Commercial Evaluations Analyst - Remote Opportunity

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

Job summary

Join a forward-thinking company that values its people and fosters an inclusive environment! As part of a dedicated team, you will analyze commercial properties, conduct market evaluations, and provide insights that drive decisions. This role combines analytical skills with real estate expertise, allowing you to make impactful recommendations. With a strong focus on diversity and employee well-being, this organization offers a supportive culture where you can thrive and grow. If you're passionate about real estate and eager to contribute to a collaborative team, 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.
• 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.
• Recommend adjustments for various property factors.

Skills

Real Estate Analysis

Market Value Estimation

Communication Skills

Problem-Solving

Analytical Skills

Organizational Skills

Education

Bachelor's Degree

Tools

Microsoft Office

CoStar

Loopnet

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 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 featured 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 are expected to complete searches for three comparable sales for the subject property, analyze various factors, and make recommendations or conclusions. Assistance from more experienced team members varies depending on the 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 electronically, check for errors, and determine if additional information is needed.
2. Conduct searches 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 beyond what is presented by databases (like CoStar, Loopnet), including deed types, non-arms-length transactions, multiple parcel sales, and different property types. Assistance from senior analysts or managers may be required.
4. Recommend adjustments for factors such as condition, quality, age, effective age, LTB ratio, sale date, and sale condition. Typically, assistance from leads is needed for these adjustments.
5. Recommend weighting of comparables for the 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, 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. Pay depends on factors like knowledge, skills, experience, business needs, and location.

What We Offer

We embrace individuality and support diversity, equity, and inclusion, which are key to our success. Our People First Culture celebrates and fosters an authentic and inclusive workplace for all. You are encouraged to bring your full, unique self to work. First American is an equal opportunity employer.

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

First American considers all qualified applicants, including those with arrest or conviction records, consistent 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 meeting 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.