Valuation Analyst II, Ten-X (General Appraiser License is required)

CoStar Group • Richmond, VA

400d

About The Position

The Valuation Analyst II at CoStar Group is responsible for reviewing commercial real estate leads and managing the underwriting pipeline for the Ten-X auction sales platform. This role involves analyzing market data, developing pricing opinions, and communicating findings to the Business Development team to aid in decision-making regarding the onboarding and sale of commercial real estate assets.

Requirements

• An active Certified General Appraiser License is required.
• A completed bachelor's degree from an accredited, not for profit university is essential.
• 5-7 years of experience in commercial real estate valuation and underwriting.
• Demonstration of commitment to prior employers.
• Experience with financial modeling across all types of commercial real estate classes, including cash flow models and other financial analyses required to evaluate commercial real estate opportunities presented for sale to Ten-X.
• In-depth understanding of real estate investment factors and valuation, coupled with a general understanding of finance, accounting, leasing and capital markets, terms, and concepts.
• Extremely strong quantitative and analytical skills with an attention-to-detail.

Nice To Haves

• High level of proficiency in Excel and PowerPoint.
• Strong written and verbal skills, with fluency in commercial real estate valuation terms and concepts.
• Excellent organizational skills with the ability to work independently, prioritize, and multi-task.
• Ability to work in a high-volume, fast-paced environment within which the typical daily deal volume to review is 4-6 new opportunities.
• Comfortable working across all major commercial property types (office, retail, industrial, multi-family, & hotel).

Responsibilities

• Quickly analyze and develop a credible pricing opinion for commercial real estate assets through a review of the supporting due diligence and market data.
• Identify and communicate to the Business Development team what due diligence may still be necessary.
• Present and support your pricing opinion.
• Review and analyze previous auction data to understand sale trends.
• Present counter arguments of why pricing expectations may be too aggressive and present support and reasoning for a discounted sales price.

Benefits

• Comprehensive healthcare coverage: Medical / Vision / Dental / Prescription Drug
• Life, legal, and supplementary insurance
• Commuter and parking benefits
• 401(K) retirement plan with matching contributions
• Employee stock purchase plan
• Paid time off
• Tuition reimbursement
• On-site fitness center and/or reimbursed fitness center membership costs
• Complimentary gourmet coffee, tea, hot chocolate, prepared foods, fresh fruit, and other healthy snacks

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Real Estate
• Education Level: Bachelor's degree