Commercial Real Estate Appraiser

Commercial Real Estate Appraiser - Hotel Specialty

Job Location: Washington, D.C.
Department:Real Estate Valuation
Position Type:Full-Time

HVS Hospitality Consulting is seeking real estate professionals who are looking to transition from the residential and general commercial appraisal sector into the hotel appraisal industry with the firm that leads in this specialty (Bachelor's degree required). Those with a passion for learning and embracing this complex property type, along with an established methodology and set of standards, in a collaborative culture are encouraged to apply.

Every Day is Different: Are you a certified general commercial appraiser seeking a fresh challenge in the valuation profession? If your appraisal work has begun to feel routine, we invite you to transition into hotel real estate valuation, where no two properties or submarkets are alike. Our team works on diverse projects throughout the North East Region (and country), covering everything from simple motels to complex hotel properties, providing variety and constant learning opportunities. We offer comprehensive training in market studies, feasibility analysis, and appraisals (valuations), along with hands-on experience to help you master the complexities of this type of commercial real estate. We also fund licensing and continuing education appraisal courses, ensuring you're equipped for long-term success (if you are committed to the firm long-term, we will even fund your MAI). This role is ideal for those ready to expand their expertise, transition into a more dynamic field, and interact with industry professionals who share a passion for hotel real estate.

Ideal Candidate: If you have your bachelor's degree and your commercial appraisal license (or are working towards licensure), are a self-starter looking to start a career with advancement opportunities, and desire to work within a multicultural and welcoming community, apply today.

About Us:
HVS is the leading real estate firm with a proven track record of delivering expert appraisals and property valuation services in the hotel and hospitality sector. Our company operates across multiple states and focuses on providing accurate, high-quality real estate valuations for various commercial lodging properties. We are looking for a skilled and motivated Commercial Real Estate Appraiser to join our dynamic team.

Job Summary:
The Commercial Real Estate Appraiser is responsible for conducting in-depth property valuations of various types of hotel properties, including motels, hotels, hybrid properties, proposed projects, and more. The role involves collecting, analyzing, and interpreting data to provide accurate property assessments and market value reports. The ideal candidate will have a strong background in real estate, financial analysis, and local market conditions to ensure the highest standards in appraisal reporting.

Key Responsibilities:

1. Property Valuation: Inspect, analyze, and assess commercial hospitality real estate properties for valuation purposes. This includes physical property inspections, market analysis, and gathering necessary information such as legal descriptions, zoning, and neighborhood data.
2. Report Preparation: Prepare clear, detailed appraisal reports that meet company standards and regulatory requirements. This includes data analysis, research, and documentation of all relevant property characteristics and comparable market values.
3. Market Research: Conduct thorough research on local and regional real estate markets, including trends in property values, rental rates, and occupancy levels.
4. Compliance: Ensure all appraisals comply with industry standards (USPAP) and relevant state and federal regulations. Maintain knowledge of market changes, zoning regulations, and new industry practices.
5. Client Relations: Interact with clients, property owners, and stakeholders to provide professional consultation and respond to valuation-related inquiries. Deliver appraisals on time and within the agreed scope of work.
6. Collaboration: Work closely with other appraisers, analysts, and the management team to support broader real estate projects and initiatives. Provide input and feedback on methods, policies, and process improvements.
7. Recordkeeping: Maintain organized records of property inspections, market research, and appraisal reports to support audit and regulatory reviews.

Qualifications:

• Bachelor's degree in real estate, finance, business, or a related field.
• State-certified general appraiser license (or working towards licensure)
• Minimum of 1 year of experience in commercial real estate appraisal.
• In-depth knowledge of local real estate markets, industry trends, and appraisal standards (USPAP).
• Strong analytical skills with experience in financial analysis and property valuation.
• Excellent written and verbal communication skills.
• Ability to work with a team, be managed, embrace company methodologies, and welcome diverse backgrounds.
• Ability to work independently and manage multiple assignments with tight deadlines.

Working Environment:
Work environment characteristics are representative of those an employee encounters while performing the essential functions of the job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions. The individual works remotely within the Washington, D.C. market with the requirement to travel approximately 20%-40% of the time to carry out fieldwork and property inspections (this is often local inspections/fieldwork that takes you out of the office but not too far from home).

Competitive Pay & Benefits:

• Company-paid employee health insurance, including long-term disability, dental, and life insurance - 100% of premium covered.
• Paid cellphone service.
• Company-paid continuing education, insurance, and professional development.
• Attend Annual industry conferences/events.
• An estimated range of compensation for this position is $70,000 to $100,000 annual compensation. Actual compensation may vary based on experience and skill level, as well as licensure status. This role is eligible for bonus, which has been factored into the total annual compensation range presented above.

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