Commercial Staff Appraiser-Chicago, IL (Cook County)
Chicago, IL - USA
Job Summary
Commercial Appraisers! Are you Ready for More
Join Class Valuation as a Commercial Staff Appraiser and become part of a team thats redefining the appraisal industry.
Now Seeking a Commercial Appraiser in Illinois!
Coverage Areas: Cook County Lake DuPage County Will County and Kendall County
! Competitive opportunities.
! Industry-leading technology.
! A company committed to innovation and growth.
Bring your expertise. Well provide the platform to help you thrive.
Duties and Responsibilities:
Prepare narrative and form-based appraisals of commercial real estate which may include office retail industrial multifamily mixed-use land special-purpose and other income-producing properties.
Review engagement terms and available property information; identify the client intended users intended use effective date relevant property characteristics assignment conditions and the appropriate scope of work.
Inspect subject properties when required and document physical economic locational zoning environmental and market factors affecting value.
Research and verify comparable sales leases operating expenses capitalization rates market trends and other relevant data using reliable public and subscription-based sources.
Develop and reconcile applicable valuation approaches including the sales comparison income capitalization and cost approaches with clear support for assumptions and conclusions.
Analyze leases rent rolls operating statements budgets tax records purchase agreements development costs zoning information and other property-level documents.
Produce clear accurate internally consistent appraisal reports that meet USPAP reporting requirements client specifications and applicable regulatory standards.
Respond promptly and professionally to appraisal review questions revision requests and requests for clarification while preserving appraiser independence and assignment integrity.
Manage assigned deadlines and workload; provide timely status updates and promptly escalate access problems data gaps conflicts scope changes or delivery risks.
Maintain complete and organized work files sufficient to support analyses opinions and conclusions for the applicable retention period.
Protect confidential information and personally identifiable information in accordance with law contract requirements and company information-security policies.
Perform other related duties consistent with the positions professional scope and qualifications.
Education Qualifications and Experience:
Bachelors degree in real estate finance accounting economics business construction urban planning or a related field; equivalent relevant experience may be considered where permitted.
Current Certified General Real Property Appraiser credential in the state(s) where assignments are performed in good standing and without undisclosed disciplinary restrictions.
Experience working within an appraisal management company financial institution national appraisal firm or regulated lending environment.
Three to five years of progressively responsible commercial real estate appraisal experience appraising a broad range of commercial property types and complex ownership or lease structures.
Demonstrated knowledge of USPAP commercial appraisal methodology and applicable appraisal independence requirements.
Proficiency with Microsoft 365 and commercial appraisal mapping public-record and market-data platforms.
Strong analytical research mathematical writing proofreading organizational and time-management skills.
Ability to interpret leases financial statements legal descriptions surveys zoning materials construction information and market data.
Ability to communicate complex valuation matters clearly and professionally to technical and nontechnical audiences.
MAI designation or active progress toward an MAI designation a plus.
- No Job Is Beneath Anyone
- Do What Is Necessary
- Winners Work
- Never Settle
- Every Detail Matters
- Own the work. Build the trust
- Support Serve And Trust
- Golden Rule
- Work Family/Home Family Balance
Class Valuation LLC. is an equal opportunity employer. We base employment decisions on merit qualifications and abilities. We do not discriminate based on race color religion sex sexual orientation gender identity or expression national origin age height weight familial or marital status pregnancy childbirth ancestry citizenship status disability veteran status arrest record or any other characteristic protected by law. Our leadership team is dedicated to this policy throughout all employment practices.
Required Experience:
Staff IC
About Company
Avoid time-consuming delays thanks to our guaranteed pricing options and lightning-fast turn-times, so you can help more borrowers realize their homeownership dreams.