Commercial Evaluations Analyst - Remote Opportunity

First American Financial Corp.; Irving (TX); Remote; Full time

Job summary

A leading company in the mortgage solutions sector seeks a Commercial Evaluation Analyst to analyze property evaluations and comparable sales. The role requires strong analytical skills and a Bachelor's degree, with a focus on collaboration and problem-solving. The company values diversity and offers a supportive environment.

Benefits

Medical Insurance

Dental Insurance

Vision Insurance

401k

PTO

Sick Leave

Employee Stock Purchase Plan

Qualifications

• Typically 2-5 years of experience in real estate with a real estate/lender or appraisal firm.
• Understanding of fundamental concepts, practices, and procedures of commercial evaluation.

Responsibilities

• Analyze information on the subject property’s physical characteristics.
• Conduct searches for comparable sales using the Sales Comparison Approach.
• Recommend adjustments for fields such as condition, quality, age.

Skills

Communication

Organizational Skills

Problem-Solving

Analytical Skills

Education

Bachelor's Degree

Tools

Microsoft Office

Job description

Who We Are

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 will 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 for the subject property, 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 the subject property’s physical characteristics from Assessor’s websites or by telephoning offices; input information into reports electronically, 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 subject property. May require assistance from senior analysts or leads.
3. Analyze comparable data beyond what is presented by the database (e.g., CoStar, Loopnet), including deed types, non-arms-length transactions, multiple parcel sales, and different property types. Assistance from senior analysts or managers may be needed.
4. Recommend adjustments for fields such as condition, quality, age, effective age, LTB ratio, sale date, sale condition, etc., often with guidance from leads.
5. Recommend weighting of comparables to produce a value estimate for review and approval.
6. With significant direction, complete income approach and/or land evaluation.

What You'll Bring

• Bachelor's Degree
• Typically 2-5 years of experience in real estate 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 hiring range is an estimate of the base pay at the time of posting. Pay is based on factors including knowledge, skills, experience, business needs, and location.

Note for candidates working in unincorporated areas within Los Angeles County:

First American will consider all qualified applicants, including those with arrest or conviction records, consistent with applicable laws.

First American will review criminal history in connection with a conditional offer, especially if it relates to handling confidential information, financial transactions, or meeting customer requirements.

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, inclusive workplace for all. You are encouraged to bring your full, unique self to work.

First American is an equal opportunity employer and offers a comprehensive benefits package including medical, dental, vision, 401k, PTO, sick leave, and other benefits like an employee stock purchase plan.