Vice President - Valuation

Kidder Mathews Careers•Los Angeles, CA

3d•Hybrid

About The Position

The Vice President, Valuation is responsible for preparing market value appraisals for commercial real estate and other properties, preparing appraisal reports, keeping up to date on real estate market, and mentoring trainees. Decisions are made with thorough understanding of procedures, company policies, and business practices to achieve general results and deadlines. The Vice President, Valuation is responsible for developing and maintaining client relationships.

Requirements

Ability to comprehend, analyze, and interpret complex documents
Demonstrated ability to solve advanced and complex problems
Excellent written and verbal communication and skills. Ability to provide efficient, timely, reliable and courteous service to customers
Ability to speak, write and understand English
Demonstrated accuracy, attentiveness, attention to detail, and strong analytical skills
Strong computer skills (MS Excel, Word, PowerPoint, Outlook)
Demonstrated ability to function in a team environment and proactively problem solve
Ability to prioritize and organize work load and work outside normal office hours to meet daily, weekly and monthly deadlines
Demonstrated ability to follow through and complete tasks
Willingness and demonstration of professional development and continual learning
Ability to independently travel to property inspections
Must have working vehicle, valid driver license and current auto insurance
Bachelor’s Degree or a combination of education and experience
General State Certification/License
Complete understanding of approaches to value of real estate assets
Above average knowledge of financial real estate terms and principles
3+ years commercial appraisal experience

Responsibilities

Fully develop valuation analysis, conclusions and appraisal reports
Inspect properties and gather data from property stakeholders
Complete appraisals including area descriptions, market analysis, site description and improvement descriptions
Research, analyze, and report findings of regional and local area economic profiles including employment, population, household income, existing real estate market conditions, as well as identifying and reporting on development trends for the real estate market
Investigate and gather data for estimating the value of real estate, including but not limited to comparable data (land sales, lease and sale comparables), market statistics including vacancy, absorption, and other supply/demand factors, zoning ordinances and their applicability to the subject, tax and assessment data
Produce high quality reports accurately and on time
Manage billing and collection of Appraisal Fees due for appraisals conducted
Identify and resolve issues related to appraisals as they arise
Stay current and up to date on market and economic conditions
Develop and maintain industry and relevant professional relationships and partnerships
Produce and have MAI authorize letters of engagement or contracts, if applicable
Perform other duties or projects as requested or required