Senior Associate Appraiser

Cushman & Wakefield; Chicago (IL); On-site; USD 51,000 - 60,000; Full time

Job summary

Cushman & Wakefield seeks a Senior Associate Appraiser to join our Valuation & Advisory team in Chicago. Under supervision, you will complete assignments for commercial real estate valuation, including data collection, market research, highest and best use analysis, and cash flow estimation.

This 24-month Senior Associate Development Program guides you through milestones, with exposure to management and Quality Control.

Qualifications

• Bachelor’s degree required.
• State Trainee appraisal license or equivalent required.
• 0-2 years of experience appraising commercial real estate.
• Mastery of MS Office Suite (MS Word, Excel, Outlook/Teams, PowerPoint).
• Experience with Argus Enterprise or Rockport VAL a plus.

Responsibilities

• Complete assignments in commercial real estate valuation and consulting projects including data collection and market research.
• Analyze highest and best use scenarios, revenue/expense performance, and cash flows.
• Develop opinions of value using discounted cash flow models and comps.
• Support Senior Associate Development Program milestones and licensing pathway.

Skills

Analytical skills

Team collaboration

Problem solving

Communication skills

Attention to detail

Ability to interpret complex documents

Education

Bachelor’s degree

State Trainee appraisal license

Tools

Argus Enterprise

Rockport VAL

Job description

Job Title

Senior Associate Appraiser

Job Description Summary

Our Valuation & Advisory professionals have the privilege of working across the full spectrum of commercial real estate valuation. The diversity of our practice and the breadth of our client base allows our professionals to provide comprehensive real estate valuation services ranging from traditional appraisal reports, to market studies and feasibility analysis, and participation in multi-service line strategic consulting. Our mission is to develop our professionals, who are licensed and trained real estate appraisers, to fully engage in delivering best-in-class results to a dynamic client base across a full spectrum of real estate valuation services. We believe what we do matters and makes a difference. Respect for each other and our clients is at the forefront of our business. We believe in collaboration, connection and supporting one another. Our team is highly engaged and empowered to reach their fullest potential. If these values resonate with you, consider joining our team.

Job Description

Under direct supervision, the successful candidate will complete assignments in connection with commercial real estate valuation and consulting projects which may include data collection and market research, analyzing complex highest and best use scenarios, analyzing revenue and expense performance, estimating of cash flows utilizing discounted cash flow models, analyses of comparable sales, detailed cost analyses, and drawing market comparisons in developing opinions of value.

V&A’s Senior Associate Development Program (Senior ADP) is a 24-month program where Senior Associates work through established milestones or benchmarks. The program brings together senior appraisal professionals, our management and leadership team including our Quality Control team, and Senior Associate talent in a forum for two-way learning. The Senior ADP provides a structured, consistent framework centered around key benchmarks, goal setting, and periodic assessments. These benchmarks ensure that Senior Associates are both learning AND getting experience in all core appraisal and valuation capabilities toward becoming a licensed appraiser. At the end of the 24-month program, the Senior Associate will be required to have completed at least 75% of the required state licensing courses to sit for their Certified General exam in their home state, with the expectation that the State Certified General license will be obtained within 6-12 months following completion of the Senior Associate Development Program.

KEY COMPETENCIES

• Capable of thriving in a fast-paced environment
• Desire to collaborate in a team environment, sharing relevant information with colleagues and clients
• Proactively problem solve and remove obstacles that prohibit us from doing our best work
• Uphold the V&A standards of respect, responsiveness, and people first (colleagues and clients)
• Demonstrated ability to follow through and complete tasks
• Attentiveness, attention to detail, and strong analytical skills
• Ability to comprehend, analyze, and interpret complex documents
• Demonstrated ability to solve advanced and multifaceted problems
• Commitment to professional development and continual learning
• Excellent written and verbal communication and skills

EDUCATION AND EXPERIENCE

• Bachelor’s degree required
• State Trainee appraisal license or equivalent required
• 0-2 years of experience appraising commercial real estate
• Mastery of MS Office Suite (MS Word, Excel, Outlook/Teams, PowerPoint)
• Experience with Argus Enterprise or Rockport VAL a plus

Cushman & Wakefield also provides eligible employees with an opportunity to enroll in a variety of benefit programs, generally including health, vision, and dental insurance, flexible spending accounts, health savings accounts, retirement savings plans, life, and disability insurance programs, and paid and unpaid time away from work. In addition to a comprehensive benefits package, Cushman and Wakefield provide eligible employees with competitive pay, which may vary depending on eligibility factors such as geographic location, date of hire, total hours worked, job type, business line, and applicability of collective bargaining agreements.

The compensation that will be offered to the successful candidate will depend on factors such as whether the position is covered by a collective bargaining agreement, the geographic area in which the work will be performed, market pay rates in that area, and the candidate’s experience and qualifications.

The company will not pay less than minimum wage for this role.

The compensation for the position is: $ 51,000.00 - $60,000.00

Cushman & Wakefield is an Equal Opportunity employer to all protected groups, including protected veterans and individuals with disabilities. Discrimination of any type will not be tolerated.

In compliance with the Americans with Disabilities Act Amendments Act (ADAAA), if you have a disability and would like to request an accommodation in order to apply for a position at Cushman & Wakefield, please call the ADA line at 1-888-365-5406 or email [e-mail]. Please refer to the job title and job location when you contact us.

INCO: “Cushman & Wakefield”