Overview
- World Business Lenders (WBL) is a privately held portfolio lender specializing in real estate-secured business loans for underserved businesses. WBL operates with a fully remote, multinational workforce and an experienced executive leadership team.
- Typically, the work schedule is from 9:00 AM to 6:00 PM Eastern Time, Monday through Friday, though additional hours may be required based on business needs.
AbouttheRole
- The Commercial Valuation Analyst determines the market value of US commercial properties, mainly through the sales comparison approach, and reviews external appraisals and BPOs to reach a well-supported value conclusion.
Core Responsibilities
- Value US commercial properties by collecting, analyzing and interpreting market data, mainly through the sales comparison approach.
- Apply and stay current on US appraisal principles, practices, and regulations.
- Analyze external appraisals and broker price opinions (BPOs), understand their rationale, and compare them with internal analysis to conclude on a value.
- Interview brokers in the subject property's area to gather market feedback.
- Research zoning and determine the highest and best use of each subject property.
- Produce valuation reports summarizing the completed analyses and value conclusion.
- Maintain accurate, up-to-date appraisal files and documentation.
Education
- Bachelor's degree (BS or BSBA) in real estate, finance, economics, statistics, business analytics, marketing, mathematics, law or a related field; a master's degree is preferred.
- Candidates with other degrees will be considered if they have applicable experience in the field.
Skills and attributes
- Sharp analytical mind, able to think critically and weigh conflicting market evidence.
- Communicates clearly and confidently, both in written reports and in conversation.
- Careful with details and well organized across multiple assignments and deadlines.
- Collaborates well with colleagues and works just as effectively on their own.
Technical skills
- Proficiency in Microsoft 365 products (Excel, Word, Outlook, Teams).
- Experience using commercial real estate data platforms such as CoStar, LoopNet, and DataTree.
Experience requirements
- Minimum of 2 years of relevant experience in real estate valuation or appraisal.
- Advanced knowledge of the sales comparison approach and working knowledge of the income and cost approaches.
- Within the income approach, working knowledge of analyzing rents, operating expenses, net operating income (NOI), capitalization rates and discount rates.
- Experience valuing retail, office, industrial, mixed-use, and land properties, with the ability to learn and progress to more complex and special-purpose property types.
- Ability to critically evaluate comparable selection and appraisal adjustments.
- Experience interpreting zoning codes and regulations across different counties.
- Experience identifying and determining the highest and best use of properties
Work Requirements
- Must be available to work Monday–Friday, 9:00 AM – 6:00 PM Eastern Time.
- Must have a stable internet connection and professional remote working setup.
- Resume must be submitted in English to be considered.
What We Offer
Compensation in USD.
Benefits include paid time off (PTO).
Work Environment: Fully remote work environment.
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