AVP, Residential Valuation Appraiser

SitusAMC is where the best and most passionate people come to transform our client's businesses and their own careers. Whether you're a real estate veteran, a passionate technologist, or looking to get your start, join us as we work together to realize opportunities for everyone, we proudly serve.

At SitusAMC, we are looking to match your unique experience with one of our amazing careers, so that we can help you realize your potential and career growth within the Real Estate Industry. If you are someone who can be yourself, advocate for others, stay nimble, dream big, own every outcome, and think global but act local - come join our team

This role's primary responsibility will be to value single family residential properties across all 50 states and U.S. territories, on behalf of a New York City based investment fund, via desktop property valuation reviews. This role will be responsible for reviewing residential properties and accurately determining their value. This role will have access to appraisals, BPOs (Broker Price Opinions), AVMs (Automated Valuation Methods), property inspections or online resources (Zillow, Redfin, etc). This role will also be responsible for reconciling the various valuation products, validating comparable sales (comps), assessing damage, estimating repair costs, and ultimately determining the as-is and as-repaired value of residential properties across the country. This role should be comfortable valuing new construction, existing homes, vacant and damaged properties. This role will research residential housing trends, provide comprehensive reports on housing markets, and offer strategic housing recommendations. This role will help shape investment decisions and guide market focus for the investment fund.

Essential Job Functions:

• Reconcile residential property values by conducting thorough reviews of appraisals, BPOs, AVMs, property inspections, and online valuation resources.

• Research residential housing trends, provide comprehensive reports on housing markets, and offer strategic housing recommendations.

• Analyze housing market trends and compile detailed reports.

• Estimate repair costs and as-repaired values for damaged properties.

• Provide strategic recommendations to investors on potential housing investment opportunities.

• Assess the accuracy of valuations on REO loans and/or dispute valuations conducted by other appraisers.

• Interface with investment stakeholders to present findings and support decision-making processes.

• Ensure all valuations adhere to company standards.

• Review bulk snapshot values within condensed timelines

• Other activities as may be assigned by your manager

Qualifications/ Requirements:

• Bachelor's degree in related field or equivalent combination of education and experience

• Minimum of 6+ years of industry and/or relevant experience, typically with 1+ years in a Senior Associate level role or external equivalent.

• Licensed appraiser with experience in residential real estate.

• Thorough understanding of appraisal methods and real estate market trends to provide accurate valuation of properties.

• Analytical skills to examine public and private records about real estate properties, compare property characteristics, and use this information to establish a property's market value.

• Ability to manage time effectively when handling multiple appraisals simultaneously and meeting deadlines.

• Excellent communication skills to convey appraisal information to clients and other parties, both in written reports and verbal explanations.

• Demonstrated ability to primarily work independently, but also welcoming of a team environment.

• Experienced with technology and large datasets. Comfortable in valuing residential properties from a desktop.

• Proficient in: Microsoft Excel, Microsoft Word, Adobe PDF, and Outlook.

#LI-REMOTE

Note: This job description is not intended to be all inclusive or exclusive. At any time, employees may perform other related duties as required to meet the ongoing needs of the organization and participate in additional trainings. SitusAMC does not accept unsolicited resumes from staffing agencies, search firms or any third parties. Any unsolicited resume submitted to SitusAMC in any manner will be considered SitusAMC property, and SitusAMC will not pay a fee for any placement resulting from the receipt of an unsolicited resume.

The annual full time base salary range for this role is

$75,000.00 - $100,000.00

Specific compensation is determined through interviews and a review of relevant education, experience, training, skills, geographic location and alignment with market data. Additionally, certain positions may be eligible to receive a discretionary bonus as determined by bonus program guidelines, position eligibility and SitusAMC Senior Management approval. SitusAMC offers PTO and paid holidays, the terms of which are set forth in the program policies. All full time employees also are eligible to participate in various benefit plans, including medical, dental, vision, life, disability insurance and 401K; in each case in accordance with the terms of the applicable plans.

Pay Transparency Nondiscrimination Provision (https://go.situsamc.com/rs/962-QMP-613/images/pay-transp_%20English_formattedESQA508c.pdf?version=0)

SitusAMC is an Equal Opportunity Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

Know Your Rights, Workplace Discrimination is Illegal (https://www.eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRights6.12ScreenRdr.pdf)