project).
• Customer focused, professional and self-starting.

Responsibilities

• Plan and perform real estate activities across property acquisitions, leasing, rent collection, and property rights.
• Negotiate contracts and review legal documents; liaise with in-house/outside counsel.
• Create and maintain project files, conduct financial analyses and prepare reports.
• Serve as a source of real estate information for internal teams and external agencies.
• Act as liaison/PM with regional staff or contractors for real estate projects.
• Provide status updates to Manager on projects and performance goals.
• Interface with external customers, railroads, and municipalities on real estate matters.

Skills

Negotiation

Communication

Project management

Analytical skills

Microsoft Office

Education

Bachelor's Degree or Real Estate Broker's License

Tools

MS Excel

MS Access

PowerPoint

MS Project

Job description

Who We Are

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?

Primary Purpose

PRIMARY PURPOSE OF POSITION

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

PRIMARY DUTIES AND ACCOUNTABILITIES

• 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

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

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

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.