VAS - First Vice President
Location
Newport Beach, CA | United States
Job description
About The Role:
As a CBRE VAS First Vice President, you will independently prepare market value appraisals on real estate assets with review by a Managing Director or Senior MD. You'll prepare real estate appraisal reports from start to finish and perform detailed appraisal analysis to value real estate with the highest quality of work product. You will mentor trainees and develop new client relationships to sell your own work and for other appraisers nationwide.
What You'll Do:
- Research and analyze property information by collecting, verifying, and analyzing data regarding inventory of similar properties, sales and listings, vacancies and offerings, absorption rates, demand studies, social, economic, governmental, and environmental characteristics, restrictions, encumbrances, covenants, contracts, declarations, special assessments, ordinances, cost and depreciation, income/expense and capitalization rate, history of ownership, and use of the property.
- Identify value to be estimated by talking with client regarding appraisal request, problem to be solved, and scope of the project, such as, mortgage financing, insurance replacement cost calculation, estate valuation, tax appeals, equitable distribution, corporate employee relocation, investment, or sale.
- Determine valuation method by selecting approach and techniques for valuing property, i.e., cost, direct sales comparison, and income capitalization; identifying property characteristics and attributes.
- Prepare appraisal report by describing physical and economic property characteristics, appraisal procedures used, and information analyzed; disclosing extraordinary assumptions, and hypothetical and limiting conditions; presenting supportive reasoning.
- Sell a significant amount of work to be completed by self and others in the line of business.
- Contribute to overall organizational goals by adding to database, setting up a library, specializing in unique real estate markets, mentoring trainees, and engaging in client development.
- Maintain organization reputation by conforming to the Uniform Standards of Professional Appraisal Practice (USPAP); keeping information confidential.
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