Valuation Associate
Researches and provides market information to senior appraisers as it relates to the appraisal assignment. Assists senior appraiser in the preparation of real estate appraisal reports, including entering data in the property database, taking photos of the subject and comparables, and driving the neighborhood.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Does preliminary research on a property including verification of comparables, demographics, market area analysis, etc.
Assists in preparing simple portions of an appraisal report.
Assists in examining and analyzing income producing properties.
Researches market area and attempts to determine what may impact the subject's value.
Assists in making comparison analysis based on sales of similar properties.
Analyzes past revenue and expense performance
May be trained to use Argus (cash flow software) as needed.
Other duties may be assigned
SUPERVISORY RESPONSIBILITIES
No formal supervisory responsibilities in this position.
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.
CERTIFICATES and/or LICENSES
None
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 basic knowledge of financial real estate terms and principles.
REASONING ABILITY
Ability to understand and carry out general instructions in standard situations. Ability to solve problems in standard situations. Requires intermediate analytical and quantitative skills.
OTHER SKILLS and ABILITIES
Basic skills in Microsoft Word and Excel. Good writing skills.
SCOPE OF RESPONSIBILITY
Decisions made with general 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 Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2019 revenue). The company has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
