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As a CBRE VAS Associate, you will prepare market value appraisals on real estate with minimal direction and oversight, training, and mentoring by Senior Appraiser or Manager. You’ll prepare appraisal reports, including entering data in the property database, taking photos of the subject and comparables, and driving the neighborhood. You will confirm data, conduct discussions with market participants, and perform additional research as needed.
What You’ll Do:
- 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 3rd party databases to compile data for appraisal reports.
- Examine and analyze simple income-producing properties and write an analysis based on market comparisons.
- Make a comparison 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.
What You’ll Need:
To perform this job successfully, an individual will need to perform each crucial duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
- Bachelor’s degree (BA/BS) from a four-year college or university.
- Minimum of two plus years of related experience and/or training in Commercial Real Estate Appraising. Advanced training in Appraisal/Valuation Services is a plus.
- State Certification (Certified General Appraisal License) required.
- Excellent written and verbal communication skills. Strong organizational and analytical skills. Ability to provide efficient, timely, reliable, and courteous service to customers. Ability to present information.
- Requires 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. Ability to solve problems involving several options in situations. Requires intermediate analytical and quantitative skills.
- Intermediate skills in Microsoft Office Suite required. Good writing skills.
- Decisions made with an understanding of procedures and company policies to achieve set results and timelines. Responsible for setting own project timelines. Errors in judgment may have a short-term impact on co-workers and supervisors.
Source: CBRE Career Page
