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Senior Vice President of Valuation Services
2 months ago
Senior Vice President of Valuation Services
About the Position:
As a Senior Vice President at CBRE, you will take charge of conducting comprehensive market value assessments on various real estate properties, with oversight from a Managing Director, who is a member of the Appraisal Institute (MAI). We are particularly interested in candidates with expertise in Right-of-Way (ROW) evaluations.
Key Responsibilities:
- Determine the value to be assessed by analyzing appraisal requests, project scopes, and specific issues such as mortgage financing, insurance valuations, estate assessments, tax disputes, corporate relocations, investments, or sales.
- Select appropriate valuation methodologies by evaluating property characteristics and determining the best approaches, including cost, direct sales comparison, and income capitalization.
- Conduct thorough research and analysis of property data by gathering, verifying, and interpreting information related to comparable properties, market trends, vacancy rates, and economic factors.
- Compile detailed appraisal reports that outline property characteristics, methodologies employed, and the data analyzed, while clearly stating assumptions and any limitations.
- Uphold the integrity of the organization by adhering to the Uniform Standards of Professional Appraisal Practice (USPAP) and maintaining confidentiality.
- Enhance professional knowledge by staying informed about current real estate values and development opportunities, engaging in relevant professional organizations.
- Contribute to the company's objectives by maintaining databases, establishing resource libraries, specializing in targeted real estate markets, mentoring junior staff, and fostering client relationships.
- Lead project teams and delegate tasks to team members, while also identifying training needs and mentoring less experienced employees.
Qualifications:
- A Bachelor's degree from an accredited institution is required; a Master's degree is preferred.
- At least 10 years of experience in commercial appraisal and a minimum of 3 years in a review capacity are essential. Experience in institutional reviews is advantageous.
- Possession of a General State Certification/License is mandatory, with MAI and ROW experience being highly desirable.
- Strong analytical and quantitative skills are necessary, along with the ability to interpret complex business documents and respond effectively to challenges.
- Proficiency in Argus, MS Word, and MS Excel is required, along with excellent writing capabilities.
- Applicants must be authorized to work in the United States without the need for visa sponsorship.
Why Join CBRE?
At CBRE, you will benefit from the resources and support of a global firm that values an entrepreneurial spirit. You will have opportunities for professional growth, engaging assignments, and a commitment to continuous learning. Our culture is driven by our core values and is focused on delivering innovative real estate solutions that empower businesses and individuals to thrive.
We offer a comprehensive benefits package, including a 401k plan and exceptional perks that promote career advancement and employee retention.
Equal Employment Opportunity: CBRE is an equal opportunity employer committed to diversity and inclusion. We provide equal employment opportunities to all qualified applicants without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, pregnancy, age, citizenship, marital status, disability, veteran status, political belief, or any other basis protected by applicable law.
Candidate Accommodations: CBRE values the unique contributions of all employees and is dedicated to providing reasonable accommodations during the application process for individuals with disabilities.