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Commercial Evaluations Analyst - Remote Opportunity

First American

Wisconsin

Remote

USD 60,000 - 80,000

Full time

2 days ago
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Job summary

An established industry player is seeking dedicated analysts to join their team, where the focus is on conducting thorough commercial evaluations. As part of a supportive and inclusive culture, you will utilize advanced databases to analyze property data and provide valuable market insights. This role offers the chance to grow your skills in a collaborative environment, contributing to essential evaluations that help shape the real estate landscape. If you are passionate about real estate and eager to make a difference, 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.

Responsibilities

  • Analyze property characteristics and input data into reports.
  • Conduct searches for comparable sales and estimate market value.
  • Analyze data from commercial databases.

Skills

Real Estate Analysis
Communication Skills
Problem-Solving
Analytical Skills
Organizational Skills
Microsoft Office Proficiency

Education

Bachelor's Degree

Tools

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 believed in its people. They are passionate about their work, and we foster 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 been recognized as a top place to work for women, diversity, and LGBTQ+ employees, and featured on over 50 regional best places to work lists. First American strives to be a great place to work for everyone. 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 find comparable sales, analyze similar sales, and prepare comparisons using qualitative analysis to form market value opinions. They complete searches for three comparable sales, analyze various factors, and make recommendations or conclusions. Assistance from more experienced team members varies by task complexity. Work is reviewed before submission to the lender.

What You'll Do

  1. Analyze property characteristics from Assessor's websites or phone inquiries; input data into reports, check for errors, and determine if additional info is needed.
  2. Conduct searches for comparable sales; estimate market value using the Sales Comparison Approach, with possible assistance from senior analysts or leads.
  3. Analyze data from databases (e.g., CoStar, Loopnet), including deed types, transaction types, property use, etc., with assistance from senior analysts or managers.
  4. Recommend adjustments for condition, quality, age, sale date, etc., often with help from leads.
  5. Recommend weighting for comparables to support value estimates for review.
  6. With guidance, complete income approach or land evaluations.

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 commercial evaluation concepts and procedures
  • Excellent communication skills (verbal and written)
  • Strong organizational skills, ability to multitask and work under pressure
  • Problem-solving, decision-making, and analytical skills
  • Proficiency in Microsoft Office

Salary Range: $22.80 - $30.38 Hourly

This range is an estimate at the time of posting and depends on factors like knowledge, skills, experience, and location.

What We Offer

We embrace individuality, support diversity, equity, and inclusion, and foster an authentic and inclusive workplace. You are encouraged to bring your full, unique self to work. First American is an equal opportunity employer.

Note for candidates in Los Angeles County unincorporated areas:

First American considers all qualified applicants, including those with arrest or conviction records, consistent with applicable laws. We may review criminal history in relation to the position's duties, especially regarding handling confidential information, financial transactions, and customer requirements.

Eligible candidates will be offered a comprehensive benefits package, including medical, dental, vision, 401k, PTO, and other benefits like an employee stock purchase plan.

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