Real Estate Transaction Specialist

A career at The Auto Club Group (ACG) can be satisfying, exciting and rewarding. By aligning your professional development with our business objectives, ACG can help you attain your career goals — and make a difference. Get started by choosing the career that’s right for you.

Dearborn, MI

The Auto Club Group

AAA was founded over 100 years ago for the purpose of lobbying for driver and passenger rights, fair laws and safer vehicles — all to better promote the love of the open road and the adventure of driving. Since then, AAA has grown to over 50 million members strong, while providing valuable membership services such as roadside assistance. Additionally, AAA has broadened its horizons to include all types of travel-related services, as well as offer a variety of insurance and financial products and services. Today’s AAA is a national federation comprised of more than 50 individual clubs throughout the United States and Canada. Whether you’re traveling around the world or to the corner grocery store, planning a honeymoon or weekend road trip, learning to drive or in need of a battery boost, the best way to begin your journey is with AAA.

keywords: work environment,compensation,about acg,real estate,management,analysis,reporting,consulting,maintenance,experience,values,education,skills

Full Time

Competitive Compensation and Benefits Package

Overview: <strong>About ACG:</strong><br /> The Auto Club Group (ACG) provides membership, travel, insurance, and financial services offerings to approximately 9 million members and customers across 11 states and 2 U.S. territories through the AAA, Meemic, and Fremont brands. ACG belongs to the national AAA federation and is the second-largest AAA club in North America.<br /><br /><strong>Compensation:</strong><br />The Auto Club Group offers competitive compensation and benefits packages including a base salary with performance-based incentives; medical/dental/vision insurance, pension, 401(k), generous time off, a complimentary AAA Membership, and much more!<br /> <br /><strong>Work Environment:</strong><br />Currently REMOTE DUE TO COVID. Works in a temperature-controlled office environment.
Responsibilities: <ul> <li>Meets with appropriate business units, regional management, and RES Facilities Management to determine real estate needs.</li> <li>Utilizes resources such as Real Estate brokers, developers, and internal staff to assist in finding new space and coordinate the movement, relocation, or closing of facilities.</li> <li>Coordinates the negotiation, interpretation, and administration of corporate leases for all ACG properties, including the negotiation of lease extensions.</li> <li>Works with commercial property companies and landlords representing offices and retail locations across the ACG footprint.</li> <li>Assists management in facility planning activities.</li> <li>Inspects current/prospective property sites to evaluate suitability for office facility requirements and physical site requirements and makes recommendations to management regarding the renewal/termination of leases.</li> <li>Provides budgetary, financial, and lease status reports.</li> <li>Participates in the development and maintenance of policies and procedures pertaining to all Real Estate Transactions.</li> <li>Supports and maintains Corporate Real Estate Services software involving tracking lease information, property values, capital expenditures, rental rates, and real estate transactions.</li> <li>Responsible for reporting KPIs (Key Performance Indicators) on Property Valuations; Rental Rates; Landlord Contacts; Insurance Coverages; trend analysis; CAM charges; Market Rents; Broker Commissions; Lease Expirations and Renewal Options.</li> <li>Assists in completing real estate transactions for the acquisition and disposition of owned properties.</li> <li>Provides a summary with recommendations for acceptance or counter offer.</li> <li>Coordinates the entire sale or acquisition by ordering appraisals, environmental phase I/II, land surveys, zoning classifications, final meter readings, preparing closing package and business license application, along with canceling any contracted services for the property.</li> <li>Drafts amendments, addendums, and leases for ACG branch office/tenant renewals.</li> <li>Communicates with individuals within Real Estate Services and ACG legal counsel to review legal documents and process for signatures.</li> <li>Creates and maintains pertinent lease renewal files for branch offices.</li> </ul>
Requirements: <strong>Education:</strong><br /> <ul> <li>College-level coursework in Business Administration or a related field. Bachelor&rsquo;s Degree preferred.</li> </ul> <br /><strong>Experience:</strong><br /> <ul> <li>lease negotiation, interpretation, and administration</li> <li>preparing cost/benefit analyses (e.g. lease versus buy, early lease termination buyout , etc.)</li> <li>using computer software at an advanced level, including Computer Aided Facility Management software</li> <li>preparing and analyzing reports relative to real estate and lease transactions</li> <li>lease analysis and reconciliation for gross, net and triple net leases</li> <li>reconciling rent and CAM (Common Area Maintenance charges)</li> <li>auditing lease transactions for appropriateness (e.g. terms, language, etc.)</li> <li>interpreting of real estate appraisals</li> <li>preparing/processing closing documents for the sale of real property</li> <li>interpreting boundary surveys and easement agreements</li> <li>performing mathematical calculations including square footage, rent increases using Consumer Price Index (CPI) , abatements and pro rata share</li> </ul> <br /><strong>Knowledge and Skills:</strong><br /> <ul> <li>various building trades and organizations</li> <li>real estate language and lease terminology</li> <li>Generally Accepted Accounting Principles (GAAP)</li> </ul> <br /><strong>Ability to:</strong><br /> <ul> <li>prepare and present detailed written and oral reports to management</li> <li>negotiate leases</li> <li>communicate effectively with others in a work environment and with the public (e.g. brokers, Senior management/user groups, landlords, tenants, and General Counsel)</li> <li>organize numerous files and documents</li> <li>Demonstrated skills in report writing and organization.</li> <li>preparing payments and budget templates for all ACG corporate accounts: rent, insurance, CAM, utilities, etc.</li> <li>Travel, as required</li> <li>perform financial reporting relative to the lease of ACG owned facilities</li> </ul> <br />Important Note: The above statements describe the principal and essential functions, but not all functions that may be inherent in the job. This job requires the ability to perform duties contained in the job description for this position, including, but not limited to, the above requirements. Reasonable accommodations will be made for otherwise qualified applicants, as needed, to enable them to fulfill these requirements.<br /><br />The Auto Club Group, and all of its affiliated companies, is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender identity, sexual orientation, national origin, disability or protected veteran status.<br />