Commercial Evaluations Analyst - Remote Opportunity

First American; Orlando (FL); Remote; USD 60,000 - 80,000; Full time

Job summary

An established industry player is seeking a detail-oriented analyst to join their dynamic team. This role involves analyzing property data, conducting market evaluations, and preparing comprehensive reports to support lending decisions. The ideal candidate will possess strong analytical skills, effective communication abilities, and a solid understanding of real estate principles. Join a company that values diversity and inclusion, fostering a supportive environment for all employees. If you're passionate about real estate and eager to make a meaningful impact, this opportunity is 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 firms.
• 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 market factors.

Skills

Real Estate Analysis

Market Value Estimation

Communication Skills

Analytical Skills

Organizational Skills

Problem-Solving 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 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 search for comparable sales, analyze similar sales, and prepare comparisons using qualitative analysis to form an opinion of the market value of the property. They 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 information into reports electronically, check for errors, and identify if additional information is needed.
2. Conduct searches for comparable sales; using the Sales Comparison Approach, estimate market value for the subject property. May require assistance from senior analysts or leads.
3. Analyze comparable data beyond what is presented by the database (e.g., CoStar, Loopnet), including deed types, transaction types, multiple parcel sales, and property types. Assistance from senior analysts or managers may be needed.
4. Recommend adjustments for factors such as condition, quality, age, effective age, LTV ratio, sale date, and sale condition. Typically, assistance from leads is required for these adjustments.
5. Recommend weighting of comparables to arrive at a value estimate for review and approval.
6. With guidance, complete an 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 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 hiring range is an estimate of the base pay at posting time. Pay is based on factors including knowledge, skills, experience, business needs, and location.

What We Offer

We embrace individuality and support diversity, equity, and inclusion as key to our success. We foster an authentic and inclusive workplace for all. You are encouraged to bring your whole 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 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, considering its relevance to job duties such as handling confidential information, managing financial transactions, and meeting customer requirements.

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