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Valuation Associate
CBRE
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Valuation Associate

CBRE

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Details
Posted:
April 3, 2021
Location:
Memphis, United States
Salary:
Open
JOB SUMMARY

Researches and provides market information to senior appraisers as it relates to the appraisal assignment. Assists senior appraiser in the preparation of real estate appraisal reports, including entering data in the property database, taking photos of the subject and comparables, and driving the neighborhood.


ESSENTIAL DUTIES AND RESPONSIBILITIES

Does preliminary research on a property including verification of comparables, demographics, market area analysis, etc.

Assists in preparing simple portions of an appraisal report.

Assists in examining and analyzing income producing properties.

Researches market area and attempts to determine what may impact the subject's value.

Assists in making comparison analysis based on sales of similar properties.

Analyzes past revenue and expense performance

May be trained to use Argus (cash flow software) as needed.

Other duties may be assigned


SUPERVISORY RESPONSIBILITIES

No formal supervisory responsibilities in this position.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.


EDUCATION and EXPERIENCE

Bachelor's degree (BA/BS) from four-year college or university.


CERTIFICATES and/or LICENSES

None


COMMUNICATION SKILLS

Excellent written and verbal communication skills. Strong organizational and analytical skills. Ability to provide efficient, timely, reliable and courteous service to customers. Ability to effectively present information.


FINANCIAL KNOWLEDGE

Requires basic knowledge of financial real estate terms and principles.


REASONING ABILITY

Ability to understand and carry out general instructions in standard situations. Ability to solve problems in standard situations. Requires intermediate analytical and quantitative skills.


OTHER SKILLS and ABILITIES

Basic skills in Microsoft Word and Excel. Good writing skills.


SCOPE OF RESPONSIBILITY

Decisions made with general understanding of procedures and company policies to achieve set results and deadlines. Errors in judgment may cause short-term impact to co-workers and supervisor.

Internal Number: 21010430
About CBRE
With broader and deeper capabilities than any other company, CBRE is the leading full-service real estate services and investment organization in the world. CBRE Group, Inc. is the world’s largest commercial real estate services and investment firm, with 2017 revenues of $14.2 billion and more than 80,000 employees (excluding affiliate offices). CBRE has been included in the Fortune 500 since 2008, ranking #214 in 2017. It also has been voted the industry’s top brand by the Lipsey Company for 17 consecutive years, and has been named one of Fortune’s “Most Admired Companies” in the real estate sector for six years in a row. Its shares trade on the New York Stock Exchange under the symbol “CBRE.” CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.
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