Commercial Evaluations Analyst - Remote Opportunity

First American; Irving (TX); Remote; USD 60,000 - 80,000; Full time

Job summary

Join an innovative team that prioritizes people and fosters an inclusive culture! As a key player in the commercial evaluation process, you will analyze property data, conduct market research, and provide valuable insights to help shape property values. This role offers a unique opportunity to grow your skills in a supportive environment while contributing to a company recognized as one of the best places to work. If you are passionate about real estate and eager to make a difference, this position is perfect for you!

Benefits

Medical Insurance

Dental Insurance

Vision Insurance

401k Plan

Paid Time Off

Employee Stock Purchase Plan

Qualifications

• 2-5 years of experience in real estate or appraisal firm.
• 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 based on various property factors.

Skills

Analytical Skills

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 believed in its people. They are passionate about their work, and we foster an environment where everyone feels 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 received awards as a top place to work for women, diversity, and LGBTQ+ employees, and have been 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 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, possibly with assistance from senior analysts or leads.
3. Analyze comparable data, including but not limited to deed types, transaction nature, parcel sales, and property types, with assistance from senior analysts or managers.
4. Recommend adjustments for factors like condition, quality, age, effective age, LTB ratio, sale date, and sale condition, often needing guidance from leads.
5. Determine weighting of comparables for value estimation, submitting for review.
6. With guidance, complete income approach or land evaluation.

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, practices, and procedures of commercial evaluation
• Excellent communication skills, both verbal and written
• Strong organizational skills to multitask, prioritize, and work under pressure
• Analytical skills, problem-solving, and independent decision-making abilities
• 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, business needs, and location.

Note for candidates in unincorporated Los Angeles County areas:

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

We may review criminal history before employment, especially if it relates to duties like handling confidential info, managing financial transactions, or meeting customer requirements.

What We Offer

We embrace individuality and support diversity, equity, and inclusion as key to our success. Our workplace is authentic and inclusive. Bring your whole self to work! We are an equal opportunity employer and offer a benefits package including medical, dental, vision, 401k, PTO, and other benefits like an employee stock purchase plan.