CBRE
VAS - First Vice President

Job ID: 148852

Posted: 02-Jan-2024

Service Line: Advisory Segment

Role Type: Full-time

Areas of Interest: Valuations/Appraisal

Location(s): Los Angeles - California - United States of America

About The Role:

As a CBRE VAS First Vice President, you will independently prepare market value appraisals on real estate assets with review by a Managing Director or Senior MD. You'll prepare real estate appraisal reports from start to finish and perform detailed appraisal analysis to value real estate with the highest quality of work product. You will mentor trainees and develop new client relationships to sell your own work and for other appraisers nationwide.

What You'll Do:

• Research and analyze property information by collecting, verifying, and analyzing data regarding inventory of similar 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.
• Identify value to be estimated by talking with client regarding 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.
• Determine valuation method by selecting approach and techniques for valuing property, i.e., cost, direct sales comparison, and income capitalization; identifying property characteristics and attributes.
• Prepare 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.
• Sell a significant amount of work to be completed by self and others in the line of business.
• Contribute to overall organizational goals by adding to database, setting up a library, specializing in unique real estate markets, mentoring trainees, and engaging in client development.
• Maintain organization reputation by conforming to the Uniform Standards of Professional Appraisal Practice (USPAP); keeping information confidential.

You'll Need: 

To perform this job successfully, an individual will need to perform each crucial 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 essential functions.

• Bachelor's degree required, master's degree preferred.
• A minimum of 12 years of commercial appraisal experience and 3 years of commercial appraisal review experience. Institutional review experience is a plus. Annual production of at least $750k.
• Must have General State Certification/License and MAI designation.
• Ability to comprehend, analyze, and interpret business documents. Ability to respond to critical issues. Ability to write reports, manuals, speeches and articles using distinctive style.
• Above-average knowledge of financial real estate terms and principles. Complete understanding of approaches to value of real estate assets.
• Ability to solve advanced problems and deal with a variety of options in complex situations. Draws upon the analysis of others and makes recommendations of significance to the operation.
• Must be proficient in Argus, MS Word and MS Excel. Good writing skills.
• Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.

CBRE carefully considers multiple factors to determine compensation, including a candidate’s education, training, and experience. The minimum salary for the VAS First Vice President position is $50,000 annually and the maximum salary for the VAS First Vice President position is $66,560 annually. The compensation that is offered to a successful candidate will depend on the candidate’s skills, qualifications, and experience. This role will provide the following benefits: 401(K), Dental insurance, Health insurance, Life insurance, and Vision insurance.

CBRE is an equal opportunity employer that values diversity. We have 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. We also provide reasonable accommodations, as needed, throughout the job application process. If you have a disability that inhibits your ability to apply for a position through our online application process, you may contact us via email at recruitingaccommodations@cbre.com or via telephone at +1 866 225 3099 (U.S.) and +1 866 388 4346 (Canada).

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.