Commercial Evaluations Analyst - Remote Opportunity

First American; Maine; Remote; USD 80,000 - 100,000; Full time

Job summary

Join a forward-thinking company that prioritizes its people and fosters an inclusive culture. As a Commercial Evaluation Analyst, you will play a crucial role in analyzing property values through comprehensive evaluations and market comparisons. This position offers the opportunity to work collaboratively with experienced team members, enhancing your skills in real estate analysis and decision-making. With a strong commitment to diversity and inclusion, this organization is recognized as a top employer, providing a supportive environment where you can thrive. If you are passionate about real estate and eager 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 and procedures.

Responsibilities

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

Skills

Real Estate Analysis

Communication Skills

Organizational Skills

Problem-Solving Skills

Analytical Skills

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, 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 are also recognized as a top place to work for women, diversity, and LGBTQ+ employees, and have been included 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 properties. They complete searches for three comparable sales, analyze various factors, and make recommendations or present 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 physical characteristics from Assessor's websites or by telephoning offices; input information into reports to identify errors and determine if additional information is needed.
2. Conduct searches for comparable sales; use the Sales Comparison Approach to estimate market value for the subject property, with assistance from senior analysts or leads as needed.
3. Analyze comparable data beyond what is presented by databases (e.g., CoStar, Loopnet), including deed types, transaction types, and property use, with assistance as required.
4. Recommend adjustments for factors such as condition, quality, age, sale date, etc., typically with help from leads.
5. Recommend weighting of comparables for value estimation to be reviewed and approved.
6. With guidance, complete income approach or land evaluations 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
• 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 and may vary based on experience, skills, location, and other factors.

What We Offer

We embrace individuality and support diversity, equity, and inclusion, which are key to our success. Our culture encourages you to bring your whole self to work. First American is an equal opportunity employer.

** Note for candidates working in unincorporated areas of Los Angeles County: **

First American considers all qualified applicants, including those with arrest or conviction records, in accordance with applicable laws. We conduct criminal history reviews only when relevant to the job duties, such as handling confidential information or financial transactions. Eligibility for employment includes a review process compliant with local laws.

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