Senior Appraiser

Newmark; Traverse City (MI); On-site; USD 70,000 - 120,000; Full time

Benefits offered by this job

Industry-leading Parental Leave Policy

Bright Horizons back-up care program

Generous paid time off

Opportunities to network and connect

Job summary

Newmark is seeking a Senior Real Estate Appraiser to lead and complete complex valuations for commercial, industrial, multifamily, and specialty properties. You'll prepare USPAP-compliant reports for mortgage underwriting, acquisitions, dispositions, and portfolio analysis.

The role involves market research, income/cost approaches, defending conclusions to clients and lenders, and mentoring junior staff while ensuring regulatory compliance and QA/QC.

Qualifications

• Bachelor's degree in real estate or related field; MS/MBA in real estate preferred.
• Must hold state Certified General Appraiser License.
• 3–6 years of experience as a Commercial Real Estate Appraiser.
• Experience writing appraisal reports and reviews for complex properties.
• Strong knowledge of valuation concepts, CRE terminology, and tax processes.
• Knowledge of Argus is a plus.

Responsibilities

• Prepare complete appraisal reports for complex properties with senior staff oversight.
• Conduct market research and develop income, sales comparison, and cost approaches.
• Present and defend conclusions to clients, lenders, and counsel.
• Manage assignments, ensure QA/QC and regulatory compliance.
• Mentor junior staff and support proposals and business development.
• Maintain knowledge of regulations and appraisal standards.

Skills

Real estate appraisal

Analytical skills

Writing skills

Client communication

Research

Education

Bachelor's degree in real estate/economics/finance

Certified General Appraiser License

MS/MBA in real estate (preferred)

Tools

Argus

MS Office

Job description

Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries ("Newmark"), is a world leading commercial real estate advisor and service provider to large institutional investors and other owners, global corporations and other occupiers, and lenders. Built with purpose and driven by excellence, Newmark's comprehensive platform is uniquely tailored to provide superior outcomes to clients. For the twelve months ended June 30, 2026, Newmark generated revenues of more than $3.6 billion. As of June 30, 2026, Newmark and its business partners together operated from over 195 offices with more than 10,000 professionals across four continents. Learn more at nmrk.com or follow @newmark.

Discussion of Forward-Looking Statements about Newmark

Statements in this document regarding Newmark that are not historical facts are "forward-looking statements" that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company's business, results, financial position, liquidity, and outlook, which may constitute forward‑looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, Newmark undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark's Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.

Description:

Senior Real Estate Appraiser leads and completes complex commercial, industrial, multifamily, and specialty type valuations, from scope definition through delivery of USPAP-compliant reports for the purpose of mortgage underwriting, acquisition/disposition, portfolio analysis, financial reporting purposes, estate purposes, dispute resolution and other intended uses.

Senior Appraisers receive an annual base $50,000 draw against commissions payment (except in certain markets that are higher given min. wage requirements – i.e. NY, CA, WA – the specific states if min wage requirements are higher). Senior appraisers earn commission fees which are offset against the draw and based on completed valuation, advisory and related services multiplied by a competitive commission rate. A portion of such commissions may be paid in cash and a portion may be paid in the form of equity (which shall be subject to the terms of the applicable award documents).

In addition to the draw and commissions, this position is eligible to receive a competitive

Benefits and Perks:

• Industry-leading Parental Leave Policy (up to 16 weeks)
• Bright Horizons back-up care program
• Generous paid time off
• Opportunities to network and connect.

ESSENTIAL DUTIES:

• Prepare complete appraisal reports independently on complex properties. Oversight of work includes collaboration with senior level staff as well as review of reports.
• Conduct complete appraisals, examining and evaluating commercial properties to establish market value.
• This role conducts market and comparable research, develops income, sales comparison, and cost approaches, performs highest-and-best-use analyses, and presents and defends conclusions to clients, lenders, and counsel.
• The appraiser also manages assignments, ensures QA/QC and regulatory compliance, mentors junior staff, and supports proposals and business development.
• Make independent decisions and provide judgement in the development of the appraisal for complex properties.
• Inspect properties.
• Complete formal review responses with guidance if requested from senior staff members.
• Engage directly in client meetings.
• Maintain knowledge of current government regulations, zoning laws and appraisal standards.
• Understand all necessary software programs used in the business.
• Maintain familiarity with necessary data sources.
• May perform other duties as assigned.

SKILLS, EDUCATION AND EXPERIENCE:

• Bachelor's Degree, preferably in real estate or other related subjects such as economics and finance. Preference is given to MS or MBA in real estate.
• Must have state appropriate Certified General Appraiser License.
• Minimum of 3 - 6 years professional experience as a Commercial Real Estate Appraiser.
• Must have experience and be skilled in writing appraisal and appraisal reviews of complex commercial properties.
• Solid understanding of real property valuation concepts, commercial real estate terminology, and property tax jurisdictional processes and procedures.
• Knowledge of Argus preferred.
• Strong analytical and writing skills.
• Strong communication skills, with both clients and market participants related to research.
• Strong organizational and multi-tasking skills.

WORKING CONDITIONS: Normal working conditions with the absence of disagreeable elements.

NOTE: The statements herein are intended to describe the general nature and level of work being performed by employees and are not to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified.

Newmark is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law.