Valuation Appraisal Associate

Newmark Group; Little Rock (AR); On-site; USD 42,000 - 62,000; Full time

Job summary

Newmark Group seeks a valued Valuation Associate in Little Rock, AR to support appraisal reporting for dispute resolution, mortgage underwriting, acquisitions, and portfolios. You will collect market data, analyze leases and financial statements, and assist in producing appraisal sections under supervision.

As you progress, you'll prepare full appraisal reports, participate in client discussions, and pursue state license coursework. Strong analytical and writing skills are essential.

Qualifications

• Bachelor's Degree in real estate or related subjects; MS/MBA in real estate preferred.
• 1–3 years of professional experience in real estate analysis, market research or related field.
• Knowledge of Argus is a plus.
• Strong analytical, writing and communication skills.
• Strong organizational and multi-tasking skills.

Responsibilities

• Aggregate, analyze, interpret, and report complex appraisal market data from internal and external sources.
• Collect and analyze leases, rent rolls, and financial statements.
• Inspect properties for valuation with guidance and independently as appropriate.
• Develop skills to write valuation sections of appraisal reports, including highest and best use analysis.
• Prepare complete appraisal reports under supervision of state certified general appraisers.
• Participate in client meetings and response letters as needed.
• Complete coursework to obtain state appraisal license (2–4 classes).
• Maintain knowledge of regulations, zoning laws, and appraisal standards.
• Be proficient with department software and data sources.

Skills

Real estate analysis

Market research

Argus

Analytical writing

Communication

Organization

Education

Bachelor's degree in real estate or related

MS or MBA in real estate

Tools

Argus

Job description

JOBDESCRIPTION (Valuation Associate):

Under supervision and oversight, prepares sections of the appraisal report for the purposes of dispute resolution, mortgage underwriting, acquisition/disposition, portfolio analysis and estatepurposes as well as other intended uses. Evolves into writing complete appraisal reports, with independent thinking to develop rational, supported assumptions and conclusions.

ESSENTIAL DUTIES:

• Responsible for the aggregation, analysis, interpretation, and reporting of complex appraisal related market data through internal and outside sources.
• Responsible for the collection and initial analysis of specific property information including but not limited to leases, rent rolls and financial statements.
• Inspect properties as part of the valuation process with senior staff member and will be able to inspect on own depending on knowledge of property type/market and on state and client requirements.
• Develop skills through the guidance of senior staff members to complete the valuation sections of the appraisal reports including the highest and best use analysis.
• Develop into preparing complete appraisal reports under the direct supervision of state certified general appraisers.
• Participate with senior staff members in completing formal rebuttal or review response letters.
• Participates in client meetings.
• Participate in coursework of 2 to 4 classes to obtain state appraisal license.
• Maintain knowledge of current government regulations, zoning laws and appraisal standards.
• Understands all necessary software programs used within the department.
• Maintain familiarity with necessary data sources.
• May perform other duties as assigned.

SKILLS, EDUCATIONAND 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
• Minimum 1-3 years professional experience in real estate analysis, market research or related field.
• Knowledge of Argus a plus.
• Strong analytical, writing and communication skills.
• 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.