Commercial Evaluations Analyst - Remote Opportunity

First American; Town of Texas (WI); Remote; USD 60,000 - 80,000; Full time

Job summary

An established industry player is seeking a detail-oriented Analyst to join their team. This role involves analyzing property data, conducting market evaluations, and preparing comprehensive reports. You will collaborate with experienced team members to enhance your skills while contributing to impactful projects. The company fosters a people-first culture, emphasizing diversity and inclusion, making it an ideal workplace for those looking to grow professionally. If you have a passion for real estate and a knack for analysis, this opportunity is perfect for you.

Benefits

Medical Insurance

Dental Insurance

Vision Insurance

401k

Paid Time Off

Employee Stock Purchase Plan

Qualifications

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

Responsibilities

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

Skills

Analytical Skills

Communication Skills

Organizational Skills

Problem-Solving Skills

Decision-Making Skills

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 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 have a solid understanding 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 provided by Assessor's websites/telephoning offices; input information into report electronically to determine errors and 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 in addition to what is presented by the database (CoStar, Loopnet, etc.), including but not limited to; inappropriate deed types, non-arms-length transactions, multiple parcel sale transactions, and multiple use property types. Receives assistance from senior analysts or managers.
4. Recommend adjustments for fields including condition, quality, age, effective age, LTB ratio, sale date, sale condition, etc. Typically requires assistance from leads for these adjustments.
5. Recommend weighting of comparables to send a value estimate for review and approval.
6. With significant direction and assistance, complete an income approach and/or land evaluation.

What You'll Bring

1. Bachelor's Degree
2. Typically has 2-5 years of experience in real estate with a real estate/lender or appraisal firm
3. Understanding of fundamental concepts, practices, and procedures of commercial evaluation
4. Excellent verbal and written communication skills
5. Strong organizational skills with the ability to multi-task, prioritize, and work under pressure
6. Excellent problem-solving, independent decision-making, and analytical skills
7. Proficient with Microsoft Office

Salary Range: $22.80 - $30.38 Hourly

This hiring range is a reasonable estimate of the base pay range at the time of posting. Pay is based on factors including job-related knowledge, skills, experience, business requirements, and geographic location.

What We Offer

By choice, we don't simply accept individuality - we embrace it, support it, and thrive on it! Our People First Culture celebrates diversity, equity, and inclusion because it's the key to our success. We foster an authentic and inclusive workplace for all. You are encouraged to bring your entire, unique self to work. First American is an equal opportunity employer in every sense of the term.

**Note for candidates in unincorporated areas within Los Angeles County:**

First American will consider 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 will conduct a review of criminal history in connection with a conditional offer, considering whether a criminal history might adversely affect job duties such as handling confidential information, facilitating financial transactions, or meeting customer requirements.

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