Commercial Evaluations Analyst - Remote Opportunity

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

Job summary

Join a forward-thinking company that values its people and fosters a culture of inclusivity and support. As part of a dynamic team, you will play a crucial role in providing commercial evaluation reports, utilizing analytical skills to assess property values. This position offers the opportunity to work closely with experienced analysts, enhancing your expertise in the real estate field. With a commitment to diversity and a comprehensive benefits package, this role is perfect for those looking to grow in a supportive environment while making a significant impact in the industry.

Benefits

Medical Insurance

Dental Insurance

Vision Insurance

401k

Paid Time Off

Sick Leave

Employee Stock Purchase Plan

Qualifications

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

Responsibilities

• Analyze property characteristics and market data.
• Conduct searches for comparable sales and estimate market value.

Skills

Real Estate Analysis

Communication Skills

Organizational Skills

Problem-Solving

Analytical Skills

Education

Bachelor's Degree

Tools

Microsoft Office

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 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 featured 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 the property. Analysts are expected to complete searches for three comparable sales, analyze various factors, and make recommendations or 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 information into reports, check for errors, and identify if additional information is needed.
2. Conduct searches for comparable sales using the Sales Comparison Approach; estimate market value for the subject property. May require assistance from senior analysts or leads.
3. Analyze comparable data beyond what is presented by databases (e.g., CoStar, LoopNet), including deed types, transaction types, and property use. Assistance from senior analysts or managers may be needed.
4. Recommend adjustments for factors such as condition, quality, age, sale date, and sale condition. Usually requires guidance from leads.
5. Recommend weighting of comparables for a value estimate to be sent for review.
6. With guidance, complete income approach or land evaluation as needed.

What You'll Bring

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

What We Offer

We embrace individuality and support diversity, equity, and inclusion. Our People First Culture celebrates what makes each of us unique. You are encouraged to bring your whole self to work. First American is an equal opportunity employer.

Note for candidates in unincorporated areas of Los Angeles County:

First American considers all qualified applicants, including those with arrest or conviction records, consistent with applicable laws. We conduct criminal history reviews in connection with offers of employment, especially for roles involving confidential information, financial transactions, or customer requirements.

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