Senior Appraiser
Newmark · Portland
JOB DESCRIPTION (Senior Appraiser):
Appraises real estate properties independently for the purposes of dispute resolution, mortgage underwriting, acquisition/disposition, portfolio analysis, estate purposes and other intended uses.
ESSENTIAL DUTIES:
- Prepare complete appraisal reports independently on complex properties. Oversight of work includes collaboration with senior level staff as well as review of reports.
- Conduct complete appraisals, examining and evaluating commercial properties to establish market value.
- Make independent decisions and provide judgement in the development of the appraisal for complex properties.
- Inspect properties.
- Complete formal review responses with guidance if requested from senior staff members.
- Engage directly in client meetings.
- Complete formal rebuttal letters.
- Maintain knowledge of current government regulations, zoning laws and appraisal standards.
- Understand all necessary software programs used in the business.
- 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.
- Must have state appropriate Certified General Appraiser License.
- Minimum of 3 - 6 years professional experience as a Commercial Real Estate Appraiser.
- Must have experience and be skilled in writing appraisal and appraisal reviews of complex commercial properties.
- Solid understanding of real property valuation concepts, commercial real estate terminology, and property tax jurisdictional processes and procedures.
- Knowledge of Argus required.
- Strong analytical and writing skills.
- Strong communication skills, with both clients and market participants related to research.
- Strong organizational and multi-tasking skills.
Salary: $49,000 - $50,000 annually
The expected base salary for this position ranges from $49,000 to $50,000 annually. The actual base salary will be determined on an individualized basis taking into account a wide range of factors including, but not limited to, relevant skills, experience, education, and, where applicable, licenses or certifications held. In addition to base salary and a competitive benefits package, this position may be eligible for additional types of compensation including discretionary bonuses and other short- and long-term incentives (e.g., deferred cash, equity, etc.).
WORKING CONDITIONS: Normal working conditions with the absence of disagreeable elements
NOTE: The statements herein are intended to describe the general nature and level of work being performed by employees, and are not to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified.
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.
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the year ended December 31, 2023, Newmark generated revenues of approximately $2.5 billion. As of June 30, 2024, Newmark’s company-owned offices, together with its business partners, operate from approximately 170 offices with 7,800 professionals around the world. To learn more, visit nmrk.com or follow @newmark.