Commercial Evaluations Analyst - Remote Opportunity

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

Job summary

A forward-thinking company is seeking a detail-oriented analyst to join their Mortgage Solutions team. This role involves analyzing commercial evaluation reports and utilizing databases to assess property values. You will work closely with experienced team members to ensure accurate evaluations and recommendations. The company prides itself on its inclusive culture and commitment to diversity, offering a supportive environment where you can thrive. If you have a passion for real estate and a knack for problem-solving, 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 firm.
• Understanding of commercial evaluation concepts and procedures.

Responsibilities

• Analyze subject property characteristics and input data into reports.
• Conduct searches for comparable sales to estimate market value.

Skills

Verbal Communication

Written Communication

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, 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 for being a best place to work for women, diversity, and LGBTQ+ employees, and are featured on over 50 regional best places to work lists. For more information, visit www.careers.firstam.com.

What We Do

Our 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 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, check for errors, and identify if additional information is needed.
2. Conduct searches for comparable sales using the Sales Comparison Approach to estimate the market value of the 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 uses. Receive assistance from senior analysts or managers.
4. Recommend adjustments for factors such as condition, quality, age, sale date, and sale condition. Typically need assistance from leads for these adjustments.
5. Recommend weighting of comparables for a value estimate to be sent for review and approval.
6. With guidance, complete income approach 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, practices, and procedures of commercial evaluation
• Excellent verbal and written communication skills
• Strong organizational skills 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 at the time of posting and may vary based on experience, skills, and location.

What We Offer

We embrace individuality and support diversity, equity, and inclusion, which are key to our success. We foster an authentic and inclusive workplace where you can bring your entire, unique self to work. First American is an equal opportunity employer.

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

We consider all qualified applicants, including those with arrest or conviction records, in accordance with applicable laws. We conduct criminal history reviews in connection with offers, particularly if the history may impact job duties such as handling confidential information, financial transactions, or meeting 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.