Valuation Appraisal Associate

Newmark; Little Rock (AR); On-site; USD 55,000 - 85,000; Full time

Job summary

Newmark seeks a Valuation Associate to assist in preparing appraisal report sections for dispute resolution and underwriting. You will collect leases and financials, analyze market data, and assist in property inspections alongside senior staff.

With guidance, you will develop valuation techniques, HBUs, and progress toward full appraisal reporting under state-certified supervisors. Growth toward independent reporting is expected.

Qualifications

• Bachelor's degree in real estate or related fields; MS/MBA preferred.
• 1–3 years of real estate analysis or market research experience.
• Strong writing, analytical and communication abilities.
• Knowledge of real estate data sources and market fundamentals.

Responsibilities

• Prepare sections of appraisal reports under supervision for dispute resolution and underwriting.
• Aggregate, analyze, and report market data from internal and external sources.
• Collect leases, rent rolls, and financial statements for initial analysis.
• Inspect properties with senior staff and develop valuation analyses.
• Develop skills to draft complete appraisal reports and use state license guidance.

Skills

Analytical thinking

Writing skills

Communication skills

Organizational skills

Multi-tasking

Argus knowledge

Education

Bachelor's degree in real estate or related fields (economics/finance)

MS or MBA in real estate preferred

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.