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Appraises real estate properties independently for the purposes of dispute resolution, mortgage underwriting, acquisition/disposition, portfolio analysis, estate purposes and other intended uses.
Responsibilities
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.
- 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.
- Complete formal rebuttal letters.
- 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.
Qualifications
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 required.
- Strong analytical and writing skills.
- Strong communication skills, with both clients and market participants related to research.
- Strong organizational and multi-tasking skills.
Source: Newmark Career Page
