Commercial Appraiser III
Job Summary
The Assessors Office is accepting applications for a Commercial Appraiser III. This position performs duties associated with the valuation of the Countys commercial industrial and specialized property assets.
This is a full-time benefited position generally working Monday - Friday 8:00 a.m. to 5:00 p.m. All benefits start on the first day! Medical Dental Vision Life 401k Utah Retirement System 14 paid holidays and 18 days of Personal Leave in the first year. The pay for this position ranges from $39.25 to $44.74 an hour.
RESPONSIBILITIES
- Independently perform valuations of the most complex and high-value assets-including shopping malls multi-story hotels and heavy industrial plants-utilizing advanced technical expertise and sophisticated modeling.
- Perform standard valuations for retail strips office buildings and warehouses using all three recognized appraisal approaches: Cost Sales Comparison and Income Capitalization.
- Analyze rent rolls operating statements and lease/expense data to calculate Net Operating Income (NOI) and determine appropriate capitalization rates.
- Utilize Computer-Assisted Mass Appraisal (CAMA) software financial programs and GIS mapping tools to identify inconsistencies develop queries and maintain valuation models.
- Represent the Assessors Office by preparing comprehensive evidence and providing expert testimony for complex appeals at the State Tax Commission or in court.
- Prepare written narratives and evidence to defend appraised values before the local and state Board of Equalization.
- Ensure all appraisal work adheres to the Uniform Standards of Professional Appraisal Practice (USPAP) the International Association of Assessing Officers (IAAO) standards and relevant state property tax statutes.
- Conduct on-site inspections of commercial and industrial properties to verify physical dimensions construction quality condition and intended use.
- Gather and verify data for real property permits and ensure improvements are accurately reflected on property records.
- Analyze digital photography aerial imagery and property sketches; compare these against property characteristic data to ensure accuracy.
- Perform field reviews of commercial completion percentages for new construction.
- Lead the commercial team in market trend analysis and the establishment of county-wide commercial valuation standards.
- Develop and implement protocols for the assessment of new or emerging commercial property types.
MINIMUM QUALIFICATIONS
Education and Experience: Graduation from college with a Bachelors degree AND Five (5) years full-time progressively responsible experience performing primary duties of appraising commercial and income-producing properties along with other related duties as outlined; OR An equivalent combination of education and experience.
Special Qualifications:
- Requires a Licensed Appraiser or Certified Residential Appraiser credential at the time of hire.
- Obtain the Ad Valorem General designation (within 18 months).
- Must possess a valid Utah Drivers License with no DUIs/ARRs within the past five years and no more than two moving violations within the previous 24 months or meet the countys current driving standard.