Commercial Evaluations Analyst - Remote Opportunity

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

Job summary

An established industry player seeks a detail-oriented analyst to join their dynamic team. This role focuses on conducting thorough commercial evaluations, utilizing advanced analytical skills to assess property values based on comparable sales. The ideal candidate will thrive in a fast-paced environment, leveraging their real estate expertise and communication skills to deliver accurate reports. With a commitment to diversity and inclusion, this organization fosters a supportive workplace where every team member is empowered to succeed. If you're ready to make an impact in the real estate sector, this opportunity is perfect for you.

Benefits

Medical Insurance

Dental Insurance

Vision Insurance

401k

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 comparable sales.
• Estimate market value using the Sales Comparison Approach.
• Recommend adjustments for value estimates.

Skills

Real Estate Analysis

Communication Skills

Organizational Skills

Problem-Solving

Analytical Skills

Education

Bachelor's Degree

Tools

Microsoft Office

CoStar

Loopnet

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 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 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 provided by Assessor's websites/telephoning offices; input information into report electronically to determine errors and if additional information is needed.
2. Conduct a search for comparable sales; estimate market value for the subject property using the Sales Comparison Approach. May need assistance from senior analysts or leads.
3. Analyze comparable data in addition to what is presented by databases (e.g., CoStar, Loopnet), including deed types, transaction types, parcel sales, and property types. Assistance from senior analysts or managers may be required.
4. Recommend adjustments for fields such as condition, quality, age, effective age, LTB ratio, sale date, and sale condition, often requiring assistance from leads.
5. Recommend weighting of comparables for a value estimate to be sent for review.
6. With guidance, complete an income approach and/or land evaluation.

What You'll Bring

• Bachelor's Degree
• 2-5 years of experience in real estate 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 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 range is an estimate of the base pay at the time of posting and may vary based on factors such as experience, knowledge, skills, and location.

What We Offer

We embrace individuality and support diversity, equity, and inclusion as key to our success. Our culture celebrates authenticity and inclusivity, encouraging you to 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 will consider all qualified applicants including those with arrest or conviction records, in accordance with applicable laws. Employment decisions will consider criminal history in relation to job duties such as handling confidential information, financial transactions, and customer requirements.

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