• VAS - Vice President

    CBRE Newport Beach, CA 92662

    Job #2273073730

  • VAS - Vice President

    Job ID

    44664

    Posted

    12-Sep-2022

    Service line

    Advisory Segment

    Role type

    Full-time

    Areas of Interest

    Valuations/Appraisal

    Location(s)

    Anaheim - California - United States of America, Chula Vista - California - United States of America, Huntington Beach - California - United States of America, Indio - California - United States of America, Irvine - California - United States of America, Lancaster - California - United States of America, Long Beach - California - United States of America, Los Angeles - California - United States of America, Newport Beach - California - United States of America, Orange - California - United States of America, Palm Springs - California - United States of America, Riverside - California - United States of America, San Bernardino - California - United States of America, San Diego - California - United States of America, Santa Ana - California - United States of America, Santa Barbara - California - United States of America, Temecula - California - United States of America, Torrance - California - United States of America

    JOB SUMMARY

    Independently prepares market value appraisals on complex real estate assets with review by Director, Managing or Director, Sr. Managing (one of whom must be [MAI] Member of the Appraisal Institute). Prepares real estate appraisal reports from start to finish on simple or complex properties, including all Appraiser responsibilities as well as performing detailed appraisal analysis in order to value real estate. May mentor trainees and/or develop new client relationships.

    ESSENTIAL DUTIES AND RESPONSIBILITIES

    Identifies 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, equitable distribution, corporate employee relocation, investment, or sale; identifying property characteristics.

    Determines valuation method by selecting approach and techniques for valuing property, i.e., cost, direct sales comparison, and income capitalization; identifying property characteristics and attributes.

    Researches and analyzes property information by collecting, verifying, and analyzing data regarding inventory of competitive 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.

    Prepares appraisal report by describing physical and economic property characteristics, appraisal procedures used, and information analyzed; disclosing extraordinary assumptions, and hypothetical and limiting conditions; presenting supportive reasoning.

    Maintains organization reputation by conforming to the Uniform Standards of Professional Appraisal Practice (USPAP); keeping information confidential.

    Updates job knowledge by tracking current real estate values and property development potential, including land use restrictions; participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations for the purpose of conducting accurate appraisals.

    Contributes to overall organizational goals by adding to database, setting up a library, specializing in niche real estate markets, mentoring trainees, and engaging in client development.

    Other duties may be assigned

    SUPERVISORY RESPONSIBILITIES

    No formal supervisory responsibilities in this position. Coordinates and assigns tasks to co-workers within a work unit and/or project team. Leads project teams and/or plan, and supervise assignments of lower level employees. May have responsibility for identifying training needs, tracking performance, coaching, and motivating a work unit and/or group.

    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 knowledge, skill, and/or ability required.

    Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

    EDUCATION and EXPERIENCE

    Bachelors 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 commercial appraisal review experience. Institutional review experience is a plus. Annual production of at least $400k.

    CERTIFICATES and/or LICENSES

    Must have General State Certification/License. MAI preferred

    COMMUNICATION SKILLS

    Ability to comprehend, analyze, and interpret complex business documents. Ability to respond effectively to sensitive issues. Ability to write reports, manuals, speeches and articles using distinctive style. Ability to make effective and persuasive presentations on complex topics to employees, clients and/or public groups. Ability to motivate and negotiate effectively with key employees and client groups to take desired action.

    FINANCIAL KNOWLEDGE

    Requires above-average knowledge of financial real estate terms and principles. Complete understanding of approaches to value of real estate assets.

    REASONING ABILITY

    Ability to solve advanced problems and deal with a variety of options in complex situations. Requires expert level analytical and quantitative skills with proven 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.

    OTHER SKILLS and ABILITIES

    Must be proficient in Argus, MS Word and MS Excel. Good writing skills.

    SCOPE OF RESPONSIBILITY

    Decisions made with thorough understanding of procedures, company policies, and business practices to achieve general results and deadlines. Responsible for setting work unit and/or project deadlines. Errors in judgment may cause short-term impact to department.

    CBRE is an equal opportunity/affirmative action employer with 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.

    CBRE is an equal opportunity/affirmative action employer with 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.

    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)