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Company Description
Specialty Valuation Group (SVG) is one of the fastest growing and most unique appraisal firms in the country as we specialize in providing superior valuation services for special-use/special-purpose CRE assets throughout multiple regions in the United States. While our focus is on special-use commercial real estate valuation, we also appraise lesser complex property types too, including land, office, retail, industrial, multifamily, and almost all property sub-types. This is a great opportunity for an appraiser who has hit the “ceiling” at their current firm as we offer significant opportunities for advancement, with Managing Director roles available in multiple markets throughout the United States.
Role Description
This is a full-time remote role for a Commercial Real Estate Appraiser, with significant opportunities to grow your local office. The Certified General Appraiser will be responsible for carrying out daily duties related to commercial real estate appraisal, including writing appraisals, analyzing data, performing market research, and more. The Appraiser will also be responsible for upholding professional and ethical standards as established by regulatory bodies and industry organizations. This is a remote position, but the candidate must live within their coverage area and be able to complete property inspections.
Job Description:
- Independently prepares real property appraisals on real estate assets in their local market area.
- Prepares real estate appraisal reports from start to finish, including all appraiser responsibilities as well as performing detailed appraisal analysis in order to value real estate.
- May mentor trainees and/or develop new client relationships.
- Identifies value to be estimated by studying appraisal request, problem to be solved, and scope of the project, such as, mortgage financing, insurance replacement cost calculation, estate valuation, tax appeals, equitable distribution, corporate employee relocation, investment, or sale, identifying property characteristics.
- Determines valuation method by selecting approach and techniques for valuing property, i.e., cost, direct sales comparison, and income capitalization, identifying property characteristics and attributes.
- Researches and analyzes property information by collecting, verifying, and analyzing data regarding inventory of competitive properties, sales and listings, vacancies and offerings, absorption rates, demand studies, social, economic, governmental, and environmental characteristics, restrictions, encumbrances, covenants, contracts, declarations, special assessments, ordinances, cost and depreciation, income/expense and capitalization rate, history of ownership, and use of the property; conducting analyses and studies, e.g., land utilization, supply and demand, economic feasibility, highest and best use, marketability, development, litigation support; searching databases; inspecting property; interviewing people in a position to understand the property.
- Prepares appraisal report by describing physical and economic property characteristics, appraisal procedures used, and information analyzed; disclosing extraordinary assumptions, and hypothetical and limiting conditions; presenting supportive reasoning.
- Maintains organizational reputation by conforming to the Uniform Standards of Professional Appraisal Practice (USPAP); keeping information confidential.
- Updates job knowledge by tracking current real estate values and property development potential, including land use restrictions; participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations for the purpose of conducting accurate appraisals.
- Contributes to overall organizational goals by adding to database, specializing in niche real estate markets, mentoring trainees, and engaging in client development.
- Other duties may be assigned.
- No formal supervisory responsibilities in this position (appraiser); however, there are supervisory responsibilities for Managing Director positions.
- Provides informal assistance such as technical guidance, and/or training to coworkers.
Requirements:
- Bachelor’s degree (BA or BS) from four-year college or university required.
- Must have a State Certified General Appraiser License. (Required)
- A minimum of 3-5+ years commercial appraisal experience.
- Specific experience with special-use properties (i.e. gas stations, car washes, hospitality, etc.).
- MAI designation preferred, but not required.
- Excellent written and verbal communication skills.
- Strong organizational and analytical skills.
- Ability to provide efficient, timely, reliable, and courteous service to customers.
- Ability to effectively present information.
- Requires average knowledge of financial real estate terms and principles.
- Complete understanding of approaches to value of real estate assets.
- Ability to comprehend, analyze, and interpret complex documents.
- Ability to solve problems involving several options in situations.
- Requires advanced analytical and quantitative skills.
- Must be proficient in MS Word and MS Excel. Experience with Argus is preferred.
- Decisions made with thorough understanding of procedures, company policies, and business practices to achieve general results and deadlines.
- Responsible for setting and meeting project deadlines.
Compensation:
In addition to a great compensation package and extremely competitive production splits, Specialty Valuation Group offers employees:
- Company Matching 401 (k) Retirement Program
- Healthcare Insurance Program (Including Vision & Dental)
- Ability to work remotely
- Back-office support and training
- IT Managed Team
- Professional and business development assistance
- Access to national data services
- Significant opportunity for advancement, with Director and Managing Director positions available in multiple markets.
Seniority level
Seniority level
Mid-Senior level
Employment type
Job function
Job function
Sales and Management
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