Location
Los Angeles, CA, United States
Posted on
Mar 03, 2020
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THIS POSITION CAN SIT IN ANY MAJOR REGION IN THE US.
JOB SUMMARY
Prepares valuations for financial and tax reporting purposes including fee simple, leased fee and leasehold interests on real estate assets with limited supervision and oversight by supervisory Appraiser or Manager. Prepares real estate appraisal reports, including comparable research and transaction verification, visiting subject properties, confirming data, conducting discussions with market participants, analyzing and describing the subject properties, and writing reports.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Prepares written reports from cover to cover with minimal analytical guidance of a senior appraiser or manager.
Prepares and completes analysis and research for properties assigned into a full appraisal report. (To be reviewed by Managing Director)
Utilizes Argus (cash flow software) and 3rd party databases to compile data for appraisal report.
Utilizes Microsoft Word and Excel to complete the analysis. Must be proficient in both.
Examines and analyzes income producing properties and writes an analysis based on market comparisons.
Has knowledge and experience conducting all three approaches to value: cost, sales and income capitalization.
Analyzes past revenue and expense performance and projects a stabilized operating statement.
Other duties may be assigned
SUPERVISORY RESPONSIBILITIES
No formal supervisory responsibilities in this position. May provide informal assistance such as technical guidance, and/or training to coworkers. May coordinate and assign tasks to co-workers within a work unit and/or project.
QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential 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 the essential functions.
EDUCATION and EXPERIENCE
Bachelor's degree (BA/BS) from four-year college or university.
Minimum of three plus years of related experience and/or training in Commercial Real Estate Appraising.
Advanced training in Appraisal/Valuation Services is a plus.
Working on assignments involving valuations for financial and tax reporting is a strong plus.
CERTIFICATES and/or LICENSES
General Commercial State Certification desired.
Must be eligible to be an Appraiser Trainee at a minimum.
COMMUNICATION SKILLS
Excellent written and verbal communication skills.
Strong organizational and analytical skills.
Ability to provide efficient, timely, reliable and courteous service to customers.
Ability to effectively present information.
FINANCIAL KNOWLEDGE
Requires average knowledge of financial real estate terms and principles.
Basic understanding of approaches to value of real estate assets.
REASONING ABILITY
Ability to comprehend, analyze, and interpret documents.
Ability to solve problems involving several options in situations.
Requires intermediate analytical and quantitative skills.
OTHER SKILLS and ABILITIES
Proficient in Microsoft Office Suite required, especially Word and Excel.
Proficient in Argus Enterprise.
Good writing skills.
SCOPE OF RESPONSIBILITY
Decisions made with understanding of procedures and company policies to achieve set results and deadlines. Errors in judgment may cause short-term impact to co-workers and supervisor.
US Company Profile
About CBRE (NYSE: CBRE): At CBRE, you are empowered to take your career path into your own hands. Enjoy workplace flexibility in a global organization with tremendous scale. Work in an inclusive and collaborative environment with supportive teammates. Come experience the employee advantage at CBRE.
CBRE has a long-standing commitment to providing equal employment opportunity to all qualified applicants regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, pregnancy, age, citizenship, marital status, disability, veteran status, political belief, or any other basis protected by applicable law.
As a Fortune 500 worldwide leader in real estate services, CBRE’s more than 90,000 professionals provide exceptional outcomes for clients in over approximately 480 offices worldwide. When it comes to real estate, CBRE sees potential everywhere. We turn scale into strength, expense into performance, and property into prosperity. Visit cbre.us.
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