Commercial Evaluations Analyst - Remote Opportunity

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

Job summary

Join a forward-thinking company that values its people and fosters an inclusive work environment. As a Commercial Evaluation Analyst, you will play a crucial role in analyzing property values and preparing detailed reports for lenders. With a focus on collaboration and support, you'll utilize commercial databases and your analytical skills to provide insights that drive decision-making. This position offers an opportunity to grow within a respected organization known for its commitment to diversity and employee well-being. If you are passionate about real estate and ready to make a difference, this is the perfect opportunity for you.

Benefits

Medical Insurance

Dental Insurance

Vision Insurance

401k Plan

Paid Time Off

Sick Leave

Employee Stock Purchase Plan

Qualifications

• 2-5 years of experience in real estate or appraisal.
• Understanding of commercial evaluation concepts.

Responsibilities

• Conduct searches for comparable sales and analyze data.
• Prepare Commercial Evaluation Reports for lenders.

Skills

Real Estate Analysis

Communication Skills

Organizational Skills

Problem-Solving Skills

Microsoft Office Proficiency

Education

Bachelor's Degree

Tools

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, fostering 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 received 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 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 properties. 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 from Assessor's websites or by telephoning offices; input data into reports to identify errors or need for additional information.
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 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, sale date, etc., often with guidance from leads.
5. Recommend weighting of comparables for value estimation, subject to review and approval.
6. With significant guidance, complete income approach and/or land evaluation.

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 of commercial evaluation
• Excellent verbal and written communication skills
• Strong organizational skills; ability to multitask 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 of the base pay at the time of posting and may vary based on factors like experience, skills, and location.

What We Offer

We embrace individuality and support diversity, equity, and inclusion, recognizing it as key to our success. Our People First Culture celebrates and fosters an authentic, inclusive workplace where you can bring your whole self to work. First American is an equal opportunity employer.

** Note for candidates working from unincorporated areas within Los Angeles County: **

First American considers all qualified applicants, including those with arrest or conviction records, consistent with applicable laws. We may review criminal history in connection with a conditional offer, especially if it relates to handling confidential information, financial transactions, or customer requirements.

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