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Newmark

Valuation Ops Analyst

Posted 2 Days Ago
Be an Early Applicant
In-Office
New York, NY, USA
55K-60K Annually
Expert/Leader
In-Office
New York, NY, USA
55K-60K Annually
Expert/Leader
The Review Appraiser conducts independent quality reviews of appraisal reports, ensuring compliance with standards, accuracy, and effective communication with clients and staff.
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JOB DESCRIPTION (Reviewer):

The Review Appraiser will be a member of our Quality Control team and provide independent quality control reviews of individual appraisal reports within a specified region.  The reviewer will communicate findings, request revisions, and mentor staff appraisers to elevate report quality and efficiency.

Responsibilities

ESSENTIAL DUTIES:

  • Complete review of the report for USPAP content, typos, mathematical calculations, theory, consistency, support, and reasonableness of all assumptions and values. 

  • Our formats are designed to focus on answering the question of “why” and what factors impact value and “how”.  All boilerplate writing and generic statements should not be included.

  • Confirm any changes in value, and reasons for those changes, from previous reports

  • Confirm correct state licensing and disclosure of significant professional assistance for any assignment participants

  • Review of Engagement Letter for compliance and verification of Client requirements, including ensuring that the appropriate client designated appraisers sign the appraisal reports and inspected the property if appropriate.

  • Review of Argus or Rockport VAL model or print outs.

Qualifications

SKILLS ANDEXPERIENCE:

  • 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 of 15 years professional experience in the Commercial Real Estate Appraisal industry. MAI designation required 

  • Must have, or can obtain, appropriate State Certified General Appraiser Credentials in the States to be covered.

  • Solid understanding of real property valuation concepts, commercial real estate terminology, USPAP, FIRREA, and property tax jurisdictional processes and procedures.

  • Knowledge of Argus required.  Knowledge of Rockport VAL preferred.

  • Strong analytical and writing skills.

  • Strong communication skills, including with clients. 

  • Strong organizational and multi-tasking skills.

 

WORKING CONDITIONSNormal working conditions with the absence of disagreeable elements.

Salary Range Language: 

The expected base salary for this position ranges from $55,000 to $60,000 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 (including health, vision, and dental insurance, paid time off and a 401(k) retirement plan with employer matching), 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.).

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.

Top Skills

Argus
Rockport Val
HQ

Newmark New York, New York, USA Office

125 Park Ave, New York, New York, United States, 10017 5529

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