Real Estate Valuation Consultant (Remote)

Altus Group•Chicago, NY
•Remote

About The Position

The Real Estate Valuation Consultant coordinates delivery processes and client and third-party communications, performs internal valuations across a range of property types, and reviews third-party appraisal reports for valuation reasonableness and regulatory compliance. The role analyzes market and asset-specific data to develop valuation assumptions and estimates, supports analysts’ development, and coordinates work across analysts and the Global Service Center (GSC). The position is listed as remote, with an activity-based work model that allows work location to align with the needs of the work.

Responsibilities

  • Coordinate and drive the delivery schedule within the Delivery pod, including Analysts and GSC, and ensure administrative tasks supporting client engagements are completed accurately.
  • Manage quarterly AIP setup, data confirmations and requests, appraiser and client call scheduling, quarterly invoicing, and engagement letter organization.
  • Coordinate with clients and third parties to support execution of the VMS process and ensure stakeholders receive accurate, timely information.
  • Review market data and analyses prepared by Analysts and Senior Analysts, and apply judgment in determining USPAP-compliant valuation assumptions.
  • Review and create AE models for income approach valuations, and review adjustments and conclusions in the sales comparison and cost approaches.
  • Independently initiate end-to-end valuations across asset classes, including land, developments, and traditional operating properties.
  • Review third-party appraisal reports, assess pricing and market assumptions, and document, discuss, and resolve concerns with clients or third-party appraisers.
  • Review appraisal reports for compliance with USPAP and state regulations.
  • Form valuation theses using market expert guidance, market data, industry news, and asset-specific characteristics.
  • Analyze subject-property markets and submarkets, including determining market rent from comparable leases and the subject’s recent leasing activity.
  • Train and mentor analysts on foundational commercial real estate knowledge and valuation assumptions.
  • Coordinate work allocation with GSC and analysts to support efficiency, communication, collaboration, aligned objectives, and problem resolution.
  • Serve as a primary contact for GSC and analysts on established processes and day-to-day work.
  • Provide clear instructions, share process and results insights, and contribute substantive input in discussions and meetings.
  • Build relationships across organizational lines of service, functional areas, and the business community to achieve results.
  • Identify client needs that may not yet be recognized and communicate them to appropriate managers and leaders.

Benefits

  • Competitive compensation and incentive and bonus plans.
  • A total rewards package prioritizing mental, physical, and financial well-being.
  • Professional learning and development through the Altus Intelligence Academy, which offers over 150,000 hours of learning content.
  • Mentorship and opportunities to work with industry-leading commercial real estate data, tools, and technology.
  • Flexible work model that supports office collaboration and remote focused work.
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