VAS - DirectorJob ID173283Posted24-Jun-2024Service lineAdvisory SegmentRole typeFull-timeAreas of InterestValuations/AppraisalLocation(s)San Diego - California - United States of AmericaAre you ready to start an exciting career with CBRE?About the roleAs a CBRE VAS - Director, you will independently prepare market value appraisals on real estate with review by a Managing Director (one of whom must be [MAI] Member of the Appraisal Institute). You'll prepare real estate appraisal reports from start to finish on properties, including all Appraiser responsibilities as well as performing detailed appraisal analysis in order to value real estate. You may mentor trainees and/or develop new client relationships.What you'll do
Identify value to be estimated by studying appraisal request, problem to be solved, and scope of the project, such as, mortgage financing, insurance replacement cost calculation, estate valuation, tax appeals, corporate employee relocation, investment, or sale.
Calculate valuation method by selecting approach and techniques for valuing property, i.e., cost, direct sales comparison, and income capitalization; identifying property characteristics and attributes.
Research and analyze property information by collecting, verifying, and analyzing data regarding inventory of similar properties, sales and listings, vacancies and offerings, absorption rates, demand studies, social, economic, governmental, and environmental characteristics, restrictions, encumbrances, covenants, contracts, declarations, special assessments, ordinances, cost and depreciation, income/expense and capitalization rate, history of ownership, and use of the property; conducting analyzes and studies, e.g., land utilization, supply and demand, economic feasibility, highest and best use, marketability, development, litigation support; searching databases; inspecting property; interviewing people in a position to understand the property.
Prepare appraisal report by describing physical and economic property characteristics, appraisal procedures used, and information analyzed; disclosing assumptions, and hypothetical and limiting conditions.
Maintain organization reputation by conforming to the Uniform Standards of Professional Appraisal Practice (USPAP); keeping information confidential.
Update job knowledge by studying current real estate values and property development potential, including land use restrictions; participating in development opportunities; reading professional publications; maintaining personal networks; participating in professional organizations for the purpose of conducting accurate appraisals.
Subscribe to overall company goals by adding to database, setting up a library, specializing in select real estate markets, mentoring trainees, and engaging in client development.
Other duties may be assigned.
No formal supervisory responsibilities in this position. Coordinate and assign tasks to co-workers within a team. Lead project teams and/or plan, and coordinate assignments of lower level employees. May have responsibility for identifying training needs, studying performance, mentoring, and motivating a group.
What you'll needTo perform this job successfully, an individual will need to perform each crucial duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
Bachelor's degree (BA or BS) from four-year college or university required. Master's degree (MA, MS or MBA) preferred. A minimum of (8) years commercial appraisal experience and (3) years review experience. Institutional review experience is a plus.
Must have General State Certification/License. MAI preferred.
Ability to comprehend, analyze, and interpret business documents. Ability to respond efficiently to issues. Ability to write reports, manuals, speeches and articles using distinctive style. Ability to make effective and persuasive presentations on topics to employees, clients and/or public groups. Ability to collaborate with key employees and client groups to take desired action.
Above-average knowledge of financial real estate terms and principles. Complete understanding of approaches to value of real estate assets.
Ability to address problems and provide a variety of options in various situations. Requires high level analytical and quantitative skills with experience in developing strategic solutions for a growing matrix-based multi-industry sales environment. Draws upon the analysis of others and makes recommendations of significance to the operation.
Must be proficient in Argus, MS Word and MS Excel. Good writing skills.
Why CBRE?When you join CBRE you will have the support and resources of a global firm where an entrepreneurial mentality is encouraged. You'll realize your potential with exciting work, fast-paced assignments, an environment of constant learning and dedication to results! To enable your success, we provide the best tools, training and leaders in the industry.Our culture is built on our RISE (https://www.cbre.com/about-us/culture-and-history) values and reflects the needs and perspectives of our clients and our people. Our work is guided by our North Star: Crafting the real estate solutions of tomorrow, so businesses and people thrive.Coming to work for CBRE, you will receive a comprehensive benefits package, 401k, and extraordinary perks such as career growth and longevity!CBRE carefully considers multiple factors to determine compensation, including a candidate’s education, training, and experience. The minimum salary for the VAS Director position is $125,000 annually and the maximum salary for the VAS Director position is $175,000 annually. The compensation that is offered to a successful candidate will depend on the candidate’s skills, qualifications, and experience. Successful candidates will also be eligible for a discretionary bonus based on CBRE’s applicable benefit program.Equal Employment Opportunity: CBRE is an equal opportunity employer that values diversity. We have a long-standing commitment to providing equal employment opportunity to all qualified applicants regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, pregnancy, age, citizenship, marital status, disability, veteran status, political belief, or any other basis protected by applicable law.Candidate Accommodations: CBRE values the differences of all current and prospective employees and recognizes how every employee contributes to our company’s success. CBRE provides reasonable accommodations in job application procedures for individuals with disabilities. If you require assistance due to a disability in the application or recruitment process, please submit a request via email at [email protected] or via telephone at +1 866 225 3099 (U.S.) and +1 866 388 4346 (Canada).NOTE: Some, but not all, of our positions may have an additional requirement to comply with COVID-19 health and safety protocols, including COVID-19 vaccination proof and/or rigorous testing. If you have questions about the requirement(s) for this position, please inform your Recruiter.CBRE, Inc. is an Equal Opportunity and Affirmative Action Employer (Women/Minorities/Persons with Disabilities/US Veterans)