Job Responsibilities
- Collecting,organizing,analyzing, and reporting appraisal related market data through internal and external data sources, and understanding all company research related database and software programs.
- Closely monitoring local and regional commercial real estate markets and reporting on any pertinent news or trends.
- Conducting property-level due diligence and/or inspecting properties as part of the valuation process.
- Assisting in the preparation of appraisal reports, with level of contribution toward completion increasing over tenure in the position.
- Working closely with a general certified appraiser in order to complete appraisal assignments in a timely manner.
- Estimating the market value of collateral/security for real estate loans in accordance with internal policies/procedures, industry standards, and regulatory requirements.
- Interviewing real estate market participants for rent surveys, sales verifications, and subject property analysis.
- Performing other duties as assigned, as necessary.
Required qualifications, skills and capabilities
- BA/BS degree is required
- Must have a General Appraiser License, Residential Appraisal license, Appraiser Trainee license, or be working toward General Real Estate Appraiser state licensure.
- Strong analytical, organizational, and multi-tasking skills within a group setting and individually.
- Advanced oral and written communication skills.
- Computer/technology knowledge is required as well as a proficiency in MS Word, Excel, and Outlook (Microsoft Office Suite).
- The ability to self-motivate and manage time efficiently to meet service level deadlines.
- A passion for learning about local real estate market areas and neighborhoods.
- Ability to independently travel to property inspections and for market research.
Preferred qualifications, skills and capabilities
- Exposure to multifamily or commercial real estate transactions or analytics.
- A strong desire to gain an in-depth understanding of various building construction types, flood/environmental hazards, earthquake standards, and zoning conditions, with level of understanding expected to increase over the tenure in this position.