Commercial Real Estate Appraiser

4 weeks ago

New Hyde Park, New York, United States Ridgewood Full time
Appraisal Team Member

We are seeking a highly skilled and experienced Appraisal Team Member to join our team at Ridgewood. This role will play a critical part in assisting the Appraisal Department in reviewing third-party appraisals to determine the market value of commercial real estate. The successful candidate will have a strong background in appraisal and review, with a minimum of 5+ years of experience and a bachelor's degree in a related field.

Key Responsibilities:
  • Conduct thorough reviews and analyses of completed appraisal reports for income-producing properties, including multifamily, office, mixed-use, and retail.
  • Ensure that valuations are reasonably supported, credible, and compliant with federal and state regulations, USPAP, FIRREA, bank policies, and industry standards.
  • Opine on the overall reasonableness and reliability of the appraisal reports received.
  • Review, analyze, render, and communicate decisions regarding the acceptance of appraisals performed by third-party vendors.
  • Complete internal appraisal assignments for use in loan underwriting decisions.
  • Engage in regular communication with and serve as an advisor to Loan Officers and Executive Management on appraisal and real estate valuation matters.
  • Conduct property site inspections, as needed.
Requirements:
  • Minimum 5+ years of recent experience appraising and/or reviewing complex multifamily residential, mixed-use, and/or commercial properties.
  • Bachelor's degree in Accounting, Finance, Economics, or related field preferred.
  • Ability to communicate clearly and concisely in both written and verbal form.
  • Ability to solve problems involving multiple facets of variables in non-standardized situations.
  • New York State General Appraiser Certification License (Current and in Good Standing) is required.
  • Software proficiency in Microsoft Office Suite, including Outlook.
  • Knowledgeable, experienced, and familiar with various property types, including office, retail, multifamily, and cooperatives throughout the New York Metropolitan Area.
  • Good organizational and management skills and ability to work independently.
  • Knowledge of commonly used real estate database sources, including RealQuest, Comps Inc., CoStar, and Multiple Listing Service.

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