Commercial Evaluations Analyst - Remote Opportunity

First American Financial; United States; Remote; USD 60,000 - 80,000; Full time

Job summary

Join a forward-thinking company that prioritizes people and fosters an inclusive environment. As a Commercial Evaluation Analyst, you will play a crucial role in analyzing property data and providing valuable insights to lenders. Your responsibilities will include conducting thorough market evaluations, utilizing advanced databases, and collaborating with experienced team members to ensure accurate and comprehensive reports. This position not only offers a chance to grow your skills in real estate evaluation but also to contribute to a company recognized for its commitment to diversity and employee well-being. If you are passionate about real estate and eager to make an impact, this is the opportunity for you.

Benefits

Medical Insurance

Dental Insurance

Vision Insurance

401k

Paid Time Off

Paid 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 recommend adjustments.
• Conduct searches for comparable sales and estimate market value.

Skills

Verbal Communication

Written Communication

Organizational Skills

Analytical Skills

Problem Solving

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

Primary responsibility is to fulfill Commercial Evaluation Reports requested through the system. Analysts will utilize algorithms and analyze results retrieved 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 property. Analysts 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 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; using the Sales Comparison Approach, estimate market value for the subject property. 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 in order for a value estimate to be sent to the reviewer for 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. Understands 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 for this position at the time of posting. Pay is based on a number of factors which may include job-related knowledge, skills, experience, business requirements, and geographic location.

What We Offer

We embrace diversity, equity, and inclusion, supporting your individuality and encouraging you to bring your whole self to work. Our People First Culture celebrates diversity and fosters an authentic and inclusive workplace for all. First American is an equal opportunity employer in every sense of the term.

**Note:** This statement applies only to candidates working from an unincorporated area within Los Angeles County.

First American will consider all qualified applicants, including those with arrest or conviction records, in accordance with applicable laws. We conduct a review of criminal history in connection with a conditional offer, especially if it may impact job duties such as handling confidential information, facilitating financial transactions, or meeting customer criminal history requirements.

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