Member type: Any
Employment type: Permanent Full Time
Salary range: $70,000 - 84,000
Contact Name: Selma Bajric
Website: View Website
Contact City: Toronto
Contact Province: Ontario
Contact Email: selma.bajric@cbre
Prepares market value appraisals on real estate assets with supervision and oversight, training and mentoring by supervisory Appraiser or Manager. Emphasis is on institutional quality assets. Assists the Director of Toronto Industrial group in the preparation of real estate appraisal reports, including data and market analysis, operating budget review, etc.
Confirms data, conducts discussions with market participants, and performs additional research as necessary.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Prepares and completes analysis and research on appraisal assignments.
Prepares written market value reports from cover to cover with substantial analytical guidance of a senior appraiser.
Examines and analyzes income producing properties and writes an analysis based on market comparisons.
Researches market area and analyzes current transactions and how they compare to the subject property.
Completes a comparative analysis based on sales of similar properties.
Analyzes past revenue and expense performance to project a stabilized operating statement.
Utilize Argus (discounted cash flow software) and 3rd party databases to compile data for appraisal report.
Other duties may be assigned
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 and/or a minimum 1-2 years experience with an appraisal firm or with financial underwriting experience.
CERTIFICATES and/or LICENSES
AIC Candidate is an asset
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.
Requires average knowledge of financial real estate terms and principles. Basic understanding of approaches to value of real estate assets.
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/or ABILITIES
Advanced skills in Microsoft Word and Excel. Proficiency in Argus. Strong writing skills