APPRAISER ANALYST III, COMMERCIAL VALUATIONS

Job Description

Job Description

SALARY: Starting at $70,040

SUMMARY: This position involves the valuation of commercial real estate for ad valorem purposes through the application of standard appraisal techniques, including sales comparison, income, and cost approaches.

DUTIES AND RESPONSIBILITIES: The duties of the l Appraiser Analyst III, Commercial Valuations may include, but are not limited to the following:

• Participate in the collection, analysis, and review of commercial property data located in Orange County, Florida.
• Identify problems, collect data, and establish facts regarding unusual value cases. Independently draw conclusions and recommendations consistent with office policies based on Florida Statutes and Florida Department of Revenue (DOR) guidelines.
• Demonstrate sound judgment and, with minimal supervision, independently solve potential value problems during Truth in Millage (TRIM) and Value Adjustment Board (VAB) periods.
• Analyze and reconstruct income and expense statements with adherence to confidentiality and non-disclosure obligations.
• Inspect, review, and reconcile property sales in compliance with DOR standards, as measured by the sales ratio analysis of the tax roll, and provide guidance/training/mentoring to LeveI I and II analysts in their sales review.
• Perform commercial real estate research, including comparable sales data, comparable income, and expense data, as well as market trends and market-derived overall capitalization rates data.
• Provide guidance/training/mentoring to Level I and II analysts in their research and analysis of market data, including operating statement analysis, overall cap rates, and comparable rent and sales analysis.
• Develop and perform necessary mass income and cost/market updates into the computer-assisted mass appraisal (CAMA) system and verify the accuracy and validity of resulting changes to the value.
• Provides guidance/training/mentoring to Level I and II analysts on mass income and cost market updates into the CAMA system.
• Review commercial property characteristics with owners, or their representatives; make value adjustments when warranted, and justify the changes. Provides guidance to Level I and II analysts on these conversations.
• Reviews and performs parcel splits and parcel combinations. Provide training and mentoring to Level I and II appraisers on this topic.
• Respond to citizens and other inquiries timely and accurately, while communicating the position of the property appraiser in a positive, uniform, and consistent manner. Provide guidance/training/mentoring to Level I and II analysts in these responses.
• Prepare supporting data and evidence packages for Value Adjustment Board (VAB) petition hearings for commercial properties with little or no supervision. Represents OCPA at VAB petition hearings, for commercial properties of all complexities, to explain and defend assessments. Provide guidance/training/mentoring to Level I and II analysts on the performance of these duties.
• Assemble supporting valuation and assessment data and appear as an expert witness or give testimony during litigation proceedings. Provide support in all stages of litigation.
• Conduct damage assessment in coordination with federal and state emergency management offices during the aftermath of declared disasters, such as hurricanes or tornadoes.
  • May be required to become an Emergency Responder for emergency damage assessment purposes.
  • May volunteer to staff the Emergency Operations Center (EOC) or Field Operations Center (FOC). Contingencies such as these may require after-hours or weekend duties.
• Meet all attendance and punctuality requirements by reporting for work consistently and on time in accordance with office policy.
• Performs other duties as assigned. Duties, responsibilities, and activities may change at any time with or without notice.

SUPERVISORY RESPONSIBILITIES: This position does not have direct reports but may have guidance and training responsibilities.

SKILLS AND QUALIFICATIONS:

• Years of experience required : Six (6) years of assessment experience are required in addition to the education requirements listed below.
• Education: Must hold a bachelor's degree in business or a comparable discipline or field from an accredited institution.
  • Substitution: High School Diploma or possession of GED Certificate and Six (6) years of experience as an appraiser in a government assessment office; or six years of experience as a private real estate appraiser; or an equivalent combination of education, training, and experience that would reasonably be expected to provide the job-specific competencies.
• Certificates, licenses, and registrations: Preference will be given to those licensed as a State-Certified General Real Estate Appraiser and/or designated as a Certified Florida Evaluator (CFE) by the DOR.
  • The professional designation of Certified Florida Evaluator (CFE) is required or must be obtained within a three-year period, given course availability. The employee is eligible to begin the CFE designation process following successful completion of the six-month introductory period and will be eligible for CFE incentive pay upon successful completion of the program, provided the employee has worked at OCPA for at least 2 years, unless approved by the Property Appraiser and the DOR.
• Computer skills required : Spreadsheet software (Excel); word processing software (Word); electronic mail software (Outlook); and presentation software (PowerPoint).
• Additional Skills required: Ability to rapidly acquire and retain knowledge of administrative and procedural regulations; proven attention to detail, reliability, and outstanding organizational skills; and ability to prioritize multiple projects under minimal supervision.
• Ability to read and interpret maps, blueprints, plats, and aerial photos.
• Ability to research and interpret terms of sales for qualification.
• Ability to render identifications and technical descriptions concerning structural features, construction methods, and quality of construction.
• Language Skills: Bilingual in English and Spanish preferred.