What are the responsibilities and job description for the Intern, Real Estate position at VRC (Valuation Research Corporation)?
About VRC:
VRC is a full-service, independent, global valuation firm that focuses exclusively on valuation and advisory services. Since 1975, we have delivered valuation and financial opinions for M&A transactions and the financial and tax reporting requirements of Fortune 500 companies, private equity firms and their portfolio companies, and more . We welcome you to learn more about us .
About this role:
This position will apply basic real estate valuation concepts that are used in the typical VRC valuation assignment (cost approach, sales comparison approach, and income approach). It is responsible for providing clients with research and valuation analysis to determine the value of their real estate assets.
What you will do:
VRC is an equal opportunity employer committed to creating a diverse team. We are committed to diversity, inclusion, and the equitable treatment of our colleagues, the communities in which we live and work, and our clients. We value creating and working within a team-based environment where each person’s talent, ideas, opinions, and expertise are respected. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability, or veteran status, among other factors. Applicants with a disability who need assistance applying for a position with VRC are asked to email careers@valuationresearch.com .
VRC is a full-service, independent, global valuation firm that focuses exclusively on valuation and advisory services. Since 1975, we have delivered valuation and financial opinions for M&A transactions and the financial and tax reporting requirements of Fortune 500 companies, private equity firms and their portfolio companies, and more . We welcome you to learn more about us .
About this role:
This position will apply basic real estate valuation concepts that are used in the typical VRC valuation assignment (cost approach, sales comparison approach, and income approach). It is responsible for providing clients with research and valuation analysis to determine the value of their real estate assets.
What you will do:
- Work alongside senior level staff to assist with the completion of valuation assignments and develop the knowledge and skills required to advance to independent analysis
- Assist with performing local, national, and international real estate market analysis for a wide range of public and private entities using all accepted and relevant approaches and theory
- Understand and employ valuation models for discounted cash flow analysis (Argus and Excel), comparable property sales models, and construction cost models
- Perform comparative analysis for leasehold properties, analyzing contract and market rental rates using discounted cash flow modeling
- Understand use of Marshall Valuation Service, and be able to develop cost estimates for all types of buildings
- Review industry surveys and benchmarks, economics, and demographic trends
- Currently pursuing a Bachelor’s or Master’s degree in Real Estate, Finance, Accounting, or Economics or MBA from an accredited college or university
- A minimum major GPA of 3.0 is a preferred
- Working/advanced knowledge of Word and Excel
- Strong analytical, comprehension and problem solving skills, as well as strong verbal and written communication skills
- Self-starter temperament with the ability to master new tasks quickly
- Ability to work on multiple assignments, prioritize tasks, and handle dynamic, time-sensitive engagements in a team setting
- Strong work ethic and ability to work flexible hours around critical due dates
- Solid foundation of valuation principals and methodology as they relate to the analysis of fee and leasehold/leased fee real estate interests
- Current authorization to work in the United States without the need for visa sponsorship now or in the future
- Ongoing coaching and mentoring with diverse teams
- An entrepreneurial culture of support
- Flexible work arrangements
- Growth – VRC is growing, and so can your career
VRC is an equal opportunity employer committed to creating a diverse team. We are committed to diversity, inclusion, and the equitable treatment of our colleagues, the communities in which we live and work, and our clients. We value creating and working within a team-based environment where each person’s talent, ideas, opinions, and expertise are respected. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability, or veteran status, among other factors. Applicants with a disability who need assistance applying for a position with VRC are asked to email careers@valuationresearch.com .