Commercial Evaluations Analyst - Remote Opportunity

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

Job summary

An established industry player is seeking a dedicated analyst to join their team, where the focus is on people and innovation. In this role, you will analyze commercial properties and provide insights to help lenders make informed decisions. With a commitment to diversity and inclusion, this company fosters a supportive environment where every employee can thrive. If you have a passion for real estate and strong analytical skills, this is an excellent opportunity to grow your career in a collaborative workplace that values your unique contributions.

Benefits

Medical Insurance

Dental Insurance

Vision Insurance

401k

Paid Time Off

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 data into reports.
• Conduct searches for comparable sales and estimate market value.
• Recommend adjustments and complete evaluations with guidance.

Skills

Real Estate Analysis

Communication Skills

Organizational Skills

Problem-Solving

Microsoft Office Proficiency

Education

Bachelor's Degree

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 held an unwavering belief in its people. They are passionate about what they do, and we are equally passionate about fostering an environment where all feel welcome, supported, and empowered to be innovative and reach their full potential. Our inclusive, people-first culture has earned our company numerous accolades, including being named to the Fortune 100 Best Companies to Work For list for ten consecutive years. We have also earned awards as a best place to work for women, diversity, and LGBTQ+ employees, and have been included on more than 50 regional best places to work lists. First American will always strive to be a great place to work, for all. For more information, please 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 retrieved 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. Analysts 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 provided by Assessor's websites or by telephoning offices; input information into reports electronically to identify errors and determine if additional information is needed.
2. Conduct a search for comparable sales; using the Sales Comparison Approach, estimate market value for the subject property. May need assistance from senior analysts or leads.
3. Analyze comparable data, including data from databases like CoStar, Loopnet, etc., considering factors such as deed types, transaction types, parcel sales, and property types. Assistance from senior analysts or managers may be required.
4. Recommend adjustments for factors such as condition, quality, age, effective age, LTB ratio, sale date, and sale condition. Typically requires assistance from leads for these adjustments.
5. Recommend weighting of comparables to derive a value estimate for review and approval.
6. With guidance, complete income approach and/or land evaluation.

What You'll Bring

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

Salary Range: $22.80 - $30.38 Hourly

This range is an estimate of the base pay at the time of posting. Pay is based on factors such as knowledge, skills, experience, business needs, and location.

What We Offer

We embrace individuality and support diversity, equity, and inclusion as key to our success. Our People First Culture celebrates and fosters an authentic and inclusive workplace for all. You are encouraged to bring your full, unique self to work. First American is an equal opportunity employer.

Note for candidates in Los Angeles County

First American will consider all qualified applicants, including those with criminal records, consistent with applicable laws such as the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act.

We may review an applicant's criminal history after a conditional offer, especially if it relates to handling confidential information, financial transactions, or customer requirements.

Our benefits include medical, dental, vision, 401k, PTO, sick leave, and an employee stock purchase plan.