Commercial Evaluations Analyst - Remote Opportunity

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

Job summary

Join a forward-thinking company that prioritizes its people and fosters a supportive and inclusive environment. As an analyst, you will play a crucial role in conducting commercial evaluations, utilizing your analytical skills to assess property values. This position offers the opportunity to work collaboratively with experienced team members while developing your expertise in real estate analysis. With a commitment to diversity and innovation, this organization provides a dynamic workplace where your contributions will be valued and recognized. If you are passionate about real estate and eager to grow in your career, this role is perfect for you.

Benefits

Medical Insurance

Dental Insurance

Vision Insurance

401k

Paid Time Off (PTO)

Sick Leave

Employee Stock Purchase Plan

Qualifications

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

Responsibilities

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

Skills

Verbal Communication

Written Communication

Organizational Skills

Analytical Skills

Problem-Solving

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 will 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 the property. Analysts are expected to complete searches for three comparable sales for the subject property, 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 or through contacting offices; input information into reports electronically, check for errors, and determine 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, including data from databases like CoStar, Loopnet, and others, considering factors like deed types, transaction types, and property use. Assistance from senior analysts or managers may be required.
4. Recommend adjustments for various fields such as condition, quality, age, sale date, etc., often with help from leads.
5. Recommend weighting of comparables for a value estimate to be sent for review and approval.
6. With guidance, complete income approach and/or land evaluation.

What You'll Bring

• Bachelor's Degree
• Typically 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, 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 hiring range is an estimate of the base pay at the time of posting. Compensation depends on factors like knowledge, skills, experience, and location.

What We Offer

We embrace individuality, support diversity, equity, and inclusion, and foster an authentic and inclusive workplace. You are encouraged to bring your entire, unique self to work. First American is an equal opportunity employer.

Note: For candidates working from an unincorporated area within Los Angeles County, additional considerations may apply.

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 job duties involving confidential information, financial transactions, or customer requirements.

Our benefits include medical, dental, vision, 401k, PTO, sick leave, and other benefits like an employee stock purchase plan.