Review Appraiser

This is a fully remote position, open to applicants in Florida, +4 more states.

📋 Description

• Assess internal valuations and residential or commercial appraisals for thoroughness, precision, methodology, credibility, and substantiation.

• Independently evaluate and verify valuation conclusions utilizing market data and other pertinent information.

• Identify unsupported assumptions, calculation errors, outdated data, weak comparables, excessive modifications, omissions, and other appraisal shortcomings.

• Return deficient reports for correction, clarification, or additional evidence.

• Formulate independent recommendations regarding property and collateral value.

• Advise on acceptance, modification, rejection, or further inquiry into valuation conclusions.

• Draft written summaries outlining findings, risks, and suggested values.

• Present valuation recommendations to investment, asset resolution, and credit review committees.

• Articulate valuation methodology, assumptions, market data, and collateral risks to management and committee members.

• Suggest additional appraisals, inspections, environmental assessments, engineering studies, or other analyses as needed.

• Review the work of junior analysts, providing technical guidance and mentorship.

• Manage complex or unusual properties, including commercial, mixed-use, distressed, or conflicting valuation scenarios.

• Maintain appraisal review policies, templates, checklists, escalation procedures, and quality control standards.

• Assist with audits, regulatory reviews, litigation, loan sales, foreclosure decisions, and property disposition strategies.

• Collaborate with the SVP of Asset Management, VP of Valuation, Valuation Team Lead, and Valuation Team Members.

⛳️ Requirements

• Bachelor’s degree in real estate, finance, accounting, economics, business, or a related discipline.

• Over 7 years of experience in real estate appraisal, appraisal review, collateral valuation, underwriting, credit, asset management, or a similar field.

• Proven experience in reviewing both residential and commercial real estate appraisals.

• In-depth knowledge of the sales comparison, income capitalization, and cost methodologies.

• Experience in evaluating comparable selection, market adjustments, income and expense assumptions, capitalization rates, highest and best use considerations, and value reconciliation.

• Experience with distressed, transitional, nonperforming, foreclosed, or complex real estate.

• Strong analytical, written, verbal, and presentation abilities.

• Capacity to exercise independent judgment and challenge unsupported valuation conclusions.

• Proficiency in Microsoft Excel, public records, property databases, listing platforms, mapping systems, and market research tools.

• State Certified General Real Estate Appraiser credential.

• MAI, SRA, AI-GRS, ASA, MRICS, or another recognized appraisal designation.

• Stable and reliable internet connection.

• Professional and dedicated remote working setup.

• Familiarity with USPAP and applicable appraisal independence and regulatory standards.

• Proficiency with Excel, public property records, MLS/listing data, mapping tools, commercial real estate databases, and valuation research resources.

🏝️ Benefits

• Base salary ranging from $60,000 to $80,000.

• Medical insurance coverage.

• Dental insurance coverage.

• Vision insurance coverage.

• Life insurance coverage.

• Disability insurance coverage.

• 401(k) plan with company match.

• Paid holidays.

• Paid time off (PTO).

• Fully remote work environment.

• Occasional travel for leadership off-sites and corporate events.