Real Estate Valuation Consultant (Remote)

Altus Group

1d • Remote

About The Position

The Real Estate Valuation Consultant coordinates delivery processes and client engagements, performs internal real estate valuations, reviews third-party appraisals, analyzes market and property data, and supports the development of analysts. The role works with analysts, senior analysts, the Global Service Center (GSC), clients, market experts, and third-party appraisers to ensure accurate, timely, and compliant valuation work across multiple asset classes.

The consultant independently manages end-to-end valuation processes and can value traditional operating properties, including complicated industrial, retail, and apartment assets and most office assets, as well as land and developments. The position also coordinates the allocation of work, supports process efficiency and collaboration, and contributes insights and clear instructions to colleagues. The posting describes a remote role and Altus Group's Activity-Based Work model, which allows work location to align with work needs, including office collaboration and remote focused work.

Requirements

• Ability to apply judgment to valuation assumptions, including market rent, market rent growth, pricing, and operating expenses.
• Ability to complete valuations for traditional operating properties, including complicated industrial, retail, and apartment assets and most office assets.
• Ability to value all property types, including land and developments.
• Ability to analyze subject-property markets and submarkets and determine market rent using comparable leases and the subject's recent leasing.
• Ability to review appraisal reports for USPAP and state-regulation compliance.
• Ability to coordinate work and communicate effectively with clients, third-party appraisers, analysts, and GSC.
• Ability to provide clear instructions, share insights, resolve problems, and contribute substantively in discussions.

Responsibilities

• Coordinate and drive the delivery schedule within the Delivery pod, including Analysts and GSC, and ensure administrative tasks for client engagement delivery are completed accurately.
• Manage quarterly AIP setup, data confirmation and requests, appraiser and client call scheduling, quarterly invoicing, and organization of engagement letters between clients and third-party appraisers.
• 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 completed by analysts and senior analysts, and apply judgment in determining USPAP-guided valuation assumptions.
• Review and create AE models for income approach valuations, and review adjustments and conclusions for sales comparison and cost approaches in appraisal reports.
• Independently initiate and complete end-to-end valuations across different asset classes, including all property types, land, and developments.
• Review third-party appraisal reports, including preliminary reviews with analysts; assess the reasonableness of 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.
• Develop valuation assumptions by incorporating market-expert guidance, market data, industry news, and asset-specific characteristics.
• Conduct subject-property market and submarket analyses, including gathering and analyzing data and determining market rent from comparable recent leases and the subject property's recent leasing.
• Support training and mentorship of analysts in foundational commercial real estate knowledge and valuation judgment, including market rent and market rent growth.
• Coordinate work processes and allocation with GSC and analysts to promote efficiency, communication, cross-team collaboration, aligned objectives, and problem resolution.
• Serve as a primary contact for GSC and analysts regarding established processes and day-to-day work.
• Provide clear instructions, share insights to improve processes and results, and contribute substantive input to discussions and meetings.
• Build and leverage relationships across organizational lines, functional areas, and the business community to achieve results.
• Identify potential client needs and communicate them to appropriate managers and leaders.

Benefits

• Competitive compensation, incentive and bonus plans, and a total rewards package focused on mental, physical, and financial well-being.
• Professional learning and development opportunities through the Altus Intelligence Academy, which offers over 150,000 hours of learning content.
• Mentorship from experienced commercial real estate professionals.
• Access to industry data, tools, and technology.
• Flexible work model allowing work location to align with work needs.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed