Commercial Evaluations Analyst - Remote Opportunity

First American; Colorado; Remote; USD 80,000 - 100,000; Full time

Job summary

Join an innovative team that prioritizes people and fosters an inclusive culture. This role involves analyzing commercial properties and preparing evaluations using various databases. You will conduct thorough market research, collaborate with experienced analysts, and contribute to the overall success of the team. With a focus on diversity and a commitment to employee growth, this opportunity is perfect for those passionate about real estate and looking to make a significant impact in a supportive environment.

Benefits

Medical Insurance

Dental Insurance

Vision Insurance

401k

Paid Time Off (PTO)

Sick Leave

Employee Stock Purchase Plan

Qualifications

• 2-5 years of experience in real estate or appraisal.
• 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 for various factors affecting property value.

Skills

Verbal and Written Communication

Organizational Skills

Problem-Solving Skills

Analytical Skills

Multitasking

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. We foster 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 varies depending on task complexity. Work is reviewed before submission to the lender.

What You'll Do

1. Analyze information on subject property characteristics from Assessor's websites or by telephoning offices; input data into reports, check for errors, and identify additional information needs.
2. Conduct searches for comparable sales; estimate market value using the Sales Comparison Approach, possibly with assistance from senior analysts or leads.
3. Analyze comparable data from databases like CoStar, Loopnet, etc., including deed types, transaction types, and property use, with support from senior analysts or managers.
4. Recommend adjustments for factors such as condition, quality, age, effective age, LTB ratio, sale date, and sale condition, often with help from leads.
5. Determine weighting for comparables to produce a value estimate for review and approval.
6. With guidance, complete income approach or land evaluation tasks.

What You'll Bring

• Bachelor's Degree
• 2-5 years of experience in real estate, ideally 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, ability to multitask, 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 job-related factors, skills, experience, business needs, and location.

What We Offer

We embrace individuality and support diversity, equity, and inclusion as key to our success. Our culture encourages you to bring your entire, unique self to work. First American is an equal opportunity employer in every sense.

**Note:** These statements apply only to candidates working from an unincorporated area within Los Angeles County.

First American considers all qualified applicants, including those with arrest or conviction records, in accordance with applicable laws. We conduct a criminal history review in connection with a conditional offer, considering whether a criminal history may impact job duties such as handling confidential information, administering financial transactions, or meeting customer requirements.

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