Prepares market value appraisals on simple real estate assets with minimal supervision and oversight, training, and mentoring by supervisory Appraiser or Manager. Prepares real estate appraisal reports, including entering data in the property database, taking photos of the subject and comparables and driving the neighborhood. Confirms data, conducts discussions with market participants, and performs additional research as necessary.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Prepares written market value reports from cover to cover with minimal analytical guidance of a senior appraiser.
Prepares and completes analysis and research for simple properties assigned into a full appraisal report. (To be reviewed by Sr. Real Estate Analyst/Managing Director)
Utilizes Argus (cash flow software) and 3rd party databases to compile data for appraisal report.
Examines and analyzes simple income producing properties and writes an analysis based on market comparisons.
Assists in examining and analyzing income producing properties writing an analysis based on market comparisons
Makes a comparison analysis based on sales of similar properties with significant input from Sr. Appraiser.
Analyzes past revenue and expense performance and projects a stabilized operating statement with significant input from Sr. Appraiser.
Other duties may be assigned
No formal supervisory responsibilities in this position. May provide informal assistance such as technical guidance, and/or training to coworkers. May coordinate and assign tasks to co-workers within a work unit and/or project.
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
EDUCATION and EXPERIENCE
Bachelor’s degree (BA/BS) from four-year college or university. Minimum of two plus years of related experience and/or training in Commercial Real Estate Appraising. Advanced training in Appraisal/Valuation Services is a plus.
CERTIFICATES and/or LICENSES
State Certification desired.
Excellent written and verbal communication skills. Strong organizational and analytical skills. Ability to provide efficient, timely, reliable and courteous service to customers. Ability to effectively present information.
Requires average knowledge of financial real estate terms and principles. Basic understanding of approaches to value of real estate assets.
Ability to comprehend, analyze, and interpret documents. Ability to solve problems involving several options in situations. Requires intermediate analytical and quantitative skills.
OTHER SKILLS and ABILITIES
Intermediate skills in Microsoft Office Suite required. Good writing skills.
SCOPE OF RESPONSIBILITY
Decisions made with understanding of procedures and company policies to achieve set results and deadlines. Responsible for setting own project deadlines. Errors in judgment may cause short-term impact to co-workers and supervisor.