VAS Associate

CBRE; Philadelphia (Philadelphia County); On-site; USD 42,750 - 52,250; Full time

Benefits offered by this job

401(k)

Dental insurance

Health insurance

Life insurance

Vision insurance

Job summary

CBRE is looking for a VAS Associate based in Philadelphia. You will prepare market‑value appraisals for real estate with some guidance. The role involves preparing reports, conducting market analysis, and utilizing tools like Argus to compile data.

Ideal candidates will have a Bachelor's degree, and two years of relevant appraisal experience. Benefits include a base salary of $47,500 and comprehensive insurance options.

Qualifications

• Minimum of two years of related experience in commercial real estate appraising.
• State certification (Certified General Appraisal License) preferred.
• Average knowledge of financial real-estate terms and principles.
• Ability to comprehend, analyze, and interpret documents.
• Intermediate quantitative skills.

Responsibilities

• Complete market value reports with little analytical guidance.
• Prepare analysis and research for assigned appraisal reports.
• Examine and analyze income-producing properties based on market comparisons.
• Analyze past revenue and expense performance to project stabilized operating statements.

Skills

Written and verbal communication skills

Organizational skills

Analytical skills

Intermediate analytical skills

Microsoft Office Suite skills

Education

Bachelor's degree (BA/BS)

Tools

Argus (cash-flow software)

Job description

Overview

As a CBRE VAS Associate, you will prepare market‑value appraisals on real estate with minimal direction, training and mentoring by a senior appraiser or manager. You will prepare appraisal reports, enter data in the property database, take photos of the subject and comparables, drive the neighborhood, confirm data, conduct discussions with market participants and perform additional research as needed.

Responsibilities

• Complete market value reports from cover to cover with little analytical guidance from a senior appraiser.
• Prepare and complete analysis and research for simple properties assigned to an appraisal report. (To be reviewed by Sr. Real Estate Analyst/Managing Director)
• Apply Argus (cash‑flow software) and third‑party databases to compile data for appraisal reports.
• Examine and analyze simple income‑producing properties and write an analysis based on market comparisons.
• Make comparisons based on sales of similar properties with significant input from the Sr. Appraiser.
• Analyze past revenue and expense performance and project a stabilized operating statement.
• Other duties may be assigned.

Qualifications

• Bachelor’s degree (BA/BS) from a four‑year college or university.
• Minimum of two years of related experience and/or training in commercial real estate appraising. Advanced training in appraisal/valuation services is a plus.
• Right‑of‑way (ROW) appraisal experience preferred.
• State certification (Certified General Appraisal License) preferred.
• Excellent written and verbal communication skills, strong organizational and analytical skills, ability to provide efficient, timely, reliable, and courteous service to customers, and ability to present information.
• Average knowledge of financial real‑estate terms and principles; basic understanding of approaches to the value of real‑estate assets.
• Ability to comprehend, analyze, and interpret documents and solve problems involving several options.
• Intermediate analytical and quantitative skills.
• Intermediate skills in Microsoft Office Suite; good writing skills.
• Decision making with an understanding of procedures and company policies to achieve set results and timelines, responsible for setting own project timelines.

Benefits

Base salary of $47,500 annually with potential incentive compensation. Benefits include 401(k), dental, health, life and vision insurance.

Equal Employment Opportunity

CBRE is an equal‑opportunity employer that values diversity.