Valuation Appraisal Associate
Newmark
Valuation Associate
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 include:
- Aggregation, analysis, interpretation, and reporting of complex appraisal related market data through internal and outside sources.
- Collection and initial analysis of specific property information including but not limited to leases, rent rolls and financial statements.
- Inspecting 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.
- Developing skills through the guidance of senior staff members to complete the valuation sections of the appraisal reports including the highest and best use analysis.
- Preparing complete appraisal reports under the direct supervision of state certified general appraisers.
- Participating with senior staff members in completing formal rebuttal or review response letters.
- Participating in client meetings.
- Participating in coursework of 2 to 4 classes to obtain state appraisal license.
- Maintaining knowledge of current government regulations, zoning laws and appraisal standards.
- Understanding all necessary software programs used within the department.
- Maintaining 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.
Working conditions: Normal working conditions with the absence of disagreeable elements.
Newmark is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law.
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