Commercial Evaluations Analyst - Remote Opportunity

First American; Alabama; Remote; USD 60,000 - 80,000; Full time

Job summary

Join a forward-thinking company that prioritizes its people and fosters an inclusive environment. As a key member of the team, you'll analyze commercial properties and provide valuable insights to help lenders make informed decisions. Your role will involve utilizing databases to find comparable sales, conducting thorough evaluations, and collaborating with experienced analysts. This position offers a unique opportunity to grow your skills in real estate analysis while working in a supportive and innovative culture. If you're passionate about making an impact in the real estate sector, this is the perfect opportunity for you.

Benefits

Medical Insurance

Dental Insurance

Vision Insurance

401k

Paid Time Off

Paid Sick Leave

Employee Stock Purchase Plan

Qualifications

• 2-5 years of experience in real estate or appraisal firm.
• Understanding of commercial evaluation concepts and procedures.

Responsibilities

• Analyze property characteristics and input into reports.
• Conduct searches for comparable sales using the Sales Comparison Approach.
• Recommend adjustments for market value estimation.

Skills

Real Estate Analysis

Communication Skills

Organizational Skills

Problem-solving Skills

Analytical Skills

Education

Bachelor's Degree

Tools

Microsoft Office

CoStar

LoopNet

Job description

Join a team that puts its People First! As a member of First American's family of companies, Mortgage Solutions provides lenders with solutions to originate, close, and service quality loans. Since 1889, First American (NYSE: FAF) has believed in its people, fostering an environment where all feel welcome, supported, and empowered to innovate and reach their full potential. Our inclusive, people-first culture has earned numerous accolades, including being named to the Fortune 100 Best Companies to Work For list for ten consecutive years. We have also been recognized as a great place to work for women, diversity, and LGBTQ+ employees, and featured on over 50 regional best places to work lists. First American strives to be a great place to work for all. For more information, visit www.careers.firstam.com.

What We Do

The primary responsibility is to fulfill Commercial Evaluation Reports requested through the system. Analysts utilize algorithms and analyze results from commercial databases to search for comparable sales, analyze similar sales, and prepare comparisons using qualitative analysis to form an opinion of the market value of the property. They are expected to complete searches for three comparable sales, analyze various factors, and make recommendations or present conclusions. Assistance from more experienced team members will vary depending on task complexity. Work is reviewed before being sent to the lender.

What You'll Do

1. Analyze information on subject property physical characteristics from assessor websites or by telephoning offices; input information into reports, check for errors, and identify if additional information is needed.
2. Conduct searches for comparable sales using the Sales Comparison Approach to estimate the market value of the property. May require assistance from senior analysts or leads.
3. Analyze comparable data, including data from databases like CoStar and LoopNet, considering deed types, transaction nature, parcel sales, and property types. Assistance from senior analysts or managers may be needed.
4. Recommend adjustments for factors such as condition, quality, age, sale date, and sale condition, often requiring guidance from leads.
5. Recommend weighting of comparables for value estimation, subject to review.
6. With guidance, complete income approach and/or land evaluation.

What You'll Bring

• Bachelor's Degree
• 2-5 years of experience in real estate, preferably with a real estate/lender or appraisal firm
• Understanding of fundamental concepts and procedures of commercial evaluation
• Excellent verbal and written communication skills
• Strong organizational skills to multi-task, prioritize, and work under pressure
• Problem-solving, decision-making, and analytical skills
• Proficiency with Microsoft Office

Salary Range: $22.80 - $30.38 Hourly

This range is an estimate at the time of posting and may vary based on experience, skills, and location.

What We Offer

We embrace individuality and support diversity, equity, and inclusion, which are key to our success. We foster an authentic and inclusive workplace where you are encouraged to bring your entire, unique self. First American is an equal opportunity employer.

Note for candidates in Los Angeles County unincorporated areas:

First American considers all qualified applicants, including those with arrest or conviction records, consistent with applicable laws. We conduct criminal history reviews in connection with a conditional offer, especially for roles involving handling confidential information, financial transactions, or customer requirements.

Eligible candidates will have access to a comprehensive benefits package, including medical, dental, vision, 401k, PTO, paid sick leave, and other benefits like an employee stock purchase plan.