Real Estate Representative

Build an exciting, rewarding career with us - help us make a difference for millions of people every day. Consider joining the Duke Energy team, where you'll find a friendly work environment, opportunities for growth and development, recognition for your work, and competitive pay and benefits.

This is an intermediate level position within the Real Estate land rights/acquisition job family. The Real Estate Representative is responsible for negotiating and acquiring the land rights (typically easements, but may include other land rights transactions, i.e. leases, fee purchases/dispositions, releases, encroachments, permits, etc.) needed to install, operate, and maintain the company's facilities. The Real Estate Representative must display an advanced understanding and proficiency of real estate related topics and activities including without limitation: land title and records research to determine ownership and interpret existing rights, easement and other land agreement terminology, negotiation practices and strategies, review and interpretation of engineered drawings and site plans, easement/land agreement document preparation, communication with internal and external stakeholders, records recordation and retention, and computer and technology systems for mapping, indexing, and archiving land records. They must also be familiar with eminent domain and budgeting, with the ability to manage these aspects independently. The Real Estate Representative is responsible for standard level transactions and occasional more complex transactions which may involve high profile projects, major account customers, attorneys, public officials, etc. The Real Estate Representative may be required to self-perform these real estate activities and/or engage and oversee a vendor in the performance of these activities depending on the project, jurisdiction, and/or business unit being served.

Utilize advanced communication and negotiation skills to acquire property and property rights required by the Company, its subsidiaries, and others.

• Uses advanced negotiating strategies and critical thinking skills to facilitate the acquisition process. Handles negotiations and tracking complex projects with special entities. (Government, DOT, municipalities, industrial, etc.).

• Demonstrates a proficient understanding of company policies and procedures with the advanced ability to communicate those to the public and landowners, while responding to their questions with limited assistance from Senior Real Estate Rep/Lead Real Estate Rep or Management.

• Ability to conduct standard level transactions and more complex transactions which may involve high-profile projects, real estate transactions of small value or non-monetary projects as needed.

Value/Research properties/property rights to estimate the fair market value as indicated using accepted approaches to real estate valuation.

• Research public records, interview independent real estate professionals and compiles market data for use in the valuation process.

• Research public records to identify ownership in preparation of document preparation.

• Analyzes market data to obtain initial value for the assigned appraisal subject as needed.

• Research internal records for existing land right records to aid external customers and internal business partners.

Utilize working knowledge of real estate law and engineering discipline and its application to Company acquisition projects.

• Demonstrates advanced understanding of engineering drawings, DOT, municipality, highway drawings and legends.

• Conducts research and takes appropriate action to obtain clear title to property, e.g., interviews all parties who may have an ownership interest, coordinates requests for attorney prepared title opinions as needed.

• Identifies defects in land titles and assist in the resolution of clear title as needed.

• Advises internal business partners and assists Attorneys in legal proceedings related to eminent domain preparation. Research and reviews Franchise Agreements, Municipal Charters, and other legal documents as necessary to determine company rights.

Establish and maintain effective working relationships with internal and external personnel/groups.

• Facilitates communication and coordination between internal business partners in the acquisition and disposition (release of easement) of real estate interests.

• Works closely with internal business partners and external customers to resolve right of way issues within established schedule and budget to provide timely construction of company facilities and efficient utilization of company resources.

• Interfaces with Senior Real Estate Rep/Lead Real Estate Rep and Legal Department personnel on matters relating to real estate law, property title questions, Federal Energy Regulatory Commission (FERC) related matters, and commission and/or court testimony.

• Acts as the subject matter expert in real estate matters to ensure best practices and procedures are followed in the protection and utilization of company assets.

• Identifies and acts on opportunities to acquire easements whenever possible to protect company assets.

• Utilizes Corporate collaboration tools and Work Management System to track, manage, and report on workload.

Provide oversight for Vendor managed projects.

• Define and communicate project scope and track vendor progress to ensure project milestones are met.

• Manage risks: assess and mitigate risks Vendor may uncover from property owners and then elevate these to management.

• Act as point of contact for vendor related questions.

• Administering vendor invoicing.

Remain abreast of current best practices, regulations, and laws relating to all Real Estate functions.

• Research professional journals and publications.

• Reviews information disseminated by Legal and Tax Departments, State Boards, etc. on changes to various real estate, tax, safety, and environmental laws and codes and ensures compliance by subordinates.

• Stays abreast of current real estate market conditions through interface with various local, regional, and national real estate professionals, e.g., appraisers, attorneys, negotiators, brokers, other real estate managers outside of Duke Energy.

• Stays in touch with issues from the International Right-of-Way Association

• Participates in professional organizations and associations (e.g. IRWA, SGA, SEE)

• Bachelor's degree in Business or Real Estate

• In addition to bachelor's degree, three (3) years minimum of related work experience

• In lieu of bachelor's degree AND three (3) years minimum of related work experience listed above, high school diploma/GED AND 6 years of experience

• Driver's License

• Notary within 6 months of hire

• Bachelors degree in Business, Real Estate or other related degree +2 yrs. related work experience

• Associate Degree in Business, Real Estate or other related degree + 4 yrs. related work experience,

• 6 yrs of work experience in lieu of a degree + HS/GED

• Survey, permitting, appraisal, development, real estate construction, or land engineering knowledge

• Knowledge of electric operations, development, and construction

• Environmental awareness to understand basics of due diligence and the public requirements for projects.

• A real estate professional designation earned through testing and experience from a recognized real estate association such as IRWA, Appraisal Institute, CoreNet, CCIM, etc.

• Effective public presentation, witness and testimony skills and experience.

• Field Mobility Classification - Work will be performed in various field locations, as needed, after the onboarding period. However, field employees are required to live within a reasonable daily commute to their assigned work location.

• Will often require irregular work schedule to accommodate land owners and other professionals to include frequent evenings and weekends.

• Travel may be required to facilitate certain negotiations and execute transactions.

• Field visits are often required to analyze property and participate in due diligence.

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