Commercial Evaluations Analyst - Remote Opportunity

First American; Oregon (IL); Remote; USD 60,000 - 80,000; Full time

Job summary

An established industry player is seeking a detail-oriented analyst to join their team. In this role, you will be responsible for conducting thorough evaluations of commercial properties, utilizing advanced databases to analyze market trends and comparable sales. Your insights will help shape market value opinions and support lenders in making informed decisions. This position offers a collaborative environment where your skills in real estate analysis and problem-solving will be valued. If you're passionate about making a difference in the real estate sector and thrive in a supportive culture, this opportunity 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.
• Understanding of commercial evaluation concepts.

Responsibilities

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

Skills

Real Estate Analysis

Communication Skills

Organizational Skills

Problem-Solving Skills

Analytical 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 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 utilize algorithms and analyze results from commercial databases to find comparable sales, analyze similar sales, and prepare comparisons using qualitative analysis to form a market value opinion of the property. Analysts should be able to complete a search for three comparable sales, analyze various factors, and make recommendations or conclusions. Assistance from 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 characteristics from Assessor's websites or by contacting offices; input data into reports, check for errors, and identify if additional information is needed.
2. Conduct a search for comparable sales using the Sales Comparison Approach to estimate market value. May require assistance from senior analysts or leads.
3. Analyze data from databases (e.g., CoStar, Loopnet), including deed types, transaction types, and property use, with assistance from senior analysts or managers.
4. Recommend adjustments for factors like condition, quality, age, sale date, and sale condition, often with help from leads.
5. Determine weighting of comparables for value estimation, to be reviewed by a supervisor.
6. With guidance, complete income approach or land evaluation.

What You'll Bring

• Bachelor's Degree
• 2-5 years of experience in real estate, preferably with a real estate/lender or appraisal firm
• Understanding of fundamental concepts and procedures of commercial evaluation
• Excellent 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 of the base pay, influenced by factors such as knowledge, skills, experience, and location.

What We Offer

We embrace individuality and support diversity, equity, and inclusion as key to our success. Our People First Culture celebrates these values and encourages you to bring your entire, authentic self to work. First American is an equal opportunity employer.

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

First American considers all qualified applicants, including those with criminal records, in accordance with applicable laws. We may review criminal history for employment decisions, especially where 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 such as an employee stock purchase plan.