Valuation Appraisal Associate Full Time

Under supervision and oversight, prepares sections of the appraisal report for the purposes of dispute resolution, mortgage underwriting, acquisition/disposition, portfolio analysis and estate purposes 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, 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
• 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.

Source: Newmark Career Page