Commercial Evaluations Analyst - Remote Opportunity

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

Job summary

An established industry player is seeking motivated individuals to join their team in providing innovative mortgage solutions. This role involves analyzing property data, conducting market comparisons, and utilizing advanced tools to estimate property values. With a strong focus on people and culture, this company offers a supportive environment that fosters personal and professional growth. You'll collaborate with experienced analysts and have the opportunity to make impactful contributions while enjoying a diverse and inclusive workplace. If you're passionate about real estate and eager to develop your skills, this is the perfect opportunity for you.

Benefits

Medical Insurance

Dental Insurance

Vision Insurance

401k Plan

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 practices.

Responsibilities

• Analyze property characteristics and input data into reports.
• Conduct searches for comparable sales and estimate market value.
• Recommend adjustments for various factors in evaluations.

Skills

Real Estate Analysis

Communication Skills

Problem-Solving

Organizational 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. 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 us 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 have appeared 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

Our primary responsibility is to fulfill Commercial Evaluation Reports requested through our system. Analysts utilize algorithms and analyze results from commercial databases to find comparable sales, analyze similar sales, and prepare comparisons using qualitative analysis to form an opinion of market value. They are expected to complete searches for three comparable sales, analyze various factors, and make recommendations or conclusions. Assistance from more experienced team members varies depending on task complexity. Work is reviewed before being sent 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 if additional information is needed.
2. Conduct searches for comparable sales; estimate market value using the Sales Comparison Approach, with possible assistance from senior analysts or leads.
3. Analyze comparable data, including data from databases like CoStar and LoopNet, considering deed types, transaction types, 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. Determine the weighting of comparables to produce a value estimate for review and approval.
6. With guidance, complete income approach and land evaluation as needed.

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, practices, and procedures of commercial evaluation
• Excellent verbal and written communication skills
• Strong organizational skills, 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 posting time. Pay depends on factors like knowledge, skills, experience, and location.

What We Offer

We celebrate diversity, equity, and inclusion, supporting your entire, unique self at work. First American is committed to being an inclusive workplace for all. You are encouraged to bring your whole self to work. We are an equal opportunity employer.

Note: The following applies only to candidates working in unincorporated areas of Los Angeles County: First American considers all qualified applicants, including those with arrest or conviction records, consistent with applicable laws.

We conduct criminal history reviews before employment in certain roles, especially where handling confidential information, managing financial transactions, or meeting customer requirements is involved.

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