Commercial Evaluations Analyst - Remote Opportunity

First American; Nevada (IA); Remote; USD 60,000 - 80,000; Full time

Job summary

Join an innovative team that prioritizes its people! This role involves analyzing commercial evaluation reports and utilizing data to determine property values. You will work closely with experienced analysts to conduct thorough market research and make informed recommendations. This dynamic position offers the opportunity to grow within a supportive environment that values diversity and inclusion. Be part of a culture that celebrates individuality and empowers you to bring your authentic self to work. If you are passionate about real estate and ready to make an impact, this role is perfect for you.

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 firm.
• Understanding of commercial evaluation concepts and procedures.

Responsibilities

• Analyze property characteristics and input data accurately.
• Conduct searches for comparable sales and estimate market value.
• Recommend adjustments for various factors affecting property value.

Skills

Real Estate Analysis

Communication Skills

Organizational Skills

Problem-Solving Skills

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 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. 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 based on task complexity. Work is reviewed before being sent to the lender.

What You'll Do

1. Analyze information on subject property characteristics from Assessor's websites or by telephoning offices; input information electronically, check for errors, and identify if additional information is needed.
2. Conduct a search for comparable sales; estimate market value using the Sales Comparison Approach, possibly with assistance from senior analysts or leads.
3. Analyze comparable data, including but not limited to deed types, transaction types, and property types, with assistance from senior analysts or managers as needed.
4. Recommend adjustments for factors like condition, quality, age, sale date, etc., often requiring guidance from leads.
5. Recommend weighting of comparables for the value estimate to be sent for review.
6. With guidance, complete income approach and/or land evaluation.

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 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 at the time of posting; pay depends on factors such as knowledge, skills, experience, business needs, 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. We foster an authentic and inclusive workplace for all. You are encouraged to bring your full, authentic self to work. First American is an equal opportunity employer.

Note for candidates in Los Angeles County unincorporated areas:

First American considers all qualified applicants, including those with arrest or conviction records, in accordance with applicable laws (e.g., Los Angeles County Fair Chance Ordinance, California Fair Chance Act).

We may review criminal history after a conditional offer, especially if it relates to handling confidential information, financial transactions, or customer requirements.

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