What are the responsibilities and job description for the Sr Vice President Valuation - Seattle Area position at Kidder Mathews Careers?
Job Summary
The Sr. Vice President, Valuation is responsible for independently 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 Sr. Vice President, Valuation is responsible for developing and maintaining client relationships as well as mentoring and training Associate Appraisers and/or Trainees.
Essential Functions
Develop business and source jobs including bidding, delivery timing and fee quotes
Produce and authorize letters of engagement or contracts
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
Provide informal assistance such as technical guidance, and/or training/mentorship to peers and less experienced Appraisers
Stay current and up to date on market and economic conditions
Develop and maintain industry and relevant professional relationships and partnerships
Other Functions
Perform other duties or projects as requested or required
Essential Qualifications To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the competencies (minimum knowledge, skill, and ability) required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Skills and Ability
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
Education/Education
Bachelor’s Degree or a combination of education and experience
General State Certification/License
MAI Designation
Required Knowledge
Complete understanding of approaches to value of real estate assets
Requires above average knowledge of financial real estate terms and principles
EXPERIENCe REQUIRED
5 years commercial appraisal experience
Work Environment
This is a standard office environment with standard office noise like talking, office equipment, etc. In addition, this position may visit property sites in various settings which can be industrial in nature with loud noises and mild fumes.
Physical Demands
While performing the duties of this job, the employee is regularly required to talk and hear. This position is active and may require standing, walking, bending, kneeling, stooping and crouching. The employee must frequently sit and use a computer for long periods of time. Specific vision abilities are required to do this job including close vision. The employee must be able to drive for short to moderate distances and/or times. The employee must often walk through the outdoors and various terrain environments. The employee may be required to access building roof and mechanical areas. The employee must sometimes lift and/or move items up to 10 pounds.
Supervisory Responsibilities
There are no direct supervisory responsibilities
APPRAISAL FEE SPLITS - COMPENSATION PACKAGE