Real Estate Specialist

  • 204230

SUMMARY: Under general direction, performs complex professional and technical work in the appraising and analysis of real estate property for the City, and complex professional and technical tracking and analysis of private sector commercial and residential real estate availability; does related work as required. Position is assigned to the Finance Department and work is performed under the general direction of the Director of Finance.

ESSENTIAL FUNCTIONS: (Essential functions, as defined under the Americans with Disabilities Act, may include the following tasks, knowledge, skills and other characteristics). This list is ILLUSTRATIVE ONLY and is not a comprehensive listing of all functions and tasks performed by incumbents of this class.

DUTIES AND RESPONSIBILITIES: (which are not in any hierarchical order)
  1. Works with the Property Appraiser to ensure that real estate within the City is being reasonably appraised given the specific market conditions.
  2. Works with the Budget Office to provide in-depth analytical review of all real estate assessment information provided by the County.
  3. Works with real estate agencies to compile economic and demographic data that will be utilized for Economic Development and Rating Agency presentations.
  4. Works with the Budget Office and the Construction Services Department to project the City’s anticipated new construction, redevelopment activities, and demolitions, as they relate to property value projections.
  5. Works with the Law Department to ensure that all real-estate leases are initiated at a reasonable market value.
  6. Creates and maintains a centralized and comprehensive database of real estate owned, leased and sold by the City, and the Community Redevelopment Agency by agreement.
  7. Analyzes all City leases to ensure that payments are increased according to lease provisions.
  8. Utilizes the property database to ensure that all assessments against City real estate are accurate, and if so, paid in a timely manner.
  9. Works with the Law Department in obtaining suit information for use in preparation of eminent domain proceedings.
  10. Works with all applicable City Departments in the allocation of resources, and the administration, of the City’s Building Maintenance program.
  11. Creates and maintains a current, centralized, comprehensive database of commercial and residential property available for lease or sale within the City.
  • Knowledge of the practices of real estate appraising and real estate principles and practices.
  • Knowledge of building construction practices and of building and land values.
  • Knowledge of State laws, charter provisions, and municipal ordinances relating to real estate appraisal and the general policies and laws governing a Redevelopment Agency.
  • Ability to read and understand building construction and specifications.
  • Ability to analyze factors which tend to influence the value of property and to exercise judgment in the determination of property values.
  • Ability to interact effectively with City officials, attorneys, property owners, and licensed real estate brokers, the general public, and associates.
  • Skills in preparing effective presentations.
  • Ability to communicate effectively orally and in writing.
PHYSICAL REQUIREMENTS AND WORK ENVIRONMENT: Works involves light to moderate work in an indoor and outdoor setting, There is frequent need to stand, walk, sit, talk or hear, use hands to finger, handle or feel, lift and perform other similar actions during the course of the workday. The City of West Palm Beach promotes a drug/alcohol free work environment through the use of mandatory pre-employment drug testing.

MINIMUM QUALIFICATIONS: Bachelor’s degree from an accredited college or a university with a major in real estate, business management or economics, and five (5) years experience in real estate property appraisal (residential and commercial properties), or an equivalent combination of training and experience. Appraisal experience with a County Assessing Office preferred. State Certified Appraisers license and/or Certified Florida Evaluators license is required. A valid Florida driver’s license is required.

FLSA Code: E
B/U: None
Last revision date: October 2001
Overtime: No
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