Real Estate Commercial Review Appraiser - Remote

Velocity Mortgage Capital; Scottsdale (AZ); Remote; USD 70,000 - 120,000; Full time

Benefits offered by this job

401(k) with matching contribution

Health insurance

Life insurance

Paid time off

Paid Holidays

Pet Insurance

Vision insurance

Flexible Spending Account (FSA)

Health Savings Account (HSA)

Job summary

Velocity Commercial Capital, LLC is seeking a full-time Review Appraiser. The role conducts comprehensive appraisal reviews for USPAP, FIRREA, and policy compliance, verifies property details, and performs cash flow analyses for commercial real estate.

The candidate should have a Certified General appraiser license with at least 5 years of experience, strong knowledge of commercial real estate, and excellent communication skills. Remote work is possible for residents in CA, FL, AZ, TX, NV and PA.

Qualifications

• Certified General appraiser license with minimum 5 years’ experience.
• Knowledge of commercial real estate and appraisal practice, USPAP and FIRREA guidelines.
• Excellent verbal and written communication, customer service, analytical, organizational and time-management skills.
• Professional, quick learner, initiative, detail-oriented with strong follow-through.
• Ability to manage multiple tasks and prioritize workflows.
• Strong skills in Work, Excel and Outlook.

Responsibilities

• Perform comprehensive appraisal reviews for USPAP, FIRREA and master credit policy compliance.
• Confirm property level details with data sources and public records to avoid overstating value.
• Cash flow analyses and income projections for commercial real estate.
• Communicate with vendors to resolve errors and valuation issues.
• Assist in qualification and documentation of third-party appraiser competencies.
• Coordinate with account executives, processors, underwriters and vendors; support Chief Appraiser.
• Provide professional customer service to internal and external clients.
• Maintain and expand list of approved appraisers nationwide.
• Monthly revaluations on existing impaired loans.
• Participate in special projects as assigned by the Chief Appraiser.

Skills

Certified General appraiser license

Commercial real estate knowledge

USPAP/FIRREA knowledge

Verbal and written communication

Analytical skills

Organizational and time-management

Excel

Outlook

Education

High school diploma or equivalent

Tools

Excel

Outlook

Job description

Velocity Commercial Capital, LLC is a wholly-owned subsidiary of Velocity Financial, Inc, an NYSE-listed public company. Velocity Commercial Capital is a real estate finance company founded in 2004 that primarily originates and manages investor loans secured by 1-4 unit residential rental and small commercial properties. Velocity Commercial Capital is seeking to hire a full-time Review Appraiser. This position is open to remote work for candidates residing in California, Florida, Arizona, Texas, Nevada and Pennsylvania.

A Real Estate Appraisal Analyst is accountable for various functions of real estate valuation for the company and is responsible in maintaining high levels of service and superior quality of the valuation process.

Duties and Responsibilities

• Upon receipt of the appraisal reports, performs comprehensive appraisal reviews for USPAP, FIRREA and master credit policy compliance
• Confirms property level details with data sources and public records to avoid overstating the market value
• Cash flow analyses and income projections for commercial real estate
• Requires knowledge base and communication skills to follow-up with vendors and appropriately resolve errors, discrepancies and valuation issues
• Assist the Appraisal Coordinator as applicable in the on-going qualification and documentation of third-party appraiser competencies, areas of coverage and limitations in RIMS
• Requires significant interaction with account executives, processors, underwriters and third-party appraisal venders. Pro-actively supports Chief Appraiser in administering exceptional appraisal services for the company
• Provides customer service to internal and external business customers in a professional and timely manner
• Responsible for maintaining and expanding list of approved appraisers nationwide
• Monthly revaluations on existing impaired loans
• Participates in special projects and performs additional duties as assigned by the Chief Appraiser

Required Skills and Experience

• Certified General appraiser license with a minimum of 5 years’ experience
• Must have excellent knowledge of commercial real estate and appraisal practice. Knowledge of USPAP and FIRREA guidelines and regulations pertaining to Real Estate Appraisals
• Excellent verbal and written communication, customer service, solid analytical skills, organizational and time-management skills
• Must be professional, a quick learner, take initiative, be detail-oriented and have excellent follow-through
• Ability to manage multiple tasks and prioritize workflows
• Must have strong skills in Work, Excel and Outlook

Education Requirements

• High school diploma or equivalent.

Benefits take effect on the first calendar day of the month following the hire date and include:

• 401(k) with matching contribution
• Health insurance
• Life insurance
• Paid time off
• Paid Holidays
• Pet Insurance
• Vision insurance
• Flexible Spending Account (FSA)
• Health Savings Account (HSA)

Velocity Mortgage Capital is an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.Know Your Rights