Commercial Evaluations Analyst - Remote Opportunity

First American; Vermont; Remote; USD 80,000 - 100,000; Full time

Job summary

Join a forward-thinking company that prioritizes its people and fosters an inclusive environment. As part of a dedicated team, you will analyze commercial properties, utilizing your expertise to provide accurate evaluations. This role offers the opportunity to grow within a respected organization that values diversity and innovation. You will be supported by experienced colleagues as you navigate the complexities of real estate analysis. If you are passionate about making a difference in a collaborative workplace, this position 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 firm.
• 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

Communication Skills

Organizational Skills

Problem-Solving Skills

Analytical 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 believed in its people, fostering 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. 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 or 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 the database (e.g., CoStar, Loopnet), including deed types, non-arms-length transactions, multiple parcel sales, and multiple-use 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. Usually requires assistance from leads for these adjustments.
5. Recommend weighting of comparables for a value estimate to be sent for review and approval.
6. With significant direction and assistance, 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, independent 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 the time of posting. Pay is based on factors including job-related knowledge, skills, experience, business requirements, and geographic location.

What We Offer

We embrace individuality and support diversity, equity, and inclusion as key to our success. Our People First Culture celebrates and fosters 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.

Note for candidates in unincorporated areas within Los Angeles County:

First American considers all qualified applicants, including those with arrest or conviction records, consistent with applicable laws such as the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act.

We conduct a review of criminal history in connection with a conditional offer, based on whether a criminal history may adversely affect job duties such as handling confidential information, facilitating financial transactions, or meeting customer requirements.

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