Appraiser, Senior

Newmark•Austin, TX

About The Position

The Senior Appraiser independently prepares complete appraisal reports for complex commercial properties. The role conducts property inspections and appraisals, researches markets and comparable properties, develops income, sales comparison, and cost approaches, performs highest-and-best-use analyses, and presents and defends valuation conclusions to clients, lenders, and counsel. The position also manages assignments, ensures quality control and regulatory compliance, mentors junior staff, and supports proposals and business development. It makes independent judgments in developing appraisals and may complete formal review responses with guidance from senior staff. The appraiser engages directly in client meetings and maintains knowledge of government regulations, zoning laws, appraisal standards, business software, and relevant data sources.

Requirements

Bachelor's degree, preferably in real estate or a related subject such as economics or finance.
State-appropriate Certified General Appraiser License.
3–6 years of professional experience as a Commercial Real Estate Appraiser.
Experience and skill writing appraisals and appraisal reviews of complex commercial properties.
Solid understanding of real property valuation concepts, commercial real estate terminology, and property tax jurisdictional processes and procedures.
Strong analytical and writing skills.
Strong communication skills with clients and market participants involved in research.
Strong organizational and multitasking skills.

Nice To Haves

Master of Science or MBA in real estate preferred.
Knowledge of Argus preferred.

Responsibilities

Independently prepare complete appraisal reports on complex properties, collaborating with senior-level staff and reviewing reports as needed.
Conduct appraisals of commercial properties to establish market value.
Research markets and comparable properties; develop income, sales comparison, and cost approaches; and perform highest-and-best-use analyses.
Present and defend appraisal conclusions to clients, lenders, and counsel.
Manage assignments and ensure quality assurance, quality control, and regulatory compliance.
Mentor junior staff and support proposals and business development.
Make independent decisions and exercise judgment in appraising complex properties.
Inspect properties.
Complete formal review responses with guidance from senior staff when requested.
Engage directly in client meetings.
Maintain knowledge of current government regulations, zoning laws, and appraisal standards.
Understand the software programs used in the business and remain familiar with necessary data sources.
Perform other duties as assigned.